<span>Nutrition Labeling and Education Act
This act requires nutrition labeling on food and standardizes terms such as serving size, "low fat", "light", and the such. It prevents things such as claiming "low calorie" cause the "calories per serving" is only half of the competitors, while specifying an absurdly low serving size that's also half the size the competitors use.</span>
The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.
<u>Explanation</u>:
- A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
- The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
- So the convexity of the bond is 61.810.
Answer:
Marginal benefits and marginal costs.
Explanation:
Answer: A.exceed units sold
Explanation:
In Absorption Costing, All costs be it Fixed or Variable that are directly related to production are considered when computing the Cost of Production.
Under Variable Costs however, only variable Costs are considered for the computing of Cost of Production.
This difference in consideration of costs under each method leads to difference in income determination under each method.
Under Absorption Costing, fixed manufacturing costs are apportioned on produced units and the costs are only recovered when the units are sold but under variable costing, fixed manufacturing costs are treated as period costs and are therefore charged to the Income statement.
This means that, the amount of income under absorption costing will be more than the amount of income under variable costing when units manufactured exceed units sold.
