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Degger [83]
3 years ago
14

A shareholder invested in a mutual fund and has signed a letter of intent to invest $25,000. Her original investment was $13,000

, and her current account value is $17,000. For her to complete the letter, she must deposit A) $27,000. B) $8,000. C) $13,000. D) $12,000.
Business
1 answer:
Delvig [45]3 years ago
5 0

Based on the information given for her to complete her letter, she must deposit D) $12,000.

<h3>Deposit:</h3>

Using this formula

Deposited amount=Amount invested-Original investment

Where:

Amount invested=$25,000

Original investment=$13,000

Let plug in the formula

Deposited amount=$25,000-$13,000

Deposited amount=$12,000

Inconclusion for her to complete her letter, she must deposit D) $12,000.

Learn more deposit here:brainly.com/question/1752098

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3 0
3 years ago
True or false? it adds to your credibility and your team's loyalty when you bring a person who is a difference maker into your c
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That statement is true.
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mixas84 [53]

Answer:

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6 0
3 years ago
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Afina-wow [57]

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Hence it can be said that

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3 0
3 years ago
At the beginning of a year, a company predicts total direct materials costs of $1,020,000 and total overhead costs of $1,220,000
Dima020 [189]

Answer:

Predetermined manufacturing overhead rate= $1.961 per direct material dollar

Explanation:

Giving the following information:

At the beginning of a year, a company predicts total direct materials costs of $1,020,000 and total overhead costs of $1,220,000.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,220,000/1,020,000

Predetermined manufacturing overhead rate= $1.961 per direct material dollar

5 0
3 years ago
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