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3 years ago

Will give brainliest

Business

1 answer:

xeze [42]3 years ago

7 0

Answer:

Avoid, because if we study we legit don't have time to take stress so for me it is stress.

Mark as brainliest plssss for u i answered this question...

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Subprime lending means lending to borrowers and charging interest that is below the current prime interest rate.

STALIN [3.7K]

Answer:

False

Explanation:

Subprime lending means lending to borrowers and charging interest that is above the current prime interest rate.

The current prime interest refers to the rate offered to the best credit rated customers based on their credit history. This rate is lower as it is meant to be an attraction for the customers who are good credit payers and takers.

The sub-prime lending refers to giving loans at a rate higher than current prime interest rate to the borrowers who are lower on credit rating. This lending takes on higher risk and hence thereby charges higher interest from the borrowers.

8 0

3 years ago

"Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding sha

Ghella [55]

Answer:

Additional paid in capital in excess of par value is any amount of money received through issuing stocks at a higher value than par:

additional paid in capital = ($47 - $5) x 12,000 stocks = $42 x 1,200 = $504,000

Additional paid in capital does not affect retained earnings, so retained earnings should remain unchanged.

8 0

3 years ago

Champagne of the South, Inc., a manufacturer of bottled sweet tea, had the following beginning and ending inventories for the

nekit [7.7K]

Answer:

total manufacturing cost added for the period 105,169

Cost of goods manufactured 106,064

Cost of goods sold 110,564

Explanation:

First, we need to know the amount of direct materials used in production.

beginning raw materials 10,000

purchase 27,000

ending (1,702)

indirect materials (2,129)

direct materials 33,169

now, we calculate the cost added during the period

direct materials 33,169

direct labors 30,000

overhead 42,000

total cost added 105,169

next step, we calculate the cost of goods manufactured from the WIP

WIP 17,895

added 105,169

WIP ending (17,000)

COGM 106,064

And last, the cost of goods sold

beginning finished goods 21,000

COGM 106,064

ending finished goods (16,500)

COGS 110,564

6 0

4 years ago

A description of what the company is capable of becoming is referred to as A. strategic mission. B. strategic flexibility. C. st

bulgar [2K]

Answer:

C. strategic vision.

Explanation:

Strategic vision -

It provides the overview about the success or failure in the coming future , is referred to as strategic vision.

This helps to forecast the future , goals and th upcoming projects of the company or organisation .

The strategic can be short as well as long term , depending on the time period of the project .

Hence , from the given information of the question,

The correct option is C. strategic vision .

4 0

3 years ago

The Lowery Co. uses the direct write-off method of accounting for uncollectible accounts receivable. Lowery has a customer whose

Annette [7]

Answer:

d. Debit Bad Debt Expense; Credit Accounts Receivable

Explanation:

This would be the entry needed to write-off this account. This is an example of the direct write-off method of accounting. This is a method that is employed to recognize bad debts expense that arises from credit sales. This method does not permit allowance account. Instead, an account receivable is written-off directly to expense after the account is determined uncollectible.

7 0

3 years ago