Answer:
I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.
Answer:
Explanation:
We solve by first, getting the quota Horatio pays on his loan:
PV 12,450
time: 10 yearss x 12 months per year = 120
monthly rate: 7.3% / 12 = 0.006083333
C $ 146.487
Now, we miltiply the quota by the quantity of payment ans subtract the principal to get the amount of interest paid:
quota times quantity of monthly payment: total amount paid
less principal: interest paid.
146.49 x 120 - 12,450 = 5,128,80
Available options are:
A. All of the choices are correct.
B. Average fixed costs would increase.
C. Marginal costs would increase.
D. Average variable costs would increase
Answer:
Option B. Average fixed costs would increase.
Explanation:
As the variable cost is the same which means that the marginal cost (All variable costs) would neither increase nor the average variable cost (Average variable cost due to fluctuating variable cost) would increase. Hence both Option C and D are incorrect.
Option B is correct because:
Average Fixed cost = (Initial Value + Value Now) / 2
Average Fixed cost = ($100 + $150) / 2 = $125
This means that the average cost has been increased.
Answer:
Account Title Debit Credit
Raw materials inventory $52,000
Cash $52,000
Account Title Debit Credit
Factory Supplies $22,000
Raw materials $22,000
Account Title Debit Credit
Work in Process inventory $20,100
Raw materials $20,100
Answer:
American bakeries will win
Explanation:
In the given case the American bakeries will win.
It is given in the question that the contract between the American Bakeries and the Empire is a requirement contract.
The requirement contract not necessarily means that the two parties will have the trade.
Therefore,
The American Bakeries does not require any purchase from the Empire