Which of the following could be considered collateral for a loan? (Select all that apply.)

Dragon Autos Inc., an automobile company based in the country of Bear Island, made a capital investment of $300,000 to set up pr

Irina18 [472]

Answer:

Foreign direct investment

Explanation:

Foreign direct investment (FDI) refers to a situation where a firm from country A invests in business in country B. Generally speaking FDI takes place when a firm acquires at least 10% of a business in another country.

In this case Dragon Autos is a company that is based in Bear Island (country A) that is investing $300,000 in the country of Westerland (country B).

FDI amounts to $253.6 billion in the US economy.

5 0

4 years ago

Describe three techniques commonly used to generate ideas.

kupik [55]

1. Thinking 2. Imagining 3. Writing it down

7 0

3 years ago

Patrick and britt are in agreement that patrick will pay britt $2000 for a used vehicle. at what point is there a binding contra

katrin2010 [14]

<span>There is a binding contract as soon and Patrick and Britt orally agree. There does no need to be a written contract as long as there is a meeting of the minds.</span>

5 0

3 years ago

Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the follo

sdas [7]

Answer:

Rustafson Corporation

1. Computation of the activity rate for each activity cost pool:

Activity Cost Pool Activity Rate

Labor-related $6.50 per DLH

Machine-related $0.25 per MH

Machine setups $42 per setup

Production orders $36 per order

Product testing $24 per test

Packaging $15 per package

General factory $13.60 per DLH

2. Computation of the predetermined overhead rate:

Predetermined overhead rate = Total overhead divided by total direct labor hours

= $358,800/8,000

= $44.85

Explanation:

a) Data and Calculations:

Estimated Overhead Cost Expected Activity Activity Rate

Labor-related $ 52,000 8,000 direct labor-hours $6.50 (52,000/8,000)

Machine-related $ 15,000 20,000 machine-hours $0.25 ($15,000/20,000)

Machine setups $ 42,000 1,000 setups $42 ($42,000/1,000)

Production orders $ 18,000 500 orders $36 ($18,000/500)

Product testing $ 48,000 2,000 tests $24 ($48,000/2,000)

Packaging $ 75,000 5,000 packages $15 ($75,000/5,000)

General factory $ 108,800 8,000 direct labor-hours $13.60 ($108,800/8,000)

Total overhead = $358,800

Total direct labor hours = 8,000 DLH

Predetermined overhead rate = Total overhead divided by total direct labor hours

= $358,800/8,000

= $44.85

3 0

3 years ago

The Hall Corporation had 100,000 shares of common stock outstanding at the beginning of the year. Hall issued 30,000 shares of c

Vladimir [108]

Answer:

weighted average of outstanding shares. 124,000

for diluted EPS: 145,000

Explanation:

beginning 100,000

+ 30,000 x 7/12 (May issued shares)

+ 13,000 x 6/12 (130,000 x 10% stock dividends)

100,000 + 17,500 + 6,500 = 124,000 shares for the weighted average of outstanding shares.

for the diluted earning per share:

each bond can convert to 21 shares, potentially increasing the amount of shares outstanding to:

1,000 x 21 = 21,000 new shares

<u>so for diluted EPS we will use:</u>

124,000 + 21,000 = 145,000

5 0

3 years ago