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ivolga24 [154]
3 years ago
6

When people buy more of a certain good as they get more money, this good is considered

Business
2 answers:
MakcuM [25]3 years ago
8 0

Answer:

Consumer goods

Explanation:

jeka943 years ago
4 0

Answer:

The answer is Normal - APEX

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Short Term Inc. has issued zero-coupon bonds that mature in one year. The returns from holding these bonds have a beta of 0.25.
Nataly [62]

Answer:

1. Current bonds price = $81.86.

2. Yield to maturity  = 22.16%.

3. 3.  Expected Return = 7.5%.

Explanation:

Required Rate = Rf + beta*MRP

          = 5% + 0.25*(15% - 5%)

       = 5% +0.25*10%

              = 5% + 2.5% = 7.5%

 Required Rate = 7.5%

  Expected Future Value = 70% x $100 + 30% x $60

       = (0.7*$100) + (0.3*$60)

       = $(70+18) = $88

    Expected Future Value = $88

1.  Current bonds price = 88/1.075 = $81.86

2.  Yield to maturity = 100/81.86 - 1 = 1.22159785-1 = 0.22159785 =   22.159785% = 22.16%

3.  Expected Return = 7.5%

6 0
4 years ago
PeopleMag sells a plot of land for $100,000 to Seven Star Company, its 100 percent owned subsidiary, on January 1, 20X7. The cos
Kaylis [27]

Answer:

PeopleMag cannot report a gain on the sale of land for 2007 or 2008 in the consolidated financial statements

Explanation:

PeopleMag cannot report a gain on the sale of land for 2007 or 2008 in the consolidated financial statements. The land must be reported on the consolidated balance sheet at its original cost of $75,000. The intercompany gain is unrealized and is eliminated. In 2009, the entire gain of $45,000 ($120,000 - $75,000) is realized and recognized when the land is sold to an outside party.

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3 years ago
In zimbardo’s prison study, male college students agreed to participate in a two-week experiment to discover what would happen w
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6 0
3 years ago
"estimated data for lorien company for year 1 are as follows: total manufacturing overhead: $650,000 direct labor hours: 130,000
sattari [20]

Answer: Lorein company's actual manufacturing overhead is greater than applied manufacturing overhead, so overhead has been under-applied to the extent of $100,000.

We have:

Estimated Manufacturing overhead = $650,000

Estimated Direct Labor hours = 130,000 hours

Actual Manufacturing Overhead = $650,000

Actual Direct Labor hours = 110,000 hours.

<u>Calculation of Estimated (Predetermined) Overhead rate:</u>

Estimated overhead rate =\frac{Estimated overhead}{Estimated labor hours}

Estimated overhead rate = $5 (650,000/130,000)

<u>Calculation of Applied manufacturing overhead:</u>

Applied overhead = Estimated overhead rate * Actual production hours [/tex][tex] Applied overhead = $550,000 (5 * 110,000)

<u>Calculation of underapplied or overapplied manufacturing overhead:</u>

Under or over applied overhead = Actual Overhead - Applied Overhead

If actual overheads are less than applied overheads, then overheads have been over-applied.

If actual overheads are more than applied overheads, then overheads have been under-applied.

In this case,

Actual overhead - Applied overhead = 650000 - 550000 = $100000

5 0
3 years ago
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