C ompanies frequently expand their business operations into other countries because it is cost effective. ... The demand for something in another country may be higher than the demand for something in your country as well so it would be good to sell it elsewhere.
Answer:
The answers are:
- The CPI for 2009 is 100 (since it is the base year)
- The CPI for 2010 is 129.17
- The inflation rate for 2010 is 29.17%
Explanation:
<u>CPI basket for 2009</u>
- 6 razors x $20 per razor = $120
- 4 bottles of cologne x $30 per bottle = $120
The total value of the CPI basket for 2009 is $240
<u>CPI basket for 2010</u>
- 6 razors x $25 per razor = $150
- 4 bottles of cologne x $40 per bottle = $160
The total value of the CPI basket for 2010 is $310
- The CPI for 2009 is 100, since it is the base year
- The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
- The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%
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Explanation:
The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Answer:
<h2>The answer for this question is contribution margin or option 3 from the answer options or list.</h2>
Explanation:
- In Business and Accounting, the contribution margin basically refers to the difference between the price of any product or service and the variable cost of production. Contribution margin for per unit of product or service also represents the additional profit of the firm or company based on its marginal variable cost or expense and the per unit product or service price.
- The aggregate or overall contribution margin signifies the ability of any firm or seller to cover all its fixed cost or expenses and accumulate overall or total profit in business.
- In this case, the the selling price of the food item or service represents its market price at which the consumers or buyers have purchased it and the sold item's cost denotes the variable cost of production.Hence, the difference the two phenomenon denotes the contribution margin in this case.
Answer and Explanation:
The journal entries are shown below:
1. Cash Dr $7,811,873
To Bonds payable $7,500,000
To Premium on bonds Payable $311,873
(Being the bond payable is recorded)
For recording this we debited the cash as it increased the assets and credited the bond payable & premium as it also increased the liabilities
2. Interest expenses $268,812.7
Premium on Bonds payable $31,187.3 ($311,873 ÷ 10 years)
To Cash $300,000
(being cash paid is recorded)
For recording this we debited the interest expense and premium as it increased the expenses and credited the cash as it decreased the assets
