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3 years ago

Which of the following formulas would allow you to copy it into another cell while keeping the row reference fixed?

Business

1 answer:

zhuklara [117]3 years ago

5 0

Answer:

$C$8

Explanation:

The Symbol $ means that by copying and pasting to another cell, the cell references will not change.

In this case, the references are "locked" onto column C. Copying the formula to some other location will not change the references since they are absolute.

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Vijay Inc. purchased a 3-acre tract of land for a building site for $420,000. On the land was a building with an appraised value

PtichkaEL [24]

Answer:

$433,900

Explanation:

The computation of the capitalized cost of the land is shown below:-

Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building

= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500

= $420,000 + $12,000 + $900 + $2,500 - $1,500

= $435,400 - $1,500

= $433,900

5 0

3 years ago

A company’s planned activity level for next year is expected to be 100000 machine hours. At this level of activity, the company

Marina86 [1]

Answer:

The total manufacturing overhead is $200,100

Explanation:

The flexible budget prepared below is based on the original budget for 100,000 machine hours adjusted to 90,000 hours

indirect materials(variable)$50,000/100,000*90,000=$45,000

depreciation(fixed) =$37,500

indirect labor(variable )$80,000/100,000*90,000 =$72000

taxes(fixed) =$7,500

factory supplies(variable)$9000/100,000*90000 =$8,100

supervision(fixed) =$30,000

total manufacturing overhead $200,100

The total manufacturing overhead is $200,100 based on the fact that variable cost varies with output while fixed costs remain the same

4 0

3 years ago

Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do m

NemiM [27]

Answer:

The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.

Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.

6 0

3 years ago

Pluto Inc. borrows $3000 from Second National Bank by signing a promissory note. Recording this transaction will include which o

Angelina_Jolie [31]

Answer:

b. Debit cash and d. Credit note payable

Explanation:

On borrowing from the bank, the entries to be posted by Pluto Inc. will be;

Debit Bank/Cash account $3000

Credit Credit note payable $3000

The credit represents the liability which is the obligation to payback the loan at a future date.

The right options are; b. Debit cash and d. Credit note payable.

4 0

3 years ago

"John is a registered representative who has discretionary options accounts for 25 of his largest customers. John likes the news

kotegsom [21]

Answer: This is a violation of position limits

Explanation:

When checking to see if there has been a violation of control limits, all the accounts managed by a single entity or all accounts under <em>common control</em> will be added up instead of being evaluated on an individual basis.

John manages 25 accounts out of which he bought calls for 10. He bought 30,000 for each of the 10 which would mean that he bought 300,000 call contracts.

This exceeds the 250,000 contract limit so is a violation of position limits.

7 0

3 years ago