Answer:
The correct answer is letter "C": risk-free rate.
Explanation:
The United States government issues a variety of debt obligations to finance its operations. Those with the shortest maturity are called Treasury Bills or T-Bills. One of the unique features of T-Bills is that the government does not make regular interest payments to the holder. Instead, the securities are sold at a price below its face value resulting in a profit at the maturity date.
T-Bills are seen as low-risk investments compared to other securities being <em>the closest to risk-free return</em> in the market.
Answer:
22,290 units
Explanation:
Product A sales (S) = 21,900 units
Product A selling price = $11.90
Product A beggining inventory (I)= 3,900
Product A ending inventory (E) = 3,900 x 1.10 = 4,290
Budgeted purchases of product A must account for all of the projected sales and the desired ending inventory, assuming that the company already has a beginning inventory at hand. Budgeted Purchases of product A are given by:
Answer:
(2) Common ownership, shared profits and losses, and right to participate in managing the operations.
Explanation:
Partnership refers to a mutual agreement between 2 or more individuals agreeing to carry out a business and to share it's profits and losses in an agreed ratio or as per the clauses in partnership deed.
Uniform partnership act regulates partnership agreements in majority of United States. The act also allows remaining partners after dissolution to continue the partnership if majority of them desire to do so.
Under the act, Partnership is characterized by common ownership of assets and liabilities by all partners, sharing of partnership profits and losses and equal rights to participate in managing the operations of the partnership.
If JJ camera does not accommodate Meg's needs, and she is otherwise qualified for the job, JJ camera must demonstrate that the accommodations would create (a) UNDUE HARDSHIP for the company.
Undue hardship refers to an action that will lead to increase in expense or difficulty on company or the employer. It is an accommodating action. It is not necessary for an employer to accommodate an undue hardship. If the company needs to accommodate an undue hardship, it should look for some other accommodation that does not impose such hardship on the company.
Answer:
(a) $1.8 per machine hour
(b) $390 per setup
Explanation:
Given that,
Overhead allocated to the cutting cost pool = $410,400
Overhead allocated to the design cost pool = $666,900
Total machine hours = 228,000
Total number of setups = 1,710
Under activity based costing,
Overhead rate for cutting:
= Overhead allocated to the cutting cost pool ÷ Machine Hours
= $410,400 ÷ 228,000
= $1.8 Per Machine Hour
Overhead rate for design:
= Overhead allocated to the design cost pool ÷ Number of Setup s
= $666,900 ÷ 1,710
= $390 per set up
