2 years ago

How many major OEMs manufacture Class 8 trucks for the North American market?

Business

1 answer:

Alex Ar [27]2 years ago

3 0

Answer:

There are four major OMEs manufacturer trucks for the North American market

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The Mountain Top Shoppe has sales of $512,000, average accounts receivable of $31,400 and average accounts payable of $24,800. T

nevsk [136]

Answer:

How long does it take The Mountain Top Shoppe to pay its suppliers?

25 days

Explanation:

Sales $512,000

COGS 71%

COGS $363,520

Av Acc Receiv 31.400

Av Acc Payable 24.800

Days 365

DPO - Days Payables Outstanding ==> ($24,800/$363,520)*365= 25 Days

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3 years ago

If economic activity increases, it follows that economic welfare:

grigory [225]

Probably goes either way

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3 years ago

Find the lump sum deposited today that will yield the same total amount as this yearly payment (made at the end of each year for

Oduvanchick [21]

Answer:

$129,108.10

Explanation:

Missing word <em>"$9500 at 4%"</em>

<em />

Present Value of the amount to be deposited P = ?

Annual Year end payment A = $9,500

Rate of interest r = 4% compounded annually

Period of payment n = 20 years

P = A * [1- (1/(1+r)^n)] / r

P = $9500 * [1 - (1/(1+0.04)^20)] / 0.04

P = $9500 * [1-(1/(1.04)^20)] / 0.04

P = $9500 * [1 - (1/2.191123143)] / 0.04

P = $9500 [1 - 0.45638695] / 0.04

P = $9500 * 0.5436131 / 0.04

P = $9500 * 13.590326

P = $129,108.1003

P = $129,108.10

So, the lump sum deposited today is $129,108.10.

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3 years ago

Consumers influence the decisions of producers in which of the following ways?

Anna11 [10]

Consumers influence the decisions of producers c) through the purchasing decisions they make.

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3 years ago

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Which of the following is true about unearned revenues? A : They are earned and already received and recorded. B : They are rece

ehidna [41]

Answer:

B :

Explanation:

Unearned revenues refers to a liability account that records the amount that has been received before actually providing the goods or services for that amount. Therefore these values are received and recorded as liabilities before they are earned. Once the product or service is provided then the account balance is reduced and the revenue is increased, but only when and if the product/service is provided and revenue earned.

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3 years ago