Answer:
1. These long-term bonds are issued by institutions such as Ginnie Mae, the Federal Farm Credit Bank, and the TVA. Many of these securities are guaranteed by the federal government. - Agency security
2. These long-term debt instruments are issued by the U.S. Treasury to finance the deficits of the federal government. - Government Security
3. These are loans to households or firms to purchase housing, land, or other real structures, where the structure or land itself serves as collateral for the loans - Mortgages
4. These are equity claims on the net income and assets of a corporation - Stocks
5. State and local bonds are long-term debt instruments issued by state and local governments to finance expenditures on schools, roads, and other large programs - Multiple Bond
6. These long-term bonds are issued by corporations with very strong credit ratings - Corporate bonds
It is c I had this question also
Answer:
a. Standard direct labor rate per hour = Hourly wage rate + Payroll taxes + Fringe benefits
Standard direct labor rate per hour = $16.70 + $0.60 + $1.40
Standard direct labor rate per hour = $18.70
b. Standard direct labor hours per gallon = Actual production time + Rest periods and cleanup + Setup and downtime
Standard direct labor hours per gallon = 1.60 hours + 0.30 hours + 0.20 hours
Standard direct labor hours per gallon = 2.1 hours
c. Standard labor cost per gallon = Standard direct hours per gallon * Standard direct labor rate per hour
Standard labor cost per gallon = 2.1 hours * $18.70
Standard labor cost per gallon = $39.27
Answer:
net income increased by $1,537.50
Explanation:
Obviously, the original income statement is missing, so I looked for a similar question:
sales revenue $16,500
COGS <u>($9,300)</u>
Gross profit $7,200
Operating exp.:
- Administrative $950
- Depreciation $1,300
- Shipping $412.50 <u>($2,662.50)</u>
Net income $4,537.50
net income increased by $4,537.50 - $3,000 = $1,537.50
Answer:
D. Economic value created.
Explanation:
The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.
Following is the formula for calculation of economic value created:
Economic Value Created = Value customer willing to pay - Cost of product
Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:
Economic Value Created = $600 - $400 = $200
So the correct option is option D.
