Answer:
C) Classification of products
Explanation:
Advertising is not a means of classifying products.
Advertising is a commercial process of marketing goods and services to a target group of people.
- Advertising is a means of making a product known the the general market population.
- It helps to increase the market share of a particular product among competitors.
- When an advert is done rightly, it can bring more revenue to the company.
- Also, it reinforces brand recognition.
Answer:
The correct option is D,$41,200
Explanation:
The fact that inventory reduced by 1,400 units implies that the fixed costs of 1,400 units added to closing inventory under absorption costing method has now been released into income statement as an additional cost in the current year,as result profit under absorption costing method reduce by the increased fixed costs:
net operating income under variable costing $52,400
less:additional fixed costs (1,400*$8) ($11,200)
Profit under absorption costing method $41,200
The correct option is D,$41,200
Simmons Company issued four-year bonds with a $1,000,000 par value. Interest is due semi-annually on the bonds, which have a 4% coupon rate. The market interest rate is 6%. $1002402.88 must Simmons pay investors in interest on a semi-annual basis.
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Understanding how loans and investments operate is essential to laying a solid financial foundation for both you and your company. How interest is calculated is one of the key aspects of loans and investments. Your loans and investments may have simple interest or compound interest terms. You will discover what it implies, why it matters, and how to compute interest that is compounded semiannually interest in this post.
Learn more about semiannually interest here
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Answer:
14.1%
Explanation:
Cash return on assets is the ratio of a company's operating cash flow to its average total assets. It shows how a company is generating cash flow from its assets and compares a company’s profitability with other companies.
Cash return on assets = operating cash flow / average total assets
Given that:
operating cash flows = $240,000
Average total assets = ($1.6 million + $1.8 million) / 2 = $1.7 million.
Therefore, Cash return on assets = $240000 / $1.7 million = 0.141 = 14.1%
Answer:
6%
Explanation:
As per given data
Quarter Real GDP ($billions) Long-Run Trend of Real GDP ($billions)
1 4,000 4,000
2 4,160 4,120
3 4,326 4,244
4 4,413 4,371
5 4,501 4,502
6 4,591 4,637
7 4,499 4,776
8 4,409 4,919
9 4,673 5,067
10 4,954 5,219
11 5,252 5,376
12 5,376 5,537
Growth of GDP = (DGP of Current/recent period - GDP of Prior period) / DGP of Prior period
In this question prior period is quarter 10 and current /recent period is quarter 11.
So, formula will be
Growth of GDP = (DGP of quarter 11 - GDP of quarter 10) / GDP of quarter 10
As we need to calculate the real GDP growth the formula will be as follow
Growth of real GDP = (Real DGP of quarter 11 - Real GDP of quarter 10) / Real GDP of quarter 10
Growth of real GDP = ($5,252 billion - $4,954 billion) / $4,954 billion
Growth of real GDP = $298 billion / $4,954 billion
Growth of real GDP = 6.02% = 6%
