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Alexus [3.1K]
3 years ago
12

A person who fails to make loan payments on time is likely to face which

Business
2 answers:
Alenkinab [10]3 years ago
7 0
The answer is A. Paying higher interest rates
Andru [333]3 years ago
4 0

Answer: paying higher interest rates on future loans

Explanation:

A P E X

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An outside supplier has offered to sell 23,000 units of part S-6 each year to Han Products for $22 per part. If Han Products acc
sesenic [268]

Answer:

                                                       Make Buy

Direct material                              85100  

Direct labour                                      253000  

Variable manufacturing overhead     52900  

Fixed manufacturing overhead       69000  

Opportunity cost                               73000  

Purchase cost                                         437000

Total                                               533000   437000

Financial advantage is 96000    

Explanation:

6 0
3 years ago
The demand and availability of an occupation is often referred to as what?
velikii [3]

Answer:

Job outlook.

Explanation:

A job outlook is a forecast of how many jobs there are likely to be in a specific industry and how quickly that number is changing. An individual can consult a job outlook in order to help plan the future of his career.

7 0
3 years ago
Cujo invested $2,500 in an account earning 3.4% annual interest that is compounded semi-annually. How long will it take the inve
just olya [345]

Answer:

10 years and 10 months.

Explanation:

Provided information we have,

Amount invested = $2,500

Earning interest rate = 3.4% annually

Compounded semiannually

Thus, period to be considered = 2 in a year

Interest rate = 3.4 \times \frac{6}{12} = 1.7

Thus, effective interest rate = 1.7%

Now, according to future value of compounded rate @ 1.7% at a period 65 factor = 2.9913

Thus value will be $2,500 \times 2.9913 = 7,478.25

That is approximate triple in value.

Thus, total period in number of years = 65/6 months = 10.833 years.

0.833 \times 12 months = 10 months

That exactly means 10 years and 10 months.

5 0
3 years ago
Read 2 more answers
Capital Company issued $600,000, 10%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually January 1. Capital
emmainna [20.7K]

Answer:

Explanation:

Preparation of all journal entries made in 2017 related to the bond issue.)

Jan.1

Dr Cash $618,000

Cr Bonds Payable $618,000

Cr Premium on Bonds Payable. $8,000D

c.3 Interest Expense $59,100

Dr Premium on Bonds Payable $900

($18,000 *$20)

Cr Interest Payable $60,000

($600,000 × 10% = $60,000)

6 0
3 years ago
In the month of April, the Forming Department had 500 units in beginning work in process inventory that were 60% complete. These
Mamont248 [21]

Answer:

$2,700,000

Explanation:

since materials are added at the beginning of the process, we must first determine the number of units that started to be produced during April:

finished goods + ending inventory - beginning inventory = 10,000 + 2,000 - 500 = 11,500

the $1,380,000 must be divided by 11,500 units started = $1,380,000 / 11,500 = $120

total materials = [(11,500 - 2,000) x $120] + $60,000 (beginning inventory) = $1,140,000 + $60,000 = $1,200,000

conversion costs are added as the process is carried out so we must determine equivalent units:

  • beginning work in process: 500 x 60% = 300 equivalent units
  • 10,000 units were completed during April
  • ending inventory: 2,000 x 25% = 500 equivalent goods

total equivalent units processed = 10,000 + 500 - 300 = 10,200

conversion cost per equivalent unit = $1,530,000 / 10,200 = $150

total conversion costs = [(10,200 - 500) x $150] + $45,000 (beginning inventory) = $1,455,000 + $45,000 = $1,500,000

total cost of finished goods inventory = $1,200,000 + $1,500,000 = $2,700,000

7 0
3 years ago
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