Answer:
B. the bond demand curve shifts to the left, the bond supply curve shifts to the right, and the equilibrium interest rate usually rises.
Explanation:
In this case:
- The supply increases, curve shifts to the right.
- The demand increases, curve shifts to the left
- Both the above shifts cause the price of bonds to decrease
- The above changes cause interest rate to increase
In this way, the quantity of bonds increase
Answer:
Ending inventory value= $380,000
Explanation:
Giving the following information:
Costs per unit are: direct materials $25, direct labor $12, and variable overhead $1.
Ending inventory in units= 10,000
<u>Under the variable costing method, the unit product cost is calculated using direct material, direct labor, and variable overhead.</u>
Unit product cost= 25 + 12 + 1= $38
Ending inventory value= 38*10,000= $380,000
Yes, you do have to file a tax return
Answer:
$61,175
Explanation:
Base on the scenario been described in the question, we expected to solve for the future worth
The table of the cash flow is shows in the picture
We can find that by calculating the Future worth
Future Worth = {2,500 + 1,500(P/A 7%,10) 100 + (P/G 7%,10) } [F/P 7%, 20]
Future worth = { 2,500 + 1500(7.024) + 100(27.716)}
Future worth = $61,175
Answer:
E. January 1, 2017
Explanation:
Financial statements are prepared showing at least two years for the sake of comparability.
It will be important for the company in presenting its financial statement using the IFRS for the year ended December 31st 2018 to show the financial statements for the year ended 31st December 2017 as if it had always applied the IFRS.
The basic idea is to show in the financial statements the effects of adopting the IFRS from a preceding period in order for the entity to show the financial statement for 2017 and 2018 and be able to compare them having been prepared on the same basis.
Thus, the transition date will be the beginning of the preceding period when the IFRS was applied (1st Jan. 2017 oe 31st Dec. 2016).
I hope this explanation makes the concept easy to grasp.
Thank you.