Answer:
b. $461,820
Explanation:
The computation of the amount reported in the balance sheet is shown below:
But before that we need to find out the amortization of discount which is
= Purchased value of bond × interest rate of return - face value of bond × interest rate
= $456,200 × 10% - $500,000 × 8%
= $45,620 - $40,000
= $5,620
Now the amount reported is
= Purchased value + discount amortization
= $456,200 + $5,620
= $461,820
Hence, the option b is correct
Answer:
c. the benefits derived from training relative to the costs incurred.
Explanation:
The word "utility" is a reference to the benefits of a project or proposal in relation to the monetary costs involved in carrying out this project. In other words, the benefits an individual will earn from the project will be proportional to the amount that the individual will pay to participate in the project.
Answer:
D. A and C only
Explanation:
According to the law of supply: There is a direct or positive relationship between price of goods & services and quantity supplied in the market. It says that if price of goods increases in the market, then supply of goods also increases, which help the supplier to gain more profit out of high price in the market. It show upward slope of supply curve in the graph, which is positive relation of quantity supplied and price of goods.
Answer:
The company's loss on the contract is $750.
Explanation:
a) Data and Calculations:
Future Contract of 15,000 pounds frozen concentrate:
March 2018 orange juice futures price = 120 cents per pounds
December 2016, the futures price = 140 cents
December 2017, the futures price = 110 cents
February 2018, the futures price = 125 cents
Loss on futures contract = (125 - 120) * 15,000 = $750
b) This futures contract for frozen concentrate is a contract between two parties where both parties agree to sell and buy 15,000 pounds of frozen concentrate at a predetermined price of 120 cents per pound in March 2018, although the contract was entered into in September 2016.
The difference between monopolistic competition and pure competition is that compared to pure competition, monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
<h3>What is Monopolistic Competition?</h3>
In Monopolistic competition, there are many producers and consumers in the marketplace and all firms have a degree of market control.
The difference between monopolistic competition and pure competition is that monopolistic competition has fewer firms, product differentiation, some price control, and relatively easy but not barrier-free entry.
Therefore, C is the correct option.
Learn more about the monopolistic competition here:
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