List four differences between market price and seasonal product

The amortization of a premium on bonds payable: A) has no effect on the cash payments for interest reported in the operating act

Aleks [24]

Answer:

A) has no effect on the cash payments for interest reported in the operating activities section of the statement of cash flows

Explanation:

The amortization is an accounting method to match the difference in the nominal interest rate of bonds with the real interest rate the bond is yielding.

Th cash flow statment will just recognize the cash proceeds, which are calculate base on the face value, regardless of the premium or discount in the bond.

6 0

3 years ago

Suppose Joe is maximizing total utility within his budget constraint. If the price of the last pair of jeans purchased is $25 an

inessss [21]

Answer:

80 units

Explanation:

Given:

Price: $25 we have: 100 units
Price: $20, how many units to maximize the total utility

Let X is the number of units we need to find

As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:

$25 100 units of utility

$20 X

<=> 25X = 20*100

<=> X = 80 units

Hope it will find you well.

6 0

3 years ago

Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of

Margaret [11]

Elementary school teacher that’s the answer

8 0

3 years ago

You are the manager of a movie theater that is the only one in a local market, so you have strong market power. You have extensi

Gre4nikov [31]

Answer: b. Set higher prices to the students as their demand is relatively more inelastic.

Explanation:

Price elasticity of demand measures the change in quantity demanded to changes in price levels.

If demand is inelastic, a small change in price has a small effect on quantity demanded. An inelastic demand usually has a coefficient of less than 1.

The elasticity of demand for students and senior citizens are both inelastic but that of the students is greater than that of senior citizens. They are less responsive to price changes when compared with senior citizens.

7 0

3 years ago

At the end of the current year, the accounts receivable account has a debit balance of $762,000 and sales for the year total $8,

Nadya [2.5K]

Answer:

a. Adjustment for bad debts expenses in scenario a - $ 32,900

b. Adjustment for bad debts expenses in scenario b - $ 22,700

c. Adjustment for bad debts expenses in scenario c - $ 72,700

d. Adjustment for bad debts expenses in scenario d - $ 73,500

Explanation:

Computation of bad debts adjustment under scenario a

Receivables balance $ 762,000

Sales $ 8,640,000

Estimated bad debts expenses 1/2 % of sales $ 43,200

Pre adjustment balance of allowance for uncollectible $ ( 10,300)

Adjustment to provide doubtful accounts $ 32,900

Computation of bad debts adjustment under scenario b

Estimated bad debts expenses based on ageing $ 33,000

Pre adjustment balance of allowance for uncollectible $ ( 10,300)

Adjustment to provide doubtful accounts $ 22,700

Computation of bad debts adjustment under scenario c

Receivables balance $ 762,000

Sales $ 8,640,000

Estimated bad debts expenses 3/4 % of sales $ 64,800

Pre adjustment balance of allowance for uncollectible DR. $ 7,900

Adjustment to provide doubtful accounts $ 72,700

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

Computation of bad debts adjustment under scenario d

Estimated bad debts expenses based on ageing $ 65,600

Pre adjustment balance of allowance for uncollectible DR $ 7,900

Adjustment to provide doubtful accounts $ 73,500

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

4 0

3 years ago

List four differences between market price and seasonal product​

List four differences between market price and seasonal product