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3 years ago

WILL GIVE BRAINLIEST

2 answers:

8 0

the answer is b:) because high interest rates mean increased cost for all the others since it is not a fixed cost for them

VashaNatasha [74]3 years ago

5 0

Answer:

Letter B. A borrower that is loaned a 30 year fixed mortgage.

Explanation:

When receiving a fixed mortgage loan, the borrower is not reaching for the interest rate increase, ie the increase does not reach it. In this way, you benefit from the decision to raise interest rates, which is not the case, for example, with a borrower with a variable mortgage loan, where his debt will fluctuate with the interest rate.

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Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be

yaroslaw [1]

Answer:

$83,850

Explanation:

Lacy's Linen Mart

Cost Retail

Beginning inventory$88,500 $139,000

Add: net purchases$331,000 $499,000

Goods available for sale$419,500 $638,000

Cost-to-retail percentage

= $419,500÷ $638,000 = 65%

Less: Net sales($509,000)

Estimated ending inventory at retail

($638,000 -$509,000) $ 129,000

Estimated ending inventory at cost(65% x $129,000)$83,850

Therefore the estimated inventory at June 30, 2021, would be $83,850

5 0

3 years ago

Both the federal government and the state governments share the power to

salantis [7]

Answer: I think its D

Explanation: because they have the power to to tax, make enforce laws, and charter banks

7 0

3 years ago

You have a client, Henry, who does much of his business overseas, and his assistant, sister Avery, often drops off checks at the

ss7ja [257]

It is not permissible to sign the documents on the behalf of the other person.

<h3>What is Business Overseas?</h3>

Business Overseas refers to the business with is outside the country often referred as the International Business. It involves the exchange of the goods and services outside the country.

According to the above scenario, Henry has the international business forgets to sign the critical documents in his absence to the particular place he offers his assistant to sign the papers which is not permissible for him to do so.

Learn more about overseas here:

brainly.com/question/15056320

#SPJ1

5 0

2 years ago

On January 1, 2017, Doone Corporation acquired 70 percent of the outstanding voting stock of Rockne Company for $672,000 conside

bogdanovich [222]

Answer:

Question a:

The non-controlling interest of Rockne´s 2018 net income is $111,000.- calculated by taking 30% of Rockne´s net income of $370,000.-

Question B:

There are 3 entries required to eliminate te sale of goods form rochne to doone.

The first entry eliminates the sales recorded by rockne against te inventory or cost of goods sold by recorded by doone. To consider, the 60% of the purchases went trhough cost of good sol d and 40% of the purchases remain in inventory until the following year. Here is the engru:

Debit/sales/$530

Credit/COGS/ ($318) 60%

Credit inventory ($212) 40%

The next entry has to do with the amount of inventory that remained from the last intercompany transaction. This is caclulated usin 40% of 2017 sales, which were $430. So:

Debit inventory $172

Credit Cogs ($172)

The last part is to eliminate the recievable on the book of rockne when they made te sale

Debit Payable $530

Credit receivable ($530)

6 0

3 years ago

In an exchange, archie gave up his fully depreciated business-use dump truck (fmv $15,000) and $5,000 for a newer business-use d

TiliK225 [7]

Answer:

The realized gain is 0

Explanation:

The fair market value of the truck that archie gives up is $15,000 and the new truck he gets has a fair market value of $20,000. Archie also gives $5,000 in cash plus his old truck in order to buy the new truck.

Gain= Fair market value of new truck -Fair market value of old truck - Cash paid

Gain = 20,000-15,000-5,000

Gain = 0

5 0

3 years ago