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2 years ago

The percentage of the original loan amount that is paid in interest is called the:

1 answer:

Natasha2012 [34]2 years ago

7 0

Interest rate.

Hope this helps! Have an awesome day :)

EDIT: the original loan amount is called the principle, in case you were wondering.

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If a price is too high to clear the market, that means

kipiarov [429]

Answer:

If a price is too high to clear the market, that means the quantity of supplies have exceeded the amount that is demanded.

Explanation:

Have a great summer :)

6 0

2 years ago

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Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types o

san4es73 [151]

Answer:

Results are below.

Explanation:

First, we need to calculate the plantwide predetermine manufacturing overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

total estimated overhead costs for the period= (625,000 + 900,000 + 105,000 + 175,000 + 300,000 + 75,000)

total estimated overhead costs for the period= $2,180,000

Predetermined manufacturing overhead rate= 2,180,000 / 125,000

Predetermined manufacturing overhead rate= $17.44 per direct labor hour

Now, we can allocate overhead to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Deluxe:

Allocated MOH= 17.44*2,500

Allocated MOH= $43,600

Basic:

Allocated MOH= 17.44*6,000

Allocated MOH= $104,640

6 0

2 years ago

First, find if a country's RGDP grows on average at 3% per year, how long will it take for this country to double its RGDP. If,

sasho [114]

Answer:

At the growth rate of 3% per year

Number of years taken to double the GDP = 23.33 years

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

Explanation:

According to the rule of 70

Number of years taken to double the GDP = 70 ÷ [ Growth rate ]

Thus,

At the growth rate of 3% per year

Number of years taken to double the GDP = 70 ÷ 3

= 23.33 years

Further

if the growth rate is 3.5% per year

Number of years taken to double the GDP = 70 ÷ 3.5

= 20 years

Hence,

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

6 0

2 years ago

Concord Corporation reported net income of $177,200 for 2017. Concord Corporation also reported depreciation expense of $35,230

klio [65]

Answer

Net income 177,200

+35230 depreciation

+4,920 loss on disposal

217,350 adjusted net income (a)

↑↓

↑AR -14,160

↑Prepaid -4,190

↑AP 17,220

Change in working Capital -1,130(b)

Cash Flow generated from operating activities 216,220

Explanation:

(a) we must remove the non-monetary account from the income statement

This means add the non-monetary expenses and losses

Subtract the non monetary revenue and gains

(b)

The increase in assets account have a negative meaning, because it is assumed the company used cash to adquire it.

Whiel increase in liabilities are positive, because the company receive aah or delay the payment of cash.

4 0

2 years ago

Scarcity is the most basic problem in economics true or false

Rasek [7]

True.

I hope this helps! :)

5 0

2 years ago

Read 2 more answers