What is discretionary spending within a budget?

Consider the relationship between monopoly pricing and the price elasticity of demand. if demand is inelastic and a monopolist r

Phoenix [80]

That statement is true.
This usually happen for the commodities that are very crucial to our everyday lives, such as food, water, or oil.
No matter how much the price of these commodities increases, the demand for them will always remain constant.

5 0

3 years ago

Which one of the following statements is true? Debt instruments offer residual claims to future cash payouts. Bonds with call pr

Nikitich [7]

Answer:

The answer is: None of the options are correct.

Explanation:

Debt instruments don´t offer residual claims to future cash payouts.

Bonds with call provisions don´t have lower coupon rates than otherwise identical bonds. Generally if the bond issuer decides to redeem the bond earlier they will pay the bondholder a premium over their face value.

Bondholders don´t enjoy a direct voice in company decisions. They have the right to receive financial statements of the company and in case of bankruptcy they hold first rights to the distribution of assets.

Bonds are low risk investments that don´t do well in inflationary periods. The inflation rate adjusts the real interest rates a bond will earn, sometimes turning them negative real interest rates.

Preferred shareholders are not the first investors to be repaid in bankruptcy liquidation. Bondholders are the first investors to be repaid in bankruptcy liquidation.

7 0

4 years ago

Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of

fiasKO [112]

Answer:

1. Overhead rate based on direct labor cost = Overhead applied * 100/Direct labor cost

Overhead rate = 888 * 100/1200

Overhead rate = 74% of direct labor cost

2. Preparation of the brief job-order cost sheet for the four jobs.

Job 86 Job 87 Job 88 Job 89

Beginning balance, March 1 6,888 6,820

Direct materials 3,000 7,000 2,100 1,500

Direct labor 800 6,000 900 500

Applied overhead 592 4440 666 370

Total Balance March 31 11,280 24,260 3,666 2,370

5 0

3 years ago

Free-Flo Pipes & Plumbing Corporation is a private employer involved in an employment discrimination suit under the Civil Ri

Natasha_Volkova [10]

Answer:

acted with malice or reckless indifference.

Explanation:

Employment discrimination.is one that is as a result of am employer's race, gender, religion, national origin, disability, age, sex, orientation, and gender by an employer.

Under the Civil rights act of 1964 Free-Flo Pipes & Plumbing Corporation will be liable if they acted with malice or reckless indifference.

All employees must be able to express themselves and work freely without being targeted in a wrong way by employers.

3 0

4 years ago

On January 1, 2021, Robertson Construction leased several items of equipment under a two-year operating lease agreement from Jam

Bezzdna [24]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Annual interest rate = 4% (Semi annual is 2%)

Lease period = 2 years (4 semi annual lease terms)

Present value of periodic lease payment = Lease payment × PVAF (r,n)

= $40,000 × PVAF (2%,4)

= $40,000 × 3.8077

= $152,308

1. Right of use asset Dr, $152,308

To Lease payable $152,308

(Being Beginning of lease is recorded)

2. Interest expenses Dr, $3,046

(2% × ($152,308 - 0))

Lease payable Dr, $36,954

To cash $40,000

(Being lease and interest payment is recorded)

3. Amortization expense Dr, $36,954

($40,000 - $3,046)

To right of use assets $36,954

(Being amortization on the right to use of assets is recorded)

4. Interest expense Dr, $2,307

(($152,308 - $36,954) × 2%)

Lease payable Dr, $37,693

To Cash $40,000

(Being lease and interest payment is recorded)

5. Amortization expense Dr, $37,693

($40,000 - $2,307)

To right of use assets $37,693

(Being amortization on the right use assets is recorded)

7 0

4 years ago