1. Who benefits when a customer purchases strawberries from a store?

A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has n

Natalija [7]

Answer:

6 salespersons

Explanation:

A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.

From the histogram:

The number of salespersons who sold 11 - 12 packages = 1

The number of salespersons who sold 13 - 14 packages = 2

The number of salespersons who sold 15 - 16 packages = 3

Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons

5 0

3 years ago

Read 2 more answers

You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of

NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962 invested for 11 years at 4.9% p.a

FV = ? P=37,599.81, n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0

3 years ago

On January 1, 2017, Sophie's Sunlounge owned 4 tanning beds valued at $20,000. During 2017, Sophie's bought 3 new beds at a

Natali5045456 [20]

Answer:

Net Investment = 4,000

Explanation:

Gross Investment = 10,000

Depreciation = Market Value - Book value

Depreciation =26,000 - 20,000

Depreciation = 6,000

Net Investment = Gross Investment - Depreciation

Net Investment = 10,000 - 6,000

Net Investment = 4,000

NOTE: Gross investment for 2017 will be the 3 new beds that Sophie bought during 2017 at a total cost of 10,000. To calculate Net investment we should calculate depreciation first by deducting book value from market value.

4 0

3 years ago

PB13.

Nat2105 [25]

Answer:

Submarine Company

Income statement under absorption costing

$ $

Sales (1,800 units x $150) 270,000

Less: Full cost:

Direct material (2,000 units x $40) 80,000

Direct labour (2,000 units x $50) 100,000

Variable overhead (2,000 units x $10) 20,000

Fixed overhead (2,000 units x $20) 40,000

240,000

Less: Closing stock (200 units x $120) 24,000 216,000

Gross profit 54,000

Less: Selling and administrative expenses:

Variable selling and administrative 36,000

Fixed selling and administrative expenses 15,000 51,000

Net profit 3,000

Submarine Company

Income statement using marginal costing

$ $

Sales (1,800 units x $150) 270,000

Less: Variable costs:

Direct material (2,000 units x $40) 80,000

Direct labour (2,000 units x $50) 100,000

Variable overhead (2,000 units x $10) 20,000

200,000

Less: Closing stock (200 units x $100) 20,000

180,000

Add: Variable selling and administrative 36,000 216,000

Contribution 54,000

Less: Fixed cost:

Fixed production cost 40,000

Fixed selling and administrative expenses 15,000 55,000

Net loss  (1,000) 

Profit reconciliation statement

Closing stock Net profit/loss

$ $

Absorption costing 24,000 3,000

Less: Marginal costing 20,000 (1,000)

Difference 4,000   4,000

The difference of $4,000 in net profit is as a result of $4,000 difference in closing inventory.

Explanation:

In marginal costing, variable costs are deducted from sales in order to obtain the contribution margin. Net profit is calculated by deducting fixed costs from the contribution margin. Closing stock is valued at marginal cost per unit in marginal costing. Closing stock is the difference between production units and sales units. Marginal cost is the sum total of all variable costs.

In absorption costing, full costs are deducted from sales in order to obtain the gross profit. Net profit is the difference between gross profit and selling and administrative expenses. Closing stock is valued at full cost in absorption costing. Full cost is the aggregate of variable costs per unit and fixed costs per unit.

3 0

3 years ago

Wind Power Systems has semi-annual bonds outstanding with a 5 percent coupon that will mature in 20 years. The face amount of ea

Mashcka [7]

Answer:

the pre tax cost of debt is 3.98%

Explanation:

The computation of the pre tax cost of debt is shown below;

Pre tax cost of debt is

= (Annual interest + (par value - market price) ÷ (number of years) ÷ (par value + market price) ÷ 2

= (0.05) + ($1,000 - $1,140) ÷ (20) ÷ ($1,000 + $1,140) ÷ 2

= 3.98%

Hence, the pre tax cost of debt is 3.98%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0

3 years ago