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Diano4ka-milaya [45]
2 years ago
5

What is the difference between demand and quantity demand?.

Business
1 answer:
sertanlavr [38]2 years ago
8 0

Answer:

Uh, demand is wanting a thing and quantity demand is wanting more of that thing?

Explanation:

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Illusion [34]

Answer:

$1,053.48

Explanation:

For computing the price of the bond we use the Present value formula which is to be shown in the attachment below:

Given that,  

Future value = $1,000

Rate of interest = 6.4%

NPER = 10 years  - 1 year = 9 year

PMT = $1,000 × 7.2% = $72

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After applying the above formula, the price of the bond is $1,053.48

3 0
3 years ago
On January 1, Year 1, the Diamond Association issued bonds with a face value of $300,000, a stated rate of interest of 6 percent
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Answer:

A) $21,068

B) $1,525.24

C) $280,457.24

Explanation:

The amount of the discount = face value - market value = $300,000  - $278,932 = $21,068

Amount of interest recognized on December 31, year 1 = ($278,932 x 7%) - ($300,000 x 6%) = $19,525.24 - $18,000 = $1,525.24

Carrying value of the bond liability = $278,932 + $1,525.24 = $280,457.24

6 0
3 years ago
When economic profits in an industry are zero: Select one:
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Explanation:

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5 0
3 years ago
MacKenzie Company sold $640 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 2.0% serv
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Answer:

.D)Debit Cash $627.20; debit Credit Card Expense $12.80 and credit Sales $640

Explanation:

Sales = $640

To recognize this,

Debit Cash              $640

Credit Sales            $640

Being entries to recognize sale and cash received.

On this sale, the bank deducts 2% of the sales value

Amount deducted = 2% × $640

                              = $12.80

To recognize this,

Debit  Credit Card Expense $12.80

Credit Cash                            $12.80

Being entries to recognize credit card expense incurred on sale.

As such, the net effect of the two entries

Debit  Cash                                  $627.20

Debit   Credit Card Expense       $12.80  

Credit Sales                                  $640

The right option is D)Debit Cash $627.20; debit Credit Card Expense $12.80 and credit Sales $640.

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