Helmers corporation manufactures a single product. variable costing net operating income last year was $101,000 and this year was $121,000. last year, $37,600 in fixed manufacturing overhead costs were released from inventory under absorption costing. this year, $14,100 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.

what was the absorption costing net operating income last year?
a.$63,400
b.$138,600
c.$106,900
d.$101,000

Explain the relationship between consumers and producers in economic growth and activity

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply