Answer:
20,625 units
Explanation:
Calculation for the equivalent units of production
Using this formula
Equivalent units of production=Units completed+Ending work in process inventory
Let plug in the formula
Equivalent units of production=12,500+(12,500×65%)
Equivalent units of production=12,500+8,125
Equivalent units of production=20,625 units
Therefore the equivalent units of production for the month is 20,625 units.
Answer:
guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time.
Explanation:
According to my research on the different types of credit agreements, I can say that based on the information provided within the question Revolving Credit agreements are guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time. Like mentioned above, this is a loan agreement usually seen in cases of a firm borrowing money from a bank.
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Answer:
The correct answer is 4. The constant dividend growth model can be used to compute a stock price at any point in time.
Explanation:
The constant dividend growth model is a way of valuing financial assets, usually equities. The model is based on calculating the value of future and expected dividends and profits with interest calculations. Basically, this is very simple, but incorrect assumptions affect the model greatly, as it is sensitive to small changes.
The model is a development of the present value method, by allowing current capital growth to estimate how growth will happen in the future and discounting these minus capital costs to their present value, thereby providing a numerical value that represents the value of the asset. Basically, the model uses three variables, the current share price, the normal capital growth and the cost of the company's capital.
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Answer:
Seller
Explanation:
If a cooperating broker accepts the offer of subagency from a listing broker, The cooperating broker owes fiduciary duties to the Seller.
A fiduciary duty is an obligation to act in the best interest of another party. ... A person acting in a fiduciary capacity is held to a high standard of honesty and full disclosure in regard to the client and must not obtain a personal benefit at the expense of the client.