The answer is Inflation premium. Inflation Premium is a part of the interest rates that the result from the lenders compensation to the expected inflation by making the nominal interest rate to higher rates. It is also the investment returns that compensates for the expected increase of price levels of products.
gross income is what you will get without taxes being taken out , or anything being taken out. adjusted income is when your taxes are taken out and that is what you will get .
Answer:
C. The termination of the firm's legal existence.
Explanation:
General partners are individuals, two or more , who come together to own a business and controls daily activities of the business. Each member has unlimited liability and their action can legally bind the activities of the business. They share profit and losses equally.
According to fact pattern 27-3, if the partners agree to dissolve one of their business line- equity lending as in the case above and the company's assets are shared among the partners, it would result in the termination of the firm's legal existence.
Once there is a breach by any of the partners as contained in the partnership agreement and the partner's asset shared, that is dissolution. The partnership business has therefore been terminated legally and cease to exit.
Answer:
5.602786
Explanation:
Units completed:
= 100% of (76,000 + 10,000)
= 86,000
Closing units:
= 25% of 15,000
= 3,750
Equivalent units = Units completed + Closing units
= 86,000 + 3,750
= 89,750
Opening cost = 52,100
Cost during the year = 450,750
Total cost = Opening cost + Cost during the year
= 52,100 + 450,750
= 502,850
Direct labor cost per equivalent unit:
= Total cost ÷ Equivalent units
= 502,850 ÷ 89,750
= 5.602786
