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1 year ago

What is the direct financing?.

1 answer:

4 0

Direct financing occurs when you request for a loan from the same lender—typically a bank or other financial institutions.

In the case of direct financing, you will be given your particular loan or interest rate and informed of the total amount you must pay at the dealership. The adaptability and customizability of direct financing are two of its main benefits. Before or after shopping, you can submit as many loan applications as you like. Plus, when you deal with a lender directly, you have complete control over the procedure.

The fact that direct financing typically requires more time is one drawback. Additionally, make sure to conduct some research to identify your best options.

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Beg. of Year End of Year Raw Materials Inventory $26000 $31,459 Work in process inventory $35000 $30,113 Finished goods inventor

Hunter-Best [27]

Answer:

COGS= $168,899

Explanation:

Giving the following information:

Beginning Raw Materials $26000

Ending Raw Materials $31,459

Beginning Work in process $35000

Ending WIP $30,113

Beginning Finished goods $14000

Ending Finished goods $28,663

Purchases of DM $73000

Direct Labor $43,853

Manufacturing overhead:

Indirect Labor $40000

Insurance on plant $10000

Depreciation - plant building and equipment $12,294

Repairs and maintenance - plant $4,987

Total= $67,281

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 35000 + (26000 + 73000 - 31459) + 43853 + 67281 - 30113= 183,562

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 14000 + 183562 - 28663= $168,899

3 0

3 years ago

According to the production possibilities curve above, if the economy is producing 75 fishing boats and 400 jars of guava jelly,

Thepotemich [5.8K]

Answer: the economy is using resources efficiently

Explanation:

The Production Possibility Curve simply shows how two goods can be produced in an economy when the resources that are used to produce the goods are being used efficiently without wasting them.

According to the production possibilities curve above, if the economy is producing 75 fishing boats and 400 jars of guava jelly, then the economy is using resources efficiently.

Here, economic efficiency simply means that the resources that are utilized are optimally allocated while inefficiency and wastage are being minimized. Foe economic efficiency to take place, there'll be opportunity cost. This is shown in the graph as more fishing boats are produced, less jars of guava jelly are made and vice versa.

6 0

4 years ago

Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending sha

Tamiku [17]

Answer:

Percentage of total return is -7.87

Dividend yield is 2.47%

Explanation:

Rate of return is the rate of income earned during the period in which the investment is held. It includes any income in the form of dividend and price difference.

Dividend received = $2.15

Price difference = Current price - Initial Price = $78 - $87 = -9

Rate of return = ( ( Dividend received + Price change ) / Initial price ) x 100

Rate of return = ( ( $2.15 + (-9) ) / 87 ) x 100

Rate of return = ( -6.85 / $87 ) x 100

Rate of return = -7.87%

Dividend Yield = Dividend / Current Stock price = $2.15 / $87 = 0.0247 = 2.47%

3 0

4 years ago

A typical housing lease may require a tenant to:

Alex

A typical housing lease could ask for all of the above. Tenants are expected to keep up the property and repair any damages, if not the cost of the repairs will be taken from the security deposit. Some leases require renter's insurance to protect against loss and most leases will have a clause stating you must avoid illegal activities on the property.

3 0

3 years ago

A bond with a face value of $1000 is convertible to common stock at a conversion ratio of 60. If the stock is currently trading

KengaRu [80]

Answer: B. about $492

Explanation:

The Face value of bond is $1,000 The Conversion ratio is 60 and the current Stock price is $8.20 per share

The conversion ratio of 60 means that for each convertible bond, there would be 60 shares to be issued to the holder if they want to convert their bond to the shares.

Therefore, for one single bond, the number of shares to be issued is 60.

Calculating the closet value of the convertible bond will then be:

Value of the bond = Conversion ratio * Stock price

= 60 x $8.20

= $492.00

Therefore, the value of the bond is closet to $492.00.

4 0

3 years ago