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Inga [223]
1 year ago
6

_____ involves assembling, packing, labeling, checking and actually moving goods to customers by the best possible means in term

s of cost, safety and speed.(1 Point)
Driving
Production
Distribution
Direction
Business
1 answer:
amm18121 year ago
6 0
Production or distribution is the correct answer
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Sage Company borrowed $3,000,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the
valina [46]

Question:

Riverbed Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $5,400,000 on March 1, $3,600,000 on June 1, and $9,000,000 on December 31. Riverbed Company borrowed $3,000,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5-year, $6,000,000 note payable and an 11%, 4-year, $10,500,000 note payable. Compute avoidable interest for Riverbed Company. Use the weighted-average interest rate for interest capitalization purposes.

Answer:

The total avoidable interest is $743,040.00

Explanation:

Here we have        

Date         Expenditure              Period         Portion

Mar-01     $5,400,000.00         10/12     $4,500,000.00

Jun-01     $3,600,000                7/12             $2,100,000

Dec-31    $9,000,000                0/12            $0

Total                                                               $6,600,000.00

The weighted average expenditure is  $6,600,000.00

The weighted average rate using the notes payable loan is found by the following calculation

Type of loan Amount             Interest rate Interest incurred

Loan               $6,000,000             10%            $600,000.0

Loan               $10,500,000            11%             $1,155,000.00

Total              $16,500,000                                $1,755,000.0

Weighted average rate = Total interest incurred / Total loans

Weighted average = 1755000/16500000 = 0.10636 = 10.64%

The general interest is found by subtracting the specific loan from the weighted average expenditure

General = Weighted average expenditure - Specific loan

General =  $6,600,000.00 - $3,000,000 = $3,600,000.00

The avoidable interest is found  by summing the specific interest to the weighted average interest as follows

Type of loan    Amount            Interest rate Interest incurred

Specific            $3,000,000   12%   $360,000.00

General            $3,600,000   10.64% $383,040.0000

Total                                                               $743,040.00

The total avoidable interest = $743,040.00

5 0
3 years ago
Name some cool crome book games
Lunna [17]
Is that really a question... I hope not.
7 0
3 years ago
Farmer Brian has 3 acres of land which he farms efficiently. Each acre can support 10 apple trees. However the 3 acres differ in
Alex17521 [72]

Answer:the opportunity cost of growing another apple tree is 2 orange trees

Explanation:

Opportunity cost represents the  value of cost  what must be given up toin order to obtain the best alternative.

Here Farmer Brain has 3 acres of land that can support 10 apple threes on each acre, and 30 orange tree on best acre, 20 on good acre and 10 oranges on bad acre.

that means he can grows 30 apples  on the 3 acres and 60 oranges at  on the 3 acres. giving us

the opportunity cost of growing an orange tree is

60 oranges ( 30+20+10)trees= 30 apples tress

1 orange tree = 30/60

1 orange tree=1/2 apples

therefore the opportunity cost of growing an orange tree is half apple tree, Also the opportunity cost of growing an apple tree is 2 orange trees

7 0
3 years ago
Frank has an auto policy with a coverage limit of $30,000 and a deductible of $1,000. He gets into an accident and the damages t
irakobra [83]

Answer:

$1000

Explanation:

Given the policy coverage = $30000

The amount of deductible = $1000

Total damage of the car when the accident occurred = $6200

Below is the calculation to find the amount that Frank has to pay:

The amount payable by Frank out of pocket = Deductible amount

The amount payable by Frank out of pocket = $1000

4 0
2 years ago
When a seller advertises goods for sale on a web site, that seller is making an offer to potential buyers.
Stels [109]
I believe that the answer is true.
7 0
3 years ago
Read 2 more answers
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