Answer:
Railroads were the first "big businesses" in the United States.
Explanation:
Answer:
$11,000
Explanation:
Fabricating Department budgeted direct labor = $9,280
Depreciation remains constant at any level of production.
Budgeted labor rate = Budgeted direct labor ÷ Hours of production
= $9,280 ÷ 640
= $14.5 per hour
Direct labor cost = completed hours of production × Budgeted labor rate
= 600 × $14.5
= $8,700
Budget for the Fabricating Department at 600 hours of production:
Budgeted cost = Direct labor cost + Equipment depreciation
= $8,700 + $2,300
= $11,000
Answer:
3.49%
Explanation:
Calculation to determine the rate of return on this investment
Using this formula
Rate of return=Monthly payment/Current value*100
Let plug in the formula
Rate of return = $4,990/$143,012 *100
Rate of return= 3.49%
Therefore the the rate of return on this investment is 3.49%
Answer:
d. may be exchanged for equity securities.
Explanation:
Convertible bonds
It is a debt security , which is fixed and which yields the interest payments , but it can be converted to a predetermined number of the equity shares or common stock .
The bond to stock conversion can be done at a number of times during the life of the bond .
These bonds are mostly issued by the companies which have low credit ratings and have potential of higher growth .
Answer:
$81,000
Explanation:
Segment margin is derived by deducting all expenses that are directly traceable to the segment and it does not include corporate common expenses.
Particulars Amount
Contribution $132,000 [33,000*(8-4)]
Less: Direct fixed cost <u>($51,000)</u>
Segment Margin <u>$81,000</u>
So, Carter's segment margin for the West Division is $81,000.
