Yes, because Ray investing in two different saving bonds is basically diversification.
Answer:
D. $55,000
Explanation:
Sales = 250,000
Gross Profit = 250,000 x 40% = 100,000
Cost of goods sold = 250,000 - 100,000 = 150,000
Cost of good sold = Opening Inventory + Purchases - Closing Inventory
150,000 = 35,000 + 200,000 - Closing Inventory
150,000 = 235,000 - Closing Inventory
Closing Inventory = 235,000 - 150,000
Closing Inventory = 85,000
Inventory damaged by flood = 85,000 - 30,000 = 55,000
4(x + 1)
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Answer: 1. STATEMENT 1
2. It has achieved efficiency.
Explanation:
1. The students who will pay for them at that price will receive the vaccines if the university health center sell them for this price. In this case the theory of free market comes into play, those who have the money will get the resources.
2. The free market theory helps to establish efficiency. If the resources were to be distributed for free the demand will exceed supply resulting in inefficient use of resources.
Answer: Spontaneous debt financing plus bank loans plus owners investment plus retained earnings.
Explanation: It is the general rule in accounting that assets of any business entity will always be equal to the capital invested from different sources and the liabilities taken over by the business for funds. Debt, owners equity and retained earnings are a source of capital whereas bank loans is a liability .
