Answer:
The Nominal Cost to register the car should be $53.
Explanation:
For the first year the data is given as
CPI=150
Nominal Price=$50
Real Income= Nominal Cost / Consumer Price Index
=50/150 = 0.33
Now for the second year as the real income is same as previous year thus
RI=0.33
CPI has increase to 159. Now the nominal cost is given as
Nominal Cost=Real Income * Consumer Price Index
Nominal Cost=0.33 * 159
Nominal Cost=$53
So the Nominal Cost to register the car should be $53.
Answer:
4.17 years
Explanation:
For Bond,
Let's take Bond Par Value = $1,000
Coupon Rate = 9%
YTM = 8.5%
Current Yield = Annual Dividend/Current Price
0.0885 = 90/Bond Price
Bond Price = $1,016.95
Calculating Time left to Maturity,
Using TVM Calculation,
T = [FV = 1000, PV = 1016.95, PMT = 90, I = 0.085]
T = 4.17 years
So,
Time left to Maturity = 4.17 years
Answer:
its fixed costs but not its variable costs.
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
When a firm that shuts down temporarily, the firm would still have to pay expenses such as rent and electricity bills. These constitute fixed cost. But the firm would not have to pay variable costs e.g. the cost of buying raw materials used in variation.
On the other hand, if the firm shuts down permanently, it would not pay both its variable costs and its fixed costs
The last strategy is to have the willingness to apologize. It is because in order to negotiate a solution or solve them, it is best that a person should know and have the willingness to apologize, whether they are the reason why it happened or not because this is one of the strategy that will fix the situation for it is a sign of showing respect and to show that a person who has that attitude has the willingness to solve the solution and dismiss the argument.
Answer:
absorption costing net operating income = $106400
Explanation:
Manufacturing overhead in inventory = Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory
Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory
$4 per unit × (−2,300) = −$9200
Variable costing net operating income = $115600
subtract fixed manufacturing overhead costs released from inventory
(9200 ) from Variable costing net operating income
Absorption costing net operating income = Variable costing net operating income - fixed manufacturing overhead costs released from inventory
Absorption costing net operating income = 115600 - 9200 = $106400
