Answer:
$394 U
Explanation:
Calculation for the activity variance for vehicle operating cost in February would be
First step is to calculate the Flexible budget
Flexible budget= $1,880 + ($394 × 14)
Flexible budget=$7,396
Second step is to calculate the Planning budget
Planning budget= $1,880 + ($394 × 13)
Planning budget=$7,002
Last step is to calculate the activity variance for vehicle operating cost in Februar
Activity variance=Flexible budget $7,396-Planning budget $7,002
Activity variance=$394 U
Therefore The activity variance for vehicle operating cost in February would be closest to $394 U.
Answer:
The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.
After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.
Answer:
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Explanation:
Balanced sheet
A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Answer:
party A will pay floating rate while party B will pay fixed rate
Explanation:
For A
Sources at floating rate = prime 1%
received fixed rate = 8.9%
For B
sources fixed rate = 8.9%
Received floating rate = prime 1%
For a mutually beneficial interest only swap that makes money for A,Band the swap bank in equal measure, the party A will pay floating rate while party B will pay fixed rate
Answer:
S.S.S. should not purchase the shopping center because its NPV is negative, i.e. -$1,952,890.30
Explanation:
Note: See the attached file to see how the net present value is calculated.
From the file, it can seen that the project will result in a negative NPV of $1,952,890.30. Therefore, S.S.S. should not purchase the Shopping center.
