Answer: 12.5 %
Explanation:
Hi, to answer this question we have to apply the simple interest formula:
I = p x r x t
Where:
I = interest (investment after interests - principal; 12000-8000=4000)
P = Principal Amount (initial invest)
r = Interest Rate (decimal form)
t= time
Replacing with the values given
4,000= 8,000 (x) 4
Solving for x
:
4,000= 32,000x
4,000/ 32,000 =x
x= 0.125
Since the interest rate is in decimal form, we have to multiply it by 100 to obtain the percentage.
0.125 x 100 = 12.5 %
Feel free to ask for more if needed or if you did not understand something.
Answer:
65%
Explanation:
Calculation to determine its predetermined overhead rate for the next period should be:
Using this formula
OH rate = Estimated overhead next period/direct labor
Let plug in the formula
OH rate = $65,000/$100,000
OH rate = 65%
Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%
Answer:
option (A) 49 days
Explanation:
Data provided:
Net sales = $3,749.9 million
Accounts receivable on December 31, 2016 = $486.6 million
Accounts receivable on December 31, 2015 = $520.2 million
Now,
The duration from December 31, 2015 to December 31, 2016 = 365 days
Days sales outstanding = 
or
Days sales outstanding = 
or
Days sales outstanding = 
or
Days sales outstanding = 48.99 ≈ 49 days
Hence,
The correct answer is option (A) 49 days
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someone else’s property and can be charged based on the law.
