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3 years ago

Which of the following statements is CORRECT? Group of answer choices

Business

1 answer:

solong [7]3 years ago

6 0

Answer:

The answer is A

Explanation:

a. Two bonds have the same maturity and the same coupon rate. However, one is callable and the other is not. The difference in prices between the bonds will be greater if the current market interest rate is below the coupon rate than if it is above the coupon rate.

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Which of the following would an economist classify as capital? Group of answer choices lawyer's computer. $50 bill. 100 shares o

snow_tiger [21]

Answer:

lawyer's computer.

Explanation:

For the economist a stock is capital that can earn income or good that person holds and can sold for a particular price.

In this case the lawyer's computer is a good that the lawyer owns and can be exchanged for money. Also the lawyer can use the computer to help treat court cases thereby earning income.

8 0

2 years ago

On February 20, services valued at $60,000 relating to the organization of a corporation were performed in exchange for 1,000 sh

Ganezh [65]

Answer:

Explanation:

The journal entry is shown below:

On February 20

Organization expense A/c Dr $60,000

To Common Stock A/c $25,000 (1,000 shares × $25)

To Paid in capital in excess of par-Common Stock $35,000

(Being the organization expense is recorded and remaining balance is credited to the Paid in capital in excess of par-Common Stock)

3 0

3 years ago

Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assem

Ivahew [28]

Answer:

Results are below.

Explanation:

Giving the following information:

Supervisor salaries $117,000 per month

Depreciation $21,000 per month

Direct labor rate $15 per hour

Cabinets per hour= 60/20= 3

We need to determine the flexible budget for different production levels:

12,000 units:

Total direct labor hours= (12,000 / 3)= 4,000 hours

Total variable cost= 4,000*15= 60,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $198,000

15,000 units:

Total direct labor hours= (15,000 / 3)= 5,000 hours

Total variable cost= 5,000*15= 75,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $213,000

18,000 units:

Total direct labor hours= (18,000 / 3)= 6,000 hours

Total variable cost= 6,000*15= 90,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $228,000

3 0

2 years ago

Demand pull inflation can be started by A. an increase in the price of oil B. a decrease in the quantity of money. C. an increas

devlian [24]

Answer:

Option "C" is correct.

Explanation:

An increase in government expenditure causes more money inflow on demand over supply.

6 0

3 years ago

How is cost of attendance (COA) determined at an institute of higher education?

Ivahew [28]

Answer:

Option C, It is an estimate of tuition fees, room and board, books, supplies and other expenses.

Explanation:

Cost of attendance attendance is the total cos incurred on an individual during an entire academic year by the institute. An institute take into account cost incurred on the following for determining COA-

a) tuition and fees

b) books and supplies

c) College infrastructure cost inclusive of room and board

d) transportation

e) scholarship etc.

Hence, option C is correct

8 0

2 years ago