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poizon [28]
3 years ago
9

If interest rates increase from 8% to 9½%, we would expect to see an

Business
1 answer:
____ [38]3 years ago
6 0

Answer:

a decrease in the demand for money

Explanation:

As the money is now more expensive because, holding cash in hand means not capitalize with the interest, the agents (families and business) will try to not have liquid money but, invest to achieve the better yields.

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What is the ending inventory for period 8 when the MPS is 0 units?
KatRina [158]

Answer:

Ending inventory  = 64 units

Explanation:

Given:

Ending inventory for period 7 = 89 units

Forecast demand for period 7 = 120 units

Forecast demand for period 8 = 20 units

Customer order for period 8 = 25 units

MPS = 0 units

Computation:

Ending inventory = Ending inventory for last period + MPS - maximum from (Forecast demand for Current period ,Customer order for current  period)

Ending inventory  = 89 units + 0 - maximum from (20 , 25)

Ending inventory  = 89 units -25 units

Ending inventory  = 64 units

6 0
3 years ago
On January 1, 2020, Echo Company issued $550,000, 16 year, 9%, annual, callable bonds for $475,000. On December 31, 2025, Echo C
Gnom [1K]

Answer:

1. Prepare the Journal Entry to record the Issuance of the Bond

January 1, 2020, bonds issued at a discount

Dr Cash 475,000

Dr Discount on bonds payable 75,000

    Cr Bonds payable 550,000

2. Determine the amount of the Discount/Premium that is still not amortized (using the Straight-Line Method)

total bond life = 16 years, 5 years have passed

amortization of bond discount per coupon payment = $75,000 / 16 = $4,687.50

so $51,562.50 have not been amortized yet

3. Prepare the Journal Entry to record the Retirement (Redemption) of the Bond.

Before being able to redeem the bonds, the remaining discount must be amortized:

December 31, 2025, amortization of bond discount

Dr Interest expense 51,562.50

    Cr Discount on bonds payable 51,562.50

the journal entry to record the redemption of the bonds

December 31, 2025, bonds redeemed at a loss

Dr Bonds payable 550,000

Dr Loss on retirement of debt 11,000

    Cr Cash 561,000

7 0
3 years ago
A service animal can. A) cat. B) Snake C) Miniature horse D) Kangaroo true or false
Taya2010 [7]
False, because you can't really use those animals for a service.
5 0
3 years ago
Read 2 more answers
A ________ is a contract that provides that a seller of a business or an employee will not engage in a similar business or occup
Mariulka [41]

Answer:

The answer is non-compete agreement

7 0
3 years ago
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela
8_murik_8 [283]

Answer:

1) Direct Materials

Price Variance = $138,474 (F)

Usage Variance = $82,800 (F)

2) Direct Labor

Direct Labor Price = $9,102  (F)

Direct Labor Usage = $4,800  (F)

Explanation:

Material Price Variance = ( Standard price - Actual price) * Actual Quantity purchased

                                      = ($20 - $5.30) *9,420

                                      = $138,474 (F)

Actual Price = $49,926/9,420 = $5.30

Material Usage Variance = ( Standard Quantity - Actual Quantity ) * Standard Price

                                         = ( 11,960 - 7,820 ) $20

                                        =$82,800 (F)

Standard Quantity = 2.60 *4,600 = 11,960

Actual Quantity used = 0+9,420-1,600 = 7,820

Direct Labor price Variance = ( Standard Rate - Actual Rate) * Actual Hours worked

                                             = ($16-$12.30) * 2,460

                                             = $9,102  (F)

Actual time = 61.50*40 = 2,460

Usage variance = ( Standard time - Actual time ) * Standard rate

                          = ( 2,760 - 2,460) $16

                         = $4,800  (F)

Standard time = 0.60 *4,600 = 2,760

3 0
3 years ago
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