2 years ago

The adjustment for overapplied overhead ______ net income.

1 answer:

6 0

Answer:

The adjustment for overapplied overhead decreases cost of goods sold and increases net income

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What term references a period of economic growth as measured by a rise in the real GDP?

Arturiano [62]

I would guess C. expansion

Both B and D are both negative that describe economic declines and a trough is a turning point in a business cycle. So, by the process of elimination, I would choose C.

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3 years ago

M purchases a $70,000 Life Insurance Policy with premium payments of $550 a year for the first 5 years. At the beginning of the

MaRussiya [10]

This is a modified premium life insurance policy. In this case, the premium (the price paid for the insurance during each time period) is fixed for a specific frame (at rates that are usually lower than average), but then (usually) increases after a certain number of months or years to a rate greater than the average.

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3 years ago

What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?

Nimfa-mama [501]

Use
$F=P(1+i)^n$

Substituting
F=1000, P=863.84, n=3
solve for i
$1000=863.84^(1+i)^3$
solving for i
=>
$i=(\frac{1000}{863.84})^{\frac{1}{3}}-1$
=0.0500

Answer: the annual interest rate is 5%

3 0

3 years ago

The practice of changing prices for products in real time in response to supply and demand conditions is referred to as

amm1812

Answer:

Dynamic pricing

Explanation:

In simple words, Dynamic pricing, often alluded to as rising rates, vibrant pricing as well as period-based pricing, relates to the pricing technique under which companies set variable prices for goods or commodities on the basis of existing consumer demands. A main benefit of competitive pricing seems to be the opportunity to increase the income with each consumer.

8 0

3 years ago

Akers Company sold bonds on July 1, 20X1, with a face value of $100,000. These bonds are due in 10 years. The stated annual inte

Taya2010 [7]

Answer:

$76,620.83

Explanation:

According to the scenario, computation of the given data are as follows

Future Value (FV) = $100,000

Rate of interest = 10% yearly

Rate of interest (Rate) = 10%÷ 2 = 5% semiannually

Number of period (Nper) = 9 × 2 = 18

Face value = $100,000

Payment (pmt) = $100,000 × (6%÷2) = $3,000

By putting the value in excel present value formula, we get,

PV = $76,620.83

Attachment is attached below

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3 years ago