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VLD [36.1K]
2 years ago
6

The city wants to pave the road in front of Sam Smith's house. Sam has 110 front feet. The cost to pave is $35 a linear foot and

the city will pay 25% of the paving. What is Sam's cost?
Business
1 answer:
Anna71 [15]2 years ago
4 0

Answer:

$1,443.75

Explanation:

The total cost for paving Sam's portion of the road = $35 per linear foot x 110 front feet =  $3,850

If the city is going to pay 25% of the total cost, then it will pay $962.50, that would leave a total of $2,887.50 to be paid between Sam and his front neighbor. So Sam's share = $2,887.50 / 2 = $1,443.75

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trapecia [35]

Businesses often segment the market based on key demographics such as age, gender, income level or marital status, but they also use more precisely defined categories to target specific groups.

3 0
3 years ago
Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount sha
kolbaska11 [484]

Answer:

Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception

Explanation:

Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.

A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.

5 0
2 years ago
Which of the following is not an example of safeguarding inventory? a.physical devices such as two-way mirrors, cameras, and ala
Talja [164]

Answer: The Option "d.returning inventory that is defective or broken" is NOT an example of safeguarding inventory.

Explanation: If we analyze the statements:

a.physical devices such as two-way mirrors, cameras, and alarms - These are all tools intended for protection against possible inventory theft.

b.storing inventory in restricted areas - Restricting access only to inventory-enabled personnel is able to protect the inventory much more than if anyone can access it.

c.matching receiving documents, purchase orders, and vendor's invoice - Controlling each of the purchase documents and performing the physical count reduces the possibilities of inventory differences for losses or errors.

d.returning inventory that is defective or broken - Returning the defective inventory is a post-echo action that occurred due to the unprotection of the inventory, therefore it could not be referred to as an example of inventory protection.

3 0
3 years ago
Sunland Corporation purchased a limited-life intangible asset for $468000 on May 1, 2019. It has a useful life of 10 years. What
Jobisdone [24]

Answer: $124800

Explanation:

First, we have to calculate the ammortization expense which will be:

= $468000 / 10

= $46800

May 2019 = ($46800 × 8/12)

= $31200

December 2020 = $46800

December 2021 = $46800

Ammortization expense will now be:

= $31200 + $46800 + $46800

= $124800

8 0
2 years ago
The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variab
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Answer:

Month. Machine Hours. Total costs

January. 1,800 $21,500

February. 2,900 $23,200

March. 1,000. $19,750

April. 2,400. $21,000

May. 3,400. $23,900

High-Low method = 23, 900 + 21,000

= 44,900

5 0
3 years ago
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