3 years ago

Definition of collateral

Business

2 answers:

Romashka [77]3 years ago

8 0

Collateral- Something pledged as security for repayment of a loan, to be forfeited in the event of a default.

salantis [7]3 years ago

6 0

^^^ I agree have read it over that answer is 100 percent correct

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ABC Manufacturing has total fixed costs of $460,000. A unit of product sells for $20 and variable costs per unit are $11. Prepar

labwork [276]

Answer:

Net Income (Loss) = $440,000

Explanation:

Total Fixed Cost = $460000

Total Variable Cost = $11 * 100,000 unit = $1100000

Total Revenue = $20 * 100,ooo unit = $2000000

Contribution Margin = TR- TVC = ($200,000 - $1,100,000) = -$900,000

Net Income = Contribution margin - Total Fixed cost

Net Income (Loss) = $900,000 - $460,000

= $440,000

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3 years ago

Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing ov

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Answer:

Note: The full question is attached below

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(Being cost assigned to WIP-Fermenting department)

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2 years ago

Definition of collateral

Romashka [77]

Collateral- Something pledged as security for repayment of a loan, to be forfeited in the event of a default.

8 0

3 years ago

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Assume Gillette Corporation will pay an annual dividend of 0.61 one year from now. Analysts expect this dividend to grow at 11.5

SashulF [63]

Answer:

I'm so sorry but I do not know the answer to these kind of a question : )

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1 year ago

What are some reasons why the budget deficit and non budgeted spending have been adding more than $500 billion to the national d

bogdanovich [222]

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3 years ago

Definition of collateral​

Definition of collateral