Derrald Company manufactures snowboards. Estimated costs for Year 1 were as follows:



Direct labor........................................................................................... $31,000

Bonuses paid to factory supervisors.................................................... 9,000

Interest expense..................................................................................... 32,000

Depreciation on manufacturing equipment..................................... 18,000

Indirect labor.......................................................................................... 11,000

Direct materials...................................................................................... 36,000

Income tax expense.............................................................................. 26,000

Indirect materials................................................................................... 14,000

Property taxes on the corporate office building............................... 18,000



Estimated direct labor hours were 40,000.





Actual data for Year 1 are as follows:

Total manufacturing overhead: $120,000

Direct labor hours: 60,000 hours



The predetermined manufacturing overhead rate is determined on the basis of direct labor hours. Which ONE of the following statements is TRUE?

Applied overhead was LESS than actual overhead by $42,000
Applied overhead was MORE than actual overhead by $68,000
Applied overhead was LESS than actual overhead by $22,000
Applied overhead was MORE than actual overhead by $52,000
Applied overhead was MORE than actual overhead by $22,000
Applied overhead was MORE than actual overhead by $42,000
Applied overhead was LESS than actual overhead by $52,000
Applied overhead was LESS than actual overhead by $68,000

Answers

Answer 1

The true statement is A. Applied overhead was LESS than actual overhead by $42,000.

What is the difference between applied and actual overheads?

The difference between the applied overhead and the actual overhead gives rise to either overapplied or underapplied overhead.

Overapplied overhead arises when applied overhead is more than actual overhead.

Underapplied overhead arises when the actual overhead exceeds the applied overhead.

Note that applied overhead is based on the predetermined overhead rate(s), which are estimates.

Estimated Manufacturing Overhead Costs:

Bonuses paid to factory supervisors $9,000

Depreciation on manufacturing equipment $18,000

Indirect labor $11,000

Indirect materials $14,000

Total estimated manufacturing overhead costs = $52,000

Estimated direct labor hours = 40,000 hours

Predetermined overhead rate = $1.30 ($52,000/40,000)

Actual manufacturing overhead costs = $120,000

Actual direct labor hours = 60,000

Applied overhead = $78,000 (60,000 x $1.30)

Underapplied overhead = $42,000 ($120,000 - $78,000)

Thus, the true statement about the overhead application is Option A.

Learn more about overapplied and underapplied overhead at https://brainly.com/question/18558412

#SPJ1


Related Questions

Bob just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down payment. He has the decision narrowed down to a Cord and a Fevvy. The Cord is priced at $23,599, and the Fevvy is priced at $18,999. After agonizing over the decision, he decides to buy the Fevvy. He writes the dealership a check for $4,000 and takes out a loan for the remainder of the purchase price.
Identify what role money plays in each of the following parts of the story.
Hint: Select each role only once.

Answers

The role played by the money in each case is as follows:-

Medium of exchange.Comparison of values.Saving element.

What is money?

Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from person to person and country to country, allowing trade.

In the above scenario, Bob wanted to purchase a car on loan and has to make a purchase decision among the two cars that are Fevvy and Cord.

The role played by the money in each case is mentioned as follows:-

Bob issues a $4000 check which states that money act as the medium of exchange as it is used to purchase a car.

Bob can easily ascertain that the Cord is more expensive than the Fevvy which states that money is used to compare the values of two cars, the unit of account.

Bob currently has $4,000 in savings, which shows the saving habits that will help in future needs.

Learn more about money here:

https://brainly.com/question/22984856

#SPJ1

Your question is incomplete, probably the complete question was...

Identify what role money plays in each of the following parts of the story. (Medium of exchange, unit of account, or store of value)

A. Bob writes a check for $4,000.

B. Bob can easily determine that the price of the Cord is more than the price of the Fevvy.

C. Bob has saved $4,000 in his checking account.

Darius, a site manager for a construction company, learns that a hurricane is headed towards his town. According to Maslow, what will he prioritize first?
- ensuring his construction site is prepared for the storm
- creating plans for how he can be better prepared for storms in the future
- ensuring that he has shelter from the storm when it arrives
- ensuring his insurance policy is in place to reimburse his home for storm damage
- inviting friends to stay with him during the storm

Answers

According to Maslow and his hierarchy of needs, Darius, will first ensure that he has shelter from the storm when it arrives.

Who is Maslow?

Maslow's hierarchy of needs is a theory of psychological health based on meeting basic human needs in order of importance, leading to self-actualization. Abraham Harold Maslow (April 1, 1908 – June 8, 1970) was an American psychologist. He is best known for developing this theory. At Columbia University, Brooklyn College, Brandeis University, and the New School for Social Research, Maslow taught psychology. He emphasised the significance of concentrating on a person's positive traits rather than seeing them as a "bag of symptoms." Maslow was the tenth most-cited psychologist of the 20th century, according to a 2002 study in the Review of General Psychology.

A five-tiered model of human wants, frequently shown as hierarchical tiers within a pyramid, makes up Maslow's hierarchy of needs, a motivational theory in psychology.

Biological (food and clothes), safety (work security), love and belonging (friendship), esteem, and self-actualization are the requirements that are listed in order of importance from the bottom of the hierarchy up.

Before people can attend to needs higher up the hierarchy, those lower down must first be met.

To learn more about Maslow from the given link

https://brainly.com/question/1785981

#SPJ13

Darius, a site manager for a construction company, learns that a hurricane is headed towards his town. According to Maslow, what will he prioritize first?

- ensuring his construction site is prepared for the storm

- creating plans for how he can be better prepared for storms in the future

- ensuring that he has shelter from the storm when it arrives

- ensuring his insurance policy is in place to reimburse his home for storm damage

- inviting friends to stay with him during the storm

1. Leslie Moore runs a hammock shop. She is set to markdown her existing stock of hammocks 60 percent since it is mid-September, and her summer
high-sales period is completed. The basic rope hammock is retail priced at $65.00. What would be her markdown dollar amount and her resulting sale
price?

Answers

Leslie Moore's markdown dollar amount will be $39 and her resulting sale price will be $26.

What is pricing strategy?

Pricing strategy is known as the changing in price of a product or service according to the demand of the product or service in the market. When the demand for a said product is high the price for the product is increased and if the demand of a product is low then the price is reduced.

Leslie Moore runs a hammock shop and she have a pricing strategy according to which she is now willing to reduce the price by 60%. The amounts are calculated as sale price multiply by 60% the amount is the reduction in the sale price, the reduction amount is deducted from the sale price.

The calculation is shown below,

$65 * 60% = $39

$65 - $39 = $26

Learn more about pricing strategy at https://brainly.com/question/27124956

#SPJ1

Prior to Christine Day’s arrival, What was the culture of lulelemon?

Answers

Christine Day joined the rapidly expanding yoga apparel retailer Lululemon Athletica Inc. with a mission to restore the culture that had deviated since her hiring.

Who is Christine Day?

Canadian retail businesswoman Christine M. Day was born in 1962. Since January 2014, she has served as the CEO of the Vancouver-based food business. She led the Canadian clothing firm Lululemon Athletica as CEO from 2008 to December 2013. She worked for Starbucks' Asia-Pacific division before accepting her position at Lululemon. Day learnt about investing while working for the private equity firm Integrated Resources after graduating from college. Day later worked for a financial services company. One of its customers was Howard Schultz, who ran the coffee shop Il Giornale and sought to grow his business by acquiring Starbucks. Day started working for Schultz's enterprise in 1986 and stayed with Starbucks for the following 20 years.

To learn more about Christine Day, visit:

https://brainly.com/question/29325370

#SPJ13

Alice isn't sure which labor rate to use for employees in her project budget. Which employee labor rate should you tell her to use

Answers

Burden rates are a method of accounting for labor costs on your project. Essentially, each employee costs you a specific amount to have at your organization, and that cost is measured on your projects when they work on them.

How do you calculate labor costs?

Add the whole cost of what an employee spends to manufacture a product or provide a service. Their earnings, taxes, and benefits are all included. Then divide that figure by the number of hours worked by the employee.

Labor cost percentages range from 20 to 35 percent of gross sales on average. Appropriate percentages differ depending on the industry. A service company may have an employee percentage of 50% or higher, but a manufacturer must normally maintain the figure of around 30%.

Learn more about labor rates here:

https://brainly.com/question/28341634

#SPJ1

Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should

keep her money in a checking account for easy access.
invest in US savings bonds because of its short term.
invest in a commodity because of its low risk.
keep her money in a savings account for easy access.

Answers

Julie is considering purchasing a car and determining how to invest her money. Because of the short term, she should invest in US savings bonds to best satisfy her needs.

What is US saving bonds?

United States savings bonds are liability instruments issued by the United States Department of the Treasury to assist the federal government in meeting its borrowing needs.

Because they are guaranteed by the full faith and credit of the United States government, US savings bonds are regarded as one of the safest investments, it is benefited for the investor to invest in these bonds for short term for more returns.

Therefore, option B is correct.

To learn more about the bonds, refer to:

https://brainly.com/question/17405470

#SPJ1

of 12 questions answered
Question 4
You are a partner, and your spouse has a retirement plan with their current
employer. Within their plan are several restricted securities in EY audit clients for
which you are not a covered person. Is this in compliance with EYG
Independence Policy?

Answers

Yes, this is in compliance with EYG Independence Policy provided that you are not a covered individual and the senior manager's spouse is still a worker for the organization.

The firm's EYG Independence Policy tends to be be followed by all the EY client facing employees, even those who are in relation to the senior manager's them immediately. So here, the searches must be conducted in order to discover whether these financial relationships are allowed or not.

Here, the External Independence System Security Search is used in order to determine whether or not the EY employees senior manager's and their close relatives are thus allowed to purchase the required securities.

Hence, the senior managers at EY are required to report their security holdings.

To learn more about the securities here:

https://brainly.com/question/8293680

#SPJ1

Regardless of what kind of business you work in, most business decisions will
include some level of consideration for ethical, moral, and legal choices.
Compare and contrast how each of these elements-ethical, moral, legal-play a
role the decision-making process for various business situations.

Answers

Employment practices, human rights, environmental standards, corruption, and the moral obligation of international corporations are the most pressing ethical concerns in an international business.

What do you mean when you talk about the significance of business ethics and the ethical issues that arise in business?

The implementation of appropriate business policies and procedures regarding potentially contentious topics is referred to as business ethics. Corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary responsibilities are some of the topics that come up in discussions of ethics.

Outsourcing, working standards and conditions, workplace diversity and equal opportunity, child labor, and human rights are some of the most common ethical issues in international business.

Learn more about ethical here:

https://brainly.com/question/13969108

#SPJ13

Which of the following file extensions can the browser render with no help from any other software?

Answers

A file with the extension.html may be opened in a browser even if the browser does not have any additional software or extensions installed.

Simply clicking on the file will cause it to open in your browser, at which point it will display the content that is included inside the file.

What is a web browser extension?

Generally, A web browser may have its functionality enhanced via the installation of add-ons known as extensions.

The majority of browsers support a diverse range of extensions, which may include changes to the user interface, cookie management, the banning of advertisements, and the custom scripting and design of web pages.

It is possible for a browser to open a file that ends in.html even if the browser does not have any extra software or extensions installed.

Simply clicking on the file will cause it to open in your browser, at which time it will show the content that is included inside the file. Clicking on the file will cause it to open in your browser.

Read more about web browser extension

https://brainly.com/question/9776568

#SPJ1

identify and explain two benefits to a company of offering fringe benefits to its managers

Answers

Some of the benefits to a company that offers fringe benefits to their managers are:

Better motivated managers Less employee turnover rates

How are fringe benefits meant to motivate employees?

The main point of offering fringe benefits is to reduce the stress that employees might feel either in their personal or work lives. The hope is that with these stressors alleviated, the employee would feel motivated enough to work harder.

Managers are offered fringe benefits therefore, to ensure that they are better motivated. It is also to ensure that they do not leave the company due to other companies offering better benefits which would lead to high employee turnover.

Find out more on fringe benefits at https://brainly.com/question/8860122

#SPJ1

can i have a help in creating a questionnaire of manipulation's technique in advertising for research paper please?

Answers

What is the effect of subliminal advertising on customers?

Can puffery form of advertisement manipulate a customer's choice?

Does the boomerang changes the way consumers feel?

What are manipulative strategies in advertisements?

When someone manipulates others, they may be trying to avoid responsibility, conceal their true intentions, or create doubt and ambiguity. Gaslighting, lying, blaming, condemning, and humiliating are just a few of the manipulative techniques that can profoundly affect a person's psychological well-being.

Claims like "greatest (cup of) coffee in the world" or "king of beers" are instances of puffery used in commercial manipulation. While the product's minor users appear to be influenced by the puffery, experts or consumers with a high level of understanding appear to be turned off. Because of their contentious character, many deceptive commercials are challenging to prove.

To learn more about advertisement, visit:

https://brainly.com/question/27750663

#SPJ1

There are over 850 occupations that can be learned through an apprenticeship.

Answers

Answer:

When evaluating possible careers, you should match the career information you researched to your personal interests and resources. How can you make sure you are being realistic when setting goals?

Based on what you've read, which of the following is a way for hospitals to recruit nurses internally?

A) hospital website job postings

B) external website job postings (ie. indeed, Glassdoor,etc.)

C) school partnerships

D) informal nominations

E) social media

Answers

Answer:

E

Explanation:

it's a better solution since people search on websites and social media for jobs

Do any of the actions Day took to change the culture align with Lewin & Schein's Model of Change? How? Help me quick!!

Answers

Lewin's change model is a framework for humanizing the change management process that is simple and easy to understand. You are able to plan and carry out the necessary change thanks to these three distinct stages of change—unfreeze, change, and refreeze.

How can Lewin's model of change be put to use?

Lewin's model of change management can be used in a lot of different situations. It teaches you, for instance, how to engage employees in significant organizational changes and why some people and organizations are more motivated by the need for social approval than by financial incentives.

What is the model of Schein?

The idea behind the Schein's Model of Organizational Culture is to explain the idea of culture and how it affects businesses. It is a dynamic model of group dynamics and learning.

Learn more about Lewin's model here:

https://brainly.com/question/28234679

#SPJ13

See the "Le-Nature's Inc." case for this question.

Identify the parties impacted by the quality and rigor of an organization's corporate governance. What responsibilities do corporate executives have to those parties?

Answers

The parties that are affected by the quality & rigor of an organization's corporate governance are the company's stakeholders which includes the:

group of employeesinvestorscustomerscommunity.

The responsibilities that corporate executives have to those parties includes:

establishing of innovative goalscoordinate work activitiesformulate policiesallocate resources

What is known as corporate governance?

Basically, a corporate governance means the system by which companies are directed and controlled. In a typical firm, the boards of directors are responsible for the governance of their companies while the shareholders' role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place.

Read more about corporate governance

brainly.com/question/13503182

#SPJ1

Under what conditions do consumers bear the full burden of an excise tax levied on
the producer?

Answers

Answer:

If demand is more inelastic than supply, consumers bear most of the tax burden.

If demand is more inelastic than supply, consumers bear most of the tax burden.

khanacademyorg

gas tax is an excise tax

Inelastic demand means that when the price goes up or down, consumers' buying habits stay about the same when the price goes down, consumers' buying habits also remain unchanged

true for things people really need and have no choice but to spend more like co pays for doctors visits

scholarships are often taxed

investopedia

Joshua borrowed $1,000 on January 1, 2021, and paid it all back at once on December 31, 2021. What was the APR?

Answers

In the example provided, the calculated annual percentage rate is equal to 11%.

What is APR?

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.

The annual percentage rate (APR), which is used in some places, is the condensed version of the effective interest rate that the customer will be required to pay on a loan.

APR is calculated as (Periodic Interest Rate x 365 Days) x 100.

Learn more about Annual Percentage Rate, from:

brainly.com/question/28347040

#SPJ1

Yours question is incomplete, probably the complete question is:

Joshua borrowed $1,000 on January 1, 2021, and paid $100 in interest. The bank charged him a service charge of $10. He paid it all back at once on December 31, 2021. What was the APR

On the maturity date of a $9,600, 3-month, 12% note, the borrower sends a check that includes the principal and all the interest due on the note. What is the amount of the borrower's check?

Answers

The amount of the borrower's check is $7,956 that includes the principal and all the interest due on the note sent on the maturity date.

What is maturity?

The phrase "maturity" or "maturity date" in the context of finance refers to the day on which the last payment is expected to be made on a loan or other financial instrument, such as a bond or term deposit, and at which point the principal is expected to be repaid. "Perpetual stocks" are some financial products that never reach a predetermined maturity date and last forever. Bonds with distinct classes and staggered redemption dates are referred to as having a serial maturity when they are all issued at the same time. In the financial press, the word "maturity" is occasionally used as a colloquial term for the asset itself, as in Today's market, the yields on ten-year maturities climbed, which resulted in lower bond prices and a higher redemption yield.

To learn more about maturity, visit:

https://brainly.com/question/14746626

#SPJ13

If the world real interest rate was lower than the interest rate that would occur if the Canadian economy were closed, then what would the Canadian net capital outflow be? (5 marks)
a. positive b. negative
c. decreasing d. increasing
- For this question I picked answer b) negative. Am I correct?

Answers

If the world real interest rate was lower than the interest rate that would occur if the Canadian economy were closed, then, the Canadian net capital outflow will be decreasing. The Option C is correct.

What does real interest rate means?

In economics, the real interest rate refers to an interest rate that has been adjusted to remove the effects of inflation, that once adjusted, it reflects the real cost of funds to a borrower and the real yield to a lender or to an investor.

When interest rates are increasing, the businesses and consumers will cut back on spending but when interest rates have fallen significantly, consumers and businesses will increase spending, causing stock prices to rise.

Read more about interest rate

brainly.com/question/25877453

#SPJ1

The more substitutes for a good:

Group of answer choices

the higher the income elasticity of demand

the higher the price elasticity of demand

the higher the cross elasticity of demand

the lower the cross elasticity of demand

the lower the price elasticity of

Answers

The more substitutes for a good, Option B:  the higher the price elasticity of demand.

What impact do substitutes have on elasticity?

The elasticity of demand is impacted by close replacements for a good. Consumers will rapidly convert to the alternative product if the price of your product rises or the price of the alternative product falls if another product can be easily substituted for it.

Therefore, The more replacements there are for an item, the more elastic the good will be, according to the definition of an elastic good, which is one where a change in price results in a large movement in demand.

Learn more about price elasticity from

https://brainly.com/question/15308590
#SPJ1

Can the Consumer Financial Protection Bureau or Better Business Bureau accredit companies? Does that agency require a
fee for accreditation? (1 point)
O Only the BBB accredits companies, and it requires a fee for accreditation.
O Only the CFPB accredits companies, and it requires a fee for accreditation.
O Only the BBB accredits companies and does not require a fee for accreditation.
O
Both the CFPB and the BBB accredit companies, but the CFPB offers free accreditation while the BBB
requires a fee.

Answers

The proper response is an option (A), which states that only the BBB accredits businesses and that accreditation is subject to payment.

Can the Better Business Bureau or Consumer Financial Protection Bureau accredit businesses? Does that organization charge a fee to become accredited?

Businesses must pay a fee to the BBB to be "accredited," which is one of the ways it makes money. If a company is accredited, it may appear more reliable to clients because it can display the BBB's accreditation badge. A company must apply and pay a fee to be accredited.

What does the Better Business Bureau accreditation mean?

If a company has earned BBB accreditation, it implies that BBB has decided that the company complies with accreditation requirements, which include a promise to resolve customer complaints in a good faith manner.

Learn more about Better Business Bureau: https://brainly.com/question/4166921

#SPJ13

Effects of low saving rates to the future generations ( 10 answers)

Answers

Explanation:

Saving provides a financial “backstop” for life's uncertainties and increases feelings of security and peace of mind. Once an adequate emergency fund is established, savings can also provide the “seed money” for higher-yielding investments such as stocks, bonds, and mutual funds

Ann Carr planted a rose garden on the corner of Mrs. Baird's property.
Mrs. Baird was homebound and never left her house. Mrs. Baird never
knew that Ann Carr had planted a rose garden on her property. The
statutory period had elapsed and Ann Carr claimed the rose garden.
Would Ann Carr have a good chance of getting rights to an easement by
prescription?
2006
A Yes, because she had made open use of the property.
B Yes, because she made improvements that would not have been made otherwise.
C No, because Mrs. Baird did not know of the rose garden.
D No, because no improvements had been made to the property

Answers

Yes, because she had made open use of the property, Ann Carr have a good chance of getting rights to an easement by prescription. Hence Option (A) is the answer.

How do you prove a prescriptive easement?

A prescriptive easement is one that has been gained over a long period of time through open, well-known usage of the owner's property that is against the owner's rights. State statutes specify the number of years necessary for such an easement.

The usage has to be (1) adverse (often referred to as "hostile"), (2) actual, open, and notorious, (3) continuous and uninterrupted, and (4) for the statutorily needed period of time in order to establish a prescriptive easement. Prescriptive easements, which are unusual, also become legal easements after rights have been used for more than 40 years.

To learn more about easement, visit:

https://brainly.com/question/22400838

#SPJ1

On January 1, 2020, Shay Company issues $700,000 of 10%, 15-year bonds. The bonds sell for $684,250. Six years later, on January 1, 2026, Shay retires these bonds by buying them on the open market for $731,500. All interest is accounted for and paid through December 31, 2025, the day before the purchase. The straight-line method is used to amortize any bond discount.

-What is the amount of the discount on the bonds at issuance?
-How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2020, through December 31, 2025?
-What is the carrying (book) value of the bonds as of the close of business on December 31, 2025?
-Prepare the journal entry to record the bond retirement.

Answers

1. The amount of the bond discount at issuance is $15,750.

2. $6,300 amortization discount has been recorded on the bonds from January 1, 2020, through December 31, 2025.

3. The carrying (book) value of the bonds as of the close of business on December 31, 2025, is $690,550.

4. The journal entry to record the bond retirement at a loss is as follows:

Journal Entry:

Account Titles                    Debit           Credit

December 31, 2025:

Bonds Payable              $700,000

Retirement Loss              $40,950

Cash                                                     $731,500

Bond Discounts                                      $9,450

Bonds' issuance date = January 1, 2020

Face value of bonds = $700,000

Sales proceeds = $684,250

Bond discounts at issuance = $15,750 ($700,000 - $684,250)

Period of bonds = 15 years

Coupon rate = 10%

Bond's retirement on Jan. 1, 2026 = $731,500

Bond discount amortization method = straight-line

Annual bond amortization = $1,050 ($15,750/15)

Bond amortized after 6 years = $6,300 ($1,050 x 6)

Carrying value of bonds on December 31, 2025 = $690,550 ($700,000 - $9,450)

Carrying value of bond discounts = $9,450 ($15,750 - $6,300)

Transaction Analysis:

Bonds Payable $700,000 Retirement Loss $40,950  Cash $731,500 Bond Discounts $9,450

Learn more about bonds retired at a loss at https://brainly.com/question/20817852

#SPJ1

Consider the following information about an open economy: GDP is $1,000 million, consumption is $850 million, taxes are $50 million, government spending is $100 million, exports are $100 million, and imports are $125 million. Calculate the following variables for this economy:

Answers

An open economy is a form of economy in which entities from other nations trade goods in addition to domestic producers (goods and services).

What is an Open Economy ?

Management interchange, technological transfer, and the exchange of a wide range of commodities and services are all examples of trade. There are some exceptions that cannot be swapped; for instance, a country cannot trade its railway services with another nation in order to use the service.

In contrast, a closed economy forbids the conduct of both foreign trade and finance. Exporting is the process of selling products or services to another nation. Importing is the process of purchasing goods or services from another nation. International trade is the term used to describe both importing and exporting.

Calculation of the following Variables

Net Exports = Exports - Imports = 100 - 125 = -25

Therefore, Net exports are -$25 Million.

b.

GDP = C + I + G +(X-M)

1000 = 850 + I + 100 + (100-125)

1000 = 950 + I - 25

I = 1000 - 925

I = 75

Therefore, Investment is $75 Million

Step 2

c.

Private Sector Disposable Income = GDP - Tax = 1000 - 50 = 950

Private Sector Saving = Private Sector Disposable Income - Consumption = 950 - 850 = 100

Therefore, Private Sector Saving is $100 Million

d.

Public Sector Saving = Tax - Government Expenditure = 50 - 100 = -50

Therefore, Public Sector Saving is -$50 Million

e.

National Savings = Private Sector Saving + Public Sector Saving = 100 + (-50) = 50

Therefore, National Saving is $50 Million

Learn more about Open economy here

https://brainly.com/question/10074981

# SPJ 1

Please explain the difference between the debt/equity ratio (total liabilities/ common stock) and the account payable turnover(cogs/ average accounts payable)?

Answers

The difference between the debt/equity ratio and the account payable turnover is that the form shows much debt a company is using to finance its assets relative to the value of shareholders' equity while the latter shows how efficient a company is at paying its suppliers and short-term debts.

What is a debt/equity ratio?

This is an accounting ratio that is is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This ratio is an important metric in corporate finance as its measures the degree to which a company is financing its operations with debt rather than its own resources. The debt-to-equity ratio is a particular type of gearing ratio.

What is an account payable turnover?

An accounts payable turnover is an accouting tool that measures how quickly a business makes payments to creditors and suppliers that extend lines of credit. Most professionals quantify this ratio by calculating the average number of times the company pays its AP balances during a specified time period.

Read more about debt/equity ratio

brainly.com/question/27993089

#SPJ1

Consider the following cash flows: Year Cash Flow 0 –$ 33,500 1 15,000 2 16,700 3 12,400 a. What is the NPV at a discount rate of zero percent? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What is the NPV at a discount rate of 9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the NPV at a discount rate of 19 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What is the NPV at a discount rate of 29 percent?

Answers

a) The NPV at a discount rate of zero percent is $O.

b) The NPV at a discount rate of 9% is $3,889.

c) The NPV at a discount rate of 9% is -$1,707.

d) The NPV at a discount rate of 9% is -$6,060.

What is the NPV?

The NPV (net present value) is the difference between the present values of cash outflows and inflows.

The present value is the discounted value of cash flows.

NPV at 0%:

Year       Cash Flow   PV Factor   Present Value

0           –$ 33,500           1              –$3,500

1                  15,000                                

2                 16,700

3                 12,400

Total cash inflow                              $33,500

NPV = $0 (–$3,500 + $33,500)

NPV at 9%:

Year       Cash Flow   PV Factor   Present Value

0           –$ 33,500           1            –$ 33,500

1                  15,000         0.917           $13,755              

2                 16,700         0.842          $14,061

3                 12,400         0.772           $9,573

NPV                                                    $3,889

NPV at 19%:

Year       Cash Flow   PV Factor   Present Value

0           –$ 33,500           1            –$ 33,500

1                  15,000         0.840         $12,600                        

2                 16,700         0.709           $11,840

3                 12,400         0.593           $7,353

NPV                                                    -$1,707

NPV at 29%:

Year       Cash Flow   PV Factor   Present Value

0           –$ 33,500           1            –$ 33,500

1                  15,000        0.775            $11,625                  

2                 16,700        0.601           $10,037

3                 12,400        0.466            $5,778

NPV                                                   -$6,060

Learn more about Net Present Value (NPV) at https://brainly.com/question/17053574

#SPJ1

what is micro environment

Answers

Answer:  

The factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.

Explanation:

Peter and Wendy are co-owners of the Canadian firm, Tick Tock Airlines. Peter borrows money to build airplanes in Quebec. Wendy borrows money to build airplanes in England. How does this affect the market for loanable funds in Canada? (5 marks)
a. Peter increases the demand for loanable funds.
b. Wendy increases the demand for loanable funds.
c. Peter increases the supply for loanable funds.
d. Wendy increases the supply of loanable funds.

Answers

Answer:Conclusion:

The market for loanable funds in Canada to increase the interest rate for Wendy higher than rate of increase found for loanable funds, and it reduces the interests rates for peter which is lower than the rate of increase found in the market for loanable funds.

Explanation:Explanation:

Co-owners of Canadian firm:

Peter and Wendy

Place: Quebec, and Endland

a. Peter increases the demand for loanable funds

b. Wendy increases the demand for loanable funds

Ans)

The increase in the demand for loanable funds on the right side at reduced interest rate. And wendy’s demand for loanable funds increases with the interest rate and interest rate produced is higher for loanable funds (A-y).

c. Peter increases the supply for loanable funds

d. Wendy increases the supply of loanable funds

Ans)

The Supply of loanable funds for wendy, is at the demand followed equals at D. The interest on the loans is calculated at A on x axis. And the supply of loanable funds for Peter is higher at point on demand curve D. The interest rate with the increase of loanable is reduced  and the reduction followed is lower than increase found in the loanable funds in the market provided.

Peter and wendy are co-owners of the Canadian Firm, Tick TockAirlines. Peter Increases the supply of the loanable funds and Wendy in turn increases the supply of the loanable funds. Hence options C and D are correct.

What are the loanable funds?

The main thing about loanable funds is that it talks about the ways and also the means of understanding the same things in a more precarious also the same way of controlling them. The Loanable funds are given based on the savings bank accounts.

The loanable funds, more importantly, include almost everything starting from bonds, papers of any kind, currencies, and all sorts of monetary transactions that take place. The supply of loanable funds to anyone depends mainly on the ways and also means of the saving account in the bank.

The loanable funds are very important because it helps to cancel out the interest rates also. Hence, options C and D are correct.

Learn more about the Loanable funds here:

https://brainly.com/question/15851247

#SPJ2

The same amount of alcohol will be more diluted in a larger individual because __________.

Answers

Answer:

(D) A larger person has more blood and other fluids

Explanation:

Other Questions
Hi can you help me come up with a hypothesis for a plan and design lab?the problem statement was that Mary uses an enzyme based detergent for washing and noticed that it cleaned her clothes better in warm water rather than cold water. Provide a hypothesis to the problem statment. say the stock closed at $26.00 at expiration and the option was assigned. what would be your capital requirement for the shares, not including commissions and fees? caitlin's u.s. firm sold paint additives to japan and in return her company was paid by japan but is also required to purchase plastic products produced in japan with some of the proceeds from the sale of the paint additive. this example demonstrates blank . multiple choice question. bartering franchising counterpurchase licensing Write a short paragraph about the Constitution.Please can somone help me pls marijuana produces psychoactive effects that are difficult to predict, but can sometimes be similar to which of the following is the most important element for researchers to obtain informed consent for a study? a.) having the study hypothesis and methodology peer-reviewed and approved before beginning experiments b.) ensuring that participants sign a waiver agreeing to not hold the researchers liable for potential negative outcomes c.) obtaining permissions for all material from other studies used in the study and providing citations for the original studies d.) explaining the research study to potential participants to ensure that they understand what they are agreeing to do What is the equation of the line that passes through the point (2,-7) and has a slope of -4 if a cannonball were fired horizontally from a cannon atop a very high mountain what would its trajectory look like what volume (in ml) of 1.508 m h3po4 (aq) would be required to react completely with 11.73 ml of 1.006 m ca(oh)2? (aq) aleks please I'm so hurry What is it answer this question ?A disk rotates with rotational kinetic energy is 70J and the angular momentum is 30 kg.m2/s .what is the value moment of inertia the disk?A) 6.4 kg.m2C) 40 kg.m2 B) 2.3 kg.m2 D) 0.43 kg.m2 three outcomes of the Boston Massacre. A number line going from negative 20 to positive 20.What is the absolute value of 20?Use the number line to answer the question.2002040 in digital forensics what is a forensic image, and why is it important to a digital forensics investigation? My opinion about The Vietnam wall marsha made an offer of $325,000 on a home listed for $350,000. the seller accepted her offer. what service will her lender order to determine the home's actual value? PLEASE HELPAmericas citizens have a rich ancestry. However, in todays modern America, which ancestry is not among the top three?AfricanEuropeanAsianHispanic a tariff is a tax levied on a particular foreign product entering a country. group of answer choices false the mayor of a town has proposed a plan for the construction of an adjoining community. a political study took a sample of 1600 voters in the town and found that 34% of the residents favored construction. using the data, a political strategist wants to test the claim that the percentage of residents who favor construction is over 31%. find the value of the test statistic. round your answer to two decimal places. 5x-3(x-3)=-5+4x+6 x=?????????