Answer:
the percentage in which the price of the dozen eggs rise is 89.58% or 90%
Explanation:
The computation of the percentage in which the price of the dozen eggs rise is shown below;
Percentage Change in Dozens egg price is
= (Price in 2017 - Price in 2000) ÷ Price in 2000 × 100
= ($1.82 - $0.96) ÷ $0.96 × 100
= 89.58% or 90%
Hence, the percentage in which the price of the dozen eggs rise is 89.58% or 90%
Answer:
Flexible budget cost materials and supplies= $2,720
Explanation:
In the flexible budget, we need to multiply the standard quantities by the actual activity.
<u>Standard cost formula:</u>
materials and supplies= 1,950 + 14*x
x= number of vehicles
<u>For 55 vehicles:</u>
Flexible budget cost= 1,950 + 14*55
Flexible budget cost= $2,720
Answer:
A banknote is a negotiable promissory note which one party can use to pay another party a specific amount of money. A banknote is payable to the bearer on demand, and the amount payable is apparent on the face of the note.
Answer:
T
Explanation:
<em>When preparing for a test, the most important first step is to determine what the test is all about. Thereafter, individuals can then design the mode of preparation that suits them in order to be successful in the test.</em>
Mode of preparation varies from individual to individual because intellectual ability also varies. While some absorb information quickly, others might require a considerable time before they can come to terms with information.
<u>The best answer from the choices is T, which means true.</u>
Answer:
a. they can be converted into stock at a future time.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.
Generally, the bond issuer is expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
A convertible bond can be defined as a type of bond that avails the bondholder the opportunity, right or obligation to convert the bond into a predetermined (fixed or specific) number of shares of common stock in the company issuing the bond. Thus, this feature or characteristics of convertible bonds make them attractive to bondholders (investors) because they can be converted into stock at a future time or at the issuer's option.
