Answer:
$76,000
Explanation:
The calculation of the interest expense is shown below:
= Reported amount of cash paid for interest + Decrease in prepaid interest - decrease in accrued interest payable
= $70,000 + $23,000 - $17,000
= $76,000
The decrease in prepaid interest is classified as a current asset and the accrued interest payable is current liabilities and we know that the rise in current assets and a decline in current liabilities are excluded, while the decline in current assets and an increase in current liabilities are included.
Answer:
Explanation:
Average arrival rate, λ = 5 people in 15 minutes = 20 people in 60 minutes = 20 per hour
Average service rate, μ = 1 in 7 minutes = (60/7) per hour
The minimum number of servers required for a stable queuing system = λ / μ = 20 / (60/7) = 7/3 = 2.333
So, the minimum number of hosts that could be hired = 3 hosts
Activity ratios reflect the speed with which resources are converted to cash or sales.
Option E is correct answer .
Activity ratios :
Activity ratios measure how well a firm uses its assets. They reflect the speed with which resources are converted to cash or sales. A frequently used activity ratio is inventory turnover. The inventory turnover ratio measures the speed with which inventory moves through the firm and is became sales.
What is a high activity ratio?
A high ratio indicates that a corporation is using its total assets very efficiently or that it does not own many assets, to start with. a coffee ratio indicates that too much capital is tied up in assets and that assets are not being used efficiently in generating revenue.
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It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.
<h3>What is the
Keynes law?</h3>
The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.
The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.
In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.
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