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Dafna11 [192]
2 years ago
9

Which of the following is an example of a financial asset?

Business
1 answer:
Margaret [11]2 years ago
5 0

Answer:

A. cash

Explanation:

cash is used in finance

You might be interested in
Asteroid Industries accumulated the following cost information for the year:
frez [133]

Answer:

Factory overhead costs = 3000 + 7500 + 11800 = $22,300

Explanation:

Factory overhead costs are the costs that are not directly attributable to the production. This would include all the costs except for the direct materials and direct labor.

the total factory overhead costs would be,

Factory overhead costs = 3000 + 7500 + 11800 = $22,300

These costs are then allocated using the appropriate cost base to all the units produced.

Hope that helps.

7 0
3 years ago
On January 1, 2019, Shay Company issues $400,000 of 10%, 12-year bonds. The bonds sell for $391,000. Six years later, on January
noname [10]

Answer:

$9,000

Explanation:

The computation of the  amount of the discount on the bonds at issuance is shown below:

= Par value of the bond - issued price of the bond

= $400,000 - $391,000

= $9,000

By deducting the issued price of the bond from the par value of the bond we can get the discount amount on issuance of the bond and the same is applied above

4 0
3 years ago
A​ monopolist's maximized rate of economic profits is ​$2 comma 700 per week. Its weekly output is 900 ​units, and at this outpu
LuckyWell [14K]

Answer:

Average total cost= $46

Marginal revenue= $33

Explanation:

In this instance the monopolist's total cost is the revenue from sale of one unit less the economic profits per unit

Economic profit per unit= 2,700/900

Economic profit per unit= $3

Average total cost= (Price per unit) - (Economic profit per unit)

Average total cost= 49 - 3= $46

For this instance marginal revenue is equal to marginal cost.

Marginal revenue= Marginal cost= $39

3 0
3 years ago
Kangaroo Autos is offering free credit on a new $10,000 car: You pay $1,000 down and then $300 a month for the next 30 months. T
gavmur [86]

Answer:

Kangaroo Auto offers the better deal

If the I go for Kangaroo Autos, then I will save $257.69 in today's term

Explanation:

Here we need to compare the present value of the two options;

Present value is the worth today of an amount or series of amount payable or receivable in the future period.

Where a series of equal amount is receivable or payable in the future it is called an annuity.

One of the payment options includes an annuity. Therefore, we need to work out the present value of the annuity. This is done using the following formula:

Present Value = A ×( 1 - (1+r)^(-n))/r

where A = equal cash flow, r- rate per period, n - no. of periods

A = 300, r- rate per month - 12%/12 = 1% , n= 30

PV = 300 ×(1- (1+0.01)^(-30))/0.01

    = 300 × 25.877

     =7,742.31

Now we can work out he cost of each option  and comapare them in today's Dollar:

Option 1 : Kangaroo Autos

Total cost of option 1 = deposit + PV of annuity

                                  =   1000 + 7,742.31

              cost              = 8,742.31

Option 2: Turtle Motors:

Price =  Car price - Discount

        =   $10,000 - $1000

     cost    =   $9,000

Kangaroo Auto offers a better  deal.

If  I go for Kangaroo Autos, then I will save $257.69 in today's term

4 0
3 years ago
Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achievi
krek1111 [17]

Answer: false

Explanation:

The statement is false because cost leadership is not really sustainable as it's cost effective due to the maintenance charge required to keep them in a great care despite the low operational cost being runned by the organization

6 0
3 years ago
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