Answer:
a. Compare the mean tensile strengths at the 95% confidence level.
Explanation:
Answer:
If interest rise, the price of bonds will decrease, therefore if people are expecting an increase in the interest rates, they will start to sell their bonds before their prices lower. This will increase the amount of money they hold and people will not invest in bonds until the interest rates actually increase and the price of bonds decrease.
Answer and Explanation:
As per the data given in the question,
Journal entries on July 1 and Dec. 31,2021
July-01 Investment in bonds A/C Dr. $300 million
Premium on bonds A/c Dr. $40 million
To Cash A/c $340 million
Dec-31 Cash A/c Dr. $10.5 million
($300 × 3.5%)
To Premium on bonds A/c $2.00 million
To Interest Revenue A/c $8.5 million
($340 × 2.5%)
Answer:
Option (B) is correct.
Explanation:
Given that,
Standard Price = $5
Direct material (Actual Price) = $4.9
Actual Quantity Purchased = 28,900
Materials price variance for January:
= (Standard Price - Actual Price) × Actual Quantity Purchased
= ($5 - $4.9) × 28,900
= $2,890 (Favorable)
Therefore, the materials price variance for January is $2,890 Favorable.
Answer:
$12,350
Explanation:
The operating cash flow is shown below:
= EBIT + Depreciation - Income tax expense
where,
EBIT = Sales - cost of good sold - depreciation expense
= $39,050 - $22,700 - $2,275
= $14,075
And all other items would remain same
Now put these values to the above formula
So, the value would equal to
= $14,075 + $2,275 - $4,000
= $12,350
