I HAVE seen two pretty best friends..
True.
Torts are "bad acts" and tort law provides remedies for dealing with them in life and business.
Answer:
"$71" is the correct answer.
Explanation:
Given:
Number of units,
= 5,000
Direct material,
= 55,000
Direct labor,
= 160,000
Variable overhead,
= 75,000
Fixed overhead,
= 65,000
Now,
The total relevant costs will be:
=
=
= ($)
hence,
The relevant cost per unit will be:
=
=
= ($)
Answer:
A. If money is worth 10% compounded annually, $1,100 due one year from today is equivalent to $1,000 today
Explanation:
this point is easily calculated, the key is to see the word compounded anually, so here is asked to calculate a present value:
so PV =1.000
the others oprions are not true because of:
B. accumulating interest is not discounting, because accumulating refers to receive/pay interest in the future, discounting is the process in which interest is paid today
C. this is also not true, and it not make sense at all a discount rate doesn´t implies a higher present value, it is because it uses the contrary formulas of accumulating.
D. this is not true is the opposite, it means that closer to due date the present value increases beacause it gets closer to what you have to pay.
Answer:
$22,000
Explanation:
Current liabilities are debts that a company must pay within a twelve month period.
This company's current liabilities are:
- Accounts payable $15,000
- Interest payable $7,000
Total current liabilities = $15,000 + $7,000 = $22,000
Since the note payable is due in 18 months, it is not considered a current liability.