Answer:
Solvency
Explanation:
Solvency is defined as the ability of a company to meet it's long term financial obligations like having the ability to pay off debts as they mature. Solvency measures if a company is able to pay off it's debt in long term.
Although solvency and liquidity are similar, difference is liquidity is more concerned with paying off short term debts.
A company or firm is said to be solvent when the current assets exceeds current liabilities.
Answer: $11920 Overapplied
Explanation:
We have to calculate the Predetermined overhead rate which would be:
= Estimated total manufacturing overhead / Estimated amount of the allocation base
= $355,680 ÷ 14,400 direct labor-hours
= $24.70 per direct labor-hour
Since the actual hours is 10,800 hours, therefore, the applied overhead would be:
= 10,800 × 24.70
= $266,760
Since the actual overhead = $254,840, then the overapplied Overhead would be:
= $266,760 - $254,840
= $11920 Overapplied
Answer:
final net income = $3830.9375
Explanation:
GIVEN DATA:
sales = $15000
DEPRECIATION = $1200
interest rate = 6.25%
federal+state income tax rate - 35%
OPERATING COST EXCLUDING DEPRECIATION = $7500
total operating cost = 7500+ 1200 = $8700
interest given = 6500*0.0625=406.25
net income with tax= 15000-8700-406.25 = 5893.75
final net income = 5893.75*(1-0.35)=3830.9375
Answer:
C. computer malware
Explanation:
The major drawback associated with both online as well as mobile banking is "<u>computer malware</u>". As malware is a type of product that is intentionally designed to harm computers, computer networks and as well as servers. Malware harms a computer basically when it comes from any source to an individual's computer system. It will be appearing as contents, other programming or executable code.
