Ask question

Ask question

All categories

3 years ago

12

The original cost of a product is 75$. Inflation for the first year is 8 percent; for the second year, inflation is 10 percent.

What is the cost of the product at the end of the second year?

1 answer:

jonny [76]3 years ago

4 0

Answer:

Answer 25 questions from an A,B

Explanation:

You might be interested in

Keyser Beverage Company reported the following items in the most recent year.

sladkih [1.3K]

Answer:

Net cash provided by operating activities = $49,730

Net change in cash during the year = $56,750

Explanation:

CASH FLOWS FROM OPERATING ACTIVITIES $

Net Income 43,490

<em>Adjustments to reconcile net income to </em>

<em>net cash provided by operating activities: </em>

Depreciation on Fixed Assets 7,970

<em>(Increase) Decrease in Current Assets: </em>

Accounts Receivables (10,700)

<em>Increase (Decrease) in Current Liabilities: </em>

Accounts Payable 8,970

NET CASH PROVIDED BY OPERATING ACTIVITIES 49,730

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Equipment (9,000)

NET CASH USED IN INVESTING ACTIVITIES (9,000)

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Cash Dividends (5,480)

Issue of notes payable 21,500

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES 16,020

NET INCREASE (DECREASE) IN CASH 56,750

3 0

3 years ago

You could borrow money from friends and family who would like to invest in your business, or you could offer them ________. equi

kolezko [41]

The answer is equity.

4 0

3 years ago

When you visit the executive assistant to request important changes to a spreadsheet, he is hard at work, e-mailing clients. The

valkas [14]

Answer:

he values your time

Explanation:

In this specific scenario, the executive assistant is expressing nonverbally that he values your time. This is expressed by him stopping what he was doing in order to pay attention to what you have to say to him when you enter the room. Since the work that he is doing (e-mailing clients) is incredibly important, the simple act of him stopping shows that your time is more important to him.

6 0

3 years ago

Blue Co. has a patent on a communication process. The company has amortized the patent on a straight-line basis since 2014, when

raketka [301]

Answer:

Appropriate patent amortization expense = $10 million

Explanation:

As per the data given in the question,

Annual amortization expense = Cost ÷ Time

= $36 ÷ 9

= $4 million

Year 2018 Amortization Expense 4 Years = $4 million × 4

= $16 million

Unamortized cost = $36 million - $16 million

= $20 million

Year 2018 Amortization expense 4 years = $20 million ÷ 2

= $10 million

7 0

3 years ago

A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees

sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0

3 years ago