Answer: Finance companies
Explanation:
Finance company, refers to specialized financial institution that provides credit in order to buy consumer goods and also grant small loans to their consumers. They're different from the commercial banks as they do not accept deposit.
Finance companies can also borrow money from the commercial banks or the Federal Reserve System at a low interest rate and will then lend the monwy out at a higher interest rate.
Answer:
$20,000
Explanation:
Residual income is the income that is in excess of the minimum rate of return required on a company. So in this case the required return is 10% which is the minimum rate of return, any money made after the 10% return is residual income. First we need to find income
Income = Sales - Fixed costs - Variable Costs
=400,000-100,000-200,000
=100,000
Now we have to find the return, and we can find it by dividing income by total operating assets so return =
100,000/800,000=0.125= 12.5%
Residual income = Return - Required Return
= 12.5%-10%= 2.5%
The residual income is 2.5% of the operating assets so
800,000* 0.025=20,000
The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.
The SEC protects buyers by enforcing our state's securities laws, taking movement against wrongdoers, and overseeing our securities markets and companies to make certain that investors are dealt with fairly and in reality.
The Securities and exchange commission (SEC) is the U.S. government organization in fee of the state's securities enterprise. It monitors transactions, as well as the sports of monetary specialists.
The SEC is an impartial federal business enterprise, installed pursuant to the Securities change Act of 1934, headed via a five-member commission. The Commissioners are appointed by the President and showed by way of the Senate.
Learn more about government here: brainly.com/question/1078669
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Answer:
sale price is $0.78
Explanation:
Given data
assets = $10,000,000
rate = 7% = 0.07
Sales volume = 350,000 units per year
Variable costs = $16 per unit
Fixed costs = $1,500,000 per year
to find out
sales price per unit
solution
we find required return that i s
return = asset × rate
return = 10,000,000 × 0.07
return = $700000
so here total cost = Sales volume × Variable costs + fixed cost
put here all these value
total cost = 350000 × 16 + 1,500,000
total cost = $7100000
so now for sale price
sale price = total cost + required return / sale
put all these value
sale price = ( 7100000 + 700000 ) / 10,000,000
sale price is $0.78
Answer:
Option (C) is correct.
Explanation:
Variable costs = $28
Allocated fixed costs = $17
Selling price = $84
Due to acceptance of M offer, S would be got excess contribution margin per unit. Because acceptance selling price ($34) is greater than the variable cost per unit ($28).
We don't have any information about the fixed cost due to acceptance. Therefore, we assumed that fixed cost is not increased.
Increased contribution margin per unit:
= Selling price - Variable cost
= $34 - $28
= $6
For 3,000 units, Increased contribution margin = 3,000 × $6
= $18,000
Therefore, net income is increased by $18,000 when the offer is accepted.
