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Andre45 [30]
3 years ago
12

Which choice is the best reason savings accounts are usually NOT the best

Business
2 answers:
lana [24]3 years ago
5 0
The correct answer is C
serg [7]3 years ago
3 0

Answer:

The answer is C

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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Tpy6a [65]

The net operating income as per the variable costing method is $14500

<u>Explanation:</u>

The unit product cost is = $18 + $10 + $4 = $32

Sales revenue ( $78 multiply with 8700 units) = $678600

Variable cost:

Variable cost of goods sold ( 8700 units multiply $32) = $278400

Variable selling and administartive (8700 units multiply $5) = $43500

contribution margin = $356700

fixed manufacturing overhead = $255200

Fixed selling and adminstrative expenses = $87000

Net operating income = $14500

<u>Note:</u> contribution margin is calculated after deducting sales revenue with variable cost

8 0
3 years ago
Ralph purchased 4 tires for his van for $539.16. What is the price per tire?
Dimas [21]
Each tire is worth $134.79 :)
5 0
2 years ago
Read 2 more answers
Baldwin Company incurred and recorded an expense for material costs that have not yet been paid as of year-end. On the balance s
Tema [17]

Answer:

It will be reported as accrued expenses (c)

Explanation:

Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.

Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.

4 0
2 years ago
Help please!!!! will mark brainlest!!
alina1380 [7]
Answer:

For centuries the guideline for business transactions was the Latin term “caveat emptor” (let the buyer beware). This principle suggests that the seller is not responsible for the buyer’s welfare. In other words such principle gives the buyer the sole responsibility for checking the quality and suitability of the goods that he is buying from the seller before making a final purchase.
6 0
2 years ago
This service allows you to pay at a point of sale and accesses funds in the bank but usually does not charge you a fee:
satela [25.4K]

Answer:

A debit card

Explanation:

A debit card allows customers to make electronic payments using the funds at their bank accounts. If the customer does not have sufficient funds in their bank accounts, the transaction won't go through.

A debit card is similar to a credit card in appearance. However,  a debit card does not levy interest fees or late payment fees because it's not a credit facility.

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2 years ago
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