Answer:
$3,762
Explanation:
The computation is as seen below
Total cost when the production is 9,900 units
Direct materials $8,316
Direct labor $11,187
Variable overhead $12,474
Total $31,977
But,
Their new cost on supplier offer is
= $2.85 × 9,900 units
= $28,215
In the case when the order is accepted, the net income would increase by
= $31,977 - $28,215
= $3,762
The credit bureaus<span> and the company reporting your pay history, </span>the information furnisher are two bodies responsible for the information in your credit report. The account information from the credit bureau can only be as accurate as the information it is provided by the information furnisher.
Answer:
The correct answer is letter "D": You are formally accepting a loan and agree to pay it back in accordance to the terms that are outlined for that loan.
Explanation:
A Promissory Note is a written promise made by one party to pay a specified sum of money to another party, either on-demand or at a specified future date. It is commonly used as a means of short-term financing in businesses. For example, when a company has solved many products but not yet collected payments for them, it may become low on cash and unable to pay its own creditors with the case. In such a case, it may ask its creditors to accept a promissory note that can be exchanged for cash at a future time after it collects its account receivables.
Answer:
(B) 9%
Explanation:
In order to calculate this you just have to do a simple rule of three with the 100% being the 450,000 you withdraw from the paid money the selling price of the bonds:
490,222-450000= 40,222
Now we do the rule of three using 450,000 as 100%:
So the actual rate would be 8,93 which is closest to 9% so that would be the answer.
Answer:
the interest expense for the first year is $10,238
Explanation:
The computation of the first year interest expense is shown below:
= Four equal annual payment × PVA factor of 4 years at 11% × interest rate implicit in the lease
= $30,000 ×3.10245 × 11%
= $10,238
Hence, the interest expense for the first year is $10,238
We simply applied the above formula so that the correct value could come
And, the same is to be considered
