Answer:
15%
Explanation:
The maximum rate of return that would be paid to borrow an additional $4,000 needed can be calculated as

Rate of return = $600/$4000
Rate of return = 0.15 or 15%
NOTE: The amount of interest is the difference of interest earned at higher yield and interest earned at a lower yield.
Interest earned (higher yield) = $10,000 x 8%
Interest earned (higher yield) = $800
Interest earned (lower yield) = $14,000 x 10%
Interest earned (lower yield) = $1,400
Difference = $1,400-$800
Difference = $600
Answer:
$26
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
(2.5 x 1.04) / ( 0.14 - 0.04) = $26
Answer:
procedure
Explanation:
Procedure -
It refers to the various step , in a proper order , for the complete project or any activity , is referred to as a procedure .
The procedure is written in a very orderly fashion in order to explain all the steps in a very brief manner .
A proper set of instruction is very important to complete any specified task successfully .
Hence , from the given information of the question ,
The correct answer is procedure .
If people lost confidence in the government which would have the least value?
a) fiat money
b) representative money
c) commodity money
d) gold standard
Answer:
Fiat money
Explanation:
Fiat money is a type of money or currency that is used as money because it is issued and backed by the government but it does not have any intrinsic value.
It has no intrinsic value which means that it does not have any value of its own and it is maintained by the government. Therefore, If people lost confidence in the government the kind of money that would have the least value is fiat money
Answer:
Variable manufacturing overhead rate variance= $496 favorable
Explanation:
Giving the following information:
Standard:
Variable overhead 0.5 hours $ 8.00 per hour
The company produced 6,200 units using 2,480 direct labor-hours. The actual variable overhead rate was $7.80 per hour.
To calculate the variable overhead rate variance, we need to use the following formula:
Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
Variable manufacturing overhead rate variance= (8 - 7.8)*2,480
Variable manufacturing overhead rate variance= $496 favorable