Answer: B. $40,000, $960,000
Explanation:
The long term obligation will be 80% of the collateral value which will be:
= 80% × $1.2 million
= 0.8 × $1,200,000
= $960,000.
Therefore, the short term obligation will be:
= $1,000,000 - $960,000
= $40,000
Answer:
$125,300
Explanation:
The computation of the total manufacturing cost is shown below:
Total manufacturing cost = Direct material cost + direct labor cost + Indirect materials + Factory manager salaries + Factory supplies + Indirect labor + Depreciation on factory equipment
= $40,500 + $39,600 + $15,200 + $7,200 + $9,000 + $6,300 + $7,500
= $125,300
Answer:
Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.
Your pretty much short in supply and cant fulfill the demand
While surplus
When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
Theirs a a large amount of supply due to the pricing most likely beign high
Explanation:
Answer: Yes, the years worth of payments is more than the actual claim
Explanation:
the claim was $2500 and he payed $3,012 a year for insurance
20,950 minus 18750 is 2200 so im guessing the markup is $2200