Business, 30.03.2020 21:35 JosefineRubino2204
Commercial Paper is: a. A formal, committed line of credit extended by a bank or other lending institution b. An informal arrangement in which a bank agrees to lend up to a specified maximum amount of funds during a designated period c. A minimum checking account balance that a firm must maintain with a commercial bank d. A document specifying the terms and conditions of a loan, including the amount, interest rate and repayment schedule e. Unsecured, short term promissory notes of large firms, usually issued in denominations of $100,000,000 or more and having an interest rate somewhat below the prime rate
Answers: 2
Business, 21.06.2019 20:30
If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.
Answers: 2
Business, 22.06.2019 19:20
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
Business, 22.06.2019 23:30
Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?
Answers: 3
Commercial Paper is: a. A formal, committed line of credit extended by a bank or other lending insti...
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