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kondaur [170]
2 years ago
13

What are the 3 important reasons to reconcile bank and credit card as a set date ​

Business
1 answer:
rodikova [14]2 years ago
6 0

Answer:

1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.

Explanation:

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Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation
ra1l [238]

Answer:

Unit product cost = $107

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

=  $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42  + $31 + $11 + 23

= $107

7 0
2 years ago
The accounts receivable turnover is computed as __________ divided by __________. sales; accounts receivable sales; average acco
tekilochka [14]

Answer:

sales ; average accounts receivables

Explanation:

Accounts receivable turnover refers to how a business firm manage its assets. Businesses, companies uses accounts receivables to know and quantify how perfectly goods bought on credit by their customers are being paid back. It also measures how business gives credit and collects back it's debt .It is calculated as net sales divided by average accounts receivables.

6 0
3 years ago
Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?
Sphinxa [80]

Answer:

The correct answer is C. standard of living is ultimately determined by long-term growth.

Explanation:

The long-term path for economic growth is a fundamental issue of the study of the economy. The increase in the GDP of a country is usually considered as an increase in the standard of living of its inhabitants. Over long periods of time, even small annual growth rates, can have a significant effect. Thanks to its conjugation with other factors.

An annual growth rate of 2.5% would lead to GDP doubling over a period of 30 years. While an annual growth rate of 8%, it would lead to the same phenomenon in a period of only 10 years. Example: Some countries like Asian tigers. When a population increases to see improvements in living standards, GDP has to grow faster than that population. This analysis seeks to understand why there are very different rates of economic growth in some regions of the world.

8 0
3 years ago
Typical office workers waste ___ per day. 2 1/2 hours or 1 1/2 hours or 2 hours or 20 minutes or 1 hour
nekit [7.7K]
Office workers waste around 1 to 2 hours a day
8 0
2 years ago
Read 2 more answers
The attitudes that Ryan's customers develop after they have purchased his yearly lawn care service will become the basis for det
aniked [119]

Answer: Reliable

Explanation:

According to the above analysis, Ryan's customers develop would only renew their yearly lawn care service based on the attitude they develop. Based on this, Ryan needs to be reliable by quickly addressing problems that occur.

Reliability has to do with trusting someone to b competent, accurate, trustworthy and performs consistently well. When the customers realize that Ryan is a reliable person, they'll renew their lawn care service.

6 0
3 years ago
Read 2 more answers
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