<h3>Answers:</h3><h2>(A) Face Value</h2><h2>(D) Maturity Date </h2><h3>Explanations:</h3>
- Par value, in finance and accounting, suggests stated value or face value. From this come the words at par (at the par value), over par (over par value) and under par (under par value).
- The maturity date is the date on which the principal value of a note, draft, receiving bond or another debt instrument becomes payable and is repaid to the investor and interest payments end. It is also the end or due date on which an instalment loan must be repaid in full.
Answer:
The correct answer is option C.
Explanation:
When we save we deposit it in the bank and do not loan it out directly. But the bank keeps a certain portion of it and lends out the rest to those who need credit. So, the savings that we deposit in the bank become the basis of credit creation.
That is why the statement about saving and lending given in the question is incorrect.
Well, since there's no options
Accounting : providing information regarding all financial aspects in the company
Marketing : determining kinds strategies to introduce company's products to the market
Management : Organizing all part of the company in order to reach company's goal
Answer and Explanation:
The computation is shown below;
a. Raw material price variance is
= (standard price - actual price) × actual quantity
= ($10 - $11) × ($69,300 ÷ $11)
= ($10 - $11) × 6,300
= $6,300 unfavorable
b. The raw material usage variance is
= (Standard quantity - actual quantity) × standard price
= (525 × 13 - 6,300) × $10
= $5,250 favorable
In this way it should be calculated
Answer:
increased
Explanation:
Data provided in the question:
Price of a gallon of gasoline in 1972 = $0.35
CPI in 1972 = 0.418
Price of a gallon of gasoline in 2005 = $2.25
CPI in 2005 = 1.68
Now,
Real cost in 1972 = [ Nominal cost in 1972 ] ÷ [ CPI in 1972 ]
= $0.35 ÷ 0.418
= $0.837
Real cost in 2005 = [ Nominal cost in 2005 ] ÷ [ CPI in 2005 ]
= $2.25 ÷ 1.68
= $1.34
Hence,
The price of gallon of gasoline increased between 1972 and 2005
