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2 years ago

Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.

1 answer:

5 0

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

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Stech Co. is issuing $9 million 12% bonds in a private placement on July 1, 2017. Each $1,000 bond pays interest semi-annually o

STALIN [3.7K]

Answer:

Expected selling price =$ 1,271.81

Explanation:

<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>

<em>These cash flows include interest payment and redemption value</em>

The price of the bond can be calculated as follows:

Step 1

<em>PV of interest payment</em>

coupon rate - 12%, yield - 8%, years to maturity- 10 years

Semi-annual coupon rate = 12%/2 = 6%

Semi-annual Interest payment =( 6%×$1000)= $60

Semi annual yield = 8%/2 = 4%

PV of interest payment

= A ×(1- (1+r)^(-n))/r

A- interest payment, r- yield - 4%, n- no of periods- 2 × 10 = 20periods

= 60× (1-(1.04)^(-10×2))/0.04)

= 60× 13.59032634

=$815.41

Step 2

<em>PV of redemption value (RV)</em>

PV = RV × (1+r)^(-n)

RV - redemption value- $1000, n- 2×10 r- 4%

= 1,000 × (1+0.04)^(-2×10)

= $456.38

Step 3

<em>Price of bond = PV of interest payment + PV of RV</em>

= $815.41 + $456.38

= $ 1,271.81

Expected selling price =$ 1,271.81

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3 years ago

The law of diminishing returns indicates that Multiple Choice 1. as extra units of a variable resource are added to a fixed reso

xeze [42]

Answer:

<h2>The law of diminishing returns in Production Economics,states that as more variable resources are employed in the production process by any firm or company,while keeping other resources constant or fixed,the marginal product will begin declining at some point in the production.Hence,the correct answer here would be option 1.</h2>

Explanation:

Law of diminishing returns basically advocates that as any firm or company increases the employment of any variable resource in the production process,while keeping the other factors/inputs of production fixed or constant,the additional productivity obtained from that particular resource employment decreases gradually at some point in the production process or in other words,its marginal product diminishes.In the initial phase of production,the company or firm usually experiences increasing returns to scale or higher productive efficiency from any variable resource but as it increasingly concentrates on employing only one particular variable keeping all other resources or factor inputs constant,it will gradually experience diminishing marginal product or return.At some point in production phase,every variable resource such as labor requires assistance from other supporting resources to maintain superior productivity and without additional or supplementary support it cannot function.For example,after some point in production,manual labor requires additional support such as machinery,equipment,computers,technical tools and other physical inputs to perform productively and efficiently.Therefore,without the fixed resources,variable resources are not able to function productively beyond some production level,thereby exhibiting diminishing marginal returns for the firm.

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3 years ago

Stuart signs a contract that allows him to rent a snowplow from Homer's Plow Company. The contract stipulates that he has to pay

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This is an example of release. Group of answer choices release rescission novation waiver arbitration.

A waiver happens when a party purposefully renounces their ability to enforce a contract.
A release is created when one party declares the other side is not required to fulfill its obligations.
Damages are amounts given as compensation for costs directly suffered as a result of a contract breach, such as costs incurred from another source.
The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer.

What are the laws of contract?

The area of law that deals with creating and upholding contracts is known as contract law.
An agreement that can be upheld by a court is referred to be a contract.
The body of legislation known as contract law regulates the formation of contracts, their performance, and the creation of just reparations in the event of a breach.

Learn more about laws of contract

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2 years ago

The region to which a city provides services and from which it draws its needs is its

valina [46]

The right answer is hinterland

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3 years ago

What are the things that cause demand to change?

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