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3 years ago

When businesses raise the price of a needed product or service after a natural disaster, this is known as .

2 answers:

6 0

When businesses raise the price of a needed product or service after a natural disaster, this is known as price gouging. Price gouging is something that businesses do after a natural disaster when they know consumers are going to need a specific product or service so they raise the price because they know people are going to buy it anyways. An example of this is when they raise gas prices after a natural disaster, knowing people still need gas.

Annette [7]3 years ago

3 0

Answer:

price gouging

and it sucks

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a. Ten years ago today, Excel Corp issued a regular coupon bond that had original maturity of 15 years. The bond pays interest s

Vlad [161]

Answer:

Total $1,271.0564

Explanation:

We have bond of 10 years ago, so the bond is left with 5 years of life

we need to calculate the present value ofthe cuopon payment:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50 (1,000 x 5%)

time 10 (5 years 2 payment a year)

rate 0.02 (4% annual divide by 2 to get semiannually)

$50 \times \frac{1-(1+0.02)^{-10} }{0.02} = PV\\$

PV $449.1293

and the present value of the principal

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1000

time 5

rate 0.04

$\frac{1000}{(1 + 0.04)^{5} } = PV$

PV $821.9271

We add both to get the present value ofthe bond

PV c $449.1293

PV m $821.9271

Total $1,271.0564

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3 years ago

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3 years ago

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $116,000 and expected direct labor hours of 11,600 for

Damm [24]

Answer:

Overhead= $17,000

Explanation:

Giving the following information:

estimated total factory overhead costs of $116,000

expected direct labor hours of 11,600

Job number 117 incurs 1,700 direct labor hours

First, we need to calculate the predetermined manufacturing overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 116,000/11,600

Predetermined manufacturing overhead rate= $10 per direct labor hour

Now, we can determine the amount of allocated overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10*1,700= 17,000

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