Betech Inc. has $50,000 in its bank account and $3,000 worth of goods in its warehouse. What is this amount ($53,000) known as in accounting

terms?

A slow variable

B. flow variable

C. stock variable

D. flock variable

Question

Evelyn Mejia

Mathematics

10 August, 02:57

Betech Inc. has $50,000 in its bank account and $3,000 worth of goods in its warehouse. What is this amount ($53,000) known as in accounting

terms?

A slow variable

B. flow variable

C. stock variable

D. flock variable

+3

Answers (1)

Know the Answer?

Victor Stokes · Answer 1

(C) Stock Variable

Step-by-step explanation:

With the $50,000 in the bank, it is assumed the value is earnings from stock. $3,000 worth of goods in the warehouse also make up the stocks hence the $50000 plus $3000 to make up $53,000 stock variable

Betech Inc. has $50,000 in its bank account and $3,000 worth of goods in its warehouse. What is this amount ($53,000) known as in accountingterms?A slow variableB. flow variableC. stock variableD. flock variable

Betech Inc. has $50,000 in its bank account and $3,000 worth of goods in its warehouse. What is this amount ($53,000) known as in accounting

terms?

A slow variable

B. flow variable

C. stock variable

D. flock variable