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3 years ago

What is universal default?

Business

1 answer:

nikitadnepr [17]3 years ago

6 0

Answer:

Universal default is the term for a practice in the financial services industry in the United States for a particular lender to change the terms of a loan from the normal terms to the default terms (i.e. the terms and rates given to those who have missed payments on a loan) when that lender is informed that their customer has defaulted with another lender, even though the customer has not defaulted with the first lender.

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Beginning Work in Process was 20,000 units 20% that were complete and 80,000 units started, with ending Work in Process of 18,00

kati45 [8]

Answer:

materials 18,000 Conversion 23,400

Explanation:

Assuming weighted-average method:

equivalent units: complete units + percentage of completion ending WIP:

physical units:

beginning 20,000

started 8,000

ending (18,000)

complete 10,000

conversion percentage of completion ending WIP:

18,000 x 30% = 5,400 units

materials percentage of completion ending WIP:

18,000 x 0% = 0

Notice it state the materials are added half-way and this units are at 30% they need to be at least 50% to get the materials added. So, none have it.

Equivalent unit Conversion:

18,000 + 5,400 = 23,400

Equivalent units Materials:

18,000 + 0 = 18,000

6 0

3 years ago

brown's, a local bakery, is worried about increased costs particularly energy. last year's records can provide a fairly good

Marina86 [1]

Answer:

Increase in the production of energy means that the energy was saved

Labor productivity also increased

Explanation:

Change in energy producton

Previous Year: (1,500x12)/3,000

=18,000/3,000

=6.0 loaves per unit

Current Year: (1500*12)/2,750

=18,000/2,750

=6.55 loaves per unit

The above calculation indicates a positive change in energy production. This means that there was some degree of energy saving.

Change in labor

Previous Year: (1500x12)/350

=18,000/350

= 51.43 loaves/labor hour

This Year: (1500x12)/325

= 18,000/325

= 55.38 loaves/labor hour

This calculation also signifies an increase in labor productivity.

Change in Investment

Previous Year: (1500x12)/15000

=18,000/15,000

= 1.2 loaves/$ investment

This Year : (1500x12)/18000

=18,000/18,000

= 1.0 loaves/$ investment

Investment is lowered which is a positive sign.

4 0

4 years ago

Which resource management task determines the type quantity?.

user100 [1]

Identify Requirements resource management task determines the type, quantity, receiving location, and users of resources.

3 0

2 years ago

One key to success in a career is to be an accomplished

vlabodo [156]

I think the answer is problem solver (but I’m not 100% sure)

3 0

3 years ago

Read 2 more answers

The Inferior Goods Co. stock is expected to earn 13% in a recession, 7% in a normal economy, and lose 6% in a booming economy. T

Natalka [10]

Answer:

Ans. The expected rate of return on the Inferior Goods Co. stock is 5.90%

Explanation:

Hi, you just have to multiply the expected earnings by the probability of occurance of a certain event and then add up all the products. Here is the information all organized to be processed.

Item Prob Earn

Booming 20% -6%

Normal 55% 7%

Recession 25% 13%

Ok, now let´s calculate the expected rate of return.

$ExpectedReturn=(0.2*(-0.06))+(0.55*0.07)+(0.25*0.13)$

$ExpectedReturn=-0.012+0.039+0.033=0.059$

So the expected rate of return of the stock is 5.90%

Best of luck.

8 0

3 years ago