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Sveta_85 [38]
3 years ago
15

What is the single equivalent discount rate of the trade discount 5/4/1?

Business
2 answers:
defon3 years ago
6 0
The correct answer is:  [C]:  " 0.09712 ".
___________________________________
Explanation:
___________________________________
First, find the complement of each discount rate;  then, multiply each complement. Subtract the final result from 100% .
__________________________________________
100% – 5 = 0.95 .

100% – 4 = 0.96 .

100% – 1 = 0.99 .

0.95 * 0.96 * 0.99 = 0.90288 .
_____________________________________________________
          1.0000 –  0.90288 = 0.09712 ; which is:  Answer choice:  [C] .
_____________________________________________________
vladimir2022 [97]3 years ago
4 0
The correct answer should be C. 09712
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Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses thi
vazorg [7]

Answer:

D) 3.48

Explanation:

Current Year Sales = $700

Growth rate = 15%

Projected Sales=$700*15% +$700

Which is $805

Required inventory = $30.2 + 0.25*projected sales

Req.Inv = $30.2 + 0.25($805)

Req.Inv = $231.45

Inventory turn over = projected sales/Req.inv

$805/$231.45

Inventory turn over = 3.48 times

8 0
3 years ago
At the beginning of the month, the baking department of Mario Company had no beginning work in process inventory. At the end of
Phantasy [73]

Answer:

600 Units

Explanation:

Given:

Opening balance of inventory = 0 units

Ending balance of the month = 800 units

Finished units during the month = 1,200 units

Completed work in progress = 75% = 0.75

Ending work in process inventory = ?

Computation of ending work in process inventory:

Ending work in process inventory = Ending balance of the month × Completed work in progress

= 800 × 0.75

= 600 units

6 0
3 years ago
An increase in which of the following will increase the return on equity, all else constant I. Total asset turnover. II. Net inc
Kryger [21]

Answer:

I and II only.

Explanation:

Return on equity (ROE) is an example of a profitability ratio.

Profitability ratios measures the ability of a company to earn profits from its assets.

ROE = Net income / Average total equity

If ROE increases, it means that net income increases more than average total equity

Total asset turnover = Revenue / average total assets

(Net Income/ Net profit margin) / Total Assets

All else remaining constant, if ROE increases, it means that revenue also increases more than average total asset

Since Net income is the numerator in ROE, it means it would also increase

Total asset and debt equity ratio is not a component of ROE, so the effect of ROE on them can't be determined

4 0
2 years ago
You purchase 150 shares for $70 a share ($10,500), and after a year the price rises to $80. Calculate the percentage return on y
Lyrx [107]

Answer:

57.14%

Explanation:

Missing word <em>"25 percent."</em>

<em />

Gain on the stock = (150*$80) - $10,500

Gain on the stock = $ 12,000 - $10,500

Gain on the stock = $1,500

If Margin requirement is 25%, The Margin = 10,500*25% = $2,625

Return on Investment = $1,500/$2,625 * 100 = 0.571429 * 100 = 57.1429% = 57.14%

6 0
3 years ago
According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.
diamong [38]

According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build. are called "Short-Term sales."

<h3>What is short term sales?</h3>

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

  • A stock that its an investor believes will lose value in the near future is sold short.
  • A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.
  • Because short sells restrict gains while amplifying losses, they are regarded as dangerous trading techniques.
  • Additionally, they come with regulatory hazards.
  • To be successful, short sales need to be timed almost perfectly.

To know more about short-term investment, here

brainly.com/question/7905571

#SPJ4

6 0
2 years ago
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