Answer: indirect transfer using the venture capital firm.
Explanation:
The capital market works to transfer funds from those who have it (savers) to those who need it (borrowers).
There are three ways this happens:
- Direct transfer - Savers transfer the money to those who need it directly without the need for any intermediary. For instance, your uncle loaning you money to start a car wash.
- Indirectly through Investment bank - Investment banks take the money savers deposit with them and invest in people and businesses to create a return for the savers.
- Indirectly through financial intermediary - Intermediaries like Mutual funds, Commercial banks etc, get money from savers and invest in opportunities.
Indirect transfer using Venture capital firm is not one of these ways as it falls under Indirectly through financial intermediary.
Answer:
$395,850
Explanation:
Calculation for Cushman Company Gross profit
Using this formula
Gross Profit=Sales-Sales discounts-Sales returns and allowances-Cost of goods sold
Let plug in the formula
Gross Profit = $812,000 - $12,180 - $18,270- $385,700
Gross profit= $395,850
Therefore Cushman Company Gross profit will equal $395,850
Answer:
Interest = Principal Amount × Rate × Number of days / 365
Interest = $5,700 * 10% * 60/365
Interest = $96.70
Cash to be paid = Principal Amount + Interest
Cash to be paid = $5,700 + $96.70
Cash to be paid = $5796.70
On the date of maturity, journal entry to make the payment of note payable is given below
Date Account Title & Explanation Debit Credit
Note Payable $5,700
Interest Expense $96.70
Cash $5796.70
Answer:
D. lower per unit cost of items produced on the line.
Explanation:
"The primary benefit of assembly lines is that they allow workers and machines to specialize at performing specific tasks, which can increase productivity. Large-scale assembly lines can allow for mass production of goods that would not be possible if products were made from start to finish by a single worker. The high productivity of mass production can also result in lower cost per unit produced than other manufacturing methods."
Reference: Hamel, Gregory. “Pros & Cons of Manufacturing Products With Assembly Lines.” Small Business - Chron.com, Chron.com, 21 Nov. 2017
Answer:
do nothing.
Explanation:
Under the equity method, Johnson's investment in Rockford industries will only vary when Rockford distributes dividends (which reduces the investment amount) or when they earnings or losses. Johnson will recognize 30% f Rockford's earnings as income from is investment, and will also recognize 30% of Rockford's losses as a decrease in its investment (loss). The equity method is not based on stock price.
