Use the following information: a. Beginning cash balance on March 1, $72,000. b. Cash receipts from sales, $300,000. c. Budgeted cash payments for direct materials, $140,000. d. Budgeted cash payments for direct labor, $80,000. e. Other budgeted cash expenses, $45,000. Cash repayment of bank loan, $20,000.Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash payments for the month of March and the balance expected on March 31.

Answers

Answer 1

Answer:

the budget of the pines is 8 to them b sqare the 4 in you get 12,500

Explanation:

Answer 2

Answer:

no clue

Explanation:

have a good day:)))


Related Questions

Swifty Corporation has 46,500 shares of $13 par value common stock outstanding. It declares a 15% stock dividend on December 1 when the market price per share is $18. The dividend shares are issued on December 31. Prepare the entries for the declaration and issuance of the stock dividend. (

Answers

Answer:

Common stock dividend distributable = Par * Number of shares * % dividend

= 13 * 46,500 * 15%

= $90,675

Stock Dividend = Number of shares * market price * % dividend

= 46,500 * 18 * 15%

= $125,550

Date          Account Title                                                 Debit               Credit

Dec, 1        Stock Dividend                                          $125,550

                 Common Stock Dividend Distributable                            $90,675

                  Paid in Capital in excess of Par-                                       $34,875

                  Common stock

Date          Account Title                                                 Debit               Credit

Dec, 31      Common Stock Dividend Distributable     $90,675

                 Common Stock                                                                  $90,675

Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $1,250,000 $2,000,000 Variable costs (750,000) (1,250,000) Contribution margin $500,000 $750,000 Fixed costs (400,000) (450,000) Operating income $100,000 $300,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. fill in the blank 1 Bryant Inc. fill in the blank 2 b. How much would operating income increase for each company if the sales of each increased by 20%? Dollars Percentage Beck Inc. $fill in the blank 3 fill in the blank 4 % Bryant Inc. $fill in the blank 5 fill in the blank 6 % c. The difference in the of operating income is due to the

Answers

Answer:

1. Operating leverage = Contribution margin / Net income

Beck Inc.

Operating leverage = $500,000 / $100,000

Operating leverage = 5

Bryant Inc.

Operating leverage = $750,000 / $300,000

Operating leverage = 2.5

2. Income from operations increase = Increase in sales * Degree of operating leverage

Dollar increase = Net income * Percentage

Beck Inc.

Percentage = 5*20 = 100% (Income from operations increase)

Dollar increase = $100,000 * 100% = $100,000

Bryant Inc.

Percentage = 2.5*20 = 50% (Income from operations increase)

Dollar increase = $300,000 * 50% = $150,000

The treasurer of a large corporation wants to invest $43 million in excess short-term cash in a particular money market investment. The prospectus quotes the instrument at a true yield of 3.47 percent; that is, the EAR for this investment is 3.47 percent. However, the treasurer wants to know the money market yield on this instrument to make it comparable to the T-bills and CDs she has already bought. If the term of the instrument is 77 days, what are the bond equivalent and discount yields on this investment? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
Bond equivalent yield %
Discount yield %

Answers

Answer and Explanation:

The computation is shown below:

Given that,

EAR = 3.47%

1.0347 = (1+R ×77 ÷ 365)^365 ÷ 77

Now Take 365/77th root both sides

So,  

1+R × 77 ÷ 365 = 1.00722

1+R × 0.2109 = 1.00722

R × 0.2109 =0.00722

R = 0.03423

Thus, Bond Equivalent Yield = 3.423%

Now

Discount Yield = (360 × 0.03423) ÷ (365+77 × 0.03423)

= 12.3244 ÷ 367.6361

= 0.03352

Thus, Discount Yield = 3.352%            

The Marketing Dept. needs to maximize consumer interest in the company's new financial services by sending marketing emails, targeted ads, and texts at prescribed intervals throughout the initial process of attracting and building a relationship with a customer. Riad's team has a large amount of data from previous marketing campaigns that they can analyze to develop a recommended schedule, taking into account a large variety of factors about different types of customers. What kind of technique will this task force need to employ in order to make these recommendations?

Answers

Answer:

Simulation

Explanation:

From the question we are informed about The Marketing Dept. Which needs to maximize consumer interest in the company's new financial services by sending marketing emails, targeted ads, and texts at prescribed intervals throughout the initial process of attracting and building a relationship with a customer. Riad's team has a large amount of data from previous marketing campaigns that they can analyze to develop a recommended schedule, taking into account a large variety of factors about different types of customers. In this case, the kind of technique this task force will need to employ in order to make these recommendations is Simulation.

Simulation can be regarded as imitation of particular operation of a real-world process, real world system within some specific period of time. Most times computers can be used in Execution of the simulation. Simulation can be used in different aspects such as in marketing, education, performance tuning.

3. When Wassily Leontief tested the predictions of the Heckscher-Ohlin theory, he found that in 1947 the United States was exporting relatively labor-intensive goods and importing relatively capital-intensive goods. This finding: A. Contradicted the Heckscher-Ohlin theory as the United States was relatively capital-abundant. B. Contradicted the Heckscher-Ohlin theory as the United States was relatively labor-abundant. C. Was never duplicated by other studies and has thus been labeled a paradox. D. Fit the predictions of the Heckscher-Ohlin theory concerning the trading patterns of a capital-abundant country.

Answers

Answer:

A. Contradicted the Heckscher-Ohlin theory as the United States was relatively capital-abundant.

Explanation:

When Wassily Leontief tested the predictions of the Heckscher-Ohlin theory, he found that in 1947 the United States was exporting relatively labor-intensive goods and importing relatively capital-intensive goods. This finding: "Contradicted the Heckscher-Ohlin theory as the United States was relatively capital-abundant."

This is because Heckscher-Ohlin theory states that countries usually export commodities, and resources they have in excess, while in return, they import the commodities and resources they need.

However, given that the United States is a country that was relatively capital-abundant, Wassily Leontief's finding is considered to be a contradiction.

For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade produced in its Mixing Department. It also incurs conversion costs of $6,000 with 80% completed. If the conversion cost per equivalent unit was $1.15 per gallon in August, what is the difference in the conversion cost per equivalent unit between the two months

Answers

Answer:

Florida, Inc.

The difference in the conversion cost per equivalent unit between the two months is:

= $0.15.

Explanation:

a) Data and Calculations:

Direct materials cost = $12,000

Production units (gallons of strawberry lemonade) = 7,500

Conversion costs = $6,000

Degree of completion of conversion = 80%

Equivalent units of conversion = 6,000 (7,500 * 80%)

Therefore, the conversion cost per equivalent unit = $1.00 ($6,000/6,000)

The difference in the conversion cost per equivalent unit between the two months is $0.15 ($1.15 - $1.00)

Nieto Company’s budgeted sales and direct materials purchases are as follows.
Budgeted Sales Budgeted D.M. Purchases
January $250,600 $32,200
February 238,100 45,300
March 299,600 38,300
Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible. Nieto’s purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase.
A) Prepare a schedule of expected collections from customers for March
B) Prepare a schedule of expected payments for direct materials for March.

Answers

Answer:

Nieto Company

A) Schedule of expected collections for March:

30% Cash Sales                     $89,880

Credit Sales                          $167,307

Total collections for March $257,187          

B) Schedule of expected payments for direct materials for March:

40% month of purchase     $15,320

60% ffg month                    $27,180

Total expected payments $42,500

Explanation:

a) Data and Calculations:

                                            January    February     March      Total

Budgeted sales                 $250,000  $238,100  $299,600

Cash collections:

30% Cash                            $75,000     $71,430     $89,880

70% Credit                         $175,000  $166,670   $209,720

Cash collections from credit sales:

Month of sale, 10%              $17,500    $16,667     $20,972

Following month, 50%                           87,500       83,335

Second month, 36%                                                 63,000

Total collections for March (credit sales)             $167,307

Budgeted D.M. Purchases $32,200   $45,300     $38,300

Cash payments:

40% purchase month         $12,880     $18,120      $15,320

60% ffg month                                      $19,320     $27,180

Total payments                  $12,880     $37,440    $42,500

Sal is very clear in defining for his subordinates the incentives available to them for different levels of performance. He makes sure they understand the path toward receiving incentives and follows through on rewarding them when they meet those goals. Sal exhibits the _______ theory of leadership.

Answers

Answer: d. path–goal

Explanation:

The Path-goal theory of leadership espouses that leaders should be dynamic and use whichever leadership style would be best suited to the abilities of their subordinates and the work environment that they are in.

It is then divided into four styles with the relevant style here being the "directive path-goal clarifying leader behavior". Under this style, the manager specifies exactly what it is that they want from the employees and then rewards them when they meet the required objectives.

The theory of leadership that Sal was exhibiting when he was defining some incentive that can make them perform well and explain the path to follow so as to receive the incentive when they achieve their goal is  The path-goal theory.

The path-goal theory can be regarded as one that focus on  leader's behavior which serves as contingent to the satisfaction that influence the motivation and performance of their employees.

Good example us where Sal promise her employee about incentive once they achieve their goals.

Therefore, The path-goal theory is correct.

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Materials cost per yard: standard, $1.90; actual, $2.04 Standard yards per unit: standard, 4.69 yards; actual, 5.03 yards Units of production: 9,400 Calculate the direct materials price variance. a.$1,316.00 unfavorable b.$6,619.48 unfavorable c.$6,619.48 favorable d.$6,172.04 favorable

Answers

Answer:

b.$6,619.48 unfavorable

Explanation:

Calculation to determine the direct materials price variance

First step is to calculate the Total number of actual quantity used

Total number of actual quantity used = 9400×5.03

Total number of actual quantity = 47,282

Now let determine the Material price variance

Using this formula

Material price variance = ( Standard price - Actual price ) × Actual quantity used

Let plug in the morning

Material price variance= ( $1.90 - $2.04 ) × 47,282

Material price variance=-0.14×47,282

Material price variance = -$6,619.48 unfavorable

Therefore the direct materials price variance is

-$6,619.48 unfavorable

An abundance of utility-focused blogs exist, posting negative information about utilities in general and even about ABC Utility. Which of the following is NOT a wise response to control the negative blogs?

a. Repost the negative blogs that appear in other places, and argue against the content.
b. Create a company sponsored blog and post blogs with useful information.
c. Monitor the blogs to gather information about public perception.
d. Ask the CEO to frequently write a blog post regarding the values and vision of the organization.

Answers

Answer:

a

Explanation:

Blogs are a good medium that can be used by firms to disseminate information about their goods and services.

Blogs are also a good way to gather information about the perception of consumers to a company's goods and services

A company can make use of blogs to disseminate positive information about their goods and services by creating a company sponsored blog and post blogs with useful information. It would be and advantage if key personals in the firm frequently write a blog post about the firm e.g.  the values and vision of the organization.

The following firms in the widget industry have the following market shares:

Spacely Sprocket Widgets 12 %,
Cogswell Cog Widgets 13 %,
Intel Widgets 14 %,
Compaq Widgets 15 %,
IBM Widgets 16%,
Apple Widgets 17 %, &
Microsoft Widgets 13 %.

Required:
Based on this information, what is the Herfindahl Hirschmann Index (HHI) for the Widget Industry ?

Answers

Answer: 1,448

Explanation:

The Herfindahl Hirschman Index (HHI) is used to show how concentrated an industry is. A lower score indicates that the industry is not very concentrated because there are multiple firms involved.

A higher score shows that the industry is concentrated and controlled by a few firms.

HHI = ∑ square of every firm market share

= 12² + 13² + 14² + 15² + 16² + 17² + 13²

= 1,448

This industry is relatively competitive.

Burt is strategizing and planning an IMC marketing campaign for the company where he is employed as marketing specialist. If he is to execute an effective IMC campaign, which aspects should he consider

Answers

Answer:

Incorporate the manufacturing process steps of the service into your planning and design process. A further explanation is provided below.

Explanation:

Burt would have had to take into account the possible throughout the development process of the marketing campaign when trying to execute an integrated Communication IMC program.An essential component of conducting a successful IMC campaign requires determining the phase including its project lifecycle.

Thus the above is the right answer.

3.How does the theory of efficient production apply to managers of government bureaus or departments that are not run for profit

Answers

Answer:

The theory of efficient production applies to managers of government bureaus or departments that are not run for profit in the following way:

1. The theory helps them to ensure that production resources are optimally allocated to generate value.

2. The theory emphasizes that wastages must be minimized.

3. Efficiency also ensures that processes, policies, and programs are carried out at the right time on each occasion.

Explanation:

Government bureaus or departments require to make decisions about the resources that they require for government services and the value of the output of these services to the public.  The managers ensure that costs are not so much greater than the value created from deploying scarce resources. The best allocation of resources must always be decided to achieve value for money.

Other things the same , as the price level rises, the real value of money a. falls and the exchange rate rises. b. and the exchange rate fall. c. rises and the exchange rate falls. d. and the exchange rate rise.

Answers

Answer:

falls and the exchange rate fall.

Explanation:

Increase in general price level is referred to an inflation.

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect

When price level rises, the real value of money decreases

For example, imagine that price of an apple is $5. If you have $100, you can by 20 apples. If price level increases by 100%, $100 would only buy 10 apples. thus, the real value of money decreases

Also exchange rate falls. exchange rate is the rate at which one currency is exchanged for another currency

If price level increases, domestic currency would become cheaper. As a result, exchange rate falls

The number of people employed in one country is 230 million, with a total number of unemployed people at 40 million. The total population for the country is 500 million. What is the unemployment rate? Group of answer choices

Answers

Answer:

Unemployment rate = 14.81 %

Explanation:

Unemployment is defined as the number of people that are willing and able to work in an economy but that are not able to get employment.

If is used as a measure of the level of economic growth of a country.

Mathematically:

Unemployment rate = (Unemployed) ÷ (Economically active people) *100

Economically active people are employed plus unemployed.

That is 230 million + 40 million = 270 million

Therefore

Unemployment rate = (40/270) * 100

Unemployment rate = 14.81 %

Suppose GDP consists of eggs and ham. In 2002, 100 dozen eggs are sold at $3 per dozen, and 50 pounds of ham are sold at $4 per pound. If in 2001, the base year, eggs sold at $1.50 per dozen and ham sold at $5 per pound, nominal 2002 GDP is

Answers

Answer:

Nominal GDP = $500

Explanation:

Given the price of eggs in 2002 = $3

Quantity of eggs = 100 dozens  

Price of ham in 2002 = $4

Quantity of ham = 50 pounds

Nominal GDP  = Current year price x current year quantity

Nominal GDP = 100 x 3 + 50 x 4

Nominal GDP = 300 + 200

Nominal GDP = $500

5. If a company had $15,000 in net income for the year, and its sales were $300,000 for the same year, what is its profit margin

Answers

Answer:

5%

Explanation:

Net income is $15,000

Sales is $300,000

The profit margin can be calculated as follows

= 15,000/300,000

= 0.05×100

= 5%

Profit margin is 5%

Ice Cream Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 2,400 Materials costs $ 14,500 Conversion costs $ 6,600 Percent complete with respect to materials 75 % Percent complete with respect to conversion 20 % Units started into production during the month 11,100 Units completed and transferred to the next department during the month 10,000 Materials costs added during the month $ 173,600 Conversion costs added during the month $ 243,600 Ending work in process inventory: Units in ending work in process inventory 3,500 Percent complete with respect to materials 90 % Percent complete with respect to conversion 30 % The cost per equivalent unit for materials for the month in the first processing department is closest to:

Answers

Answer:

Ice Cream Corporation

The cost per equivalent unit for materials for the month in the first processing department is closest to:

= $14.30.

Explanation:

a) Data and Calculations:

                                                  Units       Materials        Conversion

Beginning work in process     2,400      $ 14,500           $ 6,600

Percentage of completion

Beginning work in process                        75%                   20%

Started into production          11,100

Units in production               13,500

Completed and transferred 10,000

Ending work in process         3,500         90%                  30%

Costs added during the month             $173,600       $243,600

Total costs of production

Beginning work in process          $ 14,500           $ 6,600

Costs added during the month    173,600          243,600

Total costs of production            $188,100        $250,200

Equivalent units of production:

Completed and transferred 10,000   10,000 (100%)   10,000 (100%)

Ending work in process         3,500     3,150 (90%)       1,050 (30%)

Equivalent units of production            13,150                11,050

Cost per equivalent unit:

Total costs of production            $188,100        $250,200

Equivalent units of production        13,150              11,050

Cost per equivalent unit                 $14.30            $22.64

The preferred stock of a company pays a $2.75 quarterly dividends. If the preferred stockholders' required return is 7.25% for these shares, what price should the preferred stock sell for?
82.35

151.72

92.31

114.29

167.74​

Answers

Answer:

$151.72

Explanation:

Quarterly dividends of preferred stock = $2.75

Annual dividend of preferred stock = 4 * Quarterly dividend

Annual dividend of preferred stock = 4 * $2.75

Annual dividend of preferred stock = $11

Required return = 7.25% = 0.0725

Return = Dividend / Current price

0.0725 = $11 / Current price

Current price = $11 / 0.0725

Current price = 151.724138

Current price = $151.72

So, the preferred stock should sell for $151.72.

During 2021, Raines Umbrella Corporation had sales of $772,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $465,000, $104,500, and $150,000, respectively. In addition, the company had an interest expense of $74,400 and a tax rate of 25 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible). Suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. Is this possible? If spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt?

Answers

Answer:

Paying out $102,000 in cash dividends is possible

Net new long-term debt $26,100

Explanation:

Calculation to determine the net new long-term debt

Sales $772,000

Less Cost of goods sold $465,000

Gross profit $307,000

($772,000-$465,000)

Administrative and selling expenses $104,500

Depreciation expenses $150,000

Earning before interest tax $52,500

($307,000-$104,500-$150,000)

Interest expense $74,400

Profit or Loss before tax ($21,900)

($52,500-$74,400)

Less Tax 25% $0

Add Depreciation expense $150,000

Net Cash flow $128,100

(-$21,900+$150,000)

Dividend $102,000

Net new long-term debt $26,100

($128,100-$102,000)

Therefore Based on the above calculation Paying out $102,000 in CASH DIVIDENDS is possible even though the Net income is Negative, its operating cash flow is $128,100 positive which means that the company has enough cash balance to pay dividends of $102,000. The Net new long-term debt is $26,100

A convertible preferred stock is convertible at $10, pays a 4% annual dividend, is callable at $110, and is trading at a current market price of $116. Based on these details, what is the parity price of the common stock

Answers

Answer:

$11.60

Explanation:

In ascertaining the parity price of the common stock, we need to ascertain the conversion ratio which is the par price of the preferred stock divided by the convertible price

The par value of the preferred stock=$100(since call price is $110)

convertible price=$10

conversion ratio=$100/$10=10

The parity price is the current market price of the preferred stock divided by the conversion ratio

Parity price=$116/10

Parity price=$11.60

If the constructor function is a machine to create object instances, then the _____ is the blueprint for the objects that are created.

Answers

I think ( prototype)

If the constructor function is a machine to create object instances, then the prototype is the blueprint for the objects that are created.

How do systems serve different management groups in a business and how do systems that link the enterprise improve organizational performance

Answers

Answer:

In simple words, Enterprise apps are created to bring together a variety of activities and procedures. To facilitate coordination and decision-making, enterprise systems combine a company's major internal business operations into an unified software platform . Supply chains administration software assists a company in managing its relationships with vendors in order to improve product planning, procurement, production, and supply of commodities. 

Kingbird, Inc. purchased a piece of equipment for $72,200. It estimated a 8-year life and a $3,400 salvage value. At the end of year four (before the depreciation adjustment), it estimated the new total life to be 10 years and the new salvage value to be $7,200.

Compute the revised depreciation assuming Kingbird uses the straight-line method.

Revised annual depreciation
$enter the revised annual depreciation in dollars

Answers

Depreciation Expense 3,060

Accumulated Depreciation 3,060

72,200-3,400=68,800/8yr=8,600*4yrs=34,400-72,200=37,800

37,800-7,200=30,600/10yr=3,060 annual depreciation

72,200-3,400=68,800/8yr

=8,600*4yrs

=34,400-72,200=37,800

37,800-7,200=30,600/10yr

=3,060 annual depreciation

Therefore, the Depreciation Expense of 3,060.

What is depreciation?

Depreciation is a term used in accounting to describe two different aspects of the same idea: first, the actual decline in an asset's fair value as it is used and worn, such as the annual decline in value of factory equipment, and second, the allocation in accounting statements of the asset's original cost to the periods in which the asset is used (depreciation with the matching principle).

Depreciation is the process of reallocating, or "writing down," the cost of a physical item (such as equipment) over the course of that asset's useful life. It also refers to the decline in asset value. Long-term assets are depreciated by businesses for accounting and tax reasons. A company's or entity's balance sheet is impacted by the asset's decline in value, and the income statement they report is impacted by the process of depreciation from an accounting standpoint.

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Wayland Company has a standard of 5.0 hours of labor per unit, at $11.00 per hour. In producing 800 units, Wayland used 3,800 hours of labor at a total cost of $41,000. What is Wayland's labor price variance

Answers

Answer:

Direct labor rate variance= $798 favorable

Explanation:

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (11 - 10.79)*3,800

Direct labor rate variance= $798 favorable

Actual rate= 41,000 / 3,800= $10.79

Brockton Corporation, which allocates manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.

Actual manufacturing overhead costs incurred $35,000
Manufacturing overhead allocated to jobs 33,800
Underallocated or overallocated Manufacturing overhead ?

Required:
Calculate the manufacturing overhead and indicate if the remainder is underallocated or overallocated for the year.

Answers

Answer:

Underapplied overhead= $1,200

Explanation:

Giving the following information:

Actual manufacturing overhead costs incurred $35,000

Manufacturing overhead allocated to jobs 33,800

To calculate the under/over allocation, we need to use the following formula:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 35,000 - 33,800

Underapplied overhead= $1,200

A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $3,510 per year, paid at the beginning of each year, in which case maintenance is provied. Alternatively, she can buy a used van for $5,185 and pay for maintenance herself. She expects to keep the van for three years at which time she could sell it for $1,330. What is the most she should pay for uniform annual maintenance to make it worthwhile to buy the van instead of leasing it, if her MARR is 20%

Answers

Answer:

$2,116

Explanation:

The computation is shown below:

Option 1 - Leasing

= 3510 + ( 3510 ÷ 1.2 ) + ( 3510 ÷ 1.2 ^ 2 )

= 8872.5

Now

Option 2 - Buying

Given that

Initial Cost - 5185

PV of salvage value = 1330 ÷ 1.2 ^ 3

= 769.68

So,  

Cost = 5185 - 769.68

= 4457.176

Now the payment should be

= 4457.176 × 0.47473 (PV annuity factory for 20% at 3 years)

= $2,115.955

= $2,116

Lion Company accepted a $15,000, 30-day, 6% note on December 16 from Diaz Co, granting a time extension on his past-due account receivable. The adjusting entry on December 31 for Lion Company would include a credit to:

Answers

Answer:

Interest Revenue for $37.50

Explanation:

The interest that has accrued on the note receivable from December 16 till December 31(for 15 days) needs to be recognized at the end of the year since the interest for those days has been earned.

Based on 30-day month counting, the interest that would be credited to interest revenue  and debited to interest receivable on 31 December is computed thus:

interest receivable=$15000*6%*15/360

interest receivable=$37.50

A monopolist that practices perfect price discrimination:_________.
A. charges each consumer the rnaximum price the consumer is willing to pay.
B. drives consumer surplus to zero
C. produces the perfectly competitive level of output.
D. All of the above are correct.
E. Only A and B are correct.

Answers

Answer:

D. All of the above are correct.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public power company is an example of a monopoly because they serve as the only source of power utility provider to the general public in a society.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Price discrimination refers to the situation in which a business firm sells an identical product to different consumers at different selling price based on reasons that are not in any way associated or related with its manufacturing cost.

Hence, a monopolist that practices perfect price discrimination:

A. Charges each consumer the maximum price the consumer is willing to pay.

B. Drives consumer surplus to zero

C. Produces the perfectly competitive level of output.

Answer:

D. All of the above are correct.

Explanation:

Hope this helps

For any positive interest rate the present value of a given annuity will be less than the sum of the cash flows, and the future value of the same annuity will be greater than the sum of the cash flows.

a. True
b. False

Answers

it’s A true

hope this helps
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