Answer:
Option (A) is correct.
Explanation:
Given that,
Amount paid to retire a note = $75,000
Face value of a note = $83,000
Coupon rate = 8% (Paid semi-annually)
Net book value of a note = $68,200
The net gain or loss on the redemption of the note is determined by the difference between the net book value of the note and the amount paid to retire the note. A negative amount indicates that there is a loss on the redemption and a positive amount indicates that there is a gain on the redemption.
Net gain or loss:
= Net book value of a note - Amount paid to retire a note
= $68,200 - $75,000
= -$6,800
Therefore, there is a net loss of $6,800 on the redemption of the note.
Answer:
d. Assets - Liabilities = Stockholders' Equity.
Explanation:
The principle of double entry booking rests upon the accounting equation. the accounting equation states that (where correct and accurate accounting books are kept), the total asset of a corporation must equal the addition of the corporation's total liabilities and Stockholders' equity.
The following is the basic formula for accounting equation
Assets = Liabilities + Stockholders' equity
Rearranging the above basic equation, we have the alternative form of the accounting equation.
Assets = Liabilities + Stockholders' equity
Subtract Stockholders' equity from both sides of the equation
Assets - Stockholders' equity = Liabilities + Stockholders' equity -
Stockholders' equity
Assets - Liabilities = Stockholders' equity
In the selling concept business model, Promotion the four elements of the marketing mix is most heavily emphasized.
The concept of marketing deals with the idea of meeting customer needs through products as a solution to customer problems (needs). The concept of marketing represents a fundamental change in today's corporate orientation that forms the basis for achieving competitive advantage.
The concept of marketing refers to the strategy marketers use to target their customers, but it also helps cool the competition by maximizing profits through increased sales.
A production-based sales concept that does not consider the customer. The marketing mix concept is based on producing products that customers need and satisfying them.
Learn more about marketing mix at
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Answer:
marginal revenue product = $2,500 for the 10 additional workers
Explanation:
The marginal revenue product is the amount of revenue generated by adding a certain number of workers into the production process. The marginal revenue product (MRP) is calculated by multiplying marginal product times the selling price
- the marginal product of the 10 additional workers = 50 shirts per day
- price per shirt= $50
MRP = 50 shirts x $50 per shirt = $2,500
to determine the MRP per worker = $2,500 / 10 workers = $250
The options are:
A switching production to products that absorb the least amounts of fixed manufacturing costs
B undervaluing ending inventory by not recording certain costs that have been incurred
C delaying items that absorb the greatest amount of fixed manufacturing costs
D switching production to products that absorb the most amounts of fixed manufacturing costs
E deferring maintenance to accelerate production
Answer:
deferring maintenance to accelerate production
Explanation:
In the production process if we want to increase operating income we need to reduce cost.
Producing for inventory to reduce cost involves production process that minimises what a business spends in order to increase profit.
A way this can be done is to defer or delay items increase cost of production.
For example if we defer maintenance to increase production, it will result in higher operating income.
