Answer:
TRUE
Explanation:
Marginal Benefit is addition to total benefit due to a business decision.
Marginal Cost is addition to total cost due to a business decision.
Marginal Benefit & Marginal Costs are determinants while considering a business decision. A decision will be taken if : Marginal Benefit ≥ Marginal Cost, as entrepreneurial decision maker would be better off or at least neutral while taking decision. If MB < MC , it is loss making for the entrepreneur to take that decision & hence is discouraged to take that.
The process being employed in the scenario above is called
quality control. This is a system being used in means of maintaining standards
with the use of testing out samples or products in order to check and maintain
the standards that has been implemented.
Answer: Option C
Explanation: The given question relates to the concept of time value of money which in simple words states that the value of money decreases over time. The value of a dollar today will be less than tomorrow.
Hence if a card holder gets grace period to pay the interest before the interest accrues than it means he actually gets to pay lower interest that he could have paid before.
Hence from the above we can conclude that the correct option is C.
Based on the fact that Forward Co. discarded a machine with cost $5,000, the entry to record this transaction in the books would include a credit to Machinery.
<h3>How do you dispose of fixed assets?</h3>
When fixed assets are to be disposed of, the accumulated depreciation upt to that point is looked at to calculate the net book value.
This would then show the company if they made a profit or a loss when they sold the fixed asset with a profit being made when the selling price is higher than the net book value.
Regardless of the price the fixed asset is sold at, the company would record a credit to the fixed asset (machinery) account to show that the fixed asset account is decreasing.
In conclusion, there will be a credit to machinery.
Find out more on disposing fixed assets at brainly.com/question/14542603
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Answer:
Term bond $725,000
Debenture bonds $775,000
Explanation:
Calculation to determine the total amounts of term bonds and debenture bonds
TERM BONDS
6.5% unsecured convertible bonds of $225,000
Add 4.875% guaranty secured bonds of $500,000
TOTAL term bond total $725,000
($225,000+$500,00
DEBENTURE BONDS
5.375% registered bonds of $550,000
Add 6.5% convertible bonds of $225,000,
TOTAL Debenture bonds $775,000
($550,000+$225,000)
Therefore the total amounts of term bonds will be $725,000 and debenture bonds will be $775,000
