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Gekata [30.6K]
4 years ago
10

Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been pai

d yet. using actual days, how much will the buyer be credited and the seller be debited
Business
1 answer:
Tpy6a [65]4 years ago
4 0

Answer:

Sally (the buyer) should pay $865.58 and the seller should pay $368.42.

Explanation:

First we must determine property taxes per day = $1,234 / 365 = $3.38 per day

The seller is responsible for the property taxes until the closing date = 31 days for January + 28 days for February + 31 days for March + 19 days for April = 109 days x $3.38 per day = $368.42

Sally would be responsible for the remaining taxes = $1,234 - $368.42 = $865.58

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The company should accept the special order because it will get an additional profit of $4,000 ($12,500 - $7,500 - $1,000) for the special order. This additional profit amount can be acquired by separating the effect from the special order on each cost and sales of the company's business. The sales should increase by $12,500 ($5 x 2500 unit) amount if the job is taken and the variable cost should increase by $7,500 ($3 x 2500 unit). Lastly, the fixed cost should increase by $1,000 (the new machine).
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3 years ago
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ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month therea
adelina 88 [10]

Answer:

13.33

Explanation:

We have to write 2 equations to set equal to each other.

The first one will look like this:

200x + 5,000

The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.

The second equation will look like this:

50x + 7,000

The project begins at $7,000 and grows by $50 every month so the x will go with the 50.

Now, set them equal to each other

200x + 5,000 = 50x + 7,000

Solve

150x + 5,000 = 7,000

150x = 2,000

x = 13.333

Therefore, in the thirteenth month the project will breakeven.

<em>Hope this helps!!</em>

<em>- Kay :)</em>

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3 years ago
all of these are major elements that affect project completion except: a. quality metrics. b. imposed dates. c. number of resour
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All of these are major elements that affect project completion except a. quality metrics.

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Match the terms in the left column with their appropriate definition in the right column. Definitions Terms 1. Economic order qu
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Answer:  The terms provided do not match the definitions provided. the answer to the question is 1) Purchase order 2) imprest fund

Explanation:

a. A document that creates a legal obligation to buy and pay for goods or services ----- Purchase order

A purchase order is an agreed  document which indicates the type of product or services,  quantities of product, and  prices for products or services between two parties. it is usually  issued by a company who is referred to as a buyer to a vendor known as a  seller to supply the goods or services. When the vendor supplies the products, will be paid by the company who  is the buyer according to payment terms.

b. The method used to maintain the cash balance in the petty cash account--- imprest fund--- This is a petty cash system where a fixed  sum  amount of cash is maintained and   kept aside by a business only for  managing  expenses that may arise due to some circumstances but after being taken out, must be replenished.

6 0
3 years ago
A distribution of scores that is positively skewed will have a small number of scores that:
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Answer:

A distribution of scores that is positively skewed will have a small number of scores that are very high.

Option C is correct.

Explanation:

A distribution is said to be normal if the value of skewness is equal to zero, this type of distribution is symmetric.

However, if the skewness value is less than zero, then the distribution is negatively skewed and if the skewness value is greater than zero then the distribution is positively skewed.

For a positively skewed distribution, the tail is elongated downward, and the mean value is greater compared with median and mode. Hence, the observations are extremely high and the mean is distributed upward.

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3 years ago
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