Answer:
a. have maturity dates of 3 months or less
Explanation:
Cash equivalents refer to those short term highly liquid security investments such as marketable securities like commercial papers which can be converted into cash within 90 days or 3 months.
Cash equivalents are characterized by their maturity period being 3 months or lesser.
Commercial papers and certificate of deposits maturing in less than 3 months constitute cash equivalents.
Two major characteristics of cash equivalents being, their maturity period being 3 months or lesser and their maturity value is not subject to fluctuations i.e it is known in advance.
Answer:
The correct answer is B. $14,500
Explanation:
According to the accounting concept, the machines cost includes all those cost which is related to the machine like - purchase cost of machine, installation cost of machine, insurance cost,etc.
So,
Total cost of machine = Purchase cost of machine + installation cost of machine + insurance cost
= $10,000 + $4,000 + $500
= $14,500
Hence, the total machine cost is $14,500 which is to be recorded in the financial statements.
Thus, the correct answer is B. $14,500
The steps for finding the EOQ in a quantity discount model with variable H are:
- The optimal point is the quantity that yields the lowest cost
- Start with the lowest price
- If the minimum point is feasible
- Otherwise, compare total costs
What is the Economic Order Quantity(EOQ)?
The Economic Order Quantity is the ideal quantity of units a company should purchase to meet demand while minimizing inventory, costs such as holding costs, shortage costs, and order costs.
The economic order quantity formula assumes that demand, ordering and holding costs all remain constant.
Learn more about Economic Order Quantity here:
brainly.com/question/7224625
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Answer:
The correct answer is B
Explanation:
The journal entry to record the sale of the subscription is as:
Cash A/c.............................................................Dr $600,000
To Unearned Subscription Revenue A/c..........Cr $600,000
As company made a sale of the subscription, so cash is received from sale therefore any increase in asset is debited. So, the cash account is debited. And the unearned subscription revenue is credited because cash is received against subscription sale.
Answer:
1. A) Gold coins
2. B) food stamp
3. Gold coins
Funds in a checking account
Funds in a savings account
100 shares of Google stock
Grocery Store Coupons
Food stamps
Explanation:
Money is legal tender that is generally acceptable for transaction within a geographical location mostly a country.
Gold coins is a form of money that is accepted it can be use for transaction immediately.
Funds in checking and savings accounts :-money is available but not in cash or coin, a card is needed to make of the money.
100 shares of google stock:- this is an investment that will yield dividend over a period of time, its not available for use at the moment.
Grocery store coupons is restricted to a specific grocery store and has no value outside.
Food stamp is not generally acceptable outside the designated points.
