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Blababa [14]
2 years ago
6

How do you find the total fixed cost using the table

Business
2 answers:
Naddik [55]2 years ago
8 0

Answer: Total fixed cost= Fixed cost- total variable cost

Explanation: you should add the fixed cost and the variable cost then the answer you get by adding the fixed cost and the variable cost is the total fixed cost.

use the below way to find the Total fixed cost;

Fixed cost= Fixed cost (TC) + Variable cost (TVC)

then to get the total fixed cost;

Total fixed cost= Fixed cost- total variable cost

iogann1982 [59]2 years ago
6 0

Answer:

Total cost (TC) = Total variable cost (TVC) + Total fixed cost (TFC)

Therefore,

Total fixed cost = Total cost - Total variable cost

hope am helpful

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Bernie Madoff invites you to invest $1,000 in his fund now and be guaranteed at least $1,500 in 4 years. What is the effective r
Nady [450]

Answer: 10.67%

Explanation:

Mr Madoff is offering to grow the current value of $1,000 to a future value of $1,500 in 4 years.

This is a future value problem.

1,500 = 1,000 * ( 1 + interest) ^ 4 years

( 1 + interest) ^ 4 = 1,500/1,000

( 1 + interest) = 4√(1,500/1,000)

1 + interest = 1.1066819197

Interest = 1.1066819197 - 1

= 10.67%

8 0
4 years ago
Which of these economic goals is most important in a traditional economy? select one:
Gnom [1K]
Which of these economic goals is most important in a traditional economy?
A. Growth
8 0
3 years ago
On January 1, 2020, Oriole Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t
n200080 [17]

Answer:

face value $320,000, coupon rate 12%

current market value $344,260.74, effective interest rate 10%

maturity in 5 years, coupon paid yearly

(a) Prepare the journal entry at the date of the bond purchase.

Dr Investment in bonds (AFS) 320,000

Dr Premium on investment in bonds (AFS) 24,260.74

    Cr Cash 344,260.74

(b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2020.

unamortized premium = ($320,000 x 12%) - ($344,260.74 x 10%) = $38,400 - $34,426.07 = $3,973.93

Journal entry to record accrued interests:

Dr Interest receivable - investment in bonds (AFS) 38,400

    Cr Interest revenue 34,426.07

    Cr Premium on investment in bonds (AFS) 3,973.93

Journal entry to record recognition of fair value 2020

fair market value $342,000 - $340,286.81 (carrying value) = $1,713.19

Dr Fair value adjustment - equity 1,713.19

    Cr Unrealized gain on investment in bonds bonds (AFS) 1,713.19

(c) Prepare the journal entry to record the recognition of fair value for 2021.

unamortized premium = ($320,000 x 12%) - ($340,286.81 x 10%) = $38,400 - $34,028.68 = $4,371.32

fair market value $329,700 - carrying value $335,915.49 = -$6,215.49

Dr Unrealized loss on investment in bonds bonds (AFS) 6,215.49

    Cr Fair value adjustment - equity 6,215.49

   

6 0
3 years ago
A cell phone company charges $1.25 for a long-distance phone call, plus an additional $0.15 per minute. If Kyle wants to spend l
Vesna [10]

Answer:

465 minutes or 8 hours and 15 minutes

Step-by-step explanation:

her monthly bill was 72.25 and she has to pay 2.50 per month

72.25 - 2.50 = 69.75

69.75/ 0.15 = 645 minutes

645 minutes/ 60 minutes= 7.75 = 8 hours 15 minutes

8 0
3 years ago
Sheridan Company sells merchandise on account for $1600 to Borth Company with credit terms of 2/12, n/30. Borth Company returns
Gekata [30.6K]

Answer: $1,274

Explanation:

Credit terms of 2/12, n/30 mean that the buyer is allowed a 2% discount if they pay in 12 days otherwise they would have to pay the full figure in 30 days.

Borth returned $300 so the net merchandise value they bought it;

= 1,600 - 300

= $1,300

Check was sent within discount period;

= 1,300 * ( 1 - 2%)

= $1,274

7 0
3 years ago
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