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ra1l [238]
3 years ago
6

A few years ago, Michael Tucker purchased a home for $182,000. Today the home is worth $230,000. His remaining mortgage balance

is $17,000. Assuming Michael can borrow up to 80 percent of the market value of his home, what is the maximum amount he can borrow?
Business
1 answer:
kolbaska11 [484]3 years ago
3 0
Can you tell us the answer choices please
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For Randolph Company, the following information is available: Capitalized leases $560,000 Copyrights 240,000 Long-term receivabl
Mamont248 [21]

Answer: $240,000

Explanation:

An intangible asset is an asset which lacks physical substance. While physical assets include assets like buildings, machinery and financial assets like government securities, the intangible assets are hard to evaluate and they include copyrights, patents, trademarks, franchises, goodwill, and trade names.

From the information provided in the equation, copyrights is $240,000 which is an intangible asset. Therefore, in Randolph's balance sheet, intangible asset should be written as $240,000.

4 0
3 years ago
What is the best method of communication if you want to give information to large numbers of staff about important new health an
zysi [14]
Internet.
Please vote my answer brainliest! Thanks.
6 0
3 years ago
What budgeted amounts appear on the flexible budget report?
kodGreya [7K]

Answer:

The correct answer is C

Explanation:

Flexible budget report is the report of  management which compares the actual revenue or profit with the costs of the period or year along with the budgeted revenues or profits and the costs is grounded on the actual sales volume.

The amount appears on the report of the flexible budget is the budgeted amounts for the actual level of the activity achieved.

5 0
3 years ago
Alpha Company owns 80 percent of the voting stock of Beta Company. Alpha and Beta reported the following account information fro
MissTica

Answer:

$173,000

Explanation:

The computation of the total consolidated inventory is shown below:

But before that following calculations need to be done

Percentage profits that Alpha charge to other customers is

= ($800,000 - $600,000) ÷ $800,000

= 25% of sales

Stock held at year end is

= $100,000 × 40%

= $40,000

Profit involved in stock is

= $40,000 × 25%

= $10,000

Now the stock of beta is  

= $88,000 - $10,000

= $78,000

And finally, the Total for consolidated inventory is

= $95,000 + $78,000

= $173,000

4 0
3 years ago
Reasons for consumer protection
faltersainse [42]

Explanation:

for increasing number of sale

6 0
3 years ago
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