Answer:
$570,000
Explanation:
Total machine maintenance cost calculation.
Depreciation expenses $20,000
Operating cost
($275,000 MH × $2). $550,000
Total machine machine maintenance cost $570,000
Therefore, the total machine maintenance cost of the machine is $570,000
Answer:
C) COLA plus 2.4%
Explanation:
COLA stands for cost of living increase. It refers to the amount that Social Security benefits increase according to inflation rate. This way the Social Security payments should not lose purchasing power against rising inflation, because if inflation rises, the COLA will also increase.
In this case, Nancy's union negotiated an agreement by which the union members' salaries would be 2.4% higher than COLA increases, so they will be 2.4% higher than inflation rate.
Answer:
Hedge funds
Explanation:
A mortgage is a long-term loan facility used to finance the purchase of homes and other properties. It is a long-term loan due to the high amount that needs to be borrowed. Customers in need of a mortgage facility may go to a bank, mortgage bankers, or savings and loan institution.
A hedge fund is a portfolio investment instrument. It is an association between a professional fund manager and investors. They pool their resources together in diversified investments. The investors are passive while the fund manager aggressively invests the funds r to generate higher returns to the investors.