1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dovator [93]
3 years ago
13

An investment has the option of daily compounding, monthly compounding, or annual compounding. The present value of this investm

ent will be lowest when the investment is compounded daily. True False
Business
1 answer:
Readme [11.4K]3 years ago
6 0

Answer:

True

Explanation:

The statement ' An investment has the option of daily compounding, monthly compounding, or annual compounding. The present value of this investment will be lowest when the investment is compounded daily ' is true.

Investment refers to the process of investing money to earn money.

Investment refers to purchasing goods that may not be used today but are consumed in the future to create wealth.

You might be interested in
2. NEIU Company has no beginning and ending inventories, and reports the following information for its only product: Direct mate
Mrac [35]

Answer:

Product cost per unit = $13

Explanation:

<em>Absorption costing values units of inventory and production using full cost per unit. Full cost per unit includes variable cost and a portion of fixed production overheads. The fixed production overhead are charged to cost units using predetermined overhead absorption rate.</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads.

Total full absorption cost = 125,000 + 100,000 + 75,000 + 25,000=325,000

Full cost per unit = Total full absorption cost/Number of units

                            = 325,000/25,000 =$13

<em>Note that we excluded non- production cost like selling and administrative from the computation because they are not related to production</em>

Product cost per unit = $13

4 0
2 years ago
Tony's marginal income tax rate is 24%, and he pays FICA tax on his entire salary (7.65%). Tony's employer offered him a choice
Vlad [161]

Answer: The fringe benefit is worth $182 more than the additional salary.

Explanation:

The Fringe benefit is valued at $3,600.

The additional salary after taxes is:

= 5,000 - (5,000 * 24%) - (5,000 * 7.65%)

= 5,000 - 1,200 - 382.5

= $3,418

The Fringe benefit is worth more than the salary by:

= 3,600 - 3,418

= $182

<em>Options are more probably for a variant of this question. </em>

8 0
3 years ago
Lei Company accumulates the following adjustment data at December 31. 1. Services provided but not recorded total $1,000. 2. Sup
Zigmanuir [339]

Answer:

Type of adjustment (prepaid expenses, unearned revenues, accrued revenues, or accrued expenses)

1. Services provided but not recorded total $1,000. accrued revenues

2. Supplies of $300 have been used. accrued expenses

3. Utility expenses of $225 are unpaid. accrued expenses

4. Services related to Unearned service revenue of $260 were performed. accrued revenues

5. Salaries of $800 are unpaid. accrued expenses

6. Prepaid insurance totaling $350 has expired. accrued expenses

Status of Each Account before adjustment

1. Services provided but not recorded total $1,000. Revenue understated and cash/account receivable account understated

2. Supplies of $300 have been used. Supplies account overstated and supplies expense account understated

3. Utility expenses of $225 are unpaid. utility expense account understated and Liability account understated

4. Services related to Unearned service revenue of $260 were performed. Revenue understated and Unearned revenue overstated

5. Salaries of $800 are unpaid. Salaries Expense account understated and Liability account understated

6. Prepaid insurance totaling $350 has expired. Insurance expense account understated and Prepaid insurance overstated.

Explanation:

1. Revenue should be recorded when services are performed.

2. Used supplies should be transferred to supplies expenses account.

3. Utility expense should be recorded when it's been accrued.

4. Sales expense should be recorded when it's been accrued.

5. Prepaid Insurance should be transferred to Prepaid expense account when its been expired.

8 0
3 years ago
Marginal cost is calculated for a particular increase in output by A. multiplying the total cost by the change in output. B. div
Alina [70]

Answer:

B) dividing the change in total cost by the change in output

Explanation:

Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.

That is,

Marginal cost(MC)= change in total cost(TC)/ change in output

Total cost(TC): This is the addition of fixed and variable cost in production.

Total cost(TC)= fixed cost (FC)+variable cost (VC)

Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.

Variable cost (VC) are cost that changes or are used up during production process such as raw materials.

4 0
3 years ago
Read 2 more answers
A. the repairs do not extend beyond the damage suffered.
TEA [102]
It would be c. hope that helps
5 0
2 years ago
Other questions:
  • A company constructs a building for its own use. Construction began on January 1 and ended on December 30. The expenditures for
    10·1 answer
  • In the foreign exchange market, the price of one nation's currency in terms of the currency of another nation is known as the
    15·1 answer
  • It has been estimated that there are 107 billion pieces of mail per year. if the postage rates are raised 3¢, how much extra rev
    8·1 answer
  • Lucy works in an office that has nonterritorial workspaces. this is new to her, and she would like to display good open office e
    7·1 answer
  • To discover the extent to which economic status can be used to predict political preferences?
    13·1 answer
  • Selvig and Anzer, a military weapons manufacturer, is divided into different organizational units—the S&amp;A Logistics, which h
    15·1 answer
  • "Lean supply chain management focuses on eliminating waste: Group of answer choices in a firm's sourcing and logistics activitie
    14·1 answer
  • Is the number of active products an indicator of innovation, or an indicator of whether the innovation is incremental or discont
    12·1 answer
  • Enterprise social networks have changed communication channels within corporations in all of the following dramatic ways except
    12·1 answer
  • If the cash budget showed a projected cash shortage, the company would most likely
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!