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Fudgin [204]
4 years ago
5

Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid

as follows: 35% in the month of purchase and 65% in the following month. Compute cash payments for merchandise for September.
Business
1 answer:
pashok25 [27]4 years ago
3 0

Answer:

$579,000

Explanation:

The cash payment in September would be made of 35% purchases in September and 65% of the purchase made in August (the previous month).

Hence

Cash payment in September = (35% × $670,000) + (65% × $530,000)

= $579,000

the cash payment for September is $579,000

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Two plumbers received a job. at first, one of the plumbers worked alone for 1 hour, and then they worked together for the next 4
nika2105 [10]

Answer:

The first worker complete the job in 25 days himself

The second worker complete the job in 20 days himself

Explanation:

r1= rate of work done by first worker

r2=rate of work done by second worker

W= total work done

t days= time taken by the 1st worker to complete the job

r1(t)=W

r1=W/t (1)

Then the time taken by the 2nd worker to complete the job is t-5 days.

r2(t−5)=W

r2=W/(t−5) (2)

If 1st worker do the job for 1 hour and then both the worker do the job for 4 hours and 40% work is done, So

r1(1)+(r1+r2)(4)=4W/10

r1+4r1+4r2=4W/10

5r1+4r2=4W/10 (3)

Substitute equation 1 and 2 into (3)

5W/t+4{W/(t−5)}=4W/10

Multiply through by 10(t-5)

5/t+4/t−5=4/10

5(10)(t−5)+4(10)(t)=4(t−5)(t)

50t−250+40t=4t^2−20t

4t^2−110t+250=0

Solving the above quadratic equation using factorization method

4t^2−100t−10t+250=0

4t(t−25)−10(t−25)=0

(t−25)(4t−10)=0

t=25 or t=2.5

2.5 can't be the answer because if we take 2.5 days in which 1st worker completes the work, then the second worker will complete the work in -2.5days which is wrong.

The first worker completes the job in 25 days by himself and the second worker completes the job in 20 days by himself.

4 0
3 years ago
Read 2 more answers
Which of the following describes accrued revenue? (Check all that apply) Multiple select question. The adjustment causes an incr
vaieri [72.5K]

Answer:

  • The adjustment causes an increase in an asset account and an increase in a revenue account.
  • Accounts receivable is usually increased when accruing revenues.
  • They refer to revenues that are earned in a period, but have not been received and are unrecorded.
  • They refer to earnings which have been earned but not yet billed.

Explanation:

Accrued revenue refers to cash earned for selling a good or delivering a service yet the cash has not been received and the transaction was not recorded in the books as revenue. This means that the cash has been earned but it has not been billed to the customer it was earned from.

When the books are being adjusted for this, the accounts receivable - which is an asset account - will increase to show that cash is owed. Revenue will also increase as this was cash earned from delivering a good or service.

6 0
3 years ago
The employees of Clevmark Inc., a software firm, are divided into separate teams, and each team performs only its designated set
gladu [14]

Answer:

Work specialization.

Explanation:

Is an organizational structure. Work specialization is the degree to which task in the organization are divided into separate jobs with each step completed by a different person.

The theory of Work specialization is: breaking down large jobs into smaller components, and delegating different parts to individual workers.

Most managers today see work specialization as an important organizing mechanism as it helps employees to be more efficient.

Saves time by eliminating the need to switch between jobs.

8 0
4 years ago
g decided to issue three-year bonds denominated in 5 million Russian rubles at par. The bonds have a coupon rate of 17 percent.
Inessa [10]

Answer:

Assuming that the bonds are sold at par (no discount or premium), the annual coupon payments should be:

year 1 = 850,000 rubles, equal to $27,200

year 2 = 850,000 rubles, equal to $28,900

year 3 = 850,000 rubles, equal to $29,750

plus the face value of 5,000,000 rubles equal to $175,000

The company received 5,000,000 rubles today equal to $150,000

using an excel spreadsheet:

-150,000

27,200

28,900

204,750

and the IRR function, the cost of financing is 23.39%

8 0
3 years ago
Tools that help businesses analyze data by extracting key elements from unstructured big data sets, discover patterns and relati
Liono4ka [1.6K]

Answer:

The right option is (B)

Explanation:

There are various tools which are used to analyse data and to extract important information from them. Data mining tools are used vigorously to extract key elements from raw data and then to predict or forecast future results. Overall, the data mining tools are used in various fields such as economics, earth science, engineering, physics etc.

4 0
3 years ago
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