Answer:
The answer is letter A, factors of production.
Explanation:
In economics, the process of production refers to the combination of material inputs and immaterial inputs (the know-how) in order to produce an output that is required by the market. In order to determine the process, it is important to know the factors of production.
<em>The factors of production are the inputs used in order to produce an output, goods or services. </em>There are mainly four factors of production: land, labor, capital and enterprise.
1. Land - refers to the natural resources available for production.
2. Labor - refers to the human input into the production process.
3. Enterprise- refers to the entrepreneurs who organize factors of production and take risks.
4. Capital- refers to the goods used in the supply of other products.
Answer and Explanation:
The journal entry is shown below:
On April 1, 2020
Cash $315,016
Finance charge ($524,600 × 4%) $20,984
To Notes payable $336,000
(Being the cash and finance charge is recorded)
Fo recording this we debited the cash and finance charge as it increased the assets and expenses and credited the note payable as it also increased the liabilities
Answer:
8.63%
Explanation:
The expected rate of return on the bond can be determined using a financial calculator bearing in mind that the calculator would be set to its end date before making the following inputs:
N=17(number of annual coupons in 17 years)
PMT=100(annual coupon=face value*coupon rate=$1000*10%=$100)
PV=-1120(the current price is $1,120)
FV=1000(the face value of the bon is $1000)
CPT
I/Y=8.63%
EXCEL APPROACH:
=rate(nper,pmt,-pv,fv)
nper=N=17
=rate(17,100,-1120,1000)
rate=8.63%
I’m pretty sure it’s d sorry if it’s wrong!