Answer:
Explanation:
A)
cost of not taking a cash discount = (1+3/(100-3))^(360/(35-13)) -1
cost of not taking a cash discount = 66.5%
B)
Effective rate of interest if the company borrows from the bank = (17/(100-12))
Effective rate of interest if the company borrows from the bank = 19.3%
Answer: $237070
Explanation:
The amount that Novak should report as its December 31 inventory will be:
Inventory in hand = $190,000
Add: Goods bought from Pelzer Corporation = $25,170
Add: Cost of goods sold to Alvarez Company = $21900
Total = $237070
The amount that Novak should report as its December 31 inventory will be $237070
For me, the incorrect passage would be "Investments and lending have risen". In an economic downturn, investors are reluctant to put money on a market that is experiencing losses.
Economists warn of an economic downturn. Prices have skyrocketed. Unemployment is up as businesses move up to reduce <span>costs. The Fed considers lowering discount rates and reserve requirements to increase monetary circulation.</span>
Answer:
it would be 10,000 for 4.00% interest for 4 years.
Explanation:
the reason is the amount would turn out at 10,824 dollars and you earned 824 dollars in income.
Answer:
If the price of wheat does not rise in the long run, the farmer should stop the production of wheat.
Explanation:
given data
MC = MR.
average total cost of producing wheat = $26
price of wheat = $10
solution
As long as the cost of a bushel of wheat ($ 6) exceeds the variable production cost of a bushel of wheat ($ 4), the farmer should continue to produce wheat. He loses $ 2 per bushel, but loses $ 4 if he stops producing wheat.
If the price of wheat does not rise in the long run, the farmer should stop the production of wheat.
