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3 years ago

Who were some of the first big business capitalists in America?

Business

1 answer:

irina [24]3 years ago

8 0

Answer:

Railroads were the first "big businesses" in the United States.

Explanation:

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Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $16,700 Direct

djyliett [7]

Answer:

cost of goods manufactured= $73,984

Explanation:

Giving the following information:

Cost of direct materials used in production $16,700

Direct labor 26,794

Factory overhead 32,844

Work in process inventory, March 1 17,028

Work in process inventory, March 31 19,382

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 17,028 + 16,700 + 26,794 + 32,844 - 19,382

cost of goods manufactured= $73,984

6 0

3 years ago

Interest rates on a loan provide what key information?

vesna_86 [32]

Answer:

Explanation:

i just took the test my gee

6 0

3 years ago

On February 1, a seller paid $1,140 in annual property tax for the current calendar year. He sold the house with the closing set

tigry1 [53]

Answer:

$288

Explanation:

Since the total property taxes for the year are $1,140, to find the property tax per month we have to divide by 12 ⇒ $1,140 / 12 = $95 per month

The seller is responsible for paying the property taxes during 3 months and 1 day, to find out the amount for that 1 day we divide the monthly tax by 30 = $3.17 per day.

the total seller's credit = ($95 x 3) + $3 = $285 + $3 = $288

*The seller's credit includes all the expenses that must be paid by the seller, while the seller's debit includes all the money that he receives.

6 0

3 years ago

Home loans typically involve "points," which are fees charged by the lender. Each point charged means that the borrower must pay

nirvana33 [79]

Answer:

Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)

Explanation:

Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.

$EffectiveAnnual=(1+EffectiveMonthly)^{\frac{1}{12} } -1$

That is:

$EffectiveAnnual=(1+0.012267477)^{\frac{1}{12} } -1=0.12986448$

Which we round to 12.99% effective annually.

Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.

Best of luck.

Download xlsx

3 0

3 years ago

If the MPC in an economy is 0.8, government could close a recessionary expenditure gap of $100 billion by cutting taxes by

QveST [7]

Answer:

cutting taxes by $125 billion

Explanation:

given data

economy = 0.8

expenditure gap = $100 billion

to find out

cutting taxes

solution

we get here cutting or reduce taxes that is express as

cutting taxes = $\frac{expenditure\ gap}{MPN\ economy}$ ......................... 1

cutting taxes = $\frac{100}{0.8}$

solve we get cutting taxes

cutting taxes = $125 billion

so cutting taxes by $125 billion

8 0

3 years ago