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yawa3891 [41]
3 years ago
15

TRUE OR FALSE?

Business
2 answers:
saveliy_v [14]3 years ago
7 0
1. is false
2. is true
oksian1 [2.3K]3 years ago
5 0

Hi, these are your answers:-

1. When you pay back a loan, you only have to pay the principle amount that was borrowed. <em><u>False.</u></em>

<em>Brief answer:- You have to pay Compound interest and tax also.</em>

2. A budget is a financial plan<em>.</em><em> </em><em><u>True</u></em>

Hope it helps you...

Answered by Benjemin ☺️

✅

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Piedmont Company purchased merchandise on account from a supplier for $45000, terms 1/10, n/30. Piedmont Company returned $7000
gavmur [86]

Answer:

$33,500

Explanation:

The Cash Required for Payment to Supplier is The Purchases Price less Credit Allowance and Cash Discount granted since Piedmont Company pays the invoice within the discount period.

If Piedmont Company had paid invoice out of  the discount period we would only deduct the Credit Allowance from the Purchase Price.

Cash Required for Payment Calculation :

Purchase Price                                        $45,000

Less Credit Allowance                            ($7,000)

Less Cash Discount $45,000 x 10%      ($4,500)

Cash Required for Payment                   $33,500

7 0
3 years ago
The cost of direct materials transferred into the Rolling Department of Kraus Company is $3,000,000. The conversion cost for the
Degger [83]

Answer:

the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton

Explanation:

The calculation of the direct material & conversion cost per equivalent unit is given below:

Direct materials per equivalent unit is

= $3,000,000 ÷ 4,000 tons

= $750 per ton

And,  

Conversion costs per equivalent unit is

= $462,600 ÷ 3,855 tons

= $120 per ton

Hence, the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton

7 0
3 years ago
What kinds of problems are seen facing the workers in this meatpacking factory?
kow [346]
Low pay would most likely be a problem, also depending on what conditions there were they could also have hyjene problems.

hope that helps
6 0
3 years ago
The percentage of total industry output accounted for by the largest firms in an industry is called the:
Oduvanchick [21]

Answer:

A B

A concentration ratio is used to measure... market dominance

Percentage of total industry output accounted for by the largest firms in the industry is termed... the concentration ratio

The sum of the squared market shares of each firm in an industry is termed ... the Herfindahl-Herschman Index

Explanation:

4 0
3 years ago
You would like to combine a risky stock with a beta of 1.5 with U.S. Treasury bills in such a way that the risk level of the por
Deffense [45]

Answer:

33.33%

Explanation:

Let weight of T-bill be x, therefore weight of stock will be 1-x

Portfolio = Weight of stock*Beta of stock + Weight of T-bills*Beta of T-bills

1 = (1-x)*1.5 + x*0

1 = 1.5 - 1.5x

x = 0.5/1.5

x = 0.3333

x = 33.33%

Therefore, the percentage of the portfolio invested in treasury bills is 33.33%.

5 0
3 years ago
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