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3 years ago

Discuss the economic conditions and economic institutions that affect personal finance.

Business

1 answer:

MaRussiya [10]3 years ago

6 0

Answer:

Economics and Personal Finance. Instruction in economics and personal finance prepares students to function effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and how the United States' economy is interconnected with the global economy.

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On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years or 50,0

Aneli [31]

Answer:

Accumulated depreciation= $276,000

Explanation:

Giving the following information:

On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.

Depreciable value= 700,000 - 10,000= 690,000

Straight-line depreciation= 690,000/5= $138,000

Accumulated depreciation= 138,000*2= $276,000

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3 years ago

If you injure yourself bungee jumping and sue the bungee jumping company, what might the bungee company claim in defense?

Digiron [165]

<span>The bungee company can claim you knew the risks of bungee jumping as the jumper signed and complied with all the paperwork and consent forms before performing the jump.</span>

4 0

4 years ago

Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding D

kogti [31]

Answer:

Cost per EUP Materials: $2,05

Explanation:

Units Materials Conversion

Beginning WIP: 25,000 25,000 (100%) 13,750 (55%)

Units Transferred Out: 135,000 135,000 135,000

Ending WIP: 30,000 30,000 (100%) 9,000 (30%)

Equivalent Units of Production (FIFO): Units Transferred Out + Equivalent Units in ending WIP - Equivalent Units in Beginning WIP

EUP Materials: 135,000 + 30,000 - 25,000 = 140,000

Cost per Equivalent Unit (FIFO): Total Cost Incurred in the Period / Equivalent Units of Production

Cost per EUP Materials: 287,000 / 140,000 = $2,05

7 0

3 years ago

Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether i

serg [7]

Answer:

d. having enough books to satisfy customer demands versus the cost of having the inventory

Explanation:

There are inventory issues in each business. This is because many a times the demand and supply of inventory cannot be estimated.

Thus, in the given case also, there is same issue.

The books are written by famous politicians or celebrities, thus there is assurance of sale, because of the popularity, celebrity concerns etc:

At the same time there is no assurance as to the volume of sale. As people might criticize the books or people might like the book, but it will be in popularity that is confirm, because of social status of the author.

In this case to keep the inventory cost low, and also stock of inventory to meet the needs of people at the same time is challenge.

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4 years ago

The process of when a product is recycled back into almost the same product, is called?

Setler [38]

When a product is recycled back into almost the same product it's called 'reuse.' There are three R's - reduce, reuse, and recycle. When a product, such as paper, is recycled and made again into paper or a paper product, this is called reuse.

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3 years ago