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Answer: C. . increase the quantity supplied of X and decrease the quantity demanded of X.
Explanation:
If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will result into the increase the quantity supplied of X and decrease the quantity demanded of X.
This is because when there is a rise in price, the suppliers will be willing to supply more while the consumers will demand less of the product.
Answer:
custom jewelry
Explanation:
A job costing system refers to the process of collecting data about the expenses related to a particular job in manufacturing or service. To apply the cost information to a client underneath an agreement where expenses are refunded, this information might be needed.
The knowledge is also helpful in determining the quality of the forecasting method of a business, which ought to be able to cite rates allowing for a healthy profit. You could also use the details to attribute unchanging expenses to the finished goods.
Answer:
$580,000
Explanation:
The computation of the asset is shown below:
= Equipment + supplies + cash + account receivable
= $244,000 + $30,000 + $215,000 + $91,000
= $580,000
We simply added the four items so that the asset value could be determined
Hence, the asset is $580,000
<u>Solution and Explanation:</u>
1. the Yield to maturity
FV = 1,000
PMT = FV multiply with Coupon rate
, PMT = 1,000 multiply with 0.1 = 100
N = 5
, PV = -1,197.93
CPT I/Y
I/Y = 5.380166647
Therefore, the Yield to maturity = 5.380166647%
Where: FV – fair value, PV – Present value
2. Current yield = Coupon payment divided by Price
Current yield = 100 divided by 1,197.93
By solving we get,
Current yield = 0.08347733173
Therefore, the Current yield = 8.347733173%
