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2 years ago

11

Mike wants to purchase an $11,350 car with a loan from a credit union that requires a 20% down payment. what amount will Mike bo

rrow from the credit union?

1 answer:

djyliett [7]2 years ago

4 0

He will borrow 80% of the cost of the car.
80/100*11350= <span>$ 9080</span>

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Answer:

The correct answer is D. indirect cost.

Explanation:

That is, indirect costs are those costs that the company incurs during the exercise of its activity, whose allocation is more complicated, since they are not directly related to production.

In the above case, it is shown that the environmental effect produced by the cyclone is not directly related to the production of the bricks, so it is considered that it corresponds to indirect costs of the operation.

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2 years ago

Tamarack Company purchased a plant from one of its suppliers. The $1,000,000 purchase price included the land, a building, and f

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Answer

<h3>The total purchase price allocated to land, building, and machinery accounts is $140,840, $509,707 and $355,453 respectively.</h3>

<h3>Explanation</h3>

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Total purchase price = purchase price + legal fee

= 1.000.000 + 6.000

= 1.006.000

Allocation of the total purchase price to the land, building, and machinery accounts in Tamarack Company’s record:

Land = Total purchase price * (Assesed Value of Land / Total Property Assessed Value)

= 1.006.000 * (126.000 / 900.000)

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Building = Total Purchase Price * (Assesed Value of Machinery / Total Property Assessed Value)

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2 years ago

Moki Hunt recently purchased Swift Waters Adventures, a kayaking and canoeing rental business near the Salt River in Arizona. Sw

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First thing he needs to do is:

properly describe the problem he is facing

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Moki is experiencing low sales which means that he needs to embark on a marketing campaign. If he does not know what exactly is wrong however, he cannot do much in the campaign.

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1 year ago

Here is the income statement for Skysong, Inc. SKYSONG, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue

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Answer:

a. The Earnings per share is $2.64 per share

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a. In order to calculate the Earnings per share we would have to use the following formula:

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1 year ago

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Answer:

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2 years ago

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