Grace period is a period of time before the credit card company starts charging late fees.

One of the four conditions for perfect competition is few sellers and buyers. True or False

KiRa [710]

The answer you are looking for is: 
True
hope that helps!!
 have a wonderful day!!

8 0

3 years ago

Dubberly Corporation's cost formula for its manufacturing overhead is $31,600 per month plus $52 per machine-hour. For the month

Ganezh [65]

Answer:

The activity variance for manufacturing overhead in March would be closest to $6240

Explanation:

As per given Data

Total overheads = $31,600 + (Machine hours x $52)

Bu using this equation we will calculate the activity variance

Planned machine hours = 8,100 hours

Placing value in the formula

Planned Manufacturing overheads = $31,600 + ( 8,100 hours x $52 )

Planned Manufacturing overheads = $452,800

Actual machine hours = 7,980 hours

Applied Manufacturing overheads = $31,600 + ( 7,980 x $52 )

Applied Manufacturing overheads = $446,560

Activity Variance for manufacturing overhead = Planned Manufacturing overheads - Applied Manufacturing overheads

Activity Variance for manufacturing overhead = $452,800 - $446,560 = $6,240

5 0

3 years ago

AT the beginning of the day stock XYZ opened at $6.25. At the end of the day it closed at $5.95. What was the rate of change of

maria [59]

The stock went down 4.8%

Rate of Change of a stock is (New price - old price/ old price) *100

5.95-6.25 / 6.25 * 100

-.3/6.25 *100

-.048 *100 = -4.8%

8 0

3 years ago

Read 2 more answers

Crimson Corp. has a component that is a discontinued operation. The component incurred a loss from operations of $40,000. The co

zavuch27 [327]

Answer:

$60,000 income tax benefit

Explanation:

Since Crimson Corp. had a loss from operations and sold the asset for a loss we know that they lost money with the asset and an income tax benefit was generated. To calculate the income tax benefit we need to add both losses: $40,000 (operation) + $160,000 (sale) = $200,000 in total losses.

$200,000 x 30% = $60,000 income tax benefit

6 0

3 years ago

Your father is now planning to retire, and his employer has promised him a guaranteed, but fixed, income of $50,000 per year for

ohaa [14]

Answer:

(C) 18,844.47

Explanation:

You need to use the Inflation-Adjusted Return formula:

$InflationAdjustedReturn=\frac{1+return}{1+inflationrate}-1$

So, basically you need to calculate it year by year. You can use excel, or an online calculator. I will attached you a link where you can find a good one. But this would be the process

$InflationAdjusted ReturnYear1=\frac{1+return}{1+inflationrate}-1=\frac{1+50000}{1+0.05}-1=47,619$

$InflationAdjusted ReturnYear2=\frac{1+returnyear1}{1+inflationrate}-1=\frac{1+47,619}{1+0.05}-1=45,351$

$InflationAdjusted ReturnYear3=\frac{1+returnyear2}{1+inflationrate}-1=\frac{1+45,351}{1+0.05}-1=43,192$

And so on...

$InflationAdjusted ReturnYear20=\frac{1+returnyear19}{1+inflationrate}-1=\frac{1+19,787}{1+0.05}-1=18,844$

Keep in mind that I did not write all decimals. You need to consider them if you want an exact answer

Online calculator:

https://www.ameriprise.com/research-market-insights/financial-calculators/savings-taxes-inflation/

3 0

3 years ago