Ask question

Ask question

All categories

3 years ago

5

To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often re

quire borrowers to clean up their short-term loans for a 30-45 day period during the year.
a. True
b. False

1 answer:

Salsk061 [2.6K]3 years ago

8 0

True I’m maybe wrong but ye I think it’s true

You might be interested in

Sister Pools sells outdoor swimming pools and currently has an aftertax cost of capital of 11.6 percent. Al's Construction build

Aloiza [94]

Answer:

$1,952 (Positive NPV)

Explanation:

Year Annual CF ($) PV factor at 10.30% PV of Cash Flow ($)

1 17,000 0.90662 15,413

2 17,000 0.82196 13,973

3 17,000 0.74520 12,668

4 17,000 0.67561 11,485

5 17,000 0.61252 10,413

6 17,000 0.55532 9,441

7 17,000 0.50347 8,559

TOTAL 1.73554 81,952

Net Present Value (NPV) = Present value of annual cash flows - Initial Cost

Net Present Value (NPV) = $81,952 - $80,000

Net Present Value (NPV) = $1,952 (Positive NPV)

8 0

3 years ago

A tenant occupying 20,000 square feet in your building has two years remaining on their lease. You have a good relationship with

user100 [1]

Answer: $315000

Explanation:

From the information given in the question, the gross rental income that one will expect to receive for this space in the year after the lease expires goes thus:

= [(75% x 15) + (25% x 18)] x 20,000

= [(0.75 × 15) + (0.25 × 18)] × 20000

= (11.25 + 4.5) × 20000

= 15.75 × 20000

= 315,000

Therefore, the gross rental income is $315000

4 0

3 years ago

Use the graph for a competitive market ti answer the question below

Svetlanka [38]

Answer:

$3.25

Explanation:

The new price for cigarettes will be the intersection point between the demand curves and the new supply curve.

Assuming S1 is the old supply curve without taxes and the new supply curve is S2 with taxes. The new price is the intersection of S2 and the demand curve, which is at $3.25.

3 0

3 years ago

Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an

Andrej [43]

Answer:

<u>Foster Manufacturing </u>

<u>Journal Entries</u>

<u>Sr. No Particulars Debit Credit</u>

1 Work in Process Job No. 221 1200

Work in Process Job No. 222 1700

Work in Process Job No. 223 2400

Work in Process Job No. 224 2600

Factory Overhead Indirect Materials 600

Materials Inventory 8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor Work in Process Job No. 221 1600

Direct Labor Work in Process Job No. 222 2200

Direct Labor Work in Process Job No. 223 2900

Direct Labor Work in Process Job No. 224 2800

Indirect Labor 400

Payroll 9500

Factory OverheadControl 400

Direct Labor used for specific jobs.

3. Work in Process Job No. 221 1120

Work in Process Job No. 222 1540

Work in Process Job No. 223 2030

Work in Process Job No. 224 1960

Manufacturing Overheads 6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4. Finished Goods Inventory $ 7940

Opening Work in Process Job No. 221 3600

Work in Process Job No. 221 Materials 1200

Work in Process Job No. 221 Direct Labor 1600

Work in Process Job No. 221 MOH 1540

Job 221 completed and transferred to finished goods.

3 0

3 years ago

Economies of scale and intra-industry trade combine to produce ________. group of answer choices

Nikolay [14]

Economies of scale and intra-industry trade combine to produce variety for customers.

Industry (Economy), broadly classified

Industry (Manufacturing), a specific industry, usually in a factory with machinery. A broader industrial sector of the economy that includes the manufacture and production of other intermediate or final products.

General Characteristics of Industrial Society and Modes of Production

Industrialization, Transformation into Industrial Society

Industrial Classification, Classification of Economic Organizations and Activities.

An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.

Learn more about industry here

brainly.com/question/7719501

#SPJ4

3 0

2 years ago