Answer
The note must be reported on the balance sheet as of December 31 for the total outstanding value, since the refinancing does not change the value to be paid only affects the terms and interests, also the financing will only be made in January of year 2
The trial period is called the probationary period. Typically last 90 days & the employee as well as the employer can end the work relationship without reason or cause. Sometimes the job fit is not right but at least this gives both parties to see how the situation works.
Explanation:
The computation is shown below:
Particulars Cost Per unit in ($)
Direct Materials $6
Direct Labor $2
Variable Overhead $1.5
Fixed Cost ($77000 ÷ 35,000 units) $2.2
Total Cost per unit $11.7
So,
1. He will buy the product as it is a saving of $0.7 ($11.7 - $11)
2) The most price willing to pay is $11.7
3) And, There is increase in income by $24,500 by multiply the 35,000 units with the $0.7 per unit in case of buying the part
Answer: demand decreases and supply stays the same
Explanation:
The equilibrium price refers to the price whereby the quantity of goods that's demanded and the quantity of goods that's supplied is equal.
On the other hand, the equilibrium quantity is gotten when the quantity of goods demanded and supplied are equal. This is gotten when the demand curve and the supply curve intersects.
It should be noted that there will be a lower equilibrium price and quantity if
In a situation whereby the demand increases and the supply remains the same, the equilibrium quantity and the equilibrium price will increase and vice versa.
