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2 years ago

Explain why economics is often called the study of choices

Business

1 answer:

sineoko [7]2 years ago

5 0

Answer:

Ultimately, economics is the study of choice. Because choices range over every imaginable aspect of human experience, so does economics. Economists have investigated the nature of family life, the arts, education, crime, sports, law—the list is virtually endless because so much of our lives involves making choices.

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15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bonds currently sell for

svp [43]

Answer:

The answer is 6.95%

Explanation:

We are looking for Yield-to-maturity (YTM). YTM can also be called rate of return or discount rate.

Note: The 15 -year bond was bought 2 years ago, meaning it remains 13 years

N(Number of periods) = 26 years ( 13years x 2)

I/Y(Yield to maturity) = ?

PV(present value or market price) = $103

PMT( coupon payment) = $3.65( [(7.3percent ÷ 2)x $100)]

FV( Future value or par value) = $100

We are using a Financial calculator for this.

N= 26; PMT = 3.65; FV= $100; CPT PV= -103, CPT I/Y

I/Y = 3.47.

3.47% is for semiannual rate

Therefore, annual rate is 6.95% (3.47% x 2)

8 0

3 years ago

Zoom sales last year were $435,000, its operating costs including Depreciation were $362,500, and its interest charges were $12,

Ostrovityanka [42]

Answer:

374,000

Explanation:

because 362,500 plus 4,000 equals 364,500 add the last 10,000 and you have 374,500 add the 500 and now you have 375k

8 0

3 years ago

Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,40

Talja [164]

Answer:

Total cash disbursement August= $102,510

Explanation:

Giving the following formula:

Direct labor hours= 8,400

Variable overhead rate= $1.30 per direct labor-hour.

Fixed overhead= 100,470 - 8,880= $91,590

Depreciation expense is not a cash disbursement cost.

<u>We need to calculate the cash disbursement for August:</u>

Total variable overhead= 8,400*1.3= 10,920

Total fixed overhead= 91,590

Total cash disbursement August= $102,510

6 0

3 years ago

) Process costing ________.

MaRussiya [10]

Answer:

D) is used exclusively in manufacturing

Explanation:

As the processing costs are directly related to the direct and the indirect costs of the manufacturing processes. These costs are usually assigned to large scale batch processings and assigned to every individual cost of each unit. Assigned when the company processes huge homogeneous products.

<u>Thus has the following four steps</u>:

1. Summarize the flow of all physical units of the output.

2. Compute the output in the terms of the equivalent units.

3. Summarize total costs to the account for and the Compute equivalent unit of costs.

4. Assign total costs to the units completed and to the units in ending work in the process inventory.

7 0

3 years ago

Vaughn Manufacturing has equipment with a carrying amount of $2490000. The expected future net cash flows from the equipment are

Lady bird [3.3K]

Answer:

No impairment should be recorded

Explanation:

$2,530,000>$2,490,000 No impairment because the expected future net cash flows from the equipment is greater than the carrying amount.

Therefore Vaughn will record or report no impairment

3 0

3 years ago