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kakasveta [241]
4 years ago
14

"and agreed to accept a 3-month, $64,000, 15% interest-bearing note in payment at a time when the prevailing rate of interest fo

r similar transactions was 15%. When the note was collected upon maturity, Parson would recognize interest revenue of"
Business
1 answer:
Kamila [148]4 years ago
7 0

Answer: Interest value on the note is $2,400

Explanation: Notes are investments with specified time and interest rate.

the above stated note has the following:

Principal: $64,000

Interest rate: 15%

Tenor = 3 months

Calculation of interest on principal

= 64,000* 15%*3/12

=64,000*0.15*0.25

= 2,400

Interest accrued for the period on the note is $2,400

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The GDP deflator for this year is calculated by dividing the using by the using and multiplying by 100. However, the CPI reflect
inysia [295]

Hello. You forgot to provide the answer options. The options are:

"A) value of all goods and services produced in the economy this year  B) This years prices  C) value of all foods and services produced in the economy this year  D) the base year's prices  E) bought by consumers"

Answer:

The GDP deflator for this year is calculated by dividing the  value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.

Explanation:

GDP deflator is an economic term that means "implicit price deflator". This term is defined as the price measure for any and all goods and services produced within the country, in the year in question. GDP, in turn, is directly related to this, since it represents the monetary value that each of these goods and services produced during that same year.

The GDP deflator is directly related to the CPI, which is another economic term intended to represent the consumer price index. Through the CPI, the GDP deflator is able to measure the inflation or deflation that occurred in the national economic sector for a given year.

The GDP deflator for this year is calculated by dividing the  value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.

6 0
3 years ago
Stock Company has 2,000 units in beginning work in process inventory, 20% complete as to conversion costs, 23,000 units transfer
ss7ja [257]

Answer:

B. 26,000, 24,000.

Explanation:

Stock Company

Equivalent units

Particulars                 Units       % of Completion           Equivalent Units

                                                   Mat. Conversion          Mat.  Conversion

Transferred Out      23000         100         100           23000      23000

<u>Ending WIP              3000            100       331/3%       3000        999.9= 1000</u>

<u>Total Equivalent units                                                  26000        24000</u>

<u />

The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.

Equivalent units for materials 26000

and Equivalent units for conversion are: 24000

3 0
4 years ago
Unions contribute to a. cyclical unemployment. b. frictional unemployment. c. structural unemployment. d. seasonal unemployment.
sveticcg [70]

Answer:

The correct answer is d. c. structural unemployment.

Explanation:

Structural unemployment is due to the fact that the number of existing jobs is insufficient to give employment to everyone who wants a worker (active population).

When a union raises wages above the equilibrium level, it increases the supply of employment and reduces demand. This generates unemployment.

• Internal workers benefit from  high salaries earned in negotiation  collective

• External workers have difficulties in  find a job or have to accept a job in a non-union company.

4 0
3 years ago
Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are:__
Sindrei [870]

Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are a better reflection of current value than historical value. the correct answer is option(b).

Market capitalization is frequently used to refer to market value, which is the price an asset commands on the market. Because they depend on a variety of variables, including the physical working environment, the overall state of the economy, and the dynamics of supply and demand, market values are dynamic in nature.

An asset's book value is determined by the balance in its balance sheet account. Asset values are determined by subtracting any depreciation, amortization, or impairment expenses from the asset's initial cost.

Since market value includes profitability, intangibles, and potential for future growth, it typically exceeds book value for a company. The net asset value investors receive when they purchase shares is measured using book value per share.

The complete question is:

Financial economists prefer to use market values when measuring debt ratios because:

  1. market values are more stable than book values.
  2. market values are a better reflection of current value than historical value.
  3. market values are readily available and do not have to be calculated like book values.
  4. market values are more difficult to calculate which makes financial economists more valuable
  5. None of these.

To know more about  market values refer to: brainly.com/question/19131751

#SPJ4

6 0
2 years ago
Tracy wants to start her own business, but knows little about how to set up an accounting system or interpret financial informat
german

Answer:

The best response to Tracy's comments is:

B.  Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.

Explanation:

Here in the given question it is mentioned that Tracy is wanting to start her own business but she has a very little knowledge about how to setup an accounting system and how the financial interpretation is been done.

So, she tells her friends that she is not at all worried about accounting. For this purpose she will be hiring a part time book keeper who will be handling all her stuff and who will also help her in focussing her attention in the different and innovative ideas of satisfying her customers.

Therefore, the best response to Tracy's comments can be given by:

B.   Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.

7 0
3 years ago
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