The variable cost of Fender producing 5,000 guitars per year is $40,000.
The variable cost of Fender producing 5,000 guitars per year can be calculated by subtracting the fixed cost of $250,000 from the total cost of $90 per guitar multiplied by the number of guitars produced, or 5,000.
Variable cost = Total cost - Fixed cost
= (5000 x $90) - $250,000
= $40,000
Therefore, the variable cost of producing 5,000 guitars per year is $400,000. This is the cost of the materials and labor associated with producing the guitars. It does not include fixed costs such as rent, insurance, and other overhead expenses.
For more questions like Variable cost click the link below:
https://brainly.com/question/27992978
#SPJ4
In your own words, explain the difference between stocks and bonds.
Answer:
Stocks give you partial ownership/percentage of the company lets say McDonald's or something. while bonds are a loan from you to the company like a bank.
Explanation:
how do companies decide on the interest rates set on their bond? does it differ based on maturity length and market conditions?
Companies decide on the interest rates set on their bond by market forces of supply and demand.
Does it differ based on maturity length and market conditions?
The longer the bond's maturity, the greater the risk that the bond's value will be affected by changes in interest rates prior to maturity, which can adversely affect the bond's price.
What determines interest rates on government bonds?
The central bank is responsible for setting the country's short-term interest rates, but cannot control long-term interest rates. Instead, it is market forces of supply and demand that drive long-term bond prices. This determines the direction of long-term interest rates.
How are interest rates determined or set?
Interest rates are determined in a free market where demand and supply interact. The supply of funds is influenced by the willingness of consumers, businesses and governments to save. Financial demand reflects the desire of businesses, households and governments to spend more than they will accept.
Learn more about interest rates on bond :
brainly.com/question/28147772
#SPJ4
textile prices in indonesia increased substantially that year. b. the textile industry received more grants from the government this year than the previous year. c. other major indonesian industries reported greater increases in production value than those reported by the indonesian textile industry.
Other major Indonesian industries reported greater increases in the production value than those reported by Indonesian textile industry best explains this outcome.
What is textile industry?The design, manufacture, and distribution of yarn, cloth, and apparel are the primary concerns of the textile business. Natural or synthetic raw materials made utilizing chemicals are also acceptable. The only sector in India that has historically produced significant employment for both skilled and unskilled labor in the textile industry is agriculture. The second-largest sector in India that creates jobs is still the textile industry. Over 35 million people in the nation can get direct job thanks to it. India leads the world in jute production and holds 63% of the market for textiles and clothing. India ranks second in the world for both silk and cotton production as well as textile manufacture. The textile sector automatically accepts 100% FDI.
To learn more about employment, visit:
https://brainly.com/question/17459074
#SPJ4
Complete Question:
The textile industry in Indonesia has traditionally been one of the largest employers in the manufacturing sector. Increased production levels in this industry during the first three quarters this year led industry experts to believe that the industry's contribution to Indonesia's GDP would also increase. However, at the end of the year it was seen that the percentage of Indonesia's GDP that came from the textile industry actually declined. Which of the following, if true, would best explain this outcome?
A. The textile industry's production during the fourth quarter was remarkably high.
B. Textile prices in Indonesia increased substantially that year.
C. The textile industry received more grants from the government this year than the previous year.
D. Workers from other manufacturing sectors shifted to the textile industry because it paid higher wages and offered better working conditions.
E. Other major Indonesian industries reported greater increases in production value than those reported by the Indonesian textile industry.
critical incident stress debriefing had been mandatory for certain people who work with trauma; based on the evidence presented in your text, what would you recommend to police and fire departments about requiring cisd for all employees?
It is intended to lessen the effects of traumatic stress, despair, and anxiety by assisting people in processing the event.
What is meant by intended?to consider anything as something that should be done or accomplished; plan: In a month, we want to go. to plan or intend for a specific use, recipient, goal, etc. a reserve set up solely for emergencies. to intend to convey or communicate, as through speech; refer to
Intended mean planned, right?You have made the decision or planned to do something if you intend to do it. Something has been designed to accomplish a specific goal if it is intended for that goal. When something is intended for a certain individual, it has been thought out to be used by them or to have some sort of effect on them.
To know more about intended visit:
https://brainly.com/question/27717012
#SPJ4
Under the federal income tax withholding law, which of the following is not defined as a Oa. Secretary employed by a not-for-profit corporation b. Partner who draws compensation for services rendered the partnership An employee who is first paid wages in 2020 and fails to furnish a Form W-4 wil True O False
In a legal context, withholding refers to the practice of taking money from someone's income, such as wages or dividends, and federal income tax deducting it by a certain amount or percentage determined by the law.
Employment taxes must be withheld from employees by law-abiding employers. Federal income tax withholding, Social Security and Medicare taxes are all included in employment taxes. The amount of federal tax withholding to be withheld every pay period is calculated by dividing the tax amount by the number of pay periods in a year. Even if an employer, business leader, director, or other person with business responsibility did not realize they were required to collect and pay employment taxes, the IRS may nevertheless impose a civil penalty if they believe they should have known.
To learn more about federal income tax click the link below:
brainly.com/question/2733100
#SPJ4
ferry creek company's (fcc) march 31 bank statement balance was $142,000. as of march 31, outstanding checks total $44,800 and deposits in transit total $30,400. assuming there are no other reconciling items, what was the march 31 cash balance on fcc's books?
Assuming there are no other reconciling items, what was the march
= 97000-31400+46800 i.e 112400
In accounting, reconciliation is the system of making sure that two sets of records (usually the balances of accounts) are in settlement. Reconciliation is used to make certain that the money leaving an account matches the actual money spent. this is accomplished through making sure the balances healthy on the cease of a particular accounting length. the subsequent definitions are given through the Oxford Dictionary of Accounting. i) “A technique for confirming that the balance in a chequebook matches the corresponding bank announcement. this is usually done by means of preparing a bank reconciliation declaration. ii) A system for confirming the reliability of a business enterprise’s accounting statistics by way of frequently comparing [balances of transactions]. An account reconciliation can be organized on a day by day, monthly, or annual foundation.”
Learn more about reconciling here
https://brainly.com/question/28095004
#SPJ4
Assume GDP was $19.5 trillion in a recent year (2022). It was $19.0 trillion the year before (2021).
What was the economic growth rate?
The economic growth rate, given the GDP in the past year and the current GDP, is 2. 63 %
How to find the economic growth rate ?A country's economic growth rate is the difference in value, expressed as a percentage, between all the products and services produced during a given time period and those produced earlier in the same time period. The comparative health of an economy over time is assessed using its growth rate.
To find the economic growth rate, the formula is :
= (Current Gross domestic product - Past gross domestic product ) / Past gross domestic product x 100 %
= ( 19 . 5 trillion - 19 . 0 trillion ) / 19. 0 trillion x 100 %
= 0. 5 trillion / 19 trillion x 100 %
= 0. 0263 x 100 %
= 2. 63 %
Find out more on economic growth rate at https://brainly.com/question/1690575
#SPJ1
alex expects the inflation rate to be 4%. if alex borrows money at a nominal interest rate of 5%, his real interest rate is:
Alex expects the inflation rate to be 4%. if alex borrows money at a nominal interest rate of 5%, his real interest rate is 1%.
If the nominal interest rate is 5% and the
inflation rate is 4%, then the real interest
rate will be 1%. f the inflation rate is
expected to increase to 4% (a 2% increase),
banks will usually increase their nominal
interest rate in the same proportion (a 2%
increase) so the new nominal interest rate
would be 8%. This is done in order to keep
the real interest rate stable.
Alex expects the inflation rate to be 4%. if alex borrows money at a nominal interest rate of 5%, his real interest rate is 1%.
To know more about Inflation rate visit:
https://brainly.com/question/13308786
#SPJ4
one characteristic of a sole proprietorship that owners like is a. its greater flexibility. b. the ease of transferring the business to other family members. c. its perpetual existence. d. its limited liability.
One characteristic of a sole proprietorship that owners like is its limited liability.
According to this option d) is correct answer.
What kind of company is a single proprietorship?
A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole owner.
Which is preferable, a single proprietorship or an LLC?
One of the key advantages of this business structure is that LLCs often offer more personal liability protection than sole proprietorships. In an LLC, the owner is only individually responsible for the amount they contributed to the business.
To know more about sole proprietorship visit:
https://brainly.com/question/1428023
#SPJ4
suppose we observe that the outcome of the game is one in which each company earns a profit of $10 million. this outcome a. is the result of cooperation between the two companies, and we know that a cooperative outcome is difficult in a game such as this one. b. is the result of cooperation between the two companies, and we know that a cooperative outcome is easy in a game such as this one. c. is the most likely outcome of the game, regardless of whether the two companies cooperate. d. is the result of each company pursuing its dominant strategy.
Suppose we observe that the outcome of the game is one in which each company earns a profit of $10 million. This outcome is the result of cooperation between the two companies, and we know that a cooperative outcome is difficult in a game such as this one.
A game is a formalised kind of play that is frequently done for amusement or enjoyment but may also serve as a teaching tool. There are several games that are also regarded as works of art. Games are occasionally played solely for amusement, but they are also occasionally played for success or reward.
They can be played by beginners and pros alike, either alone, in teams, or online. Non-players may be in the audience when the participants are competing, like when spectators enjoy watching a chess match. As they wait their turn to play, though, game participants could act as their own audience.
Hence the correct option is A.
To know more about Game here-
https://brainly.com/question/3863314
#SPJ4
two-year treasury securities yield 4.15%. the market anticipates that 1 year from now, 1-year treasury securities will yield 3.0%. if the pure expectations theory is correct, what is the yield today for 1-year treasury securities?
The yield today for one year treasury securities is 3.59%
Define Pure Expectation Theory.According to the "pure" expectations hypothesis (PEH), all investment strategies with the same horizon should have expected returns that are equal in equilibrium.
As per pure expectation theory, future rates are nothing but a representation of future short term rate of interest.
n = 1 years
r1 = 4.15%
r2 = 3.0%
Thus, (1+r2,0)^2 = (1+r1,0)^1 * (1+r1,1)^1
(1+r2,0)^2 = (1+0.0415)^1 * (1+0.03)^1
(1+r2,0)^2 = 1.0415 * 1.03 = 1.073
1+r2,0= 1.0359
r2,0 = 0.0359 = 3.59%
Therefore the yield today for one year treasury securities is 3.59%
To know more about Pure expectation theory, visit:
https://brainly.com/question/14845474
#SPJ4
then, select one example of a major wildfire that has taken place in the last 20 years. discuss the source and remediation efforts made when it occurred. discuss whether you think that the wildfire could have been prevented or whether its impacts could have been reduced through management practices.
Of the 1.5 million wildfires which have happened in view that 2000, 237 handed 100,000 acres burned, and 15 surpassed 500,000 acres burned. simplest a small fraction of wildfires come to be catastrophic, and a small percentage of fires bills for the significant majority of acres burned.
Mosquito hearth, California's biggest wildfire of 2022, grows to one hundred square miles and hundreds evacuated. California crews endured struggling with the kingdom's largest wildfire of 2022 on Thursday in spite of a setback in containment levels. The Mosquito fire ignited on Sept.
The 2022 California wildfire season is an ongoing series of wildfires burning in the U.S. country of California. As of 14 November 2022, a complete of seven,329 fires were recorded, totaling approximately 362,403 acres (146,659 hectares) across the nation.
Learn more about wildfires here
https://brainly.com/question/19910663
#SPJ4
which of the following statements regarding the investment advisers act of 1940 and the adviser's brochure is correct? a) each client must receive the brochure no later than 48 hours after entering into the advisory contract. b) annual delivery of a summary of material changes relieves the adviser of the obligation to deliver a brochure. c) each client must receive the brochure no later than the entry into the advisory contract. d) advisers must deliver the brochure to clients for whom they offer impersonal advisory service only when the annual charge does not reach $500.
Each client must receive the brochure no later than the entering into the advisory contract.
When must a current investment adviser client receive an updated brochure?According to the brochure rule, new clients must receive the necessary information at least 48 hours before signing an advice contract. Advisors must annually distribute a new brochure to their current clients. The failure to deliver the brochure is seen as fraudulent activity.
What main objective did the Investment Advisers Act of 1940 serve?The Investment Advisers Act (IAA) was created in 1940 to regulate persons who, in exchange for payment, offer investment advice to individuals, pension funds, and organizations.
Learn more about Investment Advisers Act here:
https://brainly.com/question/14311679
#SPJ4
when the regulator sets a price that a firm cannot exceed over the next few years what are they enforcing
When the regulator sets a price that a firm cannot exceed over the next few years what are they enforcing price cap regulation.
Is a price ceiling a price limit regulation?
Under PC regulation, a regulatory agency establishes price caps below which the regulated firm is free to set its own rates. Price indices defined for one or more baskets of services selected by the regulator are used to calculate the "caps."
What does "price cap" mean?
A maximum price for each kilowatt hour of energy that consumers may be charged by energy suppliers is established by the energy price cap. How much energy you use will determine how much you spend.
To know more about price cap, click here- brainly.com/question/17329496
#SPJ4
Which of the following is true for the national income of a country?1. NNP at market prices - Net indirect taxes2. GNP at market prices - Net indirect taxes3. GNP at market prices + Net indirect taxes 4. NNP at market prices + Net indirect taxes
The right reply is the alternative 1, i.e NNP at market fees – Net indirect taxes.
Is countrywide earnings NNP or GNP?Gross national product, or GNP, consists of what is produced domestically and what is produced through home labor and commercial enterprise abroad in a year. National earnings includes all income earned: wages, profits, rent, and income income. Net national product, or NNP, is GNP minus depreciation.
National Income is defined as the total monetary fee of all items and services produced inside a u . s . a . for the duration of a given length of time. It is an essential indicator of the monetary things to do that are taking place within a nation.
Learn more about NNP and GNP here:
https://brainly.com/question/14929669#SPJ4Which of the following refers to concept of economic growth Mcq? A. Increase in per capita production B. Increase in per capita real income C. Structural Change in the economy D. All of the above
An increase in the amount of goods and services produced per head of the population over a period of time is called economic growth.
Which four production factors are there?The materials employed in the manufacturing of a good or service in order to generate revenue are referred to as the factors of production. Land, labor, capital, and entrepreneurship are considered the four main components of production by economists. These can be viewed as the foundational elements of an economy.
What does economic production look like?Making cars is an illustration of production. Parts are assembled to create cars. For instance, metal bodywork with rubber tires are fitted with seats before the automobile rolls off the assembly line.
To know more about Production visit:
https://brainly.com/question/22852400
#SPJ4
a firm sells two products. product a sells for $100; its variable cost is $40. product b sells for $150; its variable cost is $75. product a accounts for 70 percent of the firm's sales, while b accounts for 30 percent. the firm's fixed costs are $1 million annually. assume the firm operates 300 days per year. how many dollars of sales does the firm need to generate per day to break even? group of answer choices $2,325,581 $1,754,386 $7,752 $5,848 $3,333
The firm's fixed costs are $1 million annually. The firm needs to generate D) $5,848 of sales per day to break even.
In accounting and economics, 'constant charges', additionally referred to as oblique charges or overhead expenses, are enterprise fees that aren't depending on the extent of products or offerings produced by using the commercial enterprise. They have a tendency to be habitual, together with interest or rent being paid in line with the month. Those charges also tend to be capital fees.
Examples of fixed prices are lease and lease expenses, salaries, utility bills, insurance, and loan repayments. some kinds of taxes, like commercial enterprise licenses, are also fixed fees.
Learn more about fixed costs here https://brainly.com/question/3636923
#SPJ4
An example of positive analysis is studying:
A. if income distributions are fair.
B. whether equilibrium outcomes are fair.
C. how market forces produce equilibrium.
D. whether equilibrium outcomes are socially desirable.
The correct answer is C. how market forces produce equilibrium. therefore the correct option is (C) option.
Long-term trends and short-term volatility are both influenced by four main causes. These elements include the government, global trade, speculative expectations, and supply and demand. In a free market economy, market forces develop organically and are managed by government action. When there is a shortage of crude oil, the price rises as a result of market forces at work. There are several causes for these shortages. According to Roland Rust of Maryland Smith, three key forces—technological, social, and geopolitical—are fundamentally changing what we know about marketing.
To learn more about market forces click the link below:
brainly.com/question/14493704
#SPJ4
after the state government of connecticut changed discount rate from 8 percent to 6.9 percent for state employees' retirement fund in 2016, pension liability had increased by 6.5 billion dollars. why is that?
The pension format and the government that created the pension design is obligated to pay the advantages it has promised, as a consequence these promises are liabilities.
And when a pension fund has a shortfall in assets, there is an unfunded liability.
Are pension liabilities on balance sheet?If the corporation chooses to bear the pension commitments on its own, a pension legal responsibility is mentioned on the stability sheet. The pension legal responsibility ought to be said as a provision on the stability sheet below Provisions for pensions and similar obligations.
Why is pension a liability?The liabilities consist mainly of the reserves that pension dollars have put aside to fulfil their future price tasks towards policyholders. Liabilities also include pension funds' equity, loans acquired and other financial obligations. The belongings show the investments of the paid premiums and different liabilities.
Learn more about pension liability here:
https://brainly.com/question/24077611#SPJ4The type of unemployment most likely to result in hardship for the people who are unemployed is:
A) cyclical because people have to wait for a recession to end.
B) structural because this type of unemployment requires retraining to acquire new job skills.
C) cyclical and frictional because these two types are closely related.
D) frictional because people need to find a new job in the lab market.
The structural unemployment will most likely result in hardship for the people who are under unemployment. Therefore, the option B holds true.
Structural unemployment can be referred to or considered as the type of unemployment wherein the people are facing the heat of being unemployed due to the lack of skills required for pursuing a desired job. This phase of unemployment focuses on training and teaching the new skills to the employees, and as a result of the same, the structural unemployment happens.
Learn more about structural unemployment here:
https://brainly.com/question/13192140
#SPJ4
what nominal annual rate is equivalent to an effective rate of 16% per year, compounded semi-annually? (hint: find the effective semi-annual rate, and then find the nominal annual rate.)
The effective rate of 16% per year, compounded semi-annually, is equivalent to a nominal annual rate of 15.38%. To find the nominal annual rate, we need to calculate the effective semi-annual rate. The effective semi-annual rate is 16%/2 = 8%.
The nominal annual rate is then (1+8%)^2 - 1 = 15.36%. To find the nominal annual rate, we first found the effective semi-annual rate by dividing the effective annual rate by two. We then used the formula (1+r)^n - 1, where r is the effective semi-annual rate and n is the number of times compounded per year, to calculate the nominal annual rate. The nominal annual rate is therefore 15.36%.
To know more about nominal annual rate click here
https://brainly.com/question/6026546
#SPJ4
in the process of implementing the balanced scorecard approach at his company, operations manager seth howard wonders whether internal activities and processes add value for customers and shareholders. this involves which dimension of the balanced scorecard?
This involves Internal business processes dimension of the balanced scorecard.
What is a Balanced Scorecard (BSC)?
A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organizations. In order to provide quantitative results, data collecting is essential because managers and executives must acquire and analyze the data. The decision-making of company personnel for the future of their organizations can be improved with the help of this knowledge.
To know more about balanced scorecard refer:
https://brainly.com/question/25645358
#SPJ4
in the short run, if the fed wants to raise the federal funds rate, it
The choice (i) is correct. The Federal Reserve raises borrowing costs in order to reduce the economy's money supply. Therefore, the Fed advises selling government securities on the open market, which removes market liquidity and reduces the money supply.
The Federal Reserve oversees the economy and makes decisions based on various economic cycles and fluctuations. In this case, the Fed employs monetary policy.
What exactly does the Federal Reserve do?In order to support a robust economy for U.S. households, communities, and businesses, the Federal Reserve keeps an eye on the risks to the financial system and participates both domestically and internationally.
To learn more about Federal Reserve here
https://brainly.com/question/23247429
#SPJ4
Full Question = In the short run, if the Fed wants to raise the federal funds rate, it:
(i) instructs the New York Fed to sell government securities in the open market.
(ii) instructs the New York Fed to sell government securities in the foreign exchange market.
(iii) instructs the New York Fed to buy government securities in the open market.
(iv) instructs large commercial banks to sell government securities in the open market.
(v) tells large commercial banks to raise their interest rates.
no-carb pasta corp. is exporting for the first time to south america and has contracted with good foods imports in brazil for an initial order valued at $75,000. no-carb pasta corp. wants good foods imports to secure a document from a brazilian bank that indicates the bank will pay no-carb pasta corp. $75,000 upon presentation of specified documents by the exporter. what document is no-carb pasta corp. asking for?
No-Carb Pasta Corp. is asking for a Document of Payment on Demand (DPOD) from a Brazilian bank.
The Document of Payment on Demand is a legally binding document that states that the bank will pay the exporter, No-Carb Pasta Corp., an amount of money – in this case, $75,000 – upon presentation of specified documents.
It is usually used in international transactions where the exporter needs assurance that payment will be made after the goods have been shipped.
The Document of Payment on Demand (DPOD) will also specify the date by which payment will be made and the documents that must be presented for payment.
To know more about DPOD here
https://brainly.com/question/29310947
#SPJ4
hich of the following is true of venture capital?
On average, venture capital investors seek a return on their investment in about five years.
Venture capital is comparable to a bank loan, which must be repaid over time.
One way venture capitalists evaluate potential investments is by analyzing a company's share price.
Venture capitalists reserve the right to sell their portion of company shares before an IPO.
On average, venture capital investors seek a return on their investment in about five years.
A form of private equity financing known as venture capital (VC) is given by venture capital funds or organizations to startups, early-stage, and developing businesses that have been identified as having a high growth potential or that have already shown a high growth rate (in terms of number of employees, annual revenue, scale of operations, etc). These early-stage businesses are funded by venture capital firms or funds in exchange for equity, or ownership stakes. In the hopes that some of the businesses they support will succeed, venture capitalists take on the risk of financing hazardous start-ups. VC investments frequently fail because startups confront significant levels of uncertainty.
learn more about venture capital here
https://brainly.com/question/28462236
#SPJ4
resource allocation involves a. the addition of more of an overloaded resource to maintain the schedule of an activity. b. the assignment of resources to the most important activities. c. reducing the peaks and valleys in resource needs by shifting the schedules of conflicting activities. d. moving activities to avoid violating resource constraints
The best way to make the most of limited resources and get the best return on investment is to balance competing needs and priorities when allocating resources.
What are the three options for allocating resources?
Level 1: putting healthcare ahead of other social needs when allocating resources. Level 2: allocation of healthcare sector resources. Level 3: distributing resources between distinct patients.
What are the five ways resources can be distributed?
Common approaches include barter, rationing, markets, lotteries, and income redistribution. distribute limited resources.
Which four phases of resource planning are involved?
Find the necessary resources.Obtain resources.Control your assets.Limit the use of resources.To learn more about allocating resources here
https://brainly.com/question/17837067
#SPJ4
in a fractional reserve banking system select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a bank panics cannot occur. b the monetary system must be backed by gold. c banks can create money through the lending process. d the federal reserve has no control over the amount of money in circulation.
Option c is correct. In a fractional reserve banking system banks can create money through the lending process.
In a system known as fractional reserve banking, only a portion of bank deposits are guaranteed by actual cash that is on hand and accessible for withdrawal. The idea behind this is to hypothetically boost the economy by making funds available for lending. Fractional reserve banking is used by the financial systems of the majority of economies today.
A technique known as "fractional reserve banking" allows banks to loan out a portion of the deposits that are listed on their balance sheets.
Banks are not required to maintain all of the cash that depositors give them on hand, but they are required to keep a specific portion of it.
Bank reserves—also referred to as on-hand deposits—are frequently mandated for banks.
To know more about economy click here:
https://brainly.com/question/2421251
#SPJ4
Prepare a bank reconciliation. A comparison of the checks written with the checks that have cleared the bank shows outstanding checks of $650. Some of the checks that cleared in June were written prior to June. No deposits in transit were noted in May, but a deposit is in transit at the end of June.
Bank Reconciliation Procedure
On the financial institution statement, evaluate the company's list of issued tests and deposits to the assessments proven on the statement to pick out uncleared exams and deposits in transit.Using the money stability shown on the financial institution statement, add again any deposits in transit.Deduct any tremendous checks.When making ready a bank reconciliation magnificent tests ought to be?In making ready a bank reconciliation, superb exams be delivered returned to the ending stability per the bank statement.
How do you write a bank reconciliation sample?Bank Reconciliation: A Step-by-Step Guide
COMPARE THE DEPOSITS. Match the deposits in the business information with those in the financial institution statement.ADJUST THE BANK STATEMENTS. Adjust the stability on the financial institution statements to the corrected balance.ADJUST THE CASH ACCOUNT. COMPARE THE BALANCES.Learn more about Bank Reconciliation here:
https://brainly.com/question/30075643#SPJ4economic welfare is generally measured by (i) profit. (ii) total surplus. (iii) the price consumers pay for the product. a. (ii) only b. (ii) and (iii) only c. (i), (ii), and (iii) d. (i) and (ii) only
The only valid response to the provided statement, "Economic wellbeing is commonly measured," is (ii).
What is Australian welfare?In Australia, the term "social security" refers to the system of welfare cash payments available by the Australian government to qualifying nationals, legal residents, and select foreign visitors. Almost often, Jcpenney, a division of Service Australia, is in charge of managing these payments.
On welfare, is it possible to save money?You are permitted to have a little bit more now in savings and property after you begin receiving social assistance. You social assistance benefits may be decreased or you may lose your eligibility if your properties and savings exceed the permitted limits.
To know more about Welfare visit:
https://brainly.com/question/29214791
#SPJ4
on december 31, 2022, hamilton incorporated sold a used industrial crane for $1,120,000 cash. the original cost of the crane was $5.38 million and its accumulated depreciation equalled $4.39 million on december 31, 2022. what is the gain or loss from the december 31, 2022 equipment sale?
The gain on equipment sale is $130,000.
original cost- accumulated depreciation = net value
$5.38 million - $4.39 million = $0.99 million ($990,000)
sale value - net value = gain on sale.
$1,120,000 - $990,000= $130,000.
Accumulated depreciation is the amount of depreciation that has been applied to an asset up to a specific point. The beginning cumulative depreciation balance is increased with each period's depreciation sale value. Known as a long-term contra asset account, accumulated depreciation is an asset account with a credit balance that is shown on the balance sheet under the heading Property, Plant, and Equipment. the sum of money that has been set aside from the cost of a long-term asset's acquisition.
To learn more about depreciation, click here.
https://brainly.com/question/15085226
#SPJ4
