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3 years ago

Wich type of financial institutions typically has a membership requirement ?

Business

2 answers:

Evgen [1.6K]3 years ago

5 0

The correct answer is B

gtnhenbr [62]3 years ago

5 0

Crew answer would be credit union

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Company X sells their products exclusively to companies in the Y market. In estimating demand from their business customers, Com

skelet666 [1.2K]

Answer:

derived demand

Explanation:

Company X sells their products exclusively to companies in the Y market. In estimating demand from their business customers, Company X must understand that this demand is actually <u>derived demand</u>, which means that the demand for industrial products and services is driven by demand for consumer products and services.

8 0

3 years ago

On May 1, 2015, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2015, and pay interest

vivado [14]

Herron Corp

A. Journal entry

Dr Cash 600,000

Cr Bonds Payable 600,000

B. Adjusting entries as at Dec 31, 2015

Dr Interest Expense 9,000

Cr Interest Payable ($600,000 x 9% x 2/12) 9,000

C. Balance sheet as at December 31, 2015

Current liabilities

Interest Payable 9,000

Long term Liabilities

Bonds Payable 600,000

D. Journal entry as at May 1, 2016

Dr Interest Expense ($600,000 x 9% x 4/12) 18,000

Dr Interest Payable 9,000

Cr Cash 27,000

(e) Journal entry Nov 1, 2016

Dr Interest Expense 27,000

Cr Cash ($600,000 x 9% x 1/12) 27,000

F. Bonds at 102 on Nov 1,2016

Dr Bonds Payable 600,000

Dr Loss on Bond Redemption 12,000

Cr Cash ($600,000 x 1.02) 612,000

4 0

3 years ago

A product sells for $30 per unit and has variable costs of $16.00 per unit. The fixed costs are $952,000. If the variable costs

Vikentia [17]

If the variable costs per unit were to decrease to $15.40 per unit, fixed costs increase to $992,800, and the selling price does not change, break-even point in units would: 68,093.2 Units

Solution:

The point of divergence is the manufacturing stage where production costs are equal to commodity sales. Investment is supposed to achieve a breakthrough if the market price of an asset is identical to its original cost.

New Break-even Point

= New Fixed Cost/(Selling Price - New Variable Cost)

= $\frac{(992,800)}{30 - 15.40}$

= $\frac{(992,800)}{14.58}$

= 68,093.2 Units

8 0

3 years ago

Everything else remaining unchanged, an increase in the supply of security a and a decrease in the demand for security b will ca

Elanso [62]

If every thing else remain constant, an increase in the supply of security A and a decrease in the demand for security B will cause the price of security A to FALL and the price of security B to FALL. This is because, when supply increases, price usually falls and when demand decreases, price also fall too.

3 0

3 years ago

Green Frog is an environmentally friendly firm in the cosmetics industry. If Green Frog undertook an analysis to help it underst

Law Incorporation [45]

Answer:

Green Frog would be conducting an internal analysis

Explanation:

An internal analysis is an exploration of your organization’s competency, cost position and competitive viability in the marketplace. Conducting an internal analysis often incorporates measures that provide useful information about your organization’s strengths, weakness, opportunities and threats – a SWOT analysis.

The analysis to understand which resources and capabilities are likely to be sources of competitive advantage and which are less likely to sources of such advantage by Green frog is an Internal analysis which is focusing on its Strength and weakness of its firm.

8 0

3 years ago

Read 2 more answers