Answer:
C. Balance sheet
Explanation:
If Rita and Jose want to assess their progress overtime and they want to read their status each year so, should prepare balance sheet for each year because balance sheet represent the organization's financial position. It tells us that what an organization had over the past years of business. All the income and losses of each year is accumulated in the balance sheet to show the net position at a point of time. Cash flow and federal income tax return are prepared to show the data specific period only.
redit card
In general, a credit card lets you make purchases for which you are billed later. Most credit card accounts allow you to carry a balance from one billing cycle to the next. However, you will usually have to pay interest on that balance. You likely also have to pay at least a certain amount of your balance each time you receive a bill.
Charge card
A charge card is a specific kind of credit card. The balance on a charge card account is payable in full when the statement is received and cannot be rolled over from one billing cycle to the next. American Express and Diner's Club are two well-known organizations that offer charge cards.
So what does this mean for your FICO® score? There are many ways to build one's FICO score over time. Credit cards in general have a strong influence on the FICO score calculation. Charge cards can be just as effective as any other credit product in helping consumers establish a credit history.
Whether you have a credit card or a charge card, the most important factor in building or improving your FICO score is using credit responsibly. That means paying your bills on time and using your credit only when needed. If you can do those things consistently, you should be well on your way toward maintaining a good score.
<u>Answer:</u>
<em>Medicare refers to a</em><em> program for the individuals</em><em> of and above the age of 65 with certain disabilities and diseases. Medicare the FFS scheme, that is, Fee-for-Service covers two parts, Part A and Part B.
</em>
<u>Explanation:</u>
Part A includes Nursing care whereas Part B includes Doctor's assistance. In the given case, Kelly is entitled to Part A, but not to Part B. Thus, in order to join a Medicare health plan, she also must enrol in Part B.
Answer:
If British interest rates suddenly increase substantially relative to U.S. interest rates, the demand by U.S. investors for British pounds <u>increases</u>, and the British pound will <u>appreciate.</u>
Answer:
Target Selling price per unit $217.56
Explanation:
Target selling price is baseed on the Target cost incurred plus target markup.
Total Cost per unit
Direct Materials Cost $100
Direct labor $30
Variable Overhead Cost $8
Varibale Selling & Administrative cost $3
Fixed Overhead Cost (600,000/50,000) $12
Fixed Selling and Administrative(120,000/50,000) <u>$2.4</u>
Total Per unit cost <u>$155.4</u>
Target Markup = $155.4 x 40% = $62.16
Target Price = Total cost per unit + Target Markup per unit = $155.4 + $62.16 = $217.56
