SBA 7(a) loans can be used for such things as equipment and land.
Answer the following statement true (T) or false (F)
True
You might also like to view...
The economic resources to which the owners have claim are represented by stockholders' equity
Indicate whether the statement is true or false
Kamper Company sells two products Big Z and Little Z. Current direct material and direct labor costs are detailed below. Next year, the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $475,000. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $20 per hour and the company expects to manufacture 32,000 units of Big Z and 9,000 units of Little Z next year. DirectMaterialper UnitDirectLabor Dollarsper UnitBig Z$6 $17 Little Z$12 $8 What are total estimated direct labor hours for this next year?
A. 916,000 total DLH. B. 30,800 total DLH. C. 300,000 total DLH. D. 1,025,000 total DLH. E. 616,000 total DLH.
Object-oriented modeling is based on the concepts of:
A) objects and relationships. B) classes and objects. C) class and inheritance. D) objects and inheritance. E) tables and relationships.
Hoosier Co. sold $300,000 of 10% bonds for $311,600. Each $1,000 bond carried ten warrants and each warrant allowed the holder to acquire one share of $10 par value common stock for $25 a share. After the issuance of the securities, the bonds were quoted at 103.5 and each warrant was quoted at $9. ? Required: ? Prepare the entry to record the sale of the bonds.
What will be an ideal response?