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2 years ago

A basic interest rate that is not adjusted for inflation is called a(n)___ interest rate.

Business

1 answer:

Montano1993 [528]2 years ago

8 0

A basic interest rate that is not adjusted for inflation is called a nominal interest rate.

<h3>What is Inflation?</h3>

It should be noted that inflation simply means the increase in the prices of goods and services.

In this case, nominal interest rate is the basic interest rate that is not adjusted for inflation.

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Concord Corporationreported the following year-end information: beginning work in process inventory, $250000 cost of goods manuf

anastassius [24]

Answer:

$228,000

Explanation:

Beginning work in process inventory, $250000

Cost of goods manufactured, $866000

Beginning finished goods inventory, $292000

Ending work in process inventory, $270000

Ending finished goods inventory, $314000

Cost of Goods Sold = Beginning work in process inventory + Beginning finished goods inventory - Ending finished goods inventory, $314000

Cost of Goods Sold = $250,000 + $292,000 - $314,000

Cost of Goods Sold = 228,000

7 0

3 years ago

Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks

Tems11 [23]

Answer:

case 1: when $405,000 fixed overhead cost can be avoided

make buy net income

direct material

994700 0 994700

direct labor 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 195000 405000

purchase price 0 2314200 (2314200)

total 2528500 2509200 19300

YES,jobs should accept the offer because it results in saving of $19300

CASE 2: when no fixed overhead can be avoided

make buy net income

direct material 994700 0 994700

direct labour 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 600000 0

opportunity cost 375000 0 375000

purchase price 0 2314200 (2314200)

total cost 2903500 2914200 (10700)

NO, jobs shold not accept the offer because it results in loss of $10700

4 0

3 years ago

In the old Merck compensation system, if the salary line formula is: control point = $1544 + $4.72*Hay point. How much will a mi

Alekssandra [29.7K]

Answer:

<u>A mid-level manager will get $5251.2 salary.</u>

Explanation:

Control Point = 1544 + 4.72 x Hay Point

=1544 + 4.72 x 600

= $ 4376 which is the mid-point of salary range in the market.

120% compa ratio means the actual salary given out is (120/100) times the market mid-point

Hence,

Actual Salary = ( 120 / 100 ) x 4376

= $ 5251.2

6 0

3 years ago

Which of the following statements is true of comparative negligence? Group of answer choices It allows a plaintiff to claim dama

Ostrovityanka [42]

The inference illustrates that the true statement about comparative intelligence is that it compares a plantiffs fault with a defendant's and reduces the damage award proportionally.

<h3>What is an inference?</h3>

It should be noted that an inference simply means the conclusion that can be deduced from the information given.

In this case, the inference illustrates that the true statement about comparative intelligence is that it compares a plantiffs fault with a defendant's and reduces the damage award proportionally.

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3 0

2 years ago

Read 2 more answers

Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1

Grace [21]

Answer:

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units