<span>A few of the tools economists use to evaluate the macroeconomy are supply and demand graphs, unemployment charts, and inflation vs. deflation graphs. They measure this by Gross Domestic Product(GDP), a national pole of who is employed, and also consumer reports to see what is being purchased most versus least.</span>
Answer:
The $ 4 per machine hour is the contribution margin per machine hour for the Lowell Lamp.
Explanation:
Since in the question two lamps : Bed-ford lamp and Lowell lamp information is given .
Based on the information mentioned in the question, First we have to calculate the contribution margin per unit. Than we are able to calculate contribution margin per hour.
The computation for Lowell Lamp is given below
The contribution margin per unit = Sales per unit - variable cost per unit
= $38 - $22
= $16 per unit
Since, contribution margin per unit is $16 per unit. So, now we calculate contribution margin per machine hour which is equals to
Contribution margin ÷ machine hours for Lowell lamp
$16 per unit ÷ 4
= $ 4 per machine hour
Thus, the $ 4 per machine hour is the contribution margin per machine hour for the Lowell Lamp.
Answer:
$1,568,498
Explanation:
First calculate the Amont of discount
Discount on the bond = Face value - Proceeds from the bond = $20,000,000 - $19,604,145 = $395,855
Now prepare the bond amortization
The Bond Amortization schedule is attached with this answer, please find it.
Now calculate the interest expense for 2017
Interest Expense 2017 = $784,165.80 + $784,332.43
Interest Expense 2017 = $1,568,498.23
Interest Expense 2017 = $1,568,498
Connie can best be described as Solo Operator type of entrepreneur.
Explanation:
Connie is a single mother who works from home on her small business which is her primary source of income but is ridden by the work of house and work which makes her unable to expand her business as she cannot invest enough time in it.
This is happening because she is a sole operator as in she has to take all the decisions and do all the work by herself with no additional help from anyone else whatsoever in the family or the work front either.
Kendrick as a personel who is highly knowledgeable as regards new developments in computer technology, and in all means try to explore new computer parts and models can be regarded as an Innovator in the domain of diffusion of innovation curve.
- The innovation adoption curve can be regarded as the curve that showcase how users falls into different categories, this is usually classified as per their willingness to accept new technology or an idea.
- Kendrick, in this case try out the new computer part with all willingness.
Therefore, Kendrick can be seen as innovator.
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