For the following second mortgage application, calculate the percentage of appraised value and the potential credit:
Appraised
Lender's
Percentage of
Balance of First
Potential
Value
Percentage
Appraised Value
Mortgage
Credit
$177,430
70%
$64,800
What will be an ideal response?
$124,201; $59,401
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The right of self-defense is an example of ________.
A. procedural law B. criminal law C. substantive law D. civil law
An answering service for a doctor's office wants to evaluate the service by simulation calls. They used past data to determine the distributions for the time between calls and the time spent on the phone with patients
Use the table below to manually simulate 8 calls. The time of the call and the service time have already been determined. Customer Number Time of Call Time call answered Service Time Time call ends Customer Wait Time Operator Wait Time 1 15 15 25 40 0 15 2 45 45 25 70 0 5 3 70 15 4 95 45 5 125 15 155 6 150 35 7 175 190 25 15 0 8 205 25 240 10 0 Calculate the average waiting time per customer. Calculate the utilization of the operator.
If the likelihood of a loss is reasonably possible, a contingent liability is recorded by making an appropriate journal entry.
Answer the following statement true (T) or false (F)
Deidoro Company has provided the following data for maintenance cost: Prior YearCurrent YearMachine hours 15,400? 18,100? Maintenance cost$32,100? $35,340? ?Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to:
A. $21,720 per year; $0.833 per machine hour B. $32,100 per year; $1.200 per machine hour C. $13,620 per year; $1.200 per machine hour D. $13,620 per year; $0.833 per machine hour