according to adam smith, the process that turns self-directed gain into social and economic benefits for all is the

Your boss forwards you an email with a link to a vendor who sells email lists of industry contacts. he asks if you're interested

klemol [59]

You should report the vendor for fraud and your boss for association with the vendor.

5 0

3 years ago

Millner Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pool Total

ryzh [129]

Answer:

Activity rate = $176 per hour

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.

Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.

Activity rate per driver is calculated as:

Activity overhead for the period / Total cost drivers for the period Designing products activity cost pool= designing cost /product design hours

= $1372,448/7,798 hours

= $176 per hour

4 0

3 years ago

Prepare journal entries to record the following four separate issuances of stock.

m_a_m_a [10]

Answer: PLease find answers in explanation column

Explanation:

1. Being issued for common stock at $20 par value

Account Debit Credit

Cash $96,000

Common stock at $20 par value (4000 x 20) $80,000

Paid in excess capital of par Common stock $16,000

($96,000 - $80,000)

2. Being issued for stated stock at $1 to promoters

Account Debit Credit

0rganisation expenses $20,500

Common stock at $1 stated value (2000 x 1) $2,000

Paid in excess capital of par Common stock

($20,500 - $2,000 $18,500

3. Being issued to promoters at no stated value

Account Debit Credit

Organization expenses $20,500

Common stock, no-par value $20,500

4. Being issued at preferred stock of $50 par value

Account Debit Credit

Cash $242,500

Preferred stock at $50 par value (1000 x 50) $50,000

Paid in excess capital of par Preferred stock

($242,500 - $50,000) $192,500

6 0

3 years ago

The economy of Baruchville contains 2000 $1 bills. 1. If people hold all money as currency, what is the quantity of money? 2. If

julia-pushkina [17]

Answer:

a) $2000

b) $2000

c) $2000

d) $20000

e) $11000

Explanation:

a) If people hold all money as currency:

Quantity of money = 2000 × $1 bills = $2000

b) If people hold all money as demand deposits and banks maintain 100% reserves:

Quantity of money = 2000 × $1 bills = $2000

c) If people hold equal amounts of currency and demand deposits and banks maintain 100% reserves

Since they are 2000 $1 bills and people hold equal amounts of currency and demand deposits and banks maintain 100% reserves, the 2000 $1 bills would be divided into two parts, one part for demand deposits and the other part for currency.

Therefore, demand deposits = 1000 × $1 bill = $1000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposits = $1000 + $1000 = $2000

d) If people hold all money as demand deposits and banks maintain a reserve ratio of 10%.

Reserve ratio (r) = 10% = 0.1

Since people hold all money as demand deposits:

Therefore, demand deposits = 2000 × $1 bill × 1/r = $2000 × 1/0.1 = $20000

Quantity of money = Demand deposits × 1/r = $2000 × 1/0.1 = $20000

e) . If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 10%

Reserve ratio (r) = 10% = 0.1

Since they are 2000 $1 bills and people hold equal amounts of currency and demand deposits and banks maintain 100% reserves, the 2000 $1 bills would be divided into two parts, one part for demand deposits and the other part for currency.

Therefore, demand deposits = 1000 × $1 bill × 1/r = $1000 × 1/0.1 = $10000

Currency = 1000 × $1 bill = $1000

Quantity of money = Currency + demand deposit = $1000 + $10000 = $11000

6 0

4 years ago

As users rely more heavily on information systems to perform their jobs, they are likely to request even more it services and su

Grace [21]

It’s true sure

Activities performed by people firms or government agencies to satisfy economic wants

The answer is ( a. True )

I hope that the answer is correct ☺️

7 0

3 years ago