The options are:
I. Commercial letter of credit II. Loan commitment III. Credit line IV. Repurchase agreement
Answer:
II. Loan commitment
III. Credit line
Explanation:
When a construction company wants to commence a project it will need to obtain a permit to start the process.
In obtaining the permit there are certain criteria that the development authorities look at before giving out permits.
They consider if the construction company has the capacity to complete the project and deliver quality work in the process.
To give this assurance the company will need to obtain a Loan Commitment and Credit Line from its bank.
These will show the development authority that the company will have sufficient funds to perform the task.
Answer:
A.$1,142,740
B.$1,164,970
Explanation:
The spreadsheet are attached
Answer:
D. FreshDirect shares warehouse space with farmers and livestock producers
Explanation:
FreshDirect does not share its own resources with the supplier in order to get a lower rate. If it does that , he would be practicing a business model which has different entities attached to each other to work for greater goal.
Here, this is not the case. FreshDirect tends to look for out of the box ways to lower supplier cost but "FreshDirect shares warehouse space with farmers and livestock producers" is not one of those ways.
Answer:
5.75%
Explanation:
The computation of the yield on a bond with three years to maturity is shown below:
Given that
Yield on a one-year bond is 3%
The expected yield on one-year bonds for the next two years is 5% and 4%
And, the liquidity premium is 1.75%
So, the yield on a bond with three years to maturity is
= (3% + 5% + 4%) ÷ 3 years + 1.75%
= 4% + 1.75%
= 5.75%
Answer:
The company's predetermined overhead rate for 2019 is $23,60
Explanation:
According to the given data we have the following:
Budgeted overhead = $2,100,000
Budgeted direct labor hours = 89,000
Overhead is applied based on direct labor hour.
Hence in order to calculate the company's predetermined overhead rate for 2019 we would have to make the following calculation:
overhead rate per direct labor hour = $2,100,000 / 89,000
overhead rate per direct labor hour =$23.60
The company's predetermined overhead rate for 2019 is $23,60