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erastovalidia [21]
3 years ago
8

An example of an asset-producing debt is a _____.

Business
1 answer:
ivann1987 [24]3 years ago
5 0
An example of an asset-producing debt is a REAL ESTATE LOAN.

Real Estate Loan is a loan used for the buying of a real estate property. It is an asset-producing debt because the debt was incurred to buy an asset that will generate future income for the owner. 

Real estate refers to buildings or houses one buy with the intent of selling it for a profit or renting it out to generate passive income. 
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Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo
OverLord2011 [107]
The page entry at the top right side of the journal should be <span>J1.

Hope this helps!!</span>
7 0
2 years ago
Veltri Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
olasank [31]

Answer:

Total direct labor cost= $122,752

Explanation:

Giving the following information:

Each unit of output requires 0.77 direct labor-hours.

The direct labor rate is $11.20 per direct labor-hour.

Production budget:

October= 7,100 units

November= 6,900 units

Minimum hours= 5,480 hours

First, we need to determine the number of hours required for each month.

October= 7,100*0.77= 5,467 hours

November= 6,900*0.77= 5,313 hours

Direct labor budget:

October= 5,480*11.2= 61,376

November= 61,736

Total cost= $122,752

3 0
3 years ago
Bristo Corporation has sales of 2,080 units at $50 per unit. Variable expenses are 25% of the selling price. If total fixed expe
Mumz [18]

Answer:

Degree of operating leverage = 7.8

Explanation:

given data

sales = 2,080 units

per unit price  = $50

Variable expenses = 25%

total fixed expenses = $68,000

solution

we get here Degree of operating leverage that is express as

Degree of operating leverage = Sales - variable cost ÷ (sales - variable cost - fixed cost)   .......................1

here

Sales = 2080 × 50  = 104000

and

Variable cost = 104000  × 25%  = 26000

so now put value in equation 1 we get

Degree of operating leverage = \frac{104000-26000}{104000-26000-68000}  

Degree of operating leverage = 7.8

3 0
3 years ago
After listening to the talk or speech (select any one speech if you listened to more than one), write why you think the speaker
alisha [4.7K]

Answer:Hello i’m figuring this question out for you

Explanation:

5 0
2 years ago
List three factors to consider when choosing a financial institution
jasenka [17]

When you are considering a financial institution you should consider what type of accounts you want to have, how much money you have and if you want to invest. Different financial institutions offer different rates and benefits for their members so it makes sense to figure out your options based on what you want in return.

8 0
3 years ago
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