Answer:
Cream $560
Explanation:
Units Selling price Sales value Percentage of sales value Allocated cost
Cream200 15 3,000 3,000/5,400 = 56% 1,000 x 56% = $560
Skimmed
milk600 4 2,400 2,400/5,400 = 44% 1,000 x 44% = $440
Total $5,400 100% $1,000
Therefore the amount of joint cost allocated to cream is $560
Answer:
Journal entry is given below
Explanation:
To record the payment of interest and the discount amortization at the end of period 1 we should debit the Interest expense and credit cash and discount
DATA
Interest expense in year 1 = $38,936
Interest to be paid = $36,450
Discount amortization = $2,486
Entry DEBIT CREDIT
Bond interest expense $38,936
Cash $36,450
Discount on bonds $2,486
Answer:
Amount after 5 year will be $1074.5
Explanation:
We have given principal amount P = $600
Time t = 5 year
Rate of interest r = 12%
It is given that amount is compounded semiannually
So time period = 5×2 = 10 period
And rate of interest semiannually will be 
%
We have to find future value after 5 year
Future value is given by 
So 
So amount after 5 year will be $1074.5
'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.
Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.
Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.
Financial Management is defined as the management and analysis of money and investments for the purpose of making business decisions by individuals or organizations. An example of financial management is the work of a company's accounting department.
Learn more about financial management brainly.com/question/989344
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Answer:
monopolist
Explanation:
Monopolistic competition is a kind of imperfect competition in which specific person or enterprise is the only supplier of a particular commodity.
A monopolist is not very much concerned about the product as customers have no alternatives but to buy that product.
Also, he can change the price or quantity of the product as in an industry he is a single seller .
In the given question, it's given that There is often only one provider of cable television services in each region of the country: Time Warner is in New York, Comcast is in most of New England, and so forth.
So, it would have caused Comcast to become an overly large <u>monopolist</u> with too much power if it buys Time Warner.
