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drek231 [11]
3 years ago
5

In the equation of exchange, the average number of times a dollar is used to purchase a final good or service is the __________

of money.
Business
1 answer:
Dominik [7]3 years ago
4 0

Answer:

Explanation:

Exchange

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Perion Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direc
Yuliya22 [10]

Answer:

$4,280 under applied

Explanation:

Given that;

Estimated direct labor hours = 11,200

Estimated manufacturing overhead = $259,840

Estimated rate per hour = $259,840 ÷ 11,200 = $23.2

Actual labor hours = 10,800

Estimated overhead for actual hours

= 10,800 × $23.2

= $250,560

Actual overheads incurred = $254,840

Hence, actual overheads are under absorbed by

= $254,840 - $250,560

= $4,280

4 0
3 years ago
Linke Motors has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market du
anzhelika [568]

Answer:

cost of capital 16%

Explanation:

SML formula:

Ke= r_f + \beta (r_m-r_f)\\\\Where:\\r_f =$ risk free rate\\r_m= $ market rate\\\beta =non-diversifiable \:risk

r_f = 3%

β = 1.3

r_m = 13%

0.03 + 1.3(0.13-0.03)

firm's required return = .16 = 16%

4 0
3 years ago
The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate
Lelechka [254]

Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable  + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

We simply added the dividend declared amount and deducted the ending dividend payable to the beginning dividend payable so that the accurate amount can come.

5 0
3 years ago
Which of the following best describes marketing mix? It is the blend of marketing strategies for product, price, distribution, a
aniked [119]

Answer:

It is the blend of marketing strategies for product, price, distribution, and promotion

Explanation:

Marketing mix describes strategies used by a company to promote its brand or product. A marketing mix is made up of Price, Product, Promotion and Place.

8 0
3 years ago
Top managers at cincinnati microwave believe that they have a successful working prototype of their new radar detector and plan
bearhunter [10]

The correct answer is the test marketing. Test marketing is being defined as the experiment that is being conducted in the laboratory by which they are likely comprise of the real life buying situations and as well as the actual stores by which is without the knowledge of the buyers that they are participating in the evaluation.

7 0
3 years ago
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