The answer would be C.
savings accounts typically have lower earning potentials than investments do.
Answer:
total working capital = $1,191,963
Explanation:
working capital = total current assets - total current liabilities
total current assets = cash + accounts receivable + inventories = $405,549 + $369,972 + $449,793 = $1,225,314
total current liabilities = $33,351
total working capital = $1,225,314 - $33,351 = $1,191,963
Answer: $33,280
Explanation:
With FIFO, materials cost is added at the beginning.
Cost per unit of materials in production:
= 15,000 / 10,000
= $1.50
Cost per unit of conversion:
= 25,000 / Equivalent unit of production for conversion
Equivalent unit of production for conversion:
2,000 units were not transferred at the end of the month seeing as only 8,000 units were:
= 8,000 + (2,000 * 70%)
= 9,400 units
= 25,000 / 9,400
= $2.66
Amount transferred:
= 8,000 units * (Material cost + Conversion cost)
= 8,000 * (1.50 + 2.66)
= $33,280
Answer:
1. $2,400
2. Investment 2
Explanation:
For computing the expected return for the investment 2, we have to apply the formula which is shown below:
= Probability for Scenario 1 × return in Scenario 1 + Probability for Scenario 2 × return in Scenario 2 + Probability for Scenario 3 × return in Scenario 3
= 0.2 × $6,000 + 0.3 × $4,000 + 0.5 × 0
= $1,200 + $1,200
= $2,400
From the calculations we use the investment 2 as Paul is uncertain about the return for investment 1
Answer:
autoworker who is laid off from an automobile company due to a decline in sales caused by a recession.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
Mathematically, cyclical unemployment rate can be calculated using the formula;
An example of cyclical unemployment is an autoworker who is laid off from an automobile company due to a decline in sales caused by a recession.
