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-Dominant- [34]
3 years ago
8

Organizations known as ________ have a significant role in the economic recovery. Some start-up businesses have successfully fou

nd sources of capital by going through one of these organizations.
A. ARMs (Adjusted Rate Mortgage lenders)
B. PACs (Personal Asset Collateral funds)
C. Venture Capitalists
D. CDIFs (Community Development Financial Institutions)
Business
1 answer:
skelet666 [1.2K]3 years ago
8 0

Answer:

D

Explanation:

The Community Development Financial Institutions Fund (CDFI Fund) plays a major role in causing economic growth and solutions in some of the nation’s most distressed communities. They offer tailored resources and creative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.

Financing busineese, creating jobs building homes is a critical step in the transformation of a life, a family, and a community. This is real change. This is what the CDFI Fund does to the community.

You might be interested in
aria's Food Service provides meals that nonprofit organizations distribute to handicapped and elderly people. The following is h
zhannawk [14.2K]

Answer:

Increase operational profit by $156

Explanation:

As for the provided information, we know that the there is an idle capacity lying, which can now be used, and since the capacity is idle, no extra fixed cost will be incurred.

The variable cost for each unit is as follows:

Cost of meal produced = $14,720 which includes fixed cost of $4,864, variable cost = $14,720 - $4,864 = $9,856

Cost per meal = $9,856/3,200 = $3.08

Administrative cost as provided will not be affected.

Thus, the total relevant cost per meal = $3.08

Cost of 300 meals = $3.08 \times 300 = $924

Since the organization will pay $3.60 per meal, there will be total revenue from such sales as follows:

$3.60 \times 300 = $1,080

Less: Total Cost = ($924)

Profit = $156

Therefore, this special order will increase the operating profit of Maria by $156.

8 0
3 years ago
The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 2,150 units at $24 each on January
jekas [21]

Answer:

$26,159

Explanation:

Cost of goods available for sale = (2,150 units * $24) + (2,400 units * $23) + (1,150 units * $25)

Cost of goods available for sale = $51,600 + $55,200 + $28,750

Cost of goods available for sale = $135,550

Number of units available for sale = 2,150 units + 2,400 units + 1,150 units

Number of units available for sale = 5,700 units

Weighted average cost per unit = Cost of units available for sale / Number of units available for sale

Weighted average cost per unit = $135,550 / 5,700

Weighted average cost per unit = $23.7807

<em>Xu sells 1,100 units during the quarter.</em>

Cost of goods sold = 1,100 units * $23.7807 per unit

Cost of goods sold = $26,159

7 0
2 years ago
Which product would be considered part of the business-to-business market?
JulijaS [17]

The product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.

<h3>What is a business-to-business market?</h3>

A business-to-business market describes a process whereby goods or services are exchanged for the production of other goods or services.

In this market, the buying organization is not the final consumer but a producer of goods from the purchased inputs.

<h3>Question Completion with Answer Options:</h3>

a) Classes at a university for a college freshman

b) Lumber needed to make furniture

c) A haircut from a salon

d) Appliances needed for your home

Thus, the product that would be considered part of the business-to-business market is the <u>b) Lumber needed to make furniture</u>.

Learn more about the business-to-business market at brainly.com/question/25492268

#SPJ1

6 0
1 year ago
In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b
Travka [436]

Answer:

Correct option is (c)

Explanation:

Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.

Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.

So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.

6 0
3 years ago
Michael's Machine Shop reports the following information for the quarter.
Mandarinka [93]

Answer:

a. $26

b. $23

c. $34

d. $29

e. $21

f.  $11

g. $14

h. $11

Explanation:

a. Variable cost per unit.

Variable cost per unit = Variable Manufacturing Costs + Variable Non - Manufacturing Costs

                                    = $12 + $9 + $2 + $3

                                    = $26

b. Variable production cost per unit.

Variable production cost per unit = Variable Manufacturing Cost

                                                       = $12 + $9 + $2

                                                       = $23

c. Full cost per unit.

Full cost per unit = Manufacturing and Non - Manufacturing (Variable and Fixed)

                            = $12 + $9 + $2 + $3 + $47,500/23,750 units + $142,500/23,750 units

                            = $12 + $9 + $2 + $3 + $2 + $6

                            = $34

d. Full absorption cost per unit.

Full absorption cost per unit = Variable Manufacturing Costs + Fixed Manufacturing Costs

                                                = $12 + $9 + $2 + $6

                                                = $29

e. Prime cost per unit.

Prime cost per unit = Direct Manufacturing Costs'

                                = $12 + $ 9

                                = $ 21

f. Conversion cost per unit.

Conversion cost per unit = Direct Labor Costs + Overheads Costs

                                         = $9 + $2

                                         = $11

g. Contribution margin per unit.

Contribution margin per unit = Sales - Variable Costs

                                                = $ 40 - $26

                                                = $ 14

h. Gross margin per unit.

Gross margin per unit = Sales - Full absorption cost per unit

                                     = $40 - $29

                                     = $11

3 0
3 years ago
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