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nignag [31]
2 years ago
7

When inventory increases, which costing method generally results in higher net income?.

Business
1 answer:
likoan [24]2 years ago
3 0

Answer: Income is higher under absorption costing by $15,000. This is consistent with a general rule of thumb: Increases in inventory cause income to be higher under absorption costing than under variable costing, and vice versa.

Explanation:

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Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more po
Dmitry_Shevchenko [17]

Answer:

The options for this question are the following:

a. reason for purchase

b. buyer mood or condition

c. social surroundings

d. time considerations

e. physical surroundings

The correct answer is c. social surroundings.

Explanation:

The social surroundings of a subject is formed by their living and working conditions, the studies they have completed, their level of income and the community of which they are a part. Each of these factors influences the health of the individual: therefore, globally, differences between the social environments of different countries create disparities in health.

In this way, life expectancy and disease rates vary according to the education the person has received, the type of work they do and the income they receive month by month.

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7 0
4 years ago
You own 50 shares of Auto Corporation that you purchased for $30 a share. The stock is currently selling for $50 a share, and yo
timofeeve [1]

Answer: 50%

Explanation:

Purchasing price for each share = $30

Stop loss order placed at $45 for each share.

If the stock price drops to $35, the benefit earned = $ (45-30)= $15

Now, the return on this investment = (benefit earned) ÷(Purchasing price)x 100%

= (15)÷(30)x100%

= 0.5 x 100%

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3 0
4 years ago
How do aggregate demand and aggregate supply differ from regular demand and supply?
o-na [289]

Answer:

A. Regular demand and supply describe the market for a single good, while aggregate demand and aggregate supply describe the combined market for all final goods and services

Explanation:

Aggregate demand measures the total demand for all finished goods and services produced in a country.

Aggregate supply is the sum of all goods and services firms are willing to supply at a given price

Demand is the amount of a good consumers is willing and able to buy at a particular price

Supply is the amount of a particular good suppliers is willing to sell at a particular price.

5 0
3 years ago
Bank A has checkable deposits of $10 million and total reserves of $1 million. The required reserve ratio is 9 percent. The bank
Vadim26 [7]

Answer:

The bank has excess reserves of $100,000.

Explanation:

The deposits here are $10 million.

The required reserve ratio is 9%.

The required reserve will be,

=reserve ratio*total deposits

=9/100*$10,000,000

=$900,000

Here, the required reserve is $900,000.

So, the excess reserve will be,

=total reserve - required reserve

=$(1,000,000-900,000)

=$100,000

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4 years ago
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