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3 years ago

What will probably happen when the price of a product goes down?

Business

2 answers:

Irina-Kira [14]3 years ago

4 0

Answer: (D) More will be able to pay for that product

Explanation:

yKpoI14uk [10]3 years ago

4 0

Answer:

more people will want that product

Explanation:

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katrin [286]

What’s the question to the problem

7 0

3 years ago

On January 1, a company issued and sold a $440,000, 6%, 10-year bond payable, and received proceeds of $434,000. Interest is pay

Harlamova29_29 [7]

Answer:

The carrying value of the bonds immediately after the first interest payment is $434,300.

Explanation:

Face value of the bond = $440,000

Proceeds from bond issue = $434,000

Discount on bond payable = Face value of the bond - Proceeds from bond issue = $440,000 - $434,000 = $6,000

Total number of seminual = Number of years of bond maturity * Number of semiannual in a year = 10 * 2 = 20

Discount amortizaton per semiannual = Discount on bond payable / Total number of seminual = $6,000 / 20 = $300

Carrying value after first interest payment = Proceeds from bond issue + Discount amortizaton per semiannual = $434,000 + $300 = $434,300

Therefore, the carrying value of the bonds immediately after the first interest payment is $434,300.

3 0

3 years ago

Marie has saved $35. on wednesday, she spent $7 of her savings. what ratio represents her current savings with her previous bala

chubhunter [2.5K]

Savings: 35 $
now she has: 35 - 7 = 28 $

35 -> 100 %
28 -> x%

35 * x = 28 * 100
35x = 2800
x = 2800 / 35
x = 80

her current savings equals 80% of her previous balance.

5 0

3 years ago

A company is considering several investment opportunities. The investments have been evaluated using payback period and break-ev

NeX [460]

Answer:

Break-even time is the shortest

Explanation:

Break-even time is an investment time base measurements which is used to evaluate the amount of time required before the present value of the net cash flows from an investment equals its initial cost. Thus, in this the project, the project with shortest break even time should be chosen by the company since time value of money is considered.

3 0

4 years ago

On January 1, Cullumber Corporation purchased a 25% equity in Helbert Corporation for $182,000. At December 31, Helbert declared

Step2247 [10]

Answer:

January 1

Debit : Investment in Helbert Corporation $182,000

Credit : Cash $182,000

Being Investment in Associate

Elimination Journal:

Debit : Investment in Associate ($236,500 x 25%) $59,125

Credit : Share of Profits ($236,500 x 25%) $59,125

December 31

Debit : Cash ($47,900 x 25%) $11,975

Credit : Dividend Income ($47,900 x 25%) $11,975

Being Dividend Income Received from Associate

Elimination Journal:

Debit : Dividend Income $11,975

Credit : Investment in Associate $11,975

Explanation:

Cullumber Corporation 25% equity in Helbert Corporation represents an investment in Associate. This is because, Cullumber Corporation has significant control of Helbert Corporation ( more than 20% voting rights).

Note : I have also included consolidation elimination journals !

3 0

3 years ago