Answer:
"a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates."
Answer:
c
Explanation:
because if you have all new employees people won't see you as a serious company
Answer:
D. John
Explanation:
John has an annual income of $100,000 which is equivalent to a monthly salary of $ 8,334.00 ($100,000 divide by 12 months)
Applying the 28/36 borrowing rule, Mr. John cannot exceed 36 percent of his monthly income to service debts. It means that John has $ 3000 available every month to service his loans.
John intends to take a loan of $ 10,000. This amount is within his ability to pay. Even if he has other debts, he only needs months to clear the loan plus interest.
If we apply the same rule to Paul, his monthly salary is $2, 084.00. He has $ 750.00 available to pay the loan every month. A loan of $ 50,000 with interest will take about seven years to clear. Considering he may want to take other loans in that period and the value of the car by then, Paul is likely to default.
Eileen will have $720 available for repayments per month and annually $ 8640.00 to repay $400,000.00; she will need about 47 years. Considering her age, it's not viable.
Answer:
Option C "is an........sellers" is the right answer.
Explanation:
- The market is considered as a location wherever vendors as well as purchasers gather together or enable their exchange of goods and commodities of products or even just providers.
- It could be like a department shop wherever individuals keep in touch throughout real life or virtually like such an internet market, where other businesses and consumers weren’t directly connected.
The provided situation isn't linked to other alternatives. Thus the above response is the right one.
Answer:
Activity Variance for net operating Income = $ 10598 Unfavorable
Explanation:
Activity Variance for net operating Income = $ 10598 Unfavorable
Actual Budgeted
6600 Units 6600 Units
Revenue $194,472 $ 185,460
Direct labor $16,145 $ 16500
Direct materials $67,059 $ 68640
Manufacturing overhead $45,587 $ 45620
Selling and
<u>Administrative expenses $25,363 $ 24980</u>
Total Expenses $ 154154 155740
Net Op. Income $ 40,318 $ 29,720
The activity variance for net operating income = Actual- budget=
= $ 40,318 - $ 29,720
= $ 10598 Unfavorable
