Answer:
d) 34.17
Explanation:
we must first calculate the total overhead expenses = $120,000 (ordering and receiving) + $297,000 (machine setup) + $1,500,000 (machining) + $1,200,000 (assembly parts) + $300,000 (inspection) = $3,417,000
since overhead is applied based on direct labor hours, then the predetermined overhead rate = total overhead expenses / total direct labor hours = $3,417,000 / 100,000 labor hours = $34.17 per labor hour
Answer:
Current yield = <u>Annual coupon</u>
Current market price
Current yield = <u>$75</u>
$1,020
Current yield = 0.0735 = 7.35%
The correct answer is D
Explanation:
Current yield equals annual coupon divided by the current market price of the bond.
A.) How likely you are to pay them back
The nominal income will increase with the increase in the real income.
<u>Explanation:</u>
Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.
Answer:
C) Natural business year.
Explanation:
A natural business year is the period of 12 consecutive monthsending at a low point of an organization's activities.
For example, a school district will have a natural business year of July 1 through June 30, since classes for the school year end in early June.