Answer:
increase in total variable cost.
Explanation:
Variable costs change depending on the company's total output. If the output decreases, the variable costs will decrease, if the output increases, the variable costs will increase, e.g. materials. On the other hand, fixed costs do not vary depending on the company's output, that is why they are fixed, e.g. rent, depreciation.
Depository, Contractual And Investment I Think
Answer:
The correct answer is letter "C": $75.
Explanation:
The outstanding balance in a credit card represents the amount of money the account holder used out of the credit limit of the card. It also represents the debt the cardholder has with the financial institution that issued the card. The full credit limit will be available once the outstanding balance is paid off.
Thus, if the credit limit of a card is $800 and its outstanding balance is $725, the account holder can use $75 ($800-$725 = $75) for the upcoming month.
Answer:
The correct answer is option c.
Explanation:
Because of a hurricane, there is a sense of pessimism among the consumers regarding their future incomes. This sense of pessimism would cause consumers to reduce their spending and save money for the future.
This causes the consumption expenditure to decline. This reduction in the consumption expenditure will cause the aggregate demand to decrease as well. This will cause the aggregate demand curve to move to the left.
This leftward shift in the aggregate demand curve will further cause the equilibrium price and quantity to decline.
Answer:
Dr Bonds payable $50,700
Dr premium on bonds payable $4,265
Cr Cash $53,000
Cr gain on bonds retirement($50,700+$4,265-$53000) $1,965
Explanation:
The premium yet to be amortized on the bond at retirement is the carrying value minus face value i.e $54,965-$50,700=$4265
The premium on bonds payable would now be debited with $4265
The cash paid on retirement would be credited to cash account
The face value of the bonds payable of $50,700 would be debited to bonds payable in order to show that the obligation has been discharged.
