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1 year ago

Income __________ when there is zero beginning inventory and all inventory units produced are sold.

Business

1 answer:

Natali5045456 [20]1 year ago

3 0

Answer:

Income will be the same under both variable and absorption costing when there is zero beginning inventory and all inventory units produced are sold.

Explanation:

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$16,281$⁢16,281 is invested, part at 15%15% and the rest at 13%13%. If the interest earned from the amount invested at 15%15% ex

aleksandr82 [10.1K]

Answer:

Ans. The amount invested at 13% was $1,595.97 and $14,685.03 were invested at 15%

Explanation:

Hi, you can solve this by using 2 equations, so let X be the portion of the money invested at 15% and Y be the amount invested at 13%. So the equation for the whole amount is:

$X+Y=16,281$

Now, the problem says that the money that you earn by investing at 15% exceeds the money received as interest in your investment of 13% by $1,995.27, this leads us to the second equation.

$0.15X=0.13Y+1995.27$

Now, to make it a little more friendly, we just have to go ahead and divide everything by 0.15, so we get.

$X=0.8667Y+13,301.8$

Now, in our first equation, we substitute X fo 0.8867(Y)+13,301.8 and we will see this.

$0.8667Y+13,301.8+Y=16,281$

Now, we solve for Y

$1.8667Y=16,281-13,301.8$

$Y=\frac{2,979.2}{1.8667} =1,595.97$

So the money invested at 13% was $1,595.97 therefore, the money invested at 15% was $16,281 - $1,595.97 = $14,685.03

And we can check this results like this. The money invested at 15% will return an amount of:

$14,685.03*0.15=2,202.75$

And the money invested at 13% will return

$1,595.97*0.13=207.48$

Substracting, we would found that the difference is:

$2,202.75-207.48=1,995.27$

Best of luck.

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3 years ago

Jack agrees to sell tyler his pocketknife for 3baseball cards. Tyler sells his soccer ball for 2 baseball cards. I’m what way ar

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onle sì djo sicom

Explanation:

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2 years ago

One of the earliest, and still one of the most powerful, motivations for u.s. companies to invest abroad relates to ____: obtain

Sergeeva-Olga [200]

This is factors of production

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3 years ago

Read 2 more answers

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.50 percent, a par value of $1,000 pe

katrin [286]

Answer:

2.9652%

Explanation:

to determine the cost of debt we must use the FMV of the bonds plus the YTM:

first bond:

FMV = 1.09 x $1,000 = $1,090 x 3,600 bonds = $3,924,000

YTM = {C + [(F - P)/n]} / [(F + P)/2] = {17.5 + [(1000 - 1090)/16]} / [(1000 + 1090)/2] = (17.5 - 5.625) / 1045 = 1.136% x 2 = 2.27% annual

second bond:

FMV = 0.95 x $2,000 = $1,900 x 3,950 bonds = $7,505,000

YTM = {C + [(F - P)/n]} / [(F + P)/2] = {59.4 + [(2000 - 1900)/42]} / [(2000 + 1900)/2] = (59.4 + 2.38) / 1950 = 3.168% x 2 = 6.34% annual

total debt = $3,924,000 + $7,505,000 = $11,429,000

weighted average after tax cost of debt:

{($3,924,000/$11,429,000 x 2.27%) + ($7,505,000/$11,429,000 x 6.34%)} x (1 - 0.40) = (0.779% + 4.163%) x 0.6 = 4.942% x 0.6 = 2.9652%

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3 years ago

Suppose that Steve heads to the local hamburger shop with $3, expecting to spend $2 for his favorite burger and $1 for French fr

PtichkaEL [24]

Answer:

Income effect

Explanation:

The effect is because the customer purchasing power has been changed due to which he is now able to buy more to fulfill his needs and wants. The income effect occurs due to two reasons.

Number 1. The real income of the person has been increased which means his purchasing power has been increased. This means previously you were earning $2000 a month and now you are earning $10000 a month. Now you can buy New Iphone every month because your real income has been increased and this has increased your purchasing power.

Number 2. The price of the product has been fallen and now it is in range of the purchasing power of the customer. This means that if Iphones 11 are available at $100 then everybody buy Iphone 11. This is because the product is in the range of purchasing power of greater number of customers.

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3 years ago