Answer:
d. $249,000
Explanation:
cost of goods available for sale
= $45,000 + $195,000 - $6,000 + $15,000
= $249000
Therefore, The cost of goods available for sale was $249000.
Answer:
The function that would determine the cost in dollars, c(z), of mailing a letter weighing z ounces is (0.46 + 0.20z)
Explanation:
Weight of the letter = z ounces (z is an integer greater than 1)
cost to mail a letter weighing 1 ounce = $0.46
cost to mail an additional ounce = $0.20
cost to mail z additional ounces = z × $0.20 = $0.20z
Total cost of mailing a letter weighing z ounces = $0.46 + $0.20z
Therefore, cost function, c(z) = 0.46 + 0.2z
Answer:
<em>False</em>
Explanation:
<em>Subprime lending means lending to borrowers and charging interest that is </em><u><em>above</em></u><em> the current prime interest rate. </em>
The <em>current prime interest</em> refers to the rate offered to the best credit rated customers based on their credit history. This rate is lower as it is meant to be an attraction for the customers who are good credit payers and takers.
The <em>sub-prime lending</em> refers to giving loans at a rate higher than current prime interest rate to the borrowers who are lower on credit rating. This lending takes on higher risk and hence thereby charges higher interest from the borrowers.
The given values in the problem are enumerated below:
futa tax rate = 0.8%
suta tax rate = 5.4 %
Employee's fee = $7,100
Amount taxes = $7100 *(0.008+0.054)= $440.2
When an employee earned total wages of $9100, we can solve the unknown:
Employee's wages = $9100 + $440.2
Employee's wages = $ 9540.2
Answer:
B) channel funds directly from lenders to borrowers.
Explanation:
The complete financial system is a means by which money is transferred from savers to borrowers. The financial system is made up of banks, insurance companies, financial markets, and other financial institutions that allow the exchange of money.
Financial markets are the only type of institution that allows the exchange of money from lenders to borrowers without third parties being involved.
