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3 years ago

The difference between what a firm charges for a product and the variable costs of that product is known as:

Business

1 answer:

kondor19780726 [428]3 years ago

7 0

Contribution per Unit is difference between what a firm charges for a product and the variable costs of that product

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Suppose that today you buy a bond with an annual coupon rate of 10 percent for $1,120. The bond has 17 years to maturity. What r

andre [41]

Answer:

8.63%

Explanation:

The expected rate of return on the bond can be determined using a financial calculator bearing in mind that the calculator would be set to its end date before making the following inputs:

N=17(number of annual coupons in 17 years)

PMT=100(annual coupon=face value*coupon rate=$1000*10%=$100)

PV=-1120(the current price is $1,120)

FV=1000(the face value of the bon is $1000)

CPT

I/Y=8.63%

EXCEL APPROACH:

=rate(nper,pmt,-pv,fv)

nper=N=17

=rate(17,100,-1120,1000)

rate=8.63%

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2 years ago

When the balance of an equity account, like Capital Stock, increases, it means that the account has been: Multiple Choice Deposi

Soloha48 [4]

Answer:

Credited

Explanation:

Equity Account increase on the credit side and decrease on the debit side.

So, when the account increased, we say it has been credited. This means further stock has been issued to new or existing owners.

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3 years ago

Select the correct answer. Clarence has an interview with the General Manager of a hotel for the position of a restaurant manage

STALIN [3.7K]

B because it shows their serious

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3 years ago

Read 2 more answers

Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look

DaniilM [7]

Answer:

1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.

2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.

3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.

Explanation:

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2 years ago

When auditing an entity's financial statements in accordance with government auditing standards (the yellow book), an auditor is

frez [133]

Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.

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2 years ago