The best and most correct answer among the choices provided by your question is the first choice.
The type of incomes Jeff would have are <span>taxes, interest, and tips.</span>
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The main reason is tone interpretation.
When you talk to someone face-to-face, you can hear how they are saying something. For example, if someone was to text you and say "so" you wouldn't know if they meant so as in "so...what are you doing"
OR
If they meant it as "so, I don't care"
The reasons why collateral is important to a borrower are:
- It serves as borrower's credit worthiness .
- Collateral minimizes the risk for lenders.
<h3>What is Collateral?</h3>
Collateral can be regarded as item of value that is been used to secure a loan.
In a case whereby a borrower defaults on the loan,it is possible for lender to seize the collateral and sell it to recoup its losses. Banks require collateral on certain types of loans.
Learn more about Collateral at;
brainly.com/question/14037774
Answer:
Direct material cost = $112,000
Explanation:
<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>
Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost
Applied overhead = OAR × direct material cost
Applied overhead = 75% × direct material cost
Let direct material cost be represented by y
84,000= 75% × y
y = 84,000/75%= 112000
Direct material cost = $112,000
Answer:
$749.57
Explanation:
equivalent annual annuity = (NPV x rate) / [1 - (1 + rate)⁻ⁿ]
- using a calculator, the NPV = $2,630
- rate = 13.1%
- n = 5
equivalent annual annuity = ($2,630 x 0.131) / [1 - (1 + 0.131)⁻⁵] = $344.53 / 0.4596 = $749.57
The equivalent annual annuity is used to compare mutually exclusive projects and determine which yields the highest annual returns.
