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Vlad [161]
3 years ago
5

On July 1 of the current year, Marcia purchases a new home and borrows $320,000. Marcia is required to pay two points on the loa

n. The loan is secured by the residence and the charging of points is an established business practice in the area. The term of the loan is 20 years, beginning on July 1 of the current year. How much, if any, of the points may Marcia deduct in the current year?
Business
1 answer:
Masja [62]3 years ago
4 0

Answer:

$6,400.

Explanation:

Because these points are paid in connection with the purchase of a principal residence, Marcia may deduct $6,400 ($320,000 × 2%) as interest expense during the current year.

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A bridge design firm is performing an economic analysis of two mutually exclusive designs for a highway overpass. The steel gird
Anettt [7]

Answer:

Please find attached solution

Explanation:

8 0
3 years ago
Explain why the marginal rate of technical substitution is likely to diminish as more and more labor is substituted for capital.
Likurg_2 [28]

Answer: This is because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.

Explanation:

The marginal rate of technical substitution (MRTS) shows the amount by which the quantity of an input can be lowered when an extra unit of another input is​ utilized on order for the output to remain constant.

The marginal rate of technical substitution is likely to reduce as more capital is substituted for labor because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.

8 0
3 years ago
d)The owner of a cemetery plans to offer a perpetual care service for grave sites. The owner estimates that it will cost $150 pe
Nana76 [90]

Answer:

The one time fee that the owner should charge is $1764.71

Explanation:

To calculate the one time fee, we take this as a perpetuity and calculate the value or price of the perpetuity based on the fututre cash flows discounted to today's price by a certain dicount rate.

The discount rate is taken as 8.5% which is also the market interests rate.

The formula for the value/price of the perpetuity is,

Value / Price = Cash flow / Discount rate

Value / Price = 150 / 0.085

Value / Price = $1764.705 rounded off to $1764.71

4 0
3 years ago
Beckronski Company has the following information available for the month of​ March: Units ​Transferred- in Costs Direct Material
storchak [24]

Answer:

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Units Cost for Direct Materials= $52,000 /230= $ 226.086

Explanation:

Beckronski Company

                              Units ​                    Transferred- in Costs

                                            Direct Mat       Conversion Costs      WIP ​inventory

March 1                  240 ​         $33,600           0 ​                            $18,000 ​

<u>Percent complete                    ​100% ​              0% ​                         62.5%</u>

Equivalent Units                     240                     -                          150                                            

Transferred in

<u> March                 400                                                                                    </u>

Equivalent Units                          400                    400                   400

Mar 31  WIP ​inventory,  200

<u>​*Percent complete                       ​100%           ​0% ​                         80%       </u>

Equivalent Units                         400                    -                        320

Weighted Average Cost Method = Beg. Inv Equiv. Units + Units Transferred in Less Ending Inventory Equivalent Units

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Conversion Costs Equivalent Unit Weighted Average Cost Method=

0+ 400-0= 400

Work In Process Equivalent Unit Weighted Average Cost Method=

150+ 400-320= 230

Costs added in March ​              $52,000            ​$13,200 ​        $48,600

Units Cost for Direct Materials=  $52,000 /230= $ 226.086

4 0
3 years ago
_____ involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and servic
masha68 [24]
Sustainability involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and services. greenwashing eco-marketing greener advertising eco-selling green marketing.

Therefore I think the answer is Sustainability
Hope it helps
8 0
3 years ago
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