Answer:
b. Savings accounts
Explanation:
Assets are resources controlled by an entity as a result of past events for which future economic benefits would flow to the entity.
A savings account balance would be reported as cash and cash equivalent under the current assets section of the balance sheet.
Other options given are liabilities.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
The Variable unitary cost= $37 each.
The fixed costs are $70,000.
The selling price for each product is $72.
1) revenue function= P*X
Revenue function= 72*x
Option E
2) Profit function= (P-Vc)*X-Fc
Profit function= 35*x-70000
Option B
3) break-even quantity= fixed costs/contribution margin
break-even quantity= 70000/35= 2000 units
Option D
4) break-even point ($)=fixed costs/contribution margin ratio
Contribution margin ratio= contribution margin/P= 0,49
break-even point ($)=70000/0,4861111= $144000
Answer:
Case A $581,757.17
Case B $500,000.00
Case C $416,910.21
Explanation:
Current price of a bond
The market price of a bond can be computed using the pv formula in excel, which is given as :
=pv(rate,nper,pmt,fv)
Where rate is the yield to maturity on the bond divided by 2 since the bond in question is semi-annual interest paying bond i.e
Case A 4%/2=2%
Case B 6%/2=3%
Case C 8.5%/2=4.25%
The nper is the time to maturity of the bond multiplied by 2 for the same reason cited for yield to maturity i.e 10 years *2=20
The pmt is the semi-annual coupon interest payable by the bond i.e 6%/2*$500,000=$15,000
The fv is the future value of the bond given as $500,000
Case A
=-pv(2%,20,15000,500000)
Pv= 581,757.17
Case B
=-pv(3%,20,15000,500000)
PV=$$500,000.00
Case C
=-pv(4.25%,20,15000,500000)
PV=$416,910.21
Answer:
Employee Privacy Rights
Explanation:
Some employees are resisting the new policy by the investor's fund to monitor their employee's phone calls. The reason to resist this policy is that it violates employee privacy rights. The company must talk to the employee before initiating the policy to monitor them which might create problems for the company in the future. Every employee has privacy rights, and the company must take it under consideration before designing such policies.
Answer:
C. ≈2,413 gallons
Explanation:
For computing the average inventory, first we have to determine the economic order quantity which is shown below:
=
= 
= 4,827.1079 gallons
The carrying cost is
= Price of fuel × holding cost per unit
= $3.09 × 30%
= $0.927
Now the average inventory of fuel is
= Economic order quantity ÷ 2
= 4,827.1079 gallons ÷ 2
= 2,413 gallons
