Answer:
see below
Explanation:
Collateral refers to a valuable asset that a borrower offers to a lending institution to guarantee that they will repay the requested loan. Usually, collateral has a higher value than the loan amount. Collateral reduces the risk to the lender, which translates to lower interest rates.
Examples of assets that Pedro can use as collateral include.
1. Motor Vehicles
2. Properties such as land and Buildings
3. Machinery and equipment
4. Inventory
Answer:
Interest payment on bonds payable is a cash outflow from financing activities.
Explanation:
The only statement which is false from the list is : Interest payment on bonds payable is a cash outflow from financing activities.
Interest payment on bonds payable is an expense in the income statement used to determine the income for the year. Net Income falls under the Cash flows from Operating Activities.
Answer:
a. Differential revenue = $18 per pound
Explanation:
Differential revenue refers to additional revenue per unit.
Current revenue per unit = $20 - $15.75 = $4.25 per unit on Product J
When it will be further processed to form Product D
Net proceeds to be realized from each unit of product D = $38
Net revenue = $38 - $24.30 = $13.7
Additional or differential revenue = $38 - $20 = $18 per unit
As for $20 selling price the revenue was recognized earlier now additional revenue = $38 - $20 = $18 per pound
Note: Revenue is the proceeds from sale and not the net profit.
Differential revenue = $18 per pound
Answer:
Mary should answer that more than half of the boxes not be rejected.
Explanation:
Probability:
Box has one defective screen = 0.6
Box has three defective screen = 0.4
no. of screens in a box = 8
The box is rejected if both of the inspected screens are defective.
Probability of rejecting a box:
= 0.04286
Only 4.286% of the boxes will be rejected.
Therefore, Mary should answer that more than half of the boxes not be rejected.
