Four major categories of Primary energy use are:
1. Transportation
2. Industrial Process
3. Commercial and residential use
4. Generation of electrical power
Transportation depends entirely on petroleum, whereas
nuclear power, coal, and water power are limited to the production of
electricity. Electricity is in most commercial and residential use. Industrial processes
use natural gas, oil, and electricity. Some oil, natural gas and biomass are
used for the generation of electricity.
Long-term bonds are preferable to hold if interest rates decrease because their price will rise more than the price of short-term bonds, providing a bigger return. Long-term bonds, however, are more susceptible to interest-rate risk. In addition, the longevity of the bonds, not only their term to maturity, is a major factor.
<h3>What are
short-term bonds?</h3>
Short-term bonds may offer consistent income with comparatively little risk. When compared to money markets, higher profits can be obtained. Even some bonds are tax-free.
The potential yield of a short-term bond is higher than that of money market investments. Bonds having shorter maturities are often more resistant to changes in interest rates than other types of assets. Purchasing a bond and keeping it until it matures entitles you to the stated principle and interest rates.
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Directly using fossil fuels would be while using cars and vehicles, indirectly would be non-energy purposes.
Answer:
Direct material price variance= $600 unfavorable
Explanation:
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Standard price= $1.45
Actual price= 18,000/12,000= $1.5
Actual quantity= 12,000
Direct material price variance= (1.45 - 1.5)*12,000
Direct material price variance= $600 unfavorable
