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Elenna [48]
2 years ago
13

Your friend, Alicia, is a graduating senior about to head to college in the fall. Alicia has a single checking account and is ea

ger to open a savings account. After reading this article, she is inspired to open up multiple savings accounts to work towards her goals. Do you think it’s a good idea for Alicia to do so? Why or why not?
Business
1 answer:
kvv77 [185]2 years ago
6 0

Answer:

It is good

Explanation:

Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.

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acc 340 Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units tha
LenaWriter [7]

Answer:

$113,700

Explanation:

Last in first out (LIFO) is an inventory management method, in which the cost of the most recent product bought are the first to be charged to expenses.

With regards to the above question, we'll have;

Inventory sold = (12,000 × $13.5) + (900 × $13) = $173,700

Ending inventory = [7,200 × $12] + [(3,000 - 900) × $13]

Ending inventory = $86,400 + $27,300

Ending inventory = $113,700

Therefore, the ending inventory using LIFO is $113,700

8 0
2 years ago
_____ offer goods to business customers. These business customers are too small to merit a sales call from the distributor s rep
Neporo4naja [7]
The answer is D. Cash and carry wholesalers

This type of business usually doesn't need to make any sales call because customers usually come, pay, and carry the product by themselves

Example of cash and carry wholesalers : Walmart , Carefour, Lotte, 
5 0
3 years ago
Pension Plan Entries Yuri Co. operates a chain of gift shops. The company maintains a defined contribution pension plan for its
Andrej [43]

Answer:

December 31

Dr Pension expense $182,100

Cr Unfunded pension Liabiltiy $182,100

January 15

Dr Unfunded pension Liabiltiy $182,100

Cr Cash $182,100

Explanation:

Preparation of the entry to record the accrued pension liability payment to the funding agent on January 15

December 31

Dr Pension expense $182,100

Cr Unfunded pension Liabiltiy $182,100

(Being to record quarterly pension Liabiltiy)

January 15

Dr Unfunded pension Liabiltiy $182,100

Cr Cash $182,100

( Being to record the accrued pension liability payment to the funding agent)

5 0
2 years ago
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,000 of raw materials on credit
neonofarm [45]

Answer:

$14,000 under applied

Explanation:

Given that

Material production = $203,000

Application rate = 150%

The computation of amount of overhead is shown below:-

Overhead = Material production × Application rate

= $203,000 - ($126,000 × 1.5)

= $203,000 - $189,000

= $14,000 under applied

Therefore, for computing the overhead we simply multiply the material production with application rate percentage.

3 0
2 years ago
Making selection decisions by subjectively combining sources of information according to the general impression of the hiring sp
adelina 88 [10]
This is often referred to as the clinical approach. The clinical approach is also known as the threshold approach to clinical decision making. This approach combines rational and quantitative information with a general approach to decision making. In this situation, say you were hiring a new employee, a person using the clinical approach would look at their resume in how they match up with numbers and on paper to the candidate their looking for but also who they are as a person in a general sense. 
7 0
2 years ago
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