Spreadsheets are personal application software that includes a wide range of built-in functions for statistical, financial, logical, database, graphics, and date and time calculations. It is an application or program that is designed for analysis, organization and storing of data in a table form. It functions on data that are entered in the cells of a table where the cells can contain numeric or text values. In this program, you can input equations and relate cells in order to do automatic calculation. It helps in processing a large number of data since you can easily copy and execute functions and equations.
Increase because the software will become more in demand from the more economists.
Answer:
Material Price Variance = $2,500 Unfavorable
Explanation:
Standard fabric for each cap = 2.00 yard
Standard price per yard = $2.00 per yard
Actual price per yard = $2.10
Actual Quantity = 25,000 yards
Materials price variance = (Standard price - Actual Price) 
Actual Quantity
= ($2.00 - $2.10) 25,000 = - $0.10 25,000
= - $2,500
Since it is negative in value it is Unfavorable
Answer:
Explanation:
Base on the description of the question, we can use the following method to solve the given problem
Prepare a retained earnings statement for the year ended May 31, 2018.
Beginning retained earnings 557000
Change in retained earnings
Add: Net income 191000
Less:Dividend -27000
Ending retained earnings 721000
Answer : 4.34 %
Explanation: The effective interest rate a company pays on its debt obligation is called cost of debt. The cost of debt is denoted by [k]x_{d}[/tex] . As there is a tax shield available on debt interest it is generally calculated by subtracting the marginal tax rate from before tax cost of debt .
.
where,
c= coupon payment = 1000 * 6% = 60
p = current market price = $898
t= marginal tax rate
therefore :-
= 
= 4.34 %
