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LuckyWell [14K]
2 years ago
14

These are selected account balances on December 31, 2017.

Business
1 answer:
lesantik [10]2 years ago
5 0

Answer:

D. $1,725,000

Explanation:

Given the above information,

Total amount of property, plant and equipment = land (location of the office building) + office building + equipment + office furniture - Accumulated depreciation

= $150,000 + $1,200,000 + $675,000 + $150,000 - $450,000

= $1,725,000

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How can marketers take advantage of laughable disclaimers in their advertising?
makkiz [27]

Answer:

a

Explanation:

3 0
2 years ago
Let’s suppose that a lender has established a 90% loan-to-value ratio cutoff as one of its primary underwriting criteria. If a b
sergey [27]

Answer:

77.27% or

(17/22)%

The loan will accepted

Explanation:

property value 550,000

haircut 125,000

550,000 - 125,00 = 425,000 mortage value

425,000/550,000 = 77.27% = (17/22)%

The ratio is below the cutoff, so it is within the boundaries the lender expect. The loan will be given.

8 0
3 years ago
State Road Fabricators Inc. is considering eliminating Model A02777 because of losses over the past quarter. The past three mont
ICE Princess25 [194]

Answer:

Option (C) is correct.

Explanation:

Manufacturing costs:

= Direct Materials + Direct Labor + Variable overhead

= $160,000 + $80,000 + (150,000 × 75%)

= $160,000 + $80,000 + $112,500

= $352,500

Operating income:

= Sales​ (1,100 units) - Manufacturing costs

= $370,000 - $352,500

= $17,500

Therefore, if Model A02777 is dropped from the product​ line, operating income will​ decrease by​ $17,500.

6 0
3 years ago
The "Wi" typically used in the numerator and denominator of the center-of-gravity equations represents the__________. a. quality
Elis [28]

Answer:

c. volume of goods or services moved to or from location i

Explanation:

we know as per Rectilinear Distance  formula

Wi = Ci ×  Qi   .........................1

here Wi is the transportation cost of carry load for the customer “i”

we can say it is weighted load values so volume of goods or services moved to or from location

so correct option is c. volume of goods or services moved to or from location i            

4 0
2 years ago
Village Bank has $310 million worth of assets with a duration of 12 years and liabilities worth $248 million with a duration of
vitfil [10]

Answer:

2129  futures contracts to be sold

Explanation:

Asset worth = $310 million

Asset duration = 12 years

liabilities = $248 million

Liabilities duration = 5 years

T-bond futures contracts = 104-20 (30nds)

% of assets = 310 / 248 =

<u>Determine how many futures contracts Village Bank will sell to fully hedge the balance </u>

Number of Contracts = -[Assets * (Asset Duration – (Liabilities Duration * % of Assets) / (Duration * Contract Value)]

 = - [ 310 * ( 12 - ( 5 * (310/248)) / ( 8 * ( 104 + ( 20/30)) ]

= - [ 310 * ( 12 -  6.25 ) / ( 8 * 104.6667 ) ]

= - [ 310 * 5.75 / 837.3336 ]

= - 2.12878 * 1000

= 2128.78 ≈  2129 ( number of futures contracts to be sold )

5 0
3 years ago
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