Answer:
Tzs 540
Explanation:
The selling of Tzs 475 results in a 5% loss.
It means Tzs 475 represents 95% of the cost price.
The cost price is equal to 100%.
If 95% = Tzs 475, 100 % = ?
=Tzs475/95 x 100
=Tzs 5 x 100
The cost price =Tzs500
To make 8% profits, the selling price will have to be
=Tzs 500 +( 8/100 x 500)
=Tzs 500 +( 0.08 x 500)
=Tzs =500 + 40
=Tzs 540
Answer:
$163,104
Explanation:
loan principal = monthly payment x PV annuity factor
monthly payment = $950
PV annuity factor, 0.4583%, 240 periods = 145.3726
loan principal = $950 x 145.3726 = $138,104
the price of the house = down payment + loan = $25,000 + $138,104 = $163,104
Answer:
- Inventory
- Current Liabilities
Explanation:
The journal to record the given transaction is shown below:
Inventory A/c Dr $50,000
To Accounts payable $50,000
(Being the purchase of inventory is recorded)
Since the inventory is a purchase which increases the inventory so the respective account is debited and the account payable is credited as its increases in current liabilities
So, no impact on total stockholders
Answer:
The interest rate is 5.2%
Explanation:
A = Pe^rt
A = $1240
P = $600
t = 14 years
1240 = 600e^14r
e^14r = 1240/600 = 2.067
e^14r = 2.067
14r = ln 2.067
14r = 0.726
r = 0.726/14 = 0.052 = 5.2%
Answer:
C. $3,800
Explanation:
The computation of the cost level for both insurance policy is shown below:
We choose $1,000 or 50% which ever is lower
We take the help of the given options
a. For the first option
The 50% is 300 which is less than the 1,000 now we take 80% of ($600 - $300) that comes $240
b. For the second option
The 50% is 500 which is less than 500 now we take 80% of ($1,000 - $300) that comes $560
c. For the third optiion
The 50% of $3,800 i.e $1,900 and $1,000 whichever is less i.e ($3,800 - $1,000) = $2,800 so it is $1,000 now we take the 80% of ($3,800 - $300) i.e $2,800
Thus the amount comes same
Thus this is the right option
