Answer:
The interest rate on a 10-year corporate bond for a company with AA rating will be higher than for a 10-year bond for a company with a BBB- rating.
True
Answer:
62,200 gallons of milk are still at the queue to be processed by noon
Explanation:
Step 1: Determine quantity of milk processed by noon
Quantity of milk=processing rate per hour×number of hours
where;
processing rate=7,200 gallons/hour
number of hours=8 am-noon, 12-8=4 hours
replacing;
Quantity of milk=(7,200×4)=28,800 gallons
The quantity of milk processed by noon=28,800 gallons
Step 2: Determine total quantity of order
Total quantity=91,000
Step 3: Determine remaining quantity to be processed at noon
Remaining quantity=total quantity-quantity already processed by noon
where;
total quantity=91,000
quantity already processed by noon=28,800
replacing;
Remaining quantity=(91,000-28,800)=62,200 gallons
62,200 gallons of milk are still at the queue to be processed by noon
Low taxes and low services, pro-business and free market government caused texans to experience the Texas economic miracle.
Further Explanation:
economy in Texas:
The economy of Texas is the second biggest in the United States. ... As a sovereign nation (2016), Texas would be the tenth biggest economy on the planet by GDP (in front of South Korea and Canada). Texas' family unit pay was $48,259 in 2010 positioning 25th in the country.
Texas economic miracle:
The Texas economy stays in a wide based extension. The state's vitality segment keeps on blasting, and territories of the state attached to oil and gas are developing at their most grounded pace since 2014. In 2017 administrators considered a purported "washroom charge" that would have directed transgender individuals' utilization of open offices.
Top 10 Cities with the Best Economies for Families:
1. Austin, Texas. The mystery is out–Austin is an incredible spot to live and work. ...
2. Omaha, Nebraska.
3. San Antonio, Texas.
4. Houston, Texas.
5. Salt Lake City, Utah.
6. Madison, Wisconsin.
7. Arlington, Virginia/Washington, D.C.
8. Dallas, Texas.
Economic Impact on Texas:
WWI greatly affected Texas and the requirement for oil. ... Texan ranchers gave new zones of their property for extra nourishment crops. War ventures set up in the state gave an impermanent advantage to the country.
Subject: business
Level: High School
Keywords: economy in Texas, Texas economic miracle,Top 10 Cities with the Best Economies for Families, Economic Impact on Texas.
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Answer:
1. Journal entries are quicker and more comfortable in the manual accounting
2. Posting is easier in computer software-based accounting
3. Trial balance adjustment in manual accounting is tricky. However, a lengthy process may pose a challenge for computerized accounting.
4. Financial statements are more straightforward in software-based accounting than manual accounting
Explanation:
The introduction of accounting software such as QuickBooks has transformed the working for accounting professionals. The conventional accounting system replacement has made the job more comfortable. However, there are new challenges added, such as learning the software, making error-free inputs, and pace of computer-related entries. However, considering that once these skills are learned, the overall job is easier than before.
1. Journal entries in manual are made quicker, and errors can be rectified. However, entries are linked automatically to their respective ledgers that solve the challenges with compound entries
2. Posting is simpler in software as the general ledger is created on a single click. Manual posting requires time and efforts
3. Adjusted entries need to manual input in conventional method to create the adjusted trial balance whereas, in software, its added through adjusting journal entries.
4. Financial statements are much more straightforward in software as they are available on one click, whereas in manual accounting, they are required to be calculated.
Answer:
1,301 units.
Explanation:
With regards to the above, we know that break even level is
= ( FC + Depreciation ) / Contribution margin
FC = $4,200
Depreciation = $225
Contribution margin = P - V, where P = $4.60 , V = $1.20
Therefore,
Break even level = ($4,200 + $225) / $4.60 - $1.20
Break even level = $4,425 / $3.40
Break even level = 1,301 units
Hence, the amount of units N corp needs in order to break even is 1,301 units
