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1 year ago

9

If you borrow $5,400 at $800 interest for one year, what is your effective interest rate for the following payment plans? (Input

your answers as a percent rounded to 2 decimal places.)

1 answer:

asambeis [7]1 year ago

4 0

5400/800 = 0,14814 -> 14,81% Interest rate

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Oriole Company has the following budgeted sales: January $210000, February $260000, and March $220000. 40% of the sales are for

statuscvo [17]

Answer: The total expected cash receipts during March is $232000.

Explanation:

Given that,

Budgeted sales in January = $210000

Budgeted sales in February = $260000

Budgeted sales in March = $220000

40% of sales are for cash and rest 60% are on credit

Total cash receipts during march = cash sales in the month of march + Credit sales in the month of February + Credit sales in the month of march

= 40% of 220000 + 260000 × 60% × 50% + 220000 × 60% × 50%

= 88000+78000+66000

= $232000

Therefore, the total expected cash receipts during March is $232000.

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2 years ago

Slapshot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $28,000 were put

elena55 [62]

Answer:

Part 1. Calculate the total prime cost for last week

Direct materials 28,000

<u><em>Add </em></u>Direct labor 28,000

Prime Cost 56,000

Part 2. Calculate the per-unit prime cost

per-unit prime cost=$56,000/5,600

=$10.00

Part 3. Calculate the total conversion cost for last week

Direct labor 28,000

<u>Add </u>Manufacturing Overheads 55,000

Total conversion cost 83,000

Part 4. Calculate the per-unit conversion cost.

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=$14.82

Explanation:

Part 1. Calculate the total prime cost for last week

Prime Cost = Direct Materials + Direct Labor

Part 2. Calculate the per-unit prime cost

Per Unit Prime Cost = total prime cost/number of units manufactured

Part 3. Calculate the total conversion cost for last week

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Part 4. Calculate the per-unit conversion cost.

Per-unit conversion cost =Total Conversion Cost / number of units manufactured

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2 years ago

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Answer:

False

Explanation:

Groupthink is when a group of individuals reach a consensus without really weighing the matter, comsequences, or whether you can have other alternatives. Groupthink takes its cue from just desiring not to upset the balance of a group of people. This in no way does not describe the Motorola team that developed the Razr cell phone. They agreed on the objectives at hand and on the best approach to solve the problem.

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3 years ago

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How can expectations about the future change consumer behavior?

Scrat [10]

The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.

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3 years ago

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andrew11 [14]

Answer:

B. personal appeals

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