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Elanso [62]
2 years ago
9

The cost of using/borrowing money is reflected in the

Business
1 answer:
spayn [35]2 years ago
8 0
Interest rate? Repayment amounts? Length of time of loan? Smile on the face of the money lender? Might there be a little more to this quesition?
You might be interested in
The following information relates to current production of bench seats for boats at Aquamarine Manufacturing:
bearhunter [10]

Answer:

The operating income would be affected with a los off $716,000 besides the $95,000 that the company losses operating with the regular order.

Explanation:

Ok with the information provided lets set up the equations (we are going to separate the equations by regular order and especial order):

Regular order:

CT = 775,000 + 132X  (Total cost)

TR= 200X (Total Revenue)

OI = 68X - 775,000 (Operating Income)

Especial order:

CT = 785,000 + 117X  (Total cost)

TR = 140X (Total Revenue)

OI = 23X - 785,000 (Operating Income)

Now lets see how the operating income is with the production and selling of 10,000 bench seats:

OI = 68(10,000) - 775,000 = -95,000

This company operates at a loss of $95,000, now lets see how would operating income be affected by the especial order of 3,000 bench seats:

OI = 23(3,000) - 785,000 = -716,000

Another loss, so the operating income would be affected with a los off $716,000 besides the $95,000 that the company losses operating with the regular order.

6 0
3 years ago
Last year, Joan bought 50 pounds of hamburger when her household’s income was $40,000. This year, her household income was only
Norma-Jean [14]

Answer:

a. positive, so Joan considers hamburger to be an inferior good.

Explanation:

Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P

The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.

▲ Q = (60 -50/60) = 0,16

▲ Q = (40.000 - 30.000/40.000) = 0,25

Elasticity = ▲ Q / ▲ P  = 0,16/0,25 = 0,64

Therefore, the elasticity is positive.

This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.

8 0
2 years ago
Approximately how much of what employees know about their work is attributable to formal organizational training?
sesenic [268]

Options: A. 70% B.30% C.10% D.50%

Answer:10%

Explanation:Formal training is a type of training program conducted by formal Organisations where the employees are assembled in a classroom and are trained by professionals.

Most of the trainings taking place in Organisations are informal which doe not require any classroom activities,informal trainings are trainings which are that does not require any proper or well laid down procedures they are usually done ON THE JOB, or through APPRENTICESHIP etc.

5 0
3 years ago
assuming that prices rise over time, which inventory cost flow assumption will result in the lowest cost of goods sold?
12345 [234]

Answer: FIFO

Explanation:

3 0
2 years ago
If the interest rate on a savings account is 0.02%, approximately how much money do you need to keep in this account for 1 year
zavuch27 [327]

Answer:

$49,950

Explanation:

X = amount in account

Make (x times the interest rate) equal to the $9.99 you will need to earn to cover the fee.

.02%* x = 9.99

.0002x= 9.99 (Divide both sides by .0002)

x = $49,950

With such a small interest rate, you will need to have a large sum of money in order to earn enough to cover the fee.

8 0
3 years ago
Read 2 more answers
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