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mr_godi [17]
3 years ago
12

Mezzinzi Bank offers loans to companies in the form of bonds. The companies who apply for these loans can repay the amount over

a prolonged period of time. Which of the following financing options is being offered by Mezzinzi Bank in the given scenario?
A. A revolving credit agreement
B. Long-term debt
C. Commercial Paper
D. Trade credit
Business
1 answer:
dmitriy555 [2]3 years ago
3 0

Answer:

B) Long-term debt

Explanation:

Long term debts are loans that are due in more than 1 year, and generally bonds are due in several years.

  • Revolving credit agreements is a revolving line of credit where the client uses the funds only when they need it.
  • Commercial papers are short term promissory notes (due in less than 1 year).
  • Trade credit is usually handed out by a company's vendors where you receive merchandise and pay for it later (usually in a month or two).
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At the beginning of the period, the Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fix
Scorpion4ik [409]

Answer:

Total cost= $385,000

Explanation:

Giving the following information:

Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fixed factory overhead of $28,000 for 8,000 hours of production.

First, we need to calculate the unitary hourly rate for the department:

Total cost= 110,000 + 170,000 + 28,000= 308,000

Hourly cost= 308,000/8,000= $38.5

Now, for 10,000 hours:

Total cost= 38.5*10,000= $385,000

6 0
3 years ago
People want information communicated quickly and clearly. To make your writing more concise and understandable, avoid flabby exp
mash [69]

Answer:

The best revision for the following sentence is:

B) We have identified a problem with our expense sheet, but we will solve it.

Explanation:

In e-mail, letters, messages, memos, and other business documents intended for a busy audience who appreciates getting the information they need quickly and easily, replacing a phrases with a word  in a formal tone, detracting from adding meaning: "we have identified" instead of: "I am sending" or "we need to inform you", keeping the sentence just as it is with certain rhythm and concise.

Otherwise in option 1. I am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.

The sentence has a redundant pair:  "send" and "inform", it is “wordy,” and includes irrelevant “fillers” as "unexpected" that makes it lack of conciseness in the substantive information, not getting to the point promptly. I also includes passive voice which is not a grammatical error, but it often leads to using more words than necessary frustrating or confusing the audience; and it has prepositional phrases overuse: "that", within", "but" making this sentence clunky and unclear.

In option A) We need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.

The sentence has unnecessary modifiers: "unexpected" and "end", and passive voice again.

In option C) I am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.

The sentence has unnecessary modifier: "positively".

6 0
3 years ago
For the doctrine of promissory estoppel to​ apply, which of the following is NOT a required​ element? A. the promisor should hav
erik [133]

Answer:

C) there was an​ offer, acceptance, and consideration

Explanation:

The doctrine of promissory estoppel requires that the following 5 elements must exist:

  1. The parties must anticipate that some type of legal relationship will exist between them.
  2. One party must have made a promise to another party.
  3. One party must rely on the promise made by the other party.  
  4. The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled.
  5. Unconscionability , in other words, there is nothing that forbids the party from performing the promise.
3 0
3 years ago
In the late nineteenth century, what helped narrow the gradations of freedom amongst white Americans? a. Indentured servitude ha
ElenaW [278]

In the late nineteenth century, Judith Sergeant Murray wrote about women’s intellect being equal- this helped narrow the gradations of freedom amongst white Americans.

Option: B

Explanation:

In the late nineteenth century there was a conflict in between white Americans about the freedom. Their fight against each other graded by the help of writer and other professionals who wrote about their strong points. Judith Sergeant Murray who was an American writer and advocate wrote about women's right.

Gender discrimination, women's right, feminism was the core area of writing in Judith Sergeant Murray's work. He compared women's ability with man's, their imagination, decision making capacity, judgemental motives etc.

5 0
3 years ago
The 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additio
Tju [1.3M]

Answer:

$80,000

Explanation:

The  \ expression \  for \  calculating \  cash  \ flow  \ to  \ stockholders \ is:

Cashflow  \ = \  Dividend  \ paid  \ during \  the \  year  \ -  \ change  \ in  \ t he \  value  \ of \  common  \ stock  \ during \  -  \ change \ in \ value \  of \ stock \ in \ the  \ previous \  yearHere;

Change \  in \  value  \ of \  Common  \ stock \ during  \ the  \ year \ = \ Value \ of \  Common \ stock \  of  \ the  \ Curren t \ Year -  Value\  of  \ Common  \ stock  \ of  \ the \ Previous \  Year

Change   \ in  \ valu e \  of  \ Additional \  paid  \ in  \ surplus \  account \  during  \ the \  year =

Value  \ of  \ Additional \ paid  \ in \  surplus \ account \ o f \  the  \ Current \  Year \ - \ Value \  of \ Additional \  paid  \ in \ surplus \  account \  of \ th e \ Previous \  Year

From the information given:

Dividend \ Payment  \ during \  the \  year 2020 = $320000

Value \  of  \ stock \  in \  current  \ yr= i.e. 2020 = $570000

Value \ of \ stock \ in \ previoius \ yr = i.e. 2019 = $530000

Change = $570000 - $530000 = $40,000

Value  \ of \  Ad ditional \  paid-in  \ surplus   \  acct  \ of    \ the  \ current  \ year = $2,500,000

Value  \ of \  Ad ditional \  paid-in  \ surplus   \  acct  \ of    \ the  \ previous  \ year = $2,300,000

Change = $2,500,000 - $2,300,000  = $ 200000

∴

By  \ using \  the  \ above \  information \ in \  the \  formula  \ for  \ calculating  \ the  \ cash  \ flow \ to

\ stackholder, \  we \ get:

= $320000 - $40,000 - $ 200000

= $80,000

4 0
3 years ago
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