I would say it’s true because it does have some facts in it
a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.
Answer:
D. Direct materials is a variable cost and rent expense is a fixed cost.
Explanation:
- As clearly seen from the data the direct material cost is varying but the rent cost is fixed cost.
Answer:
equity = $19500
Explanation:
Given data:
current assets $3900
net fixed assets $26,500
current liabilities $3400
debt = $7500
Total liabilities = current liabilities + long term debt
= 3400 + 7500 = $ 10,900
Total assets = current assets + net fixed assets
= 3900 + 26,500 = $30,400
We know
total assets = total liabilities + equity
30400 = 10900+ equity
equity = $19500
Answer:
D. The dollar appreciates against the Hungarian forint.
Explanation:
If after investing, it happens during the next two months that the dollar invested by the American company appreciates against the Hungarian forint.
It would imply that the company will earn less than 8 percent on its investment.
