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Oxana [17]
3 years ago
6

Tgif. chris and terry have been trying to live within their budget but miss going out to dinner on friday nights. they decide no

t to spend any nickels or quarters they receive as change for a month and save these in a jar. at the end of the second week they have a total of 165 coins in the jar. the value of the coins totals $23.25. how many nickels are in the jar? choose the correct answer.
Business
1 answer:
Nikitich [7]3 years ago
6 0

45 quarters +120 dimes  = 165 coins

45(.25) + 120(.05) =

11.25 +  + 12.00 = 23.25

There are 45 quarters and 120 dimes.

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Presented below is the stockholders' equity section of Oaks Corporation at December 31, 2012:
diamong [38]

Answer:

a. $1,765,000

Explanation:

Total stockholder’s equity on December 31, 2013  =  Total equity at end 2012 – amount paid for 3,000 shares were reacquired at $28 per share – amount paid for 3,000 shares were reacquired at $35 per share + amount collect from 1,800 shares of treasury stock were sold at $30 per share + net income of $450,000

=  $1,450,000 – 3,000 * $28 – 3,000 * $35 + 1,8000 *$30 + $450,000 = $1,765,000

4 0
3 years ago
A foreign company (whose sales will not affect cornish's market) offers to buy 3,000 units at $17.00 per unit. in addition to va
Marianna [84]

Trescott company had the following results of operations for the past year:

Sales (20,000 units at $22) $440,000

Direct materials and direct labor $200,000

Overhead (40% variable) 100,000

Selling and Administrative expenses (all fixed) 92,000 (392,000)

Operating income $ 48,000

A foreign company (whose sales will not affect Trescott's market) offers to buy 3,000 units at $17.00 per unit. In addition to the variable manufacturing costs, selling these units would increase fixed overhead by $500 and selling and administrative costs by $1,000. If Trescott accepts the offer, its profits will increase (decrease) by:

Answer : If Cornish accepts this order, its profits will increase by $13,500.

<u>Calculation of Variable Costs per unit :</u>

Direct Material and labor per unit = Total Direct Material and labor / No. of units sold

Direct Material and labor per unit =200000/20000 = $10

Variable Overhead per unit = Total Variable Overhead / No. of units sold

Variable Overhead per unit = (100000*0.4)/20000 = $2

Variable Cost per unit = $12 (Direct Material and labor per unit + Variable Overhead per unit)

Selling price of new order = $17 per unit

No. of units = 3,000

Increase in Fixed Costs = Inc in fixed overhead + inc in S&A Expenses

Increase in Fixed Costs = $1500 (500 + 1000)

Total Cost of new order = (Variable Cost per unit * No. of units) + Increased Fixed Cost

Total Cost of new order = (12*3000) + 1500 = $37,500

Total Revenues from new order = Selling price per unit * No. of units sold

Total Revenues = $51,000 (17 *3,000)

Profit from new order = Total Revenues from new order - Total Cost of new order

Profit from new order = 51000 - 37500 = $13,500

6 0
3 years ago
Using these data from the comparative balance sheet of K. Leen Company, perform vertical analysis.
iogann1982 [59]

Answer and Explanation:

The vertical analysis is presented below:

Comparative Balance Sheet

<u>Particulars Dec 31, 2020      Percentage    Dec 31, 2019            Percentage </u>

(a)                      [(a) ÷ $3200000] × 100 (b)   [(b) ÷ $3000000] ×100

Accounts

receivables $400,000            12.5%             $400,000                  13.3%

Inventory        $864,000             27.0%           $600,000                   20.0%

Total Assets  $3,200,000          100.0%           $3,000,000              100.0%

4 0
2 years ago
1. In what ways do you think the debt of your country influences the life of ordinary citizens? 2. Discuss with reference to a n
inn [45]

higher debt crowds out investment in capital goods and thereby reduces output relative to what would otherwise occur

<h3>What is debt ?</h3>

Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.

Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.

Debt refers to the amount of money that must be repaid, whereas financing refers to the provision of funds for use in commercial activities.

To know more about debt follow the link:

brainly.com/question/1957305

#SPJ4

5 0
1 year ago
"Economists warn of an economic downturn. Investments and lending have risen as prices have skyrocketed. Unemployment is up as b
kipiarov [429]
For me, the incorrect passage would be "Investments and lending have risen". In an economic downturn, investors are reluctant to put money on a market that is experiencing losses. 

Economists warn of an economic downturn. Prices have skyrocketed. Unemployment is up as businesses move up to reduce <span>costs. The Fed considers lowering discount rates and reserve requirements to increase monetary circulation.</span>



8 0
3 years ago
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