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4 years ago

Protective Covenants are:

Business

2 answers:

MaRussiya [10]4 years ago

5 0

Answer:

The correct answer is C. All of the above .

Explanation:

A protective covenant is there to ensure that the lenders interests are protected and that the recollect of the loan is possible.

Both of the answer a and b are expressing this in different ways.

melamori03 [73]4 years ago

3 0

Answer:

The correct answer is letter "C": All of the above.

Explanation:

A Protective Covenant is a term imposed on a loan or other form of debt arrangement that demands that the borrower maintain or even refrain from certain business activities. Covenants protect the borrowers from threats that they did not foresee when calculating the risk of the loan. Most loan agreements include a clause that the lender shall have the power to make the loan due and payable immediately if a covenant is violated.

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ohn joined the military during his senior year in high school with a deferred reporting date. He heard about jobs within the mil

nirvana33 [79]

Answer: a. Boot camp is the military's version of employee orientation.

Explanation:

To become an employee in a company, it is standard practice for the employer to give the employee an orientation so that they may be able to perform better at their jobs because they would know what is expected of them and how to go about achieving this.

This is the same for the military. When they send recruits to boot camps, they are doing their version of employee orientation because the recruit will learn what Uncle Sam expects from them and how they are to accomplish these tasks.

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3 years ago

Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead

krok68 [10]

Answer:

d. underapplied by $ 3,000

Explanation:

Computation of predetermined overhead rate based on direct labor hours

Estimated Overhead Cost $ 330,000

Estimated Direct Labor Costs 55,000 hours

Predetermined Overhead rate ( $ 330,000/ 55,000) $ 6 per labor hour

Total applied overhead = Actual Direct Labor hours times Overhead rate

57,000 hours * $ 6 per hour $ 342,000

Actual manufacturing overhead <u>$ 345,000</u>

Under applied overhead $( 3,000)

3 0

3 years ago

Calculate the present value of the following sequence of willingness to pay: $150 this year; $150 next year; $150 in year 2, and

goldenfox [79]

Answer:

$472.10

$482.78

decreasing the discount rate increases the present value of the willingness to pay

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 0 - 2 = $150

Cash flow in year 3 = $50

PV when I is 5% = 472.10

PV when I is 3% = 482.78

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

7 0

3 years ago

Suppose that Rich and Sheri each own the two largest helicopter tour companies at the Grand Canyon. If each uses a pricing strat

Eddi Din [679]

Answer:

D) Tourists would end up receiving great deals for helicopter tours.

Explanation:

A prisoner's dilemma is a paradox formulated by Merrill Flood and Melvin Dresher. It refers to a situation where two competing individuals (or businesses) should cooperate in order to obtain the best possible results, but they do not cooperate because they lack incentive to do so.

When competing individuals do not cooperate with each other, other people will benefit. In this case since Rich and Sheri will not cooperate with each other, their customers will benefit. In order to win more clients, Rich may start to lower the price of his tours, and eventually that will force Sheri to lower her prices in order to not lose clients. At the end, their customers will benefit because they will pay lower prices.

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4 years ago

Braxwell Corporation acquired the following assets associated with a manufacturing facility for a lump-sum price of $9,400,000.

arlik [135]

Answer:

purchase cost of patent = $1,880,000

Explanation:

total independent values = $1,100,000 + $2,200,000 + $3,300,000 + $4,400,000 = $11,000,000

we must allocate the purcahse cost proportionally:

purchase cost of building = $1,100,000/$11,000,000 x $9,400,000 = $940,000

purchase cost of patent = $2,200,000/$11,000,000 x $9,400,000 = $1,880,000

purchase cost of land = $3,300,000/$11,000,000 x $9,400,000 = $2,820,000

purchase cost of equipment = $4,400,000/$11,000,000 x $9,400,000 = $3,760,000

7 0

3 years ago