Answer: right; left
Explanation:
<em>When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the </em><em><u>right</u></em><em> and the demand curve for Treasury bonds shifts to the </em><em><u>left</u></em><em>.</em>
Liquidity is highly sought after in the bond market such that more liquid securities have a higher demand than less liquid securities.
Should Treasury bills become less liquid, their demand would decrease which would result in the demand curve for treasury bills shifting to the left.
More people would then switch over to Corporate bonds which would have more liquidity. The increase in demand for corporate bonds will lead to the demand curve for corporate bonds shifting to the right.
Answer:
Companies that use ABC allocate all costs including direct materials, direct labour and manufacturing overhead to the product based on an activity cost allocation rate.
This statement is False.
Explanation:
In ABC, it is only the overhead that will be allocated to the product based on an activity cost allocation rate (cost drivers). Direct material cost and direct labour cost will be recorded at the actual cost incurred on direct material and direct labour.
Answer:
Option (B) is correct.
Explanation:
Amount of which adjusting entry required:
= Amount of uncollectible accounts - Balance in Allowance for uncollectible accounts
= (Balance in accounts receivable × Estimated percentage of accounts receivable to be uncollectible) - Balance in Allowance for uncollectible accounts
= ($200,000 × 4%) - $2,000
= $8,000 - $2,000
= $6,000
Therefore, the adjusting entry is as follows:
Bad debt expense A/c Dr. $6,000
To Allowance for uncollectible accounts $6,000
(To record the bad debt expense)
The master promissory note is a document that explains your rights and responsibilities as a federal student loan borrower.
The first option is correct. This document is one that is legally binding. Before a student agrees that they would want to take out loans as students, they first have to know what their rights and responsibilities are as a borrower and also to the lending facility.
There are a lot of available options that are in place to help with the management of student loans.
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Answer:
The number of laborers employed by the plant is 120 laborers
Explanation:
According to given data Annual output = 57600 water heaters.
So the output per month = 57,600 / 12 months = 4,800 water heaters
Each labor works 160 hours per month
Suppose ,there are x number of laborers employed by the plant. So,x number of laborer will work 160x hours per month. So the labor input = 160x per month
Labor productivity = 0.25
Labor productivity = Output / Labor input
0.25 = 4800 / 160x
25/100 = 4800/160x
160x = (4800 X 100) / 25
160x = 19200
x = 19200/160
x = 120
Therefore, the number of laborers employed by the plant is 120 laborers