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jenyasd209 [6]
3 years ago
6

Which of the statements below is correct regarding the difference between a temporary account and a permanent account?

Business
1 answer:
alisha [4.7K]3 years ago
3 0

Answer:A temporary account will not appear on a post-closing trial balance.

Explanation:

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Total spending in an economy is the sum of: personal consumption plus gross private investment plus government spending plus net
vichka [17]

Answer:

The correct answer is personal consumption plus gross private investment plus government spending plus net exports.

Explanation:

Total spending in an economy is the sum of personal consumption plus gross private investment plus government spending plus net exports.

Personal consumption expenditure is spending by consumers on goods and services. Gross private investment is the expenditure by the businesses.  

Government spending is the expenses incurred by the government. Net exports are the amount spend on the purchase of goods and services from abroad.

All these together make total spending in an economy.

6 0
3 years ago
Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order
Delicious77 [7]

Answer:

1. The throughput time is 9 days

2. The MCE is 0.30

3. 70% of the throughput time was spent on non-value added activities.

4. The delivery cycle time is 23 days

5. The New MCE is 67.5%

Explanation:

1. To calculate the throughput time we would have to use to make the following calculation:

throughput time=process time+inspection time+movie time+queue time

throughput time=2.7+0.3+1+5

throughput time=9 days

2. To calculate the MCE we would have to use to make the following calculation:

MCE=value added time/throughput time

MCE=2.7/9=0.30

3. MCE is 30% which means that out of the total throughput time, time spent on value added activities was 30%. Thus it means that 70% of the throughput time was spent on non-value added activities.

4. To calculate the delivery cycle time we would have to use to make the following calculation:

delivery cycle time=wait time+throughput time

delivery cycle time=14+9=23 days

5. To calculate the new MCE we would have to use to make the following calculation:

New MCE=value added time/throughput time

New MCE=2.7/4

New MCE=67.5%

3 0
3 years ago
The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standa
Arlecino [84]

Answer:

Price variance will be $4512.5 ( Unfavorable )

Explanation:

We have given standard material cost per yard = $2

Actual material cost per yard = $2.10

Standard yards per unit = 4.5

And actual yards per unit = 4.75

Units of production = 9500

Total number of actual quantity used = 9500×4.75 = 45125

So direct material price variance = ( standard price - actual price ) × actual quantity used = ( $2 - $2.1 ) × 45125 = -$4512.5

So price variance will be $4512.5 ( Unfavorable )

6 0
3 years ago
The central bank of the country Iberia recently announced a reduction in the interest rate by 150 basis points. Following this a
dmitriy555 [2]

Answer: (D.) The Iberian economy is going through a period of deflation.

Explanation:

Real interest rate can be denoted using the following formula. i.e.,

Real interest rate = Nominal Interest rate - Inflation.

∴ In this particular case the Real interest rate will rise only if the economy is going through a period of deflation and deflation rate is larger than fall in interest rate.

4 0
3 years ago
what is nfo? a new fund offer (nfo) is a first-time subscription offer for a new scheme that has been launched by an asset manag
shtirl [24]

A new fund offer (NFO) is the first-time subscription offer for a new scheme launched by asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market.

In economic accounting, an asset is any aid owned or managed by using a business or an economic entity. It is whatever (tangible or intangible) may be used to produce a fine monetary fee. Belongings represent the price of ownership that can be transformed into cash (even though coins itself is also considered an asset). The stability sheet of a firm records the financial price of the property owned by that firm. It covers money and other valuables belonging to a person or to an enterprise. Belongings may be grouped into two essential lessons: tangible property and intangible belongings. Tangible property includes numerous subclasses, consisting of modern-day property and fixed property. present-day assets encompass coins, stock, and accounts receivable, while constant assets consist of land, buildings, and gadget. Intangible belongings are non-bodily resources and rights that have value to the firm because they give the firm an advantage inside the market. Intangible belongings include goodwill, copyrights, emblems, patents, laptop applications, and economic property, consisting of economic investments, bonds, and shares.

Learn more about asset here

brainly.com/question/25746199

#SPJ4

3 0
1 year ago
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