Answer:
$24,000 gain
Explanation:
Dr Cash 3,120,000
Cr Bonds payable 3,000,000
Cr Premium on bonds payable 120,000
premium amortization per coupon = $120,000 / 20 periods = $6,000
a total of 11 coupons were paid = $6,000 x 11 = $66,000
carrying value of the bonds = $3,054,000
gain/loss on retirement of bonds = carrying value - retirement value = $3,054,000 - $3,030,000 = $24,000 gain
The right answer to fill the blank is pipeline. Pipeline transportation is <u>a method of transporting goods or material through a pipe. </u>
This method of transportation is commonly used for transporting petroleum, gas, water, and even beer. When transporting liquid or gaseous object, it is best to use this because it has a higher frequency compared to other modes of transportation.
The correct answer is 2.4.
The simplest way to define elasticity of demand is by using the following formula:
Elasticity of Demand = Change in Demand / Change in Prices
Then, in our question we have:
Demand Elasticity = 12% / 5% = 2.4
Why is it called elasticity of demand?
An elastic product is one in which demand significantly shifts in reaction to price fluctuations. In other words, the product's demand point has expanded significantly from its earlier point. It is inelastic if the amount purchased fluctuates little when the price of the good or service changes.
What Does elasticity of demand tells us?
It reveals how much the quantity needed alters in response to pricing changes made by the company. The price elasticity of demand explains how the amount sought in the market changes when the price changes if we are evaluating a market demand curve.
Learn more about elasticity of demand: brainly.com/question/23301086
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Well, Almost every bank requires you to present a valid government-issued photo ID when opening a checking account. This verifies that you are who you say you are and allows the band to match your name to your face.... other for.s of government-issued ID include a valid password passport or a U . S military identification card.
Hope this helps!
Answer:
955 unit
Explanation:
Data provided in the question:
Selling price per unit = $670
Variable cost per unit = $250
Total fixed costs = $327,600
Income tax rate = 35%
After tax Desired profit = $47,775
Now,
Before tax profit = [ After tax Desired profit ] ÷ [1 - Tax rate ]
= $47,775 ÷ [1 - 0.35 ]
= $73,500
Contribution required = Total fixed costs + Before tax profit
= $327,600 + $73,500
= $401,100
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $670 - $250
= $420
Therefore,
No of unit required to be sold
= [ Contribution required ] ÷ [Contribution margin per unit ]
= $401,100 ÷ 420
= 955 unit