Answer:
($35 million + $12 million) / $70 million = 0.6714
Explanation:
Answer:
$3,450
Explanation:
Step 1 : Equivalent units of production in work in process
Materials = 1,500 x 100 % = 1,500
Conversion Costs = 1,500 x 20 % = 300
Step 2 : Cost to be assigned to the ending work in process
Materials (1,500 x $2.00) $3,000
Conversion (300 x $1.50) $450
Total $3,450
Conclusion
the total cost to be assigned to the ending work in process is $3,450.
Solution:
The calculation of interest rates using the financial calculator for these inputs;
PV = -$9,968,843;
PMT = $1,521,875;
N = 19;
FV = 0;
CPT I/Y = 13.9999% or approximately 14%
The discount rate used by the potential buyer is approximately 14%
Answer:
(B) the demand curve shifts leftward while the supply curve stays the same.
Explanation:
"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "
Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019
