Answer:
The difference in the direct materials cost per equivalent unit between the two months is $0.70.
Explanation:
First calculate the direct cost per equivalent unit in September
Direct cost per equivalent unit = Total Cost / Total Equivalent units
= $12,000 / 7,500
= $1.60
<u>Difference between the two months.</u>
September = $1.60
Less August = ($0.90)
Difference = $0.70
Answer:
They should not be able to successfully negotiate the terms of this loan within these parameters.
Explanation:
It has been provided that RT earns 12% on his current investments and would not like to receive an interest rate of less than 12% on the loan he gives.
if RT gives a loan of $10,000 for one year, he would charge an interest rate of minimum 12%.
Interest = $10,000*0.12
= $1,200
RT requires $1,200 in interest.
It has been provided that Cynthia earns 8% on her investment.
If she borrows $10,000 and invests the amount for one year, she can earn 8% return on such amount.
Earning = $10,000*0.08
= $800
Cynthia is going to earn $800
RT requires a minimum of $1,200 as interest for 1-year loan he gives while Cynthia can pay a maximum of $10,000 as interest for 1-year loan she takes. there is mismatch between the minimum expectation to receive of lender and the maximum expectation to pay of borrower.
Therefore, They should not be able to successfully negotiate the terms of this loan within these parameters.
If France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.
<h3>
What is trade surplus?</h3>
- When focused simply on trade effects, a trade surplus indicates that a country's goods are in high demand on the global market, which raises the price of those items and leads to a direct strengthening of the home currency.
- When exports surpass imports, the trade balance (surplus) is positive.
- When exports are fewer than imports, the trade balance is negative (deficit).
- When a country exports more goods than it imports, it has a trade surplus.
- For example, if China exported $1 trillion in products while importing only $200 billion in goods, it would have an $800 billion trade surplus.
Therefore, if France had positive net exports last year, then it (A) sold more abroad than it purchased abroad and had a trade surplus.
Know more about trade surplus here:
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The complete question is given below:
If France had positive net exports last year, then it
A. sold more abroad than it purchased abroad and had a trade surplus.
B. sold more abroad than it purchased abroad and had a trade deficit.
C. bought more abroad than it sold abroad and had a trade surplus.
D. bought more abroad than it sold abroad and had a trade deficit.
Answer:
$726,500
Explanation:
The computation of current earnings and profits for year 2 is shown below:-
current earnings and profits for year 2 = Profit as per Income Tax - Penalty disallowed + Life insurance proceed - Tax Expenses
= $760,000 - $42,000 + $185,000 - $176,500
= $945,000 - $42,000 - $176,500
= $726,500
Therefore we have applied the above formula to reach out the current earnings and profits for year 2.
