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labwork [276]
1 year ago
10

To align currency symbols and decimal points in a column of numbers, you can apply the ____ number format.

Business
1 answer:
shutvik [7]1 year ago
4 0

Answer:

Accounting.

Explanation:

In Microsoft Excel, to align currency symbols and decimal points in a column of numbers, you can apply the accounting number format.

When an individual (accountants or financial experts) wishes to display numbers as a monetary value, he or she is required to format the numbers as currency. The procedure for achieving this, is to apply an accounting number format to the required or necessary cells to be formatted.

In order to access the number formatting options, users should navigate to the Home tab which is found in the Number group on the Microsoft excel software application.

<em>Also, worthy of mention is the fact that the accounting number format can be used to display negative numbers in parentheses and zeros as dashes. </em>

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The balance in a company's Cash account on August 31 was $19,700, before the bank reconciliation was prepared. After examining t
SashulF [63]

Answer:

$17200

Explanation:

A balanced sheet is a statement of financial position that list the assets , liabilities and equities of an organization.

The items that affect the current asset (cash)balance in the balanced  sheet for the month  in the question are Cash book  balance , deposit outstanding and check outstanding.

Cash book balance   -           19700

Deposit outstanding -              1800

Less check outstanding -        (4300)

                                                17200

3 0
1 year ago
Suppose that furniture production encompasses the following stages: Stage 1: Trees are sold to lumber company. $1,000 Stage 2: L
g100num [7]

Answer:

a)

<em>The value added at each stage</em>

Stage                          Value added($)

1                                   1000

2   (2000-1000) =         1,000

3   (6,000- 2000) =      4,000

4    (10,000 - 6,000) =   4,000

b)

The amount by GDP is increased = $10,000

c) Reduce GDP

Explanation:

Gross domestic product (GDP) which is the total market value of all the final goods and services produced in a country over a given period of time. The GDP can be calculated using the value added approach.

Here the GPD figure is ascertained by summing the amount of additional value created by each factor of production at each stage of the production process of the final product.

a)

<em>The value added at each stage</em>

Stage                          Value added($)

1                                   1000

2   (2000-1000) =         1,000

3   (6,000- 2000) =      4,000

4    (10,000 - 6,000) =   4,000

b)

The amount by GDP is increased = $10,000 which is the total value added or the market value of the final goods

c)

If the lumber were imported it would be deducted from the value of export and thus reduce GDP.  Remember that GDP is the market value of all good and service produced within a given country over certain period of time .

3 0
2 years ago
Read 2 more answers
Consider the effects of inflation in an economy composed of only two people: Charles, a bean farmer, and Dina, a rice farmer. Ch
Fantom [35]

Answer:

1) Suppose that in 2017 the price of beans was $2 and the price of rice was $8.

  • a) inflation rate = 100%
  • b) both are unaffected

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $8, inflation rate 100%

The inflation rate measures the change in the general price level of an economy during a certain period of time, in this case during a year from 2016 to 2017.

Since Gilberto produces beans and Juanita produces rice, and the price of both of their products increase equally (100%), then the inflation rate will not affect them. Their consumption levels also remain the same, no one decided to consume more of one product and less of the other.

2) Now suppose that in 2017 the price of beans was $2 and the price of rice was $4.80.

  • a) 60%
  • b) Charles is better off while Dina is worse off

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $4.80, inflation rate 20%

average inflation rate = 60%

Since Charles produces beans, and the price of his products increased a lot, he will be better off, while Dina will be worse off since the price of rice increased much less.

3. Now suppose that in 2017, the price of beans was $2 and the price of rice was $1.60.

  • a) 20%
  • b) Charles will be better off, Dina will be worse off

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $1.60, inflation rate -60%

average inflation rate = 20%

4) What matters more to Charles and Dina?

  • The relative price of rice and beans is more important to Charles and Dina.
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Joss is a marketing consultant. Iris and Daphne are potential customers interested in commissioning Joss to undertake a market s
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Answer: d. both Iris and Daphne will want to purchase Joss's services but Joss will not be willing to undertake the job.

Explanation:

Iris will want Joss's services but they will be unable to afford them as Iris is only willing to pay $500 whereas Joss wants $1,200 for the job.

The same goes for Daphne who is only willing to pay $800.

Both of them will therefore want to hire Joss but will be unable to.

Joss could however charge both of them their willingness to pay and then sum the cash up and give them both the research whilst still making a profit.

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Deep mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price of $42 a share. there are 90
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Check the attached file for the answer.

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