The kind of data source is not known. Results may be invalid because some internet websites don’t upgrade their formats to the latest one. A lot of important details may also be missing from internet sites since some of their formats are incorrect while their data cannot be used as resource in some statistic software.
Answer:
B.) $11.90
Explanation:
Predetermined manufacturing overhead rate are based on the estimates made by the company.
So the calculation should be:
Estimated MOH of $238,000<em> divided by</em> Estimated Machine Hours of 20,000.
Giving us the result of $11.90
(238,000 / 20,000 = 11.90)
Answer:
$880.31
Explanation:
Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment
Given that,
Assuming Future value = $1,000
Rate of interest = 8.6% ÷ 2 = 4.3%
NPER = 8 years × 2 = 16
PMT = $1,000 × 6.5% ÷ 2 = $32.50
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the new price of the bond is $880.31
Answer:
phases in the sequence of Recession, trough, expansion and Peak
Explanation:
we know that 4 phases of a business cycle are
peak and downturn (recession) and trough and upturn (expansion)
top of cycle is called peak
and boom is a very high peak
recession where conomic activity is falling from the peak
and when decline persist for more than 2 consecutive quarters that is recession
and The bottom of the recession is trough
so we know business cycle is a economic model that describe fluctuation in economic activity
and that includes production of goods and service and business cycle go through its phases in the sequence of Recession, trough, expansion and Peak
<span>$1500 was invested at 11%
$2500 was invested at 8%
Assuming simple interest for each investment, we have the following expressions
0.11x = interest on 11% investment. (x = amount invested at 11%)
0.08(4000-x) = interest on 8% investment
Adding the 2 expressions together and setting the sum to 365 gives
0.11x + 0.08(4000-x) = 365
Now solve for x by first distributing the 0.08
0.11x + 320 - 0.08x = 365
Subtract 320 from both sides and combine x's
0.03x = 45
Divide both sides by 0.03
x = 1500
So $1500 was invested at 11% and (4000-1500) = 2500 was invested at 8%</span>
