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Olin [163]
2 years ago
7

A business's budget estimates yearly sales of $735,650. if the business plans to spend 38%

Business
1 answer:
r-ruslan [8.4K]2 years ago
7 0

The amount that it should budget for total expenses is: $456,103.

<h3>Budgeted total expense</h3>

Using this formula

Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)

Let plug in the formula

Total expenses=$279,547+$176,556

Total expenses=$456,103

Therefore the correct option is A.

Learn more about total expenses here:brainly.com/question/25317819

#SPJ1

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Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of industrial equipment costing $
olga2289 [7]

Answer:

$4,5243.63

Explanation:

Data provided in the question:

Future value = $250,000

Interest rate = 5% = 0.05

Time = 5 years

Now,

Future value = C\times\left[ \frac{(1+i)^{n}-1}{i} \right]

here,

C = Regular deposit amount

i = Interest rate per period

n = number of periods

Future value = C\times\left[ \frac{(1+i)^{n}-1}{i} \right]

or

$250,000 = C\times\left[ \frac{(1+0.05)^{ 5}-1}{ 0.05} \right]

$250,000 = C\times\left[ \frac{ 1.05^{ 5}-1}{ 0.05} \right]

$250,000 = C\times\left[ \frac{ 1.276282 - 1}{ 0.05} \right]

$250,000 = C × 5.52564

or

C = \frac{ 250000 }{ 5.52564 }

C = $4,5243.63

7 0
4 years ago
Which of the following include the Market Structure
exis [7]
There is nothing following lol
3 0
3 years ago
Read 2 more answers
Knowing the slope of activities allows project managers to compare which ____ activities to shorten.
In-s [12.5K]

Answer:

Knowing the slope of activities allows project managers to compare which <u>Critical</u> activities to shorten

7 0
2 years ago
Which of the following statements is CORRECT?
zaharov [31]

Answer:

If a company pays more in dividends than it generates in net income, its retained earnings as reported on the balance sheet will decline from the previous year's balance.

Explanation:

The dividend is shown while preparing the retained earning statement. So, it does not affect the net income.

The highly liquid marketable securities does not show a decline in the current assets

If the long term bonds are issued to purchase fixed assets it would show under the long term liabilities and the long term assets rather than the current assets and the current liabilities

Account receivable are reported in the current assets rather than the current liabilities

We know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

If the dividend amount is more than the net income so the ending balance of retained earning will decline than its beginning year balance.

3 0
3 years ago
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A monopolist makes self‑cleaning jackets. At a price of $100 each, it can sell 20 jackets. At a price of $98 each, it can sell 2
tatiyna

Answer:

The answer is $2,000

Explanation:

A monopolist is a single seller in the industry. A monopolist can influence the market price because he is the only one selling the product in the industry and has many buyers. Monopoly is an imperfect market and there are price discriminations in this market. A monopolist can charge different prices for different people.

We have first degree price discriminations, second degree price discriminations and third degree price discriminations.

Total revenue = selling price x units sold

Selling price is $100

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Total revenue is therefore, $100 x 20 jackets

=$2,000

6 0
3 years ago
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