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3 years ago

If a car company sold a vehicle for $50000 and was produced by 10000 what is the profit?

Business

1 answer:

expeople1 [14]3 years ago

6 0

Answer:

$ 40,000

Explanation:

profits are obatined by substracting toatl expenses from total revenues.

i.e profits= Total revenue - total costs

in this case: cost of production = $ 10,000.00

selling price = $ 50,000.00

profits= $50,000-$ 10,000= $ 40,000

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The number of accidents that occur annually on a busy stretch of highway is an example of:

andrew11 [14]

I believe the answer to this question is "<span>A discrete random variable". </span>

8 0

3 years ago

On January 1, 2020, Tamarisk Corporation issued $700,000 of 9% bonds, due in 8 years. The bonds were issued for $740,784, and pa

EleoNora [17]

Answer:

Cash 740,783 debit

Bonds payable 700,000 credit

Premium ob BP 40,783 credit

--to record issuance--

Interest expense 29,631.32 debit

premium on BP 1,868.68 debit

cash 31,500 credit

--to reocrd first interest payment--

Interest expense 29,556.57 debit

premium on BP 1,943.43 debit

interest payable 31,500 credit

--to record accrued interest at year-end on BP--

Explanation:

procceds 740,783

face value <u> 700,000 </u>

premium on bonds payable 40,783

When comparing, the firm received more than the face value hence, there is a premium on the bonds as the coupon payment are above the market rate.

Now, the interest will be calculate as follow:

carrying value x market rate:

740,783 x 0.08/2 = 29,631.32 interest expense

cash outlay:

700,000 x 0.09/2 = 31,500

amortization on premium (difference) 1,868.68

new carrying value: 740,783 - 1,868,68 = 738,914

second payment accrual:

738,914 x 0.04 = 29,556.57

cash outlay 31500

amortization 1,943.43

7 0

2 years ago

Tuity Fruity Beverage Company's operating activities for the year are listed below. Purchases $140 comma 700 Operating expense

blsea [12.9K]

Answer:

The cost of goods sold for the year is $134,300

Explanation:

The cost of goods sold for the year = Beginning inventory + Merchandise Purchased - Ending inventory

Tuity Fruity Beverage Company's purchases $140 comma 700 and has beginning inventory 12 comma 600, ending inventory 19 comma 000.

Therefore:

The cost of goods sold for the year = $12,600 + $140,700 - $19,000 = $134,300

3 0

3 years ago

Large membranous sacs are more prevalent in plant cells and some protozoa than in animal cells. These sacs in plant cells might

Olenka [21]

Answer:

Vacoule

Explanation:

vacuole can be regarded as membrane-bound organelle. They can be found in cell of fungi as well as plant, I could also be found in some of the bacteria and protist cell.Those that are found in animal cell do sequester waste products in the cell, and those in plant cell helps in maintaining water balance. In plant cell, just single vacoule could take up so much space.It should be noted that Large membranous sacs are more prevalent in plant cells and some protozoa than in animal cells. These sacs in plant cells might function in vacoule.

4 0

3 years ago

Law Office employ 12 full-time attorneys and 5 paraprofessionals. Budgeted salaries include $100,000 for each attorney and $30,0

Jobisdone [24]

Answer:

See below

Explanation:

Given the above information,

= ($110,000 × 12 + $30,000 × 5) / 60,000 × 1,000

= ($1,320,000 + $150,000) / 60,000,000

= $1,470,000 / 60,000,000 + $300,000/60,000) × 1,000

= $0.0245 + $5,000

= $5,000

7 0

2 years ago