Answer:
Explanation:
As a friend of Mr. Greco I will advise him to try out the special needs plan because it will help him cut cost and reduces his spending on health at same time receiving the best Medicare service at lower cost. Giving him the opportunity to invest his income in other things.
A sole proprietor is personally liable for the liabilities which remain unpaid after the utilization of assets. In the given case the sole proprietorship has total assets of $34,583 and liabilities of $55,867. It means total assets can be used to pay off $34,583 out of total liabilities of $55,867 and the proprietor shall be personally liable for the balance liabilities= 55867-34583 = $21,284
Hence, you are personally liable for <u>$21,284</u>
Answer:
The given websites are examples of Microsites.
Explanation:
A microsite is also a type of website, which is used as a marketing tool by companies , which are kept distinct and separate from a company's main website , which helps in delivering a much more focused and specific content to its target audience. Same thing is happening in this case as Burger king has kept BK careers and Subservient chicken separate from its main website.
Answer: $2,845.57965
The principal to be deposited semiannually would be $2,845.58 (rounded to 2 decimal places)
Explanation:
Using compound formula below
A = p (1 + r/n)^nt
A =amount= $3,300
r = rate = 5% = 5/100 = 0.05
n = number of compounding rate (semiannually) =2 interest payments a year
t = time in years= 3
3,300 = p (1 + 0.05/2)^2(3)
3,300 = p (1 + 0.025)^6
3,300 = p (1.025)^6
3,300 = 1.15969342p
Divide both sided by 1.15969342
p = $(3,300/1.15969342)
p = $2,845.57965
p ≈$2,845.58 rounded to 2 decimal places.
Answer:
The estimated Inventory is $376,000.00, which is equal to the difference between cost of goods available for sale and cost of goods sold.
Explanation:
The cost of goods available for sale is made of Beginning Inventory $538,000 and Net Purchases $410,000 (418,000 Purchase - 8,000 Purchase Returns).
The cost of goods sold is 100% of Sales of $714,000, using a markup on cost of 25%. This implies that Sales represent 100+25%, = 125%.
Cost of goods sold is therefore $714,000/125 x 100, which is equal to $571,200.
A summary of Trading Account is attached to illustrate the above workings.
