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2 years ago

The aggregate demand curve slopes downward indicating that

Business

1 answer:

Likurg_2 [28]2 years ago

4 0

Answer: Diminishing marginal utility.

Explanation: The demand curve tends to slopes downward because of diminishing marginal utility and it also slopes downwards because of the substitution and income effects.

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The actual cash received during the week ended October 31 for cash sales was $23,447 and the amount indicated by the cash regist

Rufina [12.5K]

Explanation:

Data given in the question

Actual cash received = $23,447

But the amount indicated on the cash register is $23,457

So, by considering the above information, the journal entry is as follows

Cash $23,447

Cash short and over $10

To Sales $23,457

(Being the cash receipts and the cash sales is recorded)

6 0

2 years ago

Mojo Mining has a bond outstanding that sells for $2,120 and matures in 18 years. The bond pays semiannual coupons and has a cou

Eddi Din [679]

Answer:

D. 3.66%

Explanation:

For computing the after tax cost of debt we need to apply the RATE formula i.e to be shown in the attachment

Given that,

Present value = $2,120

Future value or Face value = $2,000

PMT = $2,000 × 6.6% ÷ 2 = $66.60

NPER = 18 years × 2 = 36 years

The formula is shown below:

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

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 3.05% × 2 % = 6.10%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 6.10% × ( 1 - 0.40)

= 3.66%

4 0

2 years ago

Sales are $1.44 million, cost of goods sold is $570,000, depreciation expense is $144,000, other operating expenses is $294,000,

anygoal [31]

Answer:

Times Interest earned ratio is 4.41 times

Explanation:

Times interest earned ratio measure the business capability to pay the interest over its liabilities from its current earning.

As interest expense value is not given it is calculated by the net of Earning before interest and tax and Income before tax

Net Income = Addition to Retained Earning + Dividend Paid = $133,100 + ( 84,000 x $1 ) = $133,100 + $84,000 = $217,100

Income before tax = $217,100 x 100% / ( 100% - 35%) = $334,000

Earning before interest and tax = Sales - Cost of goods sold - depreciation expense - other operating expenses = 1,440,000 - 570,000 - 144,000 - 294,000 = $432,000

Interest Expense = Earning before interest and tax - Income before tax = $432,000 - 334,000 = $98,000

Times Interest earned ratio = Earning before Interest and tax / Interest expense = $432,000 / $98000 = 4.41 time

4 0

2 years ago

When a development team is having trouble delivering a working increment because they don't understand a functional requirement?

Aleksandr [31]

If a developmental team is having trouble delving a working increment because they don't understand a functional requirement, they should work with the product owner so that can get better clarification on how the product works. If the developmental team continues to have problems, it is likely the result of the product that has functional issues.

8 0

2 years ago

Isa is head of housekeeping services at the Ashworth Hotel, a luxury hotel and resort. Last week, she received 29 customer compl

Lena [83]

Answer:

c. 67,757 errors per million opportunities

Explanation:

The computation of the errors per million opportunities is shown below:

= Customer complaints last week ÷ total guest stayed in that week × 1,000,000

= 29 customers ÷ 428 guests × 1,000,000

= 67,757 errors per million opportunities

Hence, the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0

1 year ago