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weqwewe [10]
3 years ago
15

The entrepreneur's integrity is not relevant to bankers when determining the creditworthiness of a business loan.

Business
1 answer:
natima [27]3 years ago
6 0

Answer:

A.True

Explanation:

a person who sets up a business or businesses, taking on financial risks in the hope of profit.

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9) Given the following information, compute the total number of units for the period: Direct labor hours 12,000 Direct labor cos
pochemuha

Answer:

C) 640 units

Explanation:

Given that

Total manufacturing cost = $132,600

Per unit material cost = $75

Fixed overhead cost = $36,000

Variable overhead cost = 50% of total labor cost

The computation of total number of units is given below:-

Variable overhead cost

= 12,000 × $2.70 × 50%

= $16,200

Direct labor cost

= 12,000 × $2.70

= $32,400

Total Direct material cost = Total manufacturing cost - Variable overhead cost - Fixed overhead cost - Direct labor cost

= $132,600 - $16,200 - $36,000 - $32,400

= $48,000

Total number of units = Total Direct material cost ÷ Direct materials cost

= $48,000 ÷ $75

= 640 units

7 0
3 years ago
Dion has an auto repair business for high-end cars like a Porsche or Ferrari. He wants to market his services to Porsche, BMW, a
lozanna [386]

Answer:

d. classify firms according to their number of customers

Explanation:

Since Dion wants to market his services to these car firms, he should consult for data that can be used to classify firms according to the customers that they have.

It has been stated clearly that people have to drive to Lubbock dallas, or Austin to get their cars serviced, so the firms can beclassified according to the number of customers.

3 0
3 years ago
The adjusted account balance of Spooky Town Internal Service Fund on June 30, 2016, was as follows: Cash $4,000 Receivable from
gladu [14]

Answer:

Explanation:

assets:Cash95,000Accounts receivable47,000Due from general fund40,000Materials and supplies18,000Total current assets200,000Noncurrent assets:Capital assets700,000Total noncurrent assets700,000Total assets900,000LiabilitiesCurrent liabilities:Accounts payable115,000Accrued interest payable4,000Total current liabilities119,000Noncurrent liabilities:Revenue bonds payable625,000Total noncurrent liabilities625,000Total liabilities744,000Net PositionNet investment in capital assets30,000Unrestricted69,000Total net position99,000

7 0
3 years ago
Catron Corporation is having liquidity problems, and as a result, it sells all of its outstanding stock to Lambert, Inc., for ca
lesya [120]

Answer:

The assets and liabilities acquired in a consolidation process are recorded at their fair market value. If the price paid during the consolidation process is lower than the fair market value of the assets - liabilities, then an ordinary gain on bargain purchase is recognized for the difference.

5 0
3 years ago
Carter invested $3,900 in an account paying an interest rate of 3. 9% compounded daily. Assuming no deposits or withdrawals are
denis23 [38]

$822.18 is how much earned interest so add $3,900 and you get $4,722.18

6 0
3 years ago
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