The DISCOUNT rate represents the interest rate charged by the fed when loaning funds to member banks. The discount rate is the minimum interest rate set by the United States Federal Reserve when loaning money to other banks. Discounting has to do with determination of the present value of a payment and the stream of payment that will be received in the future; it takes into account both the present and the future value of the payment.
School rules are similar to federal laws because they both (try) to restrict people from doing harmful or bad things. A typical American high school with out rules, or any consequences for breaking them would be anarchy. Kids could bully one another, fight each other, ruin school property with spray paint, fire, etc. They also might not do their homework, or school work in general. It depends on the kid with out rules. Some kids might go crazy, some kids might stay calm and collected.
Answer:
The products use different amounts of different processes in different departments
Explanation:
Plant Wide overhead rates is basically a single rate that is used to assign to the company's manufacturing overhead costs. This is best used when a company produces single product. On the other hand, if the manufacturing of different products with use of different processes is being done then using plant wide rate (which applies only a single rate) might not be appropriate.
The activities of the diversified products would have a high correlation with regard to the input of overheads. Therefore, the departmental overhead rates are preferred when the products use different amounts of different processes in different departments.
Answer:
The answer is I, II
Explanation:
Common-size ratio is a way of expressing each line item of a financial statement as a percentage of a selected line item.
For income statement, each line item is expressed as a percentage of net sales or revenue.
For balance sheet, each line item is expressed as a percentage of total assets.
Both I and II are correct because they are expressed as a percentage of total assets and it is a balance sheet
III is wrong because net profit margin is expressed as a percentage of sales
