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Fudgin [204]
3 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]3 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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5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a 9% coupon, semiannual
andreev551 [17]

Answer: 7.67%

Explanation:

To solve this, the financial calculator will be needed

Present value = -896.87

Future Value = 1,000

N = [(25 - 5years) × 2 = 40

PMT = $45

Given the above information, we will press the financial calculator as we'll press CPT after which we then press I/Y and we'll get 5.11%

Then, the the firm's after-tax cost of debt will be:

= (5.11% x 2 )(1 - 0.25)

= (0.0511 × 2) (0.75)

= 0.07665

= 7.665%

= 7.67%

6 0
2 years ago
A securities analyst reports that a cyclical change in non-durable goods has occurred on the downside over the last quarter. Whi
Stella [2.4K]

Answer:

D) Shares in a brewery

Explanation:

Beer is not a durable good, and the security analyst reported non-durable goods are not going to perform well. The analyst didn't specify which non-durable goods would not perform well, but beer is the only possible option. The other three alternatives all relate to durable goods (steel, industries, home appliances).

6 0
3 years ago
If a firm goes out of business because of negative economic​ profits, its books
Rainbow [258]

Answer:

The answer is B.

Explanation:

8 0
3 years ago
Cameron Industries is purchasing a new chemical vapor depositor in order to make silicon chips. It will cost $7,000,000 to buy t
AVprozaik [17]

Answer:

A) -$10,020,000

Explanation:

Year 0 cash flow = -(Cost of Machine + Installation Cost + Clean Room Cost)

Year 0 cash flow = -($7,000,000 + $20,000 + $3,000,000)

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So, the incremental free cash flows associated with the new machine in year 0 is ($10,200,000).

4 0
3 years ago
Gordon was a computer programmer for Hi-Tech Solutions, a corporation with 100 employees. He developed carpal tunnel syndrome an
malfutka [58]

Answer:

Gordon and Hi-Tech Solutions

Under these circumstances, Gordon is entitled to reasonable accommodations, which his employer can offer him, under the ADA.  The accommodations may involve assigning him to work that may not require the use of a keyboard to type and ensuring that he does not lose his position as a result of his physical condition.

Explanation:

Protections are offered to workers like Gordon who develop physical or mental disabilities prior to and during employment under the Americans with Disabilities Act.  It attempts to ensure that Americans with disabilities are not put to disadvantage or out of employment because of their disabilities.  Instead, reasonable accommodations are offered to such workers to ensure that they can continue to earn a living.

7 0
2 years ago
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