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3 years ago

What are four Common Work Contexts for Financial Analysts

Business

2 answers:

OlgaM077 [116]3 years ago

8 0

Answer:

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Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

Step2247 [10]

Answer:

The equivalent units of production for October are :

Raw Materials = 423,750

Conversion Costs = 418,500

Explanation:

<u>Calculation of Equivalent Units of Production</u>

1. Raw Materials

Ending Work In Process Inventory (25,000 × 71%) 17,750

Completed and Transferred (406,000 × 100%) 406,000

Equivalent Units of Production for Materials 423,750

2. Conversion Costs

Ending Work In Process Inventory (25,000 × 50%) 12,500

Completed and Transferred (406,000 × 100%) 406,000

Equivalent Units of Production for Materials 418,500

3 0

3 years ago

For the current year, a business has earned (but not recorded or received) $200 of interest from investments. Demonstrate the re

uysha [10]

Answer:

Explanation:

The adjusting journal entry is shown below:

Interest receivable A/c Dr $200

To Interest revenue A/c $200

(Being the interest earned is recorded)

Since the interest would not be received but it is earned so we debited the interest receivable account and credited the interest revenue account.

The other accounts which are given in the brackets are wrong.

7 0

3 years ago

The largest asset class on u.s. commercial banks' balance sheet as of september 30, 2012 was

Thepotemich [5.8K]

Answer: real estate loans

6 0

3 years ago

Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and ca

nikdorinn [45]

Answer:

A) Country 1's PPF lies further to the right than country 2's PPF.

Explanation:

Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.

If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.

Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.

7 0

3 years ago

An example of a discretionary fixed cost would be: Group of answer choices Taxes on the factory. Depreciation on manufacturing e

asambeis [7]

Answer:

Research and development

Explanation:

Fixed cost is cost that does not vary with output. It is cost that is incurred regardless of the units of output produced

Discretionary fixed cost is cost that is incurred at the discretion of the management of a company.

A company can decide to undertake research and development or not to. So, it is an example of discretionary fixed cost

8 0

3 years ago