All categories

4 years ago

A financial fee that investors and other financial institutions charge for the use of their money is called

Business

2 answers:

Marysya12 [62]4 years ago

5 0

It’s (C. )Mortgage

babunello [35]4 years ago

3 0

Answer:

The answer is interest

Explanation:

I just finished the test

You might be interested in

What luxury good is produced in mongolia?

erik [133]

Among the luxury goods produced in Mongolia are luxury clothing made from the finest wools, hides, and skins there. The country also exports machinery and equipment. The Republic of China is the leading trading partner of Mongolia accounting to a percentage about 95.5%.

3 0

3 years ago

Physical distribution or shipping only refers to the process of transporting goods. True or false?

Natali [406]

The answer is FALSE. Hope this helps.

8 0

3 years ago

Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on

frozen [14]

Answer:

Estimated manufacturing overhead rate= $1.84 per direct labor dollar

Explanation:

Giving the following information:

Total Direct labor costs= 60,000 + 103,000= $163,000

Total estimated overhead costs are $300,000.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/163,000

Estimated manufacturing overhead rate= $1.84 per direct labor dollar

5 0

3 years ago

Your firm needs a computerized machine tool lathe which costs $53,000 and requires $12,300 in maintenance for each year of its 3

solniwko [45]

Answer:

$4,833.282

Explanation:

Calculation to determine the after-tax salvage value

First step is to calculate the remaining value after 3 years

Using this formula

Remaining value after 3 years = (Purchase price)x(1-summation of MACR rates from start to the current date)

Let plug in the formula

Remaining value after 3 years=$53,000*[(1-0.3333)-0.4445-0.1481]

Remaining value after 3 years=$53,000*$0.0741

Remaining value after 3 years=$3,927.3

Now let calculate the after-tax salvage value

After-tax salvage value=$5,300-[($5,300-$3,927.3)*0.34]

After-tax salvage value=[$5,300-($1,372.7*0.34)]

After-tax salvage value=$5,300-$466.718

After-tax salvage value=$4,833.282

Therefore The After-tax salvage value will be $4,833.282

8 0

3 years ago

Identify the current status items that would be most helpful toward becoming a Roofer. Check all that apply.

Oliga [24]

Skills that will be useful for a roofer:

1. I am physically fit and strong -

3. Math and shop class. Math is important because there will be measurements and counting involved.

4. Good at managing my own time.

3 0

4 years ago

Read 2 more answers