Answer: b. a lower interest rate than
Explanation:
A protective convenant is also referred to as a restrictive covenant and it is referred to as an agreement whereby a particular company is restricted from doing certain things while a contract is still ongoing.
In this case, when a firm issues debt with no protective covenants in the indenture then the firm's debt will probably be issued at lower interest than similar debt with protective covenants. The reason for this is that the lender is protected when there is a convenant which ultimately lower the cost of debt.
Answer:
40.22 hours
Explanation:
The computation of the time taken as follows:
= 26 minutes × 91 units
= 2,366
In hours
= 2,366 ÷ 60 minutes
= 39.43
The total time taken for machine step is
= 16 + 23
= 39 minutes
So, the total time taken is
= 39.43 + 39 minutes
= 40.22 hours
A key distinction between the Keynesian and neoclassical economists is that Keynesians believe the economy exhibits a <u>flat</u> aggregate supply curve and neoclassicals believe it is <u>vertical</u>.
<h3>Who is John Maynard Keynes?</h3>
John Maynard Keynes was a famous British economist during the Great Depression and he was born on the 5th of June 1883. During the Great Depression, John Maynard Keynes advocated and promoted expansionary actions to encourage economic recovery.
<h3>What is a supply curve?</h3>
A supply curve can be defined as a type of chart that is used to graphically represent the total quantity of goods or services that are supplied to consumers at a given price.
Generally, a key distinction between the Keynesian and neoclassical economists is that Keynesian economists have a believe that the economy exhibits a <u>flat</u> aggregate supply curve while neoclassical economists believe it is <u>vertical</u>.
Read more on supply curve here: brainly.com/question/16447785
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Answer:
$300
Explanation:
Data provided as per the question
Increase in volume = $400
Wage rate = $100
The computation of marginal revenue is shown below:-
Marginal revenue = Increase in volume - Wage rate
= $400 - $100
= $300
Therefore for computing the marginal revenue we simply deduct wage rate from increase in volume. So, the marginal revenue is $300.
Answer:
Dr. Cr.
Employees Bonus Expense $15,000
Bonus Payable $15,000
Explanation:
Bonus is paid to employee on a decided amount or decided percentage or ratio. It is an expense for the organization and it should be recorded in the relevant period as per accrual concept even it is not paid. The Entry will be made as Bonus expense is debited and Bonus payable is credit because at the end of year it is unpaid.
