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3 years ago

Why do interest rates on loans tend to be lower in a weak economy than in a strong one?

Business

1 answer:

vlada-n [284]3 years ago

8 0

C: In a weak economy there is less demand for credit, so the price drops.

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Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

Damm [24]

Answer:

silver

direct materials price variance = $1,050 favorable

direct materials quantity variance = $13,200 favorable

Crystals

direct materials price variance = $671 favorable

direct materials quantity variance =$1,327.50 favorable

direct labor

direct materials rate variance = $1,200 unfavorable

direct materials efficiency variance =$2,100 favorable

Explanation:

silver

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (350×$21,00)-(350×$24.00)

= $1,050 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (350×$24.00) -(1,500×0,60×$24.00)

= $13,200 favorable

Crystals

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (3,050×$0,23)-(3,050×$0.45)

= $671 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (3,050×$0.45) -(1,500×4.00×$0.45)

= $1,327.50 favorable

direct labor

direct materials rate variance = (Aq×Ap)-(Aq×Sp)

= (2,400×$14,50)-(2,400×$14.00)

= $1,200 unfavorable

direct materials efficiency variance = (Aq×Sp)-(Sq×Sp)

= (2,400×$14.00) -(1,500×1.50×$14.00)

= $2,100 favorable

4 0

4 years ago

On January 1, 2021, Red Flash Photography had the following balances: Cash, $18,000; Supplies, $8,600; Land, $66,000; Deferred R

crimeas [40]

29 25 26 or even 55 maybe 27 28

5 0

3 years ago

Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The com

solong [7]

Answer:

4 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow.

Initial Investment = $280,000

Net Income = $20,000

To calculate the net cash flows add bask the depreciation expense in Net income each year.

Depreciation = ($280,000 - $30,000) / 5 = $50,000

Net Cash Flow = $20,000 + $50,000 = $70,000

Payback period = Initial Investment / yearly cash flow = $280,000 / $70,000 = 4 years

5 0

3 years ago

You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. (LO5-1) a. Is this a good deal if the interes

3241004551 [841]

Answer:

If the interest rate is 6%,then selling the investment for $2,000 is a good deal.

If the interest rate is 10%, then selling the investment for $2,000 is a bad deal.

Explanation:

If the interest rate is 6% then compounded yearly for 10 years 1,000 should have a future value of

1000*1.06^10=1,790

SO if the interest rate is 6% then in 10 years the investment should have a future value of 1,790 and selling it for $2,000 is a very good deal as you are making more than 6% per year which is the interest rate.

Now if the interest rate is 10% the future value will be

1,000*1.1^10=2593

Now the future value is more than 2,000 which means that we will be earning less than the interest rate, which means it is a bad deal.

3 0

4 years ago

PLZ!!! SOMEONE HELP ME Drag each label to the correct location on the table. Match the characteristics with the organizations th

astra-53 [7]

Answer:

umm you already said it

Explanation:

...

5 0

3 years ago

Read 2 more answers