Answer and Explanation:
The answer and workings can be viewed in the snapshot below:
Answer:
Bank will hold Mary accountable supported the deceitful use of the cardboard is $500
Note: Bank can’t make Mary answerable for the complete stolen amount from her ATM, as she conversant the bank at intervals every week when the cardboard was stolen, during these circumstance if the bank is informed about the stolen ATM directly the client is accountable for $50 in losses, whereas if they inform when three days quantity raise to $500 in losses.
Answer:
3.50
Explanation:
Given the information above, we need to find first the Average fixed assets.
Average fixed assets = Fixed assets beginning balance + Fixed assets ending balance / 2
= ($370,000 + $398,000) / 2
= $384,000
Then , the fixed assets turnover will be calculated as;
Fixed assets turnover = Net revenue / Average net fixed assets
= $1,340,000 / $384,000
= 3.50
Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50
Answer:
wrap around mortgage
Explanation:
A wrap-around mortgage is can be used in deals of owner-financing.
Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.
Answer:
The answer is: the real gain in real GDP between 2010 and 2000 is 18.34%
Explanation:
First we have to determine the real GDP using the GDP deflator.
GDP deflator = (nominal GDP / real GDP) x 100
For year 2000:
24 = ($672 billion / real GDP ) x 100
2,400 = $672 billion / real GDP
real GDP = $0.28 billion
For year 2010:
51 = ($1,690 billion / real GDP ) x 100
5,100 = $1,690 billion / real GDP
real GDP = $0.331 billion
To calculate the real gain between real GDP from year 2000 to year 2010, we divide real GDP 2010 over real GDP 2000 and subtract 1:
($0.331 billion / $0.28 billion) -1 = 0.1834 x 100% = 18.34%
