Answer:
$27,720
Explanation:
The computation of the interest expense
= Principal amount × rate of interest × number of months ÷ (total number of months in a year)
= $198,000 × 14% × (12 months ÷ 12 months)
= $27,720
Basically we applied the simple interest formula to determine the interest expense and the borrowed amount is taken on January 1, 2018 and the interest expense should be reported on December 31, 2018 that comprises of 12 months
Answer:
wages decrease
Explanation:
Labor is a factor of production and has a price like all other inputs. In the economy, labor is a commodity whose price is determined by the forces of demand and supply. When there is an oversupply of labor, its equilibrium price will decrease.
The equilibrium price of labor is the prevailing wage rate, where demand matches supply. When immigration adds to the labor force, it means an additional supply of able and willing workers in the markets. There will be many sellers or workers offering to supply labor services to the existing job openings. As a result, the price of labor will reduce as buyers or employers can lower the wage rate and still get the labor services they require.
Answer:
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Explanation:
The teachers that Sam imitates constitute <u> models </u> for him.
One of the first learning modes that every human use is the imitation. A baby can learn by direct experience (if he touches a metallic surface in winter the baby learns it is cold) or by imitation: when the baby sees the mom talking the baby learns to move the lips. The mother is baby's first model and the baby learns by imitating her.
When we grow up, we have many models: relatives, friends, peers, teachers, and virutally any person with whom we are in contact.
Imitating continues during all the life and teachers are very important models.
Specially, when the teacher is a good example and arouses admiration, the students will trend to imitate them. Particularly, in the case of Sam who wants to be a teacher: probably Sam has had some excellent teachers whom he admires and made him to want to follow their steps, which is why he imitates them. They are a good model to follow.
$180,000
Contribution margin = 20,000 x ($20-$11) = $180,000
<h3><u>What is marginal cost ?</u></h3>
The difference in total production costs caused by creating or manufacturing one more unit is known as the marginal cost in economics. Divide the variation in production costs by the variation in quantity to determine marginal cost. Finding the point at which an organization may realize economies of scale to improve production and overall operations is the goal of marginal cost analysis. The producer may make money if the marginal cost of manufacturing one more unit is less than the price per unit.
In management accounting, the idea of marginal cost is crucial because it may be used to maximize output through economies of scale within an organization.
To view similar questions about company's marginal cost, refer to:
brainly.com/question/16995594
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