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3 years ago

Why is it important to know the interest rate on your credit card?

1 answer:

3 0

A

When you go into credit (the red) you basically loan money which means that you have to pay a "fine" called interest. so the more you loan and depending on the type of loan, the more interest you will pay.

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Condor Airplane Company has built a new model jet aircraft which it intends to sell to high net worth clients. This aircraft req

igomit [66]

Answer:

11,303 Hrs

Explanation:

Now here, we can use the learning curve formula, which is as under:

Y = a * X^ (log of learning rate / log 2)

Here

Y is the average time taken by each unit

a is the time taken by the first unit which is 25000 hrs

X is the number of units to be produced which is 16 unit (Including the first unit)

Learning Rate is given and is 82%

So by putting values we have:

Y = 25,000 hrs * 16 ^ (Log 0.82 / Log 2)

Y = 25,000 * 16^(-0.2863)

Y = 25,000 * 0.45212 = 11,303 Hrs

4 0

3 years ago

Taylor Inc. has some material that originally cost $65,500. The material has a scrap value of $56,300 as is, but if reworked at

fgiga [73]

Answer:

-$2,350

Explanation:

In this question, we have to compare the cost which is shown below:

If we considered the reworked cost, then the sales would be

= Sales - reworked cost

= $55,700 - $1,750

= $53,950

And the scrap value is $56,300

So, the financial disadvantage would be

= Sales without reworked cost - scrap value

= $53,950 - $56,300

= -$2,350

All other information which is given is not relevant. Hence, ignored it

5 0

3 years ago

Firm a is a new producer in the market for good x, which is characterized by linear demand and supply curves. initially, to at

Sladkaya [172]

I believe the information above is best supported by; the fact that producer surplus will increase if the price rises from $ 8 per unit to $10. This is due to the fact that there is a shortage in the market therefore demand will increase, this results to customers wanting to buy at a higher price than the initial cost, to satisfy their demand and need

7 0

3 years ago

Identify the correct order of the four steps used to prepare a production cost summary (report). 1)Summarize the cost flow of ph

Veronika [31]

Answer:

The answer is "Option C".

Explanation:

The Costs of production relate to the price of a company producing or producing a service, which can include the range of expenditures, like labor, manufactured goods, supplies of items, and expenses. It has mainly four steps that can be defined as follows:

Complete the physical unit flow.
Measure the production unit's equivalent.
Compare the value per unit for output equivalent.
Assign costs to finished units and manufactured units.

5 0

2 years ago

Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales $ 6,620 Cost of goods sold 4,240 Depreciation 355 Earnings before

Mademuasel [1]

Answer:

1.59 times

Explanation:

Average total assets = Beginning total assets + Ending Total assets / 2

Average total assets = 6,470 + 6,705 / 2

Average total assets = $6,587.5

Beginning Total equity = Common stock + Retained earnings

Beginning Total equity = $3,240 + $3,080

Beginning Total equity = $6,320

Ending Total equity = Common stock + Retained earnings

Ending Total equity= $880 + $1,130

Ending Total equity = $2,010

Average total equity = Beginning Total equity + Ending Total equity / 2

Average total equity = $6,320 + $2,010 / 2

Average total equity = $4,165

Equity multiplier for 2017 = Average total assets / Average total equity

Equity multiplier for 2017 = $6,587.5 / $4,165

Equity multiplier for 2017 = 1.581632653061224

Equity multiplier for 2017 = 1.5816 times

7 0

3 years ago