Answer:
$50,500
Explanation:
Calculation for by how much will Whispering Winds Corp. increase its van account
Using this formula
Increase in Van account =List price- Cash discount + Sales tax paid
Let plug in the formula
Increase in Van account=$52,000-$4,200+2,700
Increase in Van account=$50,500
Therefore by how much will Whispering Winds Corp. increase its van account will be $50,500
Answer:
Instructions are below.
Explanation:
Giving the following information:
Sales:
April 45,000
May 38,000
June 42,000
Each unit requires one pound of raw material. Saphire's policy is to have 30% of the following month's production needs for materials in inventory.
A) Budgeted production= sales + desired ending inventory - beginning inventory
Budgeted production:
Sales=38,000
Ending inventory= 42,000*0.3= 12,600
Beginning inventory= 38,000*0.3= (11,400)
Total= 39,200
B) Desired beginning inventory= budgeted sales*30%
Beginning inventory= 42,000*0.3= 12,600
I think the answer is c.capitalize on interest but i'm not quite sure
Answer:
The correct answer is (E)
Explanation:
There are two major policies which can directly affect the economy of a country; fiscal policy and monetary policy. Monetary policy is generally controlled by federal or state bank which is used to increase or decrease the overall money supply in the economy. Some important tools of monetary policy are interest rate, discount rate and open market operations etc. The monetary policy is often used to target inflation
Answer:
Explanation:
The formula to compute the percentage of amount due for each month is shown below:
= (Month wise amount due) ÷ (Total receivables) × 100
For April:
= ($156,240) ÷ ($390,600) × 100
= 40%
For March:
= ($78,120) ÷ ($390,600) × 100
= 20%
For February:
= ($117,180) ÷ ($390,600) × 100
= 30%
For January:
= ($39,060) ÷ ($390,600) × 100
= 10%
