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3 years ago

Missing one payment may cause borrowers to

Business

2 answers:

Vitek1552 [10]3 years ago

8 0

The answer is C. Be charged a late fee.

finlep [7]3 years ago

3 0

Be charged a late fee.

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Mortensen Industries, which uses a process-costing system, adds material at the beginning of production and incurs conversion co

Dovator [93]

Answer:

60%

Explanation:

Calculation for what the ending work-in-process inventory's stage of completion is:

First step is to calculate the Total materials

Total equivalent units of materials + Units started and completed during the period = Total materials or 6,100 + x = 8,000; x = 1,900 (8,100-6,100)

Second step is to calculate Partial units with conversion costs in ending inventory

Using this formula

Partial units with conversion costs in ending inventory= Equivalent units of conversion –

Units started and completed during the period

Let plug in the formula

Partial units with conversion costs in ending inventory= 7,240 – 6,100

Partial units with conversion costs in ending inventory = 1,140 units

Now let calculate the ending work-in-process inventory's stage of completion

Ending work-in-process inventory's stage of completion= 1,140 ÷1,900

Ending work-in-process inventory's stage of completion=0.6*100

Ending work-in-process inventory's stage of completion= 60%

Therefore the ending work-in-process inventory's stage of completion is:60%

6 0

3 years ago

Money includes only the few types of wealth that are regularly accepted by sellers in exchange for goods and services. true or f

Rom4ik [11]

Answer: True

Explanation: think about reality what do people do for money

7 0

3 years ago

Read 2 more answers

Describe how the worksheet creates an efficient process in the workplace.

Maru [420]

Answer:

Explanation:

Its importance is that it is a draft prepared by the accountant, with the purpose of preparing, based on it, the main financial statements, such as the profit and loss statement, the balance sheet and the surplus.

7 0

3 years ago

Read 2 more answers

What allows every department of a company to store and retrieve information in real-time, allowing information to be more reliab

Dmitry_Shevchenko [17]

The company depends on their company database when it comes to the storage and retrieval of important information in real time. This allows the company to have information which is reliable and accessible. The database of the company is a collection of data that is saved and organized to allow the user s to have its easy retrieval in times that they want to use or utilize it. The collection of information includes schemes, tables, queries, reports, views and other objects. The maintenance and accessibility of the database will need the company to have DBMs or Database Management System. The use of this system is to make sure that the data stored is safe and secured.

5 0

3 years ago

Stock Y has a beta of 1.2 and an expected return of 12.1%. Stock Z had a beta of 0.8 and an expected return of 7.85%. The risk-f

levacccp [35]

Answer:

Since the expected return and required return are different for both Stock X and Z, we say that they are not correctly priced

Explanation:

To determine whether or not the stocks are correctly priced ,

we have to compare the required return and the expected return on each of them.

Required return = Rf +β (Rm-Rf)

Note that Rm-Rf is also known as market risk premium

Stock Y Stock Z

Required return 2.4% + 1.2(7.2%) 2.4% + 0.8(7.2%)

= 11% = 8.2%

Expected return 12.1% 7.85%

Since the expected return and required return are different for both Stock X and Z, we say that they are not correctly priced

6 0

4 years ago