Answer: The correct answer is choice b.
Explanation: When a company is looking to borrow money from the public, the only correct answer is choice b, sell bonds.
Going to a bank for a loan is incorrect because this would be borrowing from a bank, not the public. Selling shares of stock is incorrect because the buyers would be buying ownership in the company, they would not be loaning the business money.
Answer:
C. 60%
Explanation:
Equivalent unit of Materials = 8,000.00
Equivalent unit of Conversion = 7,400.00
Units started and completed = 6,500.00
Since Materials are entered in the beginning it means that out of 8000 Units of Materials 6500 units are in Units started and completed and remaining 1500 Units are in Closing inventory. It also means that 1500 units are in Closing Inventory of Conversion and Equivalent production of conversion part of 1500 Units are 900 Units (7400-6500).
Let % Completion be x
X% of 1500 = 900
X = 900*100/1500
X = 60%.