Answer:
$1,600
Explanation:
Budgeted raw material cost per toy car:
= Total budgeted raw material cost ÷ Budgeted production(in units)
= $1,000 ÷ 100 toy cars
= $10 per toy car
Flexible budget of raw material:
= Actual number of toy cars sold × Budgeted raw material cost per toy car
= 160 × $10 per toy car
= $1,600
Therefore, the flexible budget amount of raw materials is $1,600.
Answer:
$51,300
Explanation:
Given that,
Assets require = $380,000
Return on the invested capital, ROE = 13.5%
ROE = Net income ÷ Total Equity
0.135 = Net income ÷ $380,000
0.135 × $380,000 = Net income
$51,300 = Net income
Therefore, the net income must be expected to warrant starting the business is $51,300.
Note: Since, all of the total assets are financed by the common stock.
Answer:
Store A = 3.4521
Store B = 2.9589
Store C = 4.4384
Explanation:
Store A charges ADB method
purchase made on 5th first payment on 15th of 100
so from 5th to 15th Average daily balance =300 for 10 days
then from 15th to 4th for remaining 20 days average daily balance = 200
Average Daily Balance = (300*10+200*20)/30
Total finance charge = ADB*(APR*(Days/365))
=300*((0.18)*(10/365))+200*((0.18)*(20/365))
= 1.4795+1.9726=3.4521
Store B
Adjusted Balance Method uses adjusted balance to calculate the charges
Adjusted balance=Starting balance adjusted for credit and debit
Adjusted balance =300-100=200
Financial Charges = 200*(.18*(30/365))=2.9589
Store C
Previous Balance Method the interest is calculated on amount of balance carried from previous billing cycle
Balance Carried = 300
Charges =300*(.18*(30/365))= 4.4384
Answer: A perfectly inelastic supply curve means that<u><em> the quantity supplied is completely fixed.</em></u>
Perfectly inelastic supply states that supply is completely fixed. Therefore it is not affected by the change in price level.
<u><em>Therefore, the correct option in this case is (e)</em></u>
Answer:
correct option is d. two-thirds
Explanation:
given data
accumulated = $12.5 trillion
net worth = 14 percent
solution
here as per statistical data of 4th quarter in year 2015,
that required holding is two third of having home.
and Accumulated equity indicate the demand for housing in the country
so here 1 - 
= 
rd left out
it is assumed that they should get home at the beginning of 2015 (in the 1st quarter)
so correct option is d. two-thirds
