I<span>f your expenses exceeded your income, you should </span>reduce your variable cost. The variable cost is the controllable cost because it depends on the level of the output you are expected to have. These are costs that can be cut off by reducing the output level.
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Answer:
Production and consumption are at the same time.
Explanation:
A basic difference between a good and a service is that the consumption and production of a service take place at the same time. While good can be produced at some point in time and consumed later. Unlike goods, services cannot be stored in inventory.
That is why unlike a good, consumers can be more involved in the production of a service. This provides greater satisfaction to the consumers.
Answer:
$23,709
Explanation:
Data provided in the question:
Amount of bond issued = $700,000
Duration = 5 years
Interest rate = 8%
Selling amount of bond = $728,700
Market rate of interest = 7%
Now,
Interest paid = Amount of bond issued × Interest rate
= $700,000 × 0.08
= $56,000
Interest expense = Amount of bond sold × Market Interest rate
= $728,700 × 0.07
= $51,009
unamortized premium = Selling amount of bond - Amount of bond issued
= $728,700 - $700,000
= $28,700
Amortized amount = Interest paid - Interest expense
= $56,000 - $50,009
= $4,991
Balance of the premiums on bonds payable account immediately following the first interest payment
= unamortized premium - Amortized amount
= $28,700 - $4,991
= $23,709
Option D
task significance is the degree to which a job bears an impact on the lives or work of other people
<u>Explanation:</u>
Task significance is assumed to be the “extent to which the work has a tangible impression on the endurance of different physiques, whether those personalities are in the next organization or the world at massive”. The task – and the work – is important if it can influence other people’s lives.
Kenning that their job, and their execution thereof, can have a decisive impression on others will prompt them additionally to do adequately.
Somebody who placed the large stock on task significance is very intent on obtaining out whether the work that they are making subjects to other characters.
Answer:
- $0.47
Here, negative sign depicts the expected loss
Explanation:
Data provided in the question:
Bet amount for number 24 = $9
Probability of winning on number 24 =
Award amount for number 24 = $315
Probability of losing on number 24 = 1 - =
Losing amount = $9
Now,
The expected value of the game to the player
= Winning amount × Probability of winning - Losing amount × Probability of losing
= ( $315 × ) - ( $9 × )
= 8.29 - 8.76
= - $0.47
Here, negative sign depicts the expected loss