Answer:
$231,000
Explanation:
The maximum loan amount that the borrower would get from a bank is the 70% of the contract price which is computed thus:
The understanding here is that the bank would provide 70% counterparty funds which is equivalent to 70% of $330,000 i.e $231,000(70%*$330,000).
In other words,the borrower should be willing to provide 30% of $330,000 while the bank complements the borrower's efforts withe balance of 70%
Answer:
2 tons of millet for New Zealand and 3 tons of millet for Brazil.
Explanation:
New Zealand and brazil both can produce corns and millet. The opportunity cost for Brazil is more than the New Zealand. Both the countries should go towards the production of the crop in which they have comparative advantage. New Zealand has comparative advantage in producing millet and Brazil has comparative advantage in producing corn.
Hey there,
<span>Jim is creating an electronic document. He would like readers to be able to jump to different parts of the document without scrolling through each page. Which of the following technologies should Jim use?
There are surely no options. But based on my research and understanding of this question above, I believe that the best thing for Jim to do is to use a </span>HTML language to create hyperlinks. This would help him and other people to not be very inpatient and also, they wouldn't have to scroll down to see other information. So by using HTML language to create hyperlinks, this would be a (auto) scroll basically to move on the next parts of his speech.
Hope this helps
Answer:
$45,000
Explanation:
The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and has a net realizable value of $10,000. Its inventory of coffee makers with timers cost $35,000 and has a net realizable value of $35,000.
The amount that should be reported for Daily Grind's inventory is the net realizable values which is $10,000 + $35,000 = $45,000
<u>According to International Financial Reporting Standards, inventory should be valued at lower of cost and net realizable value. </u>
<u>Since the cost value of ''inventory of coffee makers without timers'' is higher than its net realizable value, it cannot be used.</u>
