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Studentka2010 [4]

3 years ago

14

The one-year interest rate is 9 percent in the united states and 5 percent in switzerland. if the expected inflation rate is 6 p

ercent in the united states, what is the expected inflation rate in switzerland?
a. 5 percent
b. 4 percent
c. 3 percent
d. 2 percent

1 answer:

11111nata11111 [884]3 years ago

8 0

. 3 percent expected inflation

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Reinhardt Furniture Company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common sto

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3 years ago

a man borrows money from an automobile dealership to pay for a car. if he fails to repay the loan, the dealership will take pos

Setler [38]

Select one:

a. creditor, collateral, borrower

b. borrower, creditor, collateral

c. credit union, loan, creditor

d. loan, collateral, creditor

Answer: a - creditor, collateral, borrower.

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Collateral refers to anything that may be pledged in return for money, with the condition that the pledged item will be forfeited if the money is not repaid. Since the dealership will take possession of the car if the man fails to repay the money, it is a collateral.

The man who bought the car, owes money to the automobile dealership as he bought the car on a loan. So, he is a borrower.

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4 years ago

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Bob Clarke Corporation has provided the following data from its activity-based costing system: Activities Estimated Overhead Cos

AfilCa [17]

Answer:

Total Unit Cost= $ 96.65

Explanation:

Bob Clarke Corporation

Activities Estimated Overhead Cost Expected Activity

Assembly $1,005,040 68,000 machine-hours

Processing orders $102,500 2,000 orders

Inspection $139,840 1,900 inspection-hours

<u><em>First we find the overhead rates using ABC costing method.</em></u>

<u><em></em></u>

Overhead Rates= Estimated Overhead Cost/ Expected Activity

Assembly Rate= $1,005,040 /68,000 = $ 14.78 per machine-hours

Processing rate= $102,500 / 2,000= $ 51.25 per orders

Inspection Rate= $139,840/ 1,900= $ 73.6 per inspection-hours

<u><em>Then we find the overhead costs applying the ABC Costing rates</em></u>

<u><em></em></u>

Overhead Costs Of 450 Hockey

Assembly= 710 machine-hours, * $ 14.78= $10493.8

Processing=42 orders, *$ 51.25= $ 2152.5

Inspection= 12 inspection-hours*$ 73.6 = $ 883.2

Total Overhead Costs of 450 Hockey = $ 13529.5

Overhead Cost of One Hockey= 13529.5/450= 30.065= $ 30.07

Then the:

Product Cost

Direct materials cost is $36.42 per hockey stick

Direct labor cost is $30.16 per hockey stick

Overhead Costs is $ 30.07

Total Unit Cost= $ 96.65

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3 years ago

A company purchased inventory for $ 2 comma 000 from a vendor on account, FOB shipping point, with terms of 2/10, n/30. The

Flauer [41]

Answer:

Inventory would be 1, 768

Explanation:

2,000 goods

+200 freight-in (A)

-400 returned goods

<u> -32 </u> discount (B)

1, 768 net amount for inventory

<u>Notes:</u>

(A) The freight-in will be included in the inventory, as is a cost needed to have the inventory in the company's possession and be ready to use or sell.

(B) goods x discount rate

net goods 2,000 - 4,00 return = 1,600

discount for payment within 10 days 2%

Discount on purchase: 1,600 x 2% = 32

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3 years ago