Answer:
$85.84 Million
Explanation:
Interest Income has been calculated as under:
Income on Consumer Loan = $372 * 17% = $63.24 Million
Income on Home Equity = $130 * 14% = $18.2 Million
Income on Consumer Loan = $40 * 11% = <u> $4.4 Million</u>
Total Income $85.84 Million
So the total income that the Friendly Financial will earn from the money invested will be $85.84 million.
Answer:
$227,270
Explanation:
The computation of the cost of goods completed and transferred out is shown below
Particulars Direct materials Conversion costs
Beginning inventories 0 340
(850 × 40%)
Units started
and completed 13400 13400
(15,000 - 1,600)
Ending inventories 1600 640
(1,600 × 40%)
Equivalent units 15000 14380
Current costs $155000 $83520
Cost per Equivalent unit $10.3333 $5.8081
Cost of goods completed and transferred out is
= ($5000 + $4000) + (340 × 5.8081) + 13400 × (10.3333 + 5.8081)
= $227,270
Answer:
The following are the values which match the type:
Medical bills are paid - Liability coverage.
Damages to the other car are paid - Pays 0% damages to the other car.
Damages to your car are paid - Collision coverage.
Explanation:
The expenses of the medical are termed under the liability coverage as they certainly could not be ignored and also one cannot choose or select to risk his or her health.
The collision coverage is defined as the payment done for repairing the car, which got damaged because of collision.
When the car is in good condition, then the person could choose for not to spend the money on repairing of the other car. So, paid the 0% for damages to the other car.
Note: Options are missing, so providing the direct answer.
Answer:
It is considered a mixed economy
Explanation: Hope this helps<3
Answer:
The correct journal entry for the following is as:
Accounts Receivable A/c........................ Dr $1,000
Catering Revenue A/c.......................Cr $1,000
Explanation:
The accounting journal entry for the following would be:
Accounts Receivable A/c........................ Dr $1,000
Catering Revenue A/c.......................Cr $1,000
As the catering service is provided by the company which worth $1,000, so the account of accounts receivable is debited as the money is owed to the company through the debtor and it is against the service, so the account of catering revenue is credited.