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Oliga [24]
3 years ago
11

Martinez Corp. purchased a delivery van with a $57000 list price. The company was given a $5400 cash discount by the dealer, and

paid $2600 sales tax. Annual insurance on the van is $1200. As a result of the purchase, by how much will Martinez Corp. increase its van account?
Business
1 answer:
WITCHER [35]3 years ago
5 0

Answer:

VAN = 51,600

Explanation:

57,000

-5,400 discounts

51,600

<em />

<u>Notes</u>

  • <em>The sales tax is part of the list price, it must be accounted for the seller part. not the buyer.</em>
  • <em>The insurance will be a prepaid insurance, not part of the van</em>
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BabaBlast [244]

Answer:

"$10,000" is the appropriate solution.

Explanation:

According to the question, the values are:

Future cash flows,

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Amortization Cost,

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On substituting the given values, we get

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"Phillips and Sanchez is a retailer that operates a national chain of home furnishings stores. It has designed a website and a s
Annette [7]

Answer:

Omnichannel strategy

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Omnichannel strategy -

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3 years ago
Rank the following three stocks by their level of total risk, highest to lowest. Rail Haul has an average return of 12 percent a
aalyn [17]

Answer:

Idol Staff, Rail Haul, Poker-R-Us

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The farther the standard deviation is from the revenue, the more risky or at risk the stock is.

From the above question, Idol staff has the highest level of risk of 20% (i.e 35-15). Next up is Rail Haul with a risk level of 13% (i.e 25-12). the stock with tthe lowest risk level is Poker-R-Us with 11% (i.e 20-9).

Cheers.

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3 years ago
BenchMark, Inc., just paid a dividend of $3.45 on its stock. The growth rate in dividends is expected to be a constant 5 percent
Ludmilka [50]

Answer:

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The current share price for the stock is:

$43.13

Explanation:

Dividend per share = $3.45

Growth rate = 5%

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Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)

= $3.45/(0.13 - 0.05)

= $43.13

b) To determine BenchMark, Inc.'s current share price divide the dividend per share by the required rate of return after subtracting the growth rate from the required rate of return.

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3 years ago
Juanita makes $30 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $3
Phoenix [80]

Answer:

Juanita should purchase the suit at the store across town because the total economic cost will be lowest.

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Juanita should purchase the skirt at the store across town because the total economic cost will be lowest ($131)

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5 0
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