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3 years ago

12

Which form of credit imposes a credit limit, is unsecured, is high in interest, and has a bank or financial institution as a len

der?

1 answer:

Genrish500 [490]3 years ago

5 0

Which form of credit dependability

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Lion Company makes 10,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part i

Dovator [93]

Answer:

It the company buys the units, the effect on income will be an $8,000 decrease.

Explanation:

Giving the following information:

Production costs:

Direct materials= $13.2

Direct labor= 20.8

Variable manufacturing overhead= 3.00

Avoidable fixed manufacturing overhead= 4.5

Unitary cost= $41.5

Outside supplier offer= 10,000 units for $42,3 each

We need to calculate the relevant total cost of each option.

Make in-house:

Total relevant cost= 10,000*41.5= $415,000

Buy:

Total relevant cost= 10,000*42.3= $423,000

It the company buys the units, the effect on income will be an $8,000 decrease.

8 0

3 years ago

A particular country's exports of goods are increasing exponentially. The value of the exports, t years after 2007, can be ap

Olegator [25]

Answer:

V(t) = $ 1.5 billion for 2007

V(t) = $1.5 billion, 295 million. For 2012

Doubling time = t = 177.69 yrs

Explanation:

a).

V(t) = 1.5e^(0.039t)

For the first year 2007, t= 0

V(t) = 1.5e^(0.039*0)

V(t). = 1.5e^0

V(t) =. 1.5*1 = 1.5

V(t) = $ 1.5 billion for 2007

For 2012 that is 5 years after,t= 5

V(t) = 1.5e^(0.0039*5)

V(t) = 1.5e^ (0.0195)

V(t) = 1.5(1.019691367)

V(t) = 1.5295

V(t) = $1.5 billion, 295 million.

b). Doubling time is when the value of the export is 1.5 *2 =$ 3 billion

3 = 1.5e^(0.0039t)

3/1.5= e^(0.0039t)

2 = e^0.0039t

In 2 = 0.0039t

0.693= 0.0039t

t = 177.69 yrs

7 0

3 years ago

What loan repayment plan is based on annual income?

Alisiya [41]

Answer:

contingent repayment plan

Explanation:

Are there othr options?

It is based on the borrower's income and the total amount of debt. Monthly payments are adjusted each year as the borrower's income changes

4 0

3 years ago

Describe the primary users of financial statements according to the conceptual framework.

zalisa [80]

Answer: Organisations such as IASB and FASB

Explanation: Conceptual framework refers to the system that helps the organisations such IASB and FASB to create rules and standards for financial reporting, that will eventually help the users of financial statements.

This framework consists of ideas and objectives for the above mentioned boards.

Thus, the conceptual framework serves authorities such as IASB and FASB.

7 0

3 years ago

When OSHA was enacted in 1970, it was heralded as the most important new source of protection for the U.S. worker in the second

harkovskaia [24]

Explanation:

This act OSHA is effective in the establishment of safety and health standards in businesses. Without this act there would be unsafe working conditions for employees in some companies.

The act is ineffective because of the political administration of the day. A new administration may decide to increase the budget, while another may decide to cut it. There is no standard budget for OSHA.

I do not think the act should be expanded. But it does need an amendment which should follow technological advancements.

Although this act has set safety guidelines for companies to follow, so as to make sure that workers are safe where they work, I believe that companies, businesses, should be allowed to some extents to set safety standards for their workers above that of OSHA.

4 0

3 years ago