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3 years ago

9

The following statements below is an example of where government policy differs between nonprofit and for-profit corporations EX

CEPT:
A. tax payments
B. government regulations
C. spending extra money
D. rules for incorporation

1 answer:

expeople1 [14]3 years ago

3 0

The answer is D, rules for incorporation.

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Muriel buys a $2,000 savings bond with a 4% coupon and 20 years to maturity. How much interest will she earn over the life of th

irina1246 [14]

To solve: use the simple interest calculation.

interest earned over the life of the bond = (bond price)(coupon rate)(years)
= (2,000)(0.04)(20)
= $1,600

So after 20 years on a 4% coupon bond starting at $2,000 Muriel will earn $1,600 in interest.

3 0

3 years ago

The comparative financial statements for Prince Company are below:

zheka24 [161]

Answer:

It is increases by 0.155 times

Explanation:

As we know that

Current ratio = Current assets ÷ Current liabilities

where,

Current assets = Cash + account receivable + inventory

So in year 1, the current ratio is

= ($7,000 + $18,000 + $34,000) ÷ ($17,000)

= ($55,000) ÷ ($17,000)

= 3.47 times

And, in year 2 , the current ratio is

= ($4,000 + $14,000 + $40,000) ÷ ($16,000)

= ($58,000) ÷ ($16,000)

= 3.625 times

Therefore, it is increases by 0.155 times

8 0

3 years ago

Why teach for america teachers perform better than other teachers

kari74 [83]

Answer: this does not even make any sense....

Explanation:

4 0

3 years ago

A company desires to sell a sufficient quantity of products to earn a profit of $400,000. If the unit sales price is $20, unit v

Amanda [17]

Answer:

Number of units to be sold = 150000

So option (b) is correct option

Explanation:

We have given net income = $400000

Unit sales price = $20

Unit variable cost= $12

Total fixed cost $800000

Units must be sold to earn net income of $400,000 =

$=profit+\frac{total\ fixed\ cost}{sale\ price}-ubit\ variable\ cost=400000+\frac{800000}{20}-12=150000units$

So number of units to be sold = 150000

So option (b) is correct option

3 0

3 years ago

Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and

Leni [432]

Answer: Please find answers in explanation column

Explanation:

To record flow of cost of raw materials

Account Debit Credit

1) Work in process-Refining department $385,000

Raw Materials $385,000

To record flow of labour cost

Account Debit Credit

2) Work in process-Refining department $143,000

Wages payable $143,000

To record applied factory overhead

Account Debit Credit

3) Work in process-Refining department $99,000

factory overhead-refining department $99,000

Entry to record the transfer of production costs to the second department, Sifting.

Account Debit Credit

4) Work in process-Sifting department $626,800

Work in process-Refining department $626,800

calculation

Beginning work in process + raw material + wages payable + factory overhead - ending work in process

$29,600 + $385,000+ $143,000 +$99,000 - $29,800 =$626,800

6 0

3 years ago