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Charra [1.4K]
3 years ago
7

Question number q 5.8: a company has a policy to sell goods on account with terms of 2/10, n/30. if a customer purchased $100 of

merchandise from this company for cash instead of on account, the customer would pay
Business
1 answer:
sdas [7]3 years ago
6 0
<span>Question number q 5.8: a company has a policy to sell goods on account with terms of 2/10, n/30. if a customer purchased $100 of merchandise from this company for cash instead of on account, the customer would pay</span>
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If Highway 55 Studios can reduce fixed expenses by ​, by how much can variable expenses per unit increase and still allow the co
solniwko [45]

Answer:

$2.25

Explanation:

Please check the attached image for the full question used in answering this question

Breakeven sales is the quantity sold at which net income is equal to zero.

Breakeven sales = fixed cost / (price per unit - variable cost per unit )

$1,215,000 / ($80 - $35) = 27,000

If Highway 55 Studios can reduce fixed expenses by $60,750, variable cost =

27,000 = ($1,215,000 - $60,750) / ($80 - V)

27,000 = 1,154,250 / ($80 - V)

V = $37.25

Variable cost would increase by  : $37.25 - $35 = 2.25

8 0
3 years ago
As of December 31, 20X14, Eliot Corp. has net income per books of $100,000, which includes municipal bond interest of $4,000, a
muminat

Answer:

Option (e) is correct.

Explanation:

Taxable Income:

= Net income per book - municipal bond interest + deduction for business meals + deduction for a net capital loss + deduction for federal income taxes

= $100,000 - $4,000 + 50% of $5,000 + $5,000 + $22,000

= $125,500

Eliot Corp.'s current earnings and profits (Current E&P) for 2014:

= Taxable Income + municipal bond interest - deduction for federal income taxes - deduction for a net capital loss

= $125,500 + $4,000 - $22,000 - $5,000

= $102,500

5 0
3 years ago
Which of the following companies would be most risky to invest in? A. Company A makes bold moves and grows rapidly. B. Company B
iVinArrow [24]
The right answer for the question that is being asked and shown above is that: "A. Company A makes bold moves and grows rapidly." <span> The company that would be most risky to invest in is that </span><span>A. Company A makes bold moves and grows rapidly.</span>
4 0
3 years ago
Read 2 more answers
A customer purchases an item from an e-commerce site. The e-commerce site must maintain proof that the data exchange took place
tatiyna

Answer:

c. nonrepudiation of the transaction

Explanation:

Based on the information provided within the question it can be said that the  feature of digital signatures that is required is a nonrepudiation of the transaction. This refers to an assurance that the individual in question cannot deny that they made the transaction in question. This protects both the buyer and the seller as it prevents fraud and provides proof of the transaction.

3 0
3 years ago
What is the present value of the following cash-flow stream if the interest rate is 5%? (Do not round intermediate calculations.
kodGreya [7K]

Answer:

Total PV= $948.6

Explanation:

Giving the following information:

Year Cash Flow

1 $250

2 450

3 350

Interest rate= 5%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV = Cf/(1+i)^n

PV1= 250/1.05= 238.1

PV2= 450/1.05^2= 408.16

PV3= 350/1.05^3=  302.34

Total PV= $948.6

6 0
3 years ago
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