Which of the following is a non depository financial institution?

Fill in the blanks with the word(s) from the drop-down list that would best complete the passage. Free trade has not produced al

iragen [17]

Answer:

Lowered, improved, increased, choice

Explanation:

Free trade has not produced all of the economic impacts that were originally predicted. At the same time, it is known that global shifts in production and trade have generally lowered consumer cost, improved company profits, and increased product choice.

3 0

3 years ago

The Next Monet, Inc., operated art schools. At one of its classes, John Picasso (no relation to the great artist) was praised by

Schach [20]

Answer:

Option B

Explanation:

In simple words, The given case is related to the conclusion made by the court in the famous case of Vokes versus Arthur MurrayLinks, in which the jury in the court rules that, a determination of a party carrying better information about a subject matter may be treated as a matter of fact even though it would be treated as an opinion if the parties were speaking for deal on equal conditions.

7 0

4 years ago

A firm has a fixed production cost of $1 comma 000 and a constant marginal cost of production of $100 per unit produced. What

Semenov [28]

Answer:

option (D) TC = $1,000 + $100q

Explanation:

Data provided in the question:

Fixed cost of production = $1,000

Marginal cost of production = $100 per unit produced

Now,

let the total number of quantities produced be 'q'

also,

the total cost is given as:

⇒ Total cost, TC = Total fixed cost + Total marginal cost

or

⇒ TC = $1,000 + ( $100 × q )

or

⇒ TC = $1,000 + $100q

Hence,

The correct answer is option (D) TC = $1,000 + $100q

7 0

3 years ago

Riverbed Company has an old factory machine that cost $54,000. The machine has accumulated depreciation of $30,240. Riverbed has

igomit [66]

Answer:

a.

The entry Riverbed would make:

Debit Cash $27,240

Debit Accumulated depreciation account $30,240

Credit Gain on asset disposal $3,480

Credit Machine asset $54,000

b.

The entry:

Debit Cash $17,240

Debit Accumulated depreciation account $30,240

Debit Loss on asset disposal $6,520

Credit Machine asset $54,000

Explanation:

Companies frequently sell plant assets to dispose them. To recognize gain or loss on disposal:

First, the company calculates the carrying amount of the asset by using the original cost of the asset, minus all accumulated depreciation and any accumulated impairment charges.

Then, subtract this carrying amount from the sale price of the asset. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss

In Riverbed Company, the carrying amount of the machine = $54,000 - $30,240 = $23,760

a. Sale price - Carrying amount of the asset = $27,240 - $23,760 = $3,480

=> The company recognizes gain on disposal $3,480

The entry should be made:

Debit Cash $27,240

Debit Accumulated depreciation account $30,240

Credit Gain on asset disposal $3,480

Credit Machine asset $54,000

b. Sale price - Carrying amount of the asset = $17,240 - $23,760 = -$6,520

=> The company recognizes loss on disposal $6,520

The entry:

Debit Cash $17,240

Debit Accumulated depreciation account $30,240

Debit Loss on asset disposal $6,520

Credit Machine asset $54,000

3 0

3 years ago

Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR

MrRissso [65]

Answer: 13.21%

Explanation:

IRR(-1000,{425,425,425)= 13.21%

3 0

3 years ago