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3 years ago

A promissory note:

Business

1 answer:

Travka [436]3 years ago

8 0

Answer:

d. is a written promise to pay a specified amount of money at a certain date.

Explanation:

A promissory note, also known as note payable, is a financial instrument used when you borrow or loan money, it establishes the terms and details of the agreement (amounts, interests, late fee, maturity date, etc.). It consists of a written promise where the issuer promises to fulfill the terms and to pay to the payee on the determined date.

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Alyssa owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in h

artcher [175]

Answer:

It is an example of the shoes leather costs.

Explanation:

Shoe leather cost is the cost which involve the time as well as the efforts which people spend on trying to counter-act the inflation effects like holding less amount of cash and make additional trips to the bank.

In this scenario, Alyssa in order to protect herself from the effect of the inflation, she sends employee to bank for depositing the money into the bank four times a day. Therefore, it is an example of Shoe leather cost

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4 years ago

The Junior League of Yadkinville, California, collected recipes from members and pub- lished a cookbook entitled Food for Everyo

MaRussiya [10]

Answer:The variable cost per book is $16

Explanation:

Sale price per book = $18

Books need to sell = 2,000

Total Revenue. = $36,000

($18*2,000)

At Break Even Total Revenue = Cost + investment so total variable cost is ($36,000 - $4,000) = $32,000 and cost per book is $32,000÷2,000 = $16 per book

4 0

3 years ago

When Paul is assigned the task of reviewing his company's employee handbook, he should suggest that _____ be edited or removed t

LenaWriter [7]

Answer:

the phrases "probationary employee" and "permanent employee"

Explanation:

Based on this information he should suggest that the phrases "probationary employee" and "permanent employee" be edited or removed to avoid implied contracts that might negate the company's employment-at-will rights. This refers to the rights of an employer to be able to terminate the employee at any time that they see fit but only if they have a valid and legal reason. Otherwise they will be legally liable.

3 0

3 years ago

Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage

Lemur [1.5K]

Answer:

A) mortgage pipeline.

B) mortgage

Explanation:

Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market. The period between loan commitment and loan sale is referred to as the mortgage pipeline.

A mortgage pipeline refers to mortgage loans that are locked-in with a mortgage originator by borrowers, mortgage brokers, or other lenders. A loan stays in an originator's pipeline from the time it is locked until it falls out, is sold into the secondary mortgage market, or is put into the originator's loan portfolio.

7 0

4 years ago

Harper Chicken Corporation processes and packages chicken for grocery stores. It purchases chickens from farmers and processes t

mrs_skeptik [129]

Answer:

a1)

drumstink 3,780

breast 5,670

a2)

drumstink (280)

breast 3,570

a3) it cannot be eliminated as it is a subproduct of the breast we cannot produce breast without also, produing the drumstink

b) joint-cost and gross margin considering market value as wat to allocate joint-cost

drumstink 2.596,15

breast .853,85

gross margin

drumstink 903.85

breast 2,386.15

Questions:

a-1. Allocate the joint cost to the joint products, drumsticks and breasts, using weight as the allocation base.

a-2. Calculate the gross margin for each product.

a-3. If the drumsticks are producing a loss, should that product line be eliminated?

b-1. Reallocate the joint cost to the joint products, drumsticks and breasts, using relative market values as the allocation base.

b-2. Calculate the gross profit for each product.

Explanation:

cost for the joint process:

7,000 raw materials + 2,450 conversion cost = 9,450

weights: 2,800 drumstiks

4,200 breast

total 7,000

drumstink 9,450 x 2,800/7,000 = 3780

breast 9,450 x 4,200/7,000 = 5670

gross margin

drumstink 2,800 * 1.25 - 3,780= (280)

breast 4,200 * 2.20 - 5,670 = 3,570

using market value as weight:

drumstink 2,800 * 1.25 = 3,500

breast 4,200 * 2.20 = 9,240

total sales value 12,740

drumstink 9,450 x 3,500/12,740 = 2.596,15

breast 9,450 x 9,240/12,740 = 6.853,85

gross margin

drumstink 3,500 - 2,596.15 = 903.85

breast 9,240 - 6,853.85 = 2,386.15

3 0

4 years ago