Answer: the quantity demanded of financial capital at any given interest rate will shift to the right.
Explanation: Demand for financial capital depends on the rate of interest in the financial market as well as only ability to pay of the borrower. If the borrower is sure that they will be able to successfully repay the loan then they will demand more loans from the financial market.
Therefore, when consumers and businesses have greater confidence that they will be able to repay in the future, they will demand more loans and the the quantity demanded of financial capital at any given interest rate will shift to the right.
Answer:
$20,000 Favorable
Explanation:
As for the provided information, we have:
Sales Volume Variance is defined as the variance arising due to difference in sales quantity based on standard price.
Formula for the above = (Actual Sales - Budgeted Sales) Standard Price
= (5,500 - 5,000) $40
= $20,000
This variance shall be categorized as favorable, as the actual sales quantity is more than the static budgeted quantity.
Therefore, Sales Volume Variance = $20,000 Favorable
Answer:
2.4 years
Explanation:
Years Cash Cumulative Cashflow
1 8000 8000
<u>2 6000 14000</u>
3 5000 19000
4 4000 25000
5 <u>5000</u> 30000
<u>30000</u>
Payback period = 2 years + (16,000 - 14,000) / 5,000
Payback period = 2 years + 0.4 years
Payback period = 2.4 years
Answer: 770,000 units
Explanation:
The Equivalent units for Conversion cost is calculated as:
= Total units completed and transferred out + Equivalent units of closing work in process
As the conversion costs were incurred uniformly during the process, the entire closing work in process would have already incurred conversion cost. Conversion cost closing equivalent units are therefore 80,000 units.
Equivalent units for Conversion cost = 690,000 + 80,000
= 770,000 units
Answer:
See explanation below
Explanation:
For this case we just have two possibilities
1) Positive relationship and that happens when the two variables analyzed, let's say x and y are growing up, increasing or moving at the same direction and we sill see that if we calculate the slope between any two points with:
We will see a positive value.
2) Negative relationship that's totally oppose from the definition of positive relationship, on this case we have that if one variable increase the other decrease, the relation is not proportional, is inversely proportional usually, and we will see that the two variables let's say x and y are moving in opposite directions. And if we calculate the slope betwen two point with:
We will see a negative value.