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3 years ago

Which of the purchases is more likely to be paid for with a credit card?

Business

2 answers:

Andru [333]3 years ago

8 0

Probably something with a huge value

alexdok [17]3 years ago

4 0

Answer:

Engine Repair

Explanation:

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Carla Vista Corp. has total current assets of $11,420,000, current liabilities of $4,354,000, and a quick ratio of 0.99. How muc

amid [387]

Answer:

Carla Vista Corp. has Inventory of $7,109,540

Explanation:

Carla Vista Corp. has current liabilities of $4,354,000, and a quick ratio of 0.99

The quick ratio is calculated by the following formula:

Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities

(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities = $4,354,000 x 0.99 = $4,310,460

Total current assets = (Cash & equivalents + Short Term investments + Accounts receivable) + Inventory

Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $11,420,000 - $4,310,460 = $7,109,540

3 0

3 years ago

Charlotte's Crochet Shoppe has 10,700 shares of common stock outstanding at a price per share of $63 and a rate of return of 11.

Katarina [22]

Answer:

a. 8.79%

Explanation:

WACC = Weight of debt * Pretax cost * (1 - Tax) + Weight of Equity * Cost of Equity

Value of Equity = 10,700 * $63 = $674,100

Value of debt = 320 * $1000 * 93.6% = $299,520

Weight of Debt = $299,520/($299,520 + $674,000) = 30.76%

Weight of Equity = $674,000/($299,520 + $674,000) = 69.24%

WACC = 30.76% * 5.89% * (1 - 40%) + 69.24% * 11.13%

WACC = 30.76% * 5.89% * 0.60 + 69.24% * 11.13%

WACC = 0.010870584 + 0.07706412

WACC = 0.087934704

WACC = 8.79%

5 0

2 years ago

Suppose that Tony Hsieh noticed that Zappos’s customers were no longer willing tov pay full retail prices on shoes. What actions

natta225 [31]

Answer:

1. Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency.

2. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive.

3. Creating a challenging and interactive environment for everyone.

4. Inspiring everyone to do their best and let them know that they will certainly be rewarded.

Explanation:

Giving employers the right and the necessary tools they need to make good business decisions that can improve the company's efficiency. Reward outstanding achievements and encourage everyone to think outside the box as well as being productive. Creating a challenging and interactive environment for everyone. Inspiring everyone to do their best and let them know that they will certainly be rewarded.

3 0

3 years ago

Which is an advantage corporations enjoy over partnerships?

Trava [24]

<span>The owners of a corporation don't have to work together to make all of the business decisions.

</span>An advantage of corporations enjoy over partnerships is that the owners of a corporation don't have to work together to make all of the business decisions, while this is true for partnership. Partnership<span> generally has more money to invest in starting or expanding a business.</span>

3 0

3 years ago

The gross earnings of factory workers for Dinkel Company during the month of January are $400,000. The employer's payroll taxes

kari74 [83]

Answer:Please see answers in explanation column

Explanation:

a) Journal to record factory labor cost

Account titles and explanation Debit Credit

Factory Labor $480,000

Factory wages payable $400,000

Employer payroll taxes payable $80,000

Factory Labor=Factory wages payable+Employer payroll taxes payable

= $400,000 + $80,000 =$480,000

b) Journal to transfer factory labour to production

Account titles and explanation Debit Credit

Work in process inventory(480,000 x 75%) $360,000

Manufacturing Overhead(480,000 x 25%) $120,000

Factory Labor $480,000

3 0

3 years ago