Assume a machine that has a useful life of only one year costs $2,000. assume, also, that net of such operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300. if the firm finds it can borrow funds at an interest rate of 10 percent, the firm should
a) not purchase the machine, because the expected role of return exceeds the interest rate)
b) not purchase the machine, because the interest rate exceeds the expected of retum
c) purchase the machine because the expected rate of retur exceeds the interest rate)
d) purchase the machine because the interest rate exceeds the expected rate of return

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

Witch is an example of a non durable good?

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?