Answer:
Sinking fund
Explanation:
Sinking fund is a term used to describe an account that a bind trustee managed for the sole purpose of redeeming bonds early.
sinking fund: This can be seen as a type of fund that is created for the sole aim of repaying debt. It is created for the purpose of making debt easier to pay off.
The sinking fund account owner set aside a particular amount of money for a specific purpose.
Sinking funds is used to entice investors because in the case of default or bankruptcy, sinking fund will still allow investors to get their investment back. it is also a means used by corporations for bonds and deposits money to buy back issued bonds or parts of bonds before the maturity date arrives.
Answer:
Value of S=$25000.
Explanation:
Value of P= $75000
Value of n= 5 years
Value of AOC= $36000+ $1500k (k=1 to 5)
Since the salvage value would be after 5 years=
S=($75000- $10000*5) = $75000- $50000= $25000.
Value of S=$25000.
Answer:
Results are below.
Explanation:
<u>To calculate the direct labor rate and efficiency variance, we need to use the following formulas:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (17.7 - 17.8)*7,600
Direct labor rate variance= $760 unfavorable
Actual rate= 135,280/7,600= $17.8
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (4*1,800 - 7,600)*17.7
Direct labor time (efficiency) variance= $7,080 unfavorable
Answer:
They are too restrictive in economic freedom
Explanation:
Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which do not sell in large amounts to final consumers-are called wholesalers. These are businesses that would purchase product in very large amounts and sells them to other businesses or the retailers at a lower price whose target customers are the consumers.
