Answer:
Less than average total Cost
Explanation:
Average total cost can be estimated as
(total fixed cost as well as variable costs )/ ( total units produced). It has a great impact on how a business is going to set up the price of their products. Marginal cost is can be regarded as alteration in total cost as a result of increase in unit of quantity produced. It should be noted that If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be Less than the average total cost
Answer:
Inflation is the rise in the price of goods and services in an economy over a certain period. Inflation that is controlled and low generally helps an economy recover from a recession and results in increases in employment
Explanation:
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Answer:
1.
$7,250
2.
$284,562.5
3.
Dr. Bond Payable $290,000
Dr. Loss on Retirement $18,487.5
Cr. Bond Discount $5,437.5
Cr. Cash $303,050
Explanation:
1.
Bond is issued on the discount when it is issued below the face value.
Discount value = Face value - Issuance value = $290,000 - $282,750 = $7,250
2.
Carrying value of the bond is the net of face value of the bond and un-amortised bond discount.
Carrying value = 290,000 - ($7,250 x (20-5) / 20) = $284,562.5
3.
Bond Discount = $7,250 x 15/20 = $5,437.5
Answer:
The amount left for consumption spending is $32,932.95
Explanation:
The amount left for consumption spending is known as disposable income or take-home pay less savings .The disposable income is the income left after taxes have been paid to relevant tax authority.The computation of amount left for consumption is done below:
Gross income $40,221
Tax at 11%(11%*$40,221) ($4424.31
)
Disposable income $35,796.69
Savings at 8% of disposable income
($35,796.69*8%) ($2,863.74)
Amount left for consumption spending $32,932.95
This is not mean that I have to spend this $32,932.95 during the month, there might some investments I want to my money on to yield more returns.
Answer:
True
Explanation:
This is true that no person shall engage in the business of finance broker or finance lender without obtaining a license from the commissioner. All of them shall comply with dbo rules and regulation. if they fail to comply they may face a fine or cancelation of license.
