Answer: $13,692,683.93
Explanation:
Present value = Amount / (1 + rate) ^ number of periods
= 19,046,180 / (1 + 8.6%)⁴
= $13,692,683.93
<em>Options are most probably for a variant of this question. </em>
Answer:
A. Cash and a credit to Bonds Payable for $50,000
Explanation:
The journal entry is shown below:
Cash $50,000
To Bonds Payable $50,000
(being the issuance of the bond payable is recorded)
We simply debit the cash as it increased the assets and credited the bond payable as it also increased the liabilities so that the proper posting could be done i.e $50,000 should be credited and debited
Answer:
E) 0 units of A and 200,000 units of Z.
Explanation:
In order to estimate the profit maximizing sales mix we first calculate the contribution per product per limiting factor. Limiting factor in this case is the labor hours.
So,
Contribution per hour if A is made = 8 * 12 = $96
Contribution per hour if Z is made = 10 * 10 = $100,
Therefore Z holds priority,
Since there is no sales mix we need to follow we can just make Z for maximizing profits and as such We make 20000 * 10 = 200,000 units of Z and 0 units of A.
Hope that helps.
Demand is said to be<u> Elastic</u> when the quantity demanded is very responsive to changes in price.
<h3>What is Elasticity of Demand?</h3>
Demand responsiveness to changes in other market variables is measured by demand elasticity. The price elasticity of demand, for instance, indicates how much demand will change in response to a change in a product's price.
Both elastic and inelastic demand exists. Demand that is elastic is more responsive to changes in the variables being measured against. Products that are inelastic are less sensitive to the changes being measured.
The slope of the demand curve and price elasticity of demand is directly correlated. The law of demand, which states that consumers will demand a greater quantity of goods at lower prices and a lesser quantity of goods at higher prices, was most likely covered in your very first economics course. The downward sloping of demand curves is explained by the law of demand.
Thus the Law of demand directs the elasticity of demand.
For more information on Elasticity of Demand, refer to the given link:
brainly.com/question/23301086
#SPJ4
