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icang [17]
4 years ago
10

Interest expense is: a. The effective interest rate times the amount of the debt outstanding at the beginning of the interest pe

riod. b. The stated interest rate times the amount of the debt outstanding at the beginning of the interest period. c. The effective interest rate times the face amount of the debt. d. The stated interest rate times the face amount of the debt.
Business
1 answer:
Crank4 years ago
6 0

Answer:

The correct answer is A

Explanation:

Interest expense is the expense, which is defined as the non- operating expense and it is represented on the income statement. It states the interest payable on the borrowings like lines of credit, loans, convertible debts or bonds.

The interest expense is computed as the interest rates multiply the outstanding principle amount of debt.

So, the interest expense is defined as the interest rate which is effective times the amount of debt outstanding during the interest period or starting of period.

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A certain town in the Midwest obtains all of its electricity from one company, North-star Electric. Although the company is a mo
Jlenok [28]

Answer:

False

Explanation:

Therefore, since the monopoly price is higher than marginal​ cost and also less than the competitive quantity is​ produced, there will be a deadweight loss even if all the profits are given back to the citizens.

A monopolist market qualities includes the charge of a higher price, produces a smaller quantity of output and gives or generate a dead weight loss to society. Usually for a monopoly to be achieved, price does not need to equal marginal cost. Monopolies is therefore not or cannot charge any price they want. .

4 0
3 years ago
Why is it that everyone cannot have everything they could possibly want?
Vaselesa [24]

because that would make you spoiled, and no one will like you. And some things aren't buyable

7 0
4 years ago
Continued losses in an industry will cause some firms to reduce output or eventually leave the industry.
Oliga [24]

The statement " Continued losses in an industry will cause some firms to reduce output or eventually leave the industry " is True

Explanation:

The goal of all businesses is to reduced risk and reduce expenses while retaining productivity and deliver a good product at a consistent rate and cost.

Although company owners know how much they can deliver under optimum organisational and financial conditions, this volume is seldom consistently produced by most firms. Unexpected events inevitably lead to less than the expected amount.

For example, a computer may stop working, and employees can stop producing while waiting for machine repairs. In other situations, production is slowed down or halted by planned events.

5 0
3 years ago
When a firm issues 50,000 shares with a par value of $5 for $22 per share, additional paid-in capital will:
Aloiza [94]

Answer:

The additional paid-in capital will increase by $850,000

Explanation:

Additional paid up capital: It is that paid up capital which is excess of par value. It is mentioned in the balance sheet when new shares is issued.

The computation of additional paid up capital are shown below:

= Difference of per share price × Number of shares

where,

difference = $22 - $5 = $17

So, the value equals to

= $17 × 50,000

= $850,000

So, the additional paid-in capital will increase by $850,000

6 0
3 years ago
The cost of all your ingredients for your cake is $3.49. Your consistently sell 150 cakes per week for $976 in total sales. What
stealth61 [152]

Answer:

54%

Explanation:

6 0
3 years ago
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