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KatRina [158]
3 years ago
5

Reiko started a business selling home medical supplies. She spent $5200 to obtain her merchandise, and it costs her $550 per wee

k for general expenses. She earns $900 per week in sales. What is the minimum number of weeks it will take for Reiko to make a profit?
Business
1 answer:
ratelena [41]3 years ago
7 0

Answer:

it will take around 15 weeks to for Reiko to make a profit

Explanation:

Given:

Amount spent to obtain merchandise = $5,200

Cost of general expenses = $550

Earnings from sales per week = $900

Now,

Let 'x' be the number of weeks taken to make profit

thus,

Total cost involved = $5,200 + ( $550 × x )

Total profit from sales = $900 × x

for making profit

$900 × x ≥ $5,200 + ( $550 × x )

or

350x ≥ 5,200

or

x ≥ 14.85 weeks

thus,

it will take around 15 weeks to for Reiko to make a profit

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Answer:

$142,083

Explanation:

Current asset = Accounts receivable + Cash + Inventory + Marketable securities + Prepaid expenses = 70,256 + 16,928 + 73,062 + 36,421 + 2,512 = $199,179

Current liabilities = Accounts payable + Accrued liabilities + Notes payable (short-term) = 29,317 + 6,298 + 21,481 = $57,096

Working capital = Current assets - Current liabilities = 199,179  - 57,096  = $142,083

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3 years ago
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Bank reconciliations are normally prepared on a monthly basis to identify adjustments needed in the depositor's records and to i
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Answer:

B.

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3 years ago
Twenty years ago, you won a state lottery, and you received $15,000 at the end of each of the next 10 years, and $20,000 at the
oksian1 [2.3K]

The value of the amount won at the lottery at the end of 20 years is  $723,672.24.

<h3>What is the value at the end of 20 years?
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The formula for calculating future value of annuities is: yearly amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

  • r  = interest rate
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Annuity factor for the first ten years = [(1.09^10) - 1] / 0.09 = 15.19293

15.19293 x $15,000 = $227,893.95

Annuity factor for the last 5 years = [(1.09^5) - 1] / 0.09 = 5.9847

5.9847 x 20,000 = $119,694.21

Future value of the lump sum of  $227,893.95 in 10 years =  $227,893.95 x (1.09^10) = 539,507.86

Future value of the lump sum of $119,694.21 in 5 years = $119,694.21 x (1.09^5) = $184,164.38

Value in year 20 =  $184,164.38 +  539,507.86 = $723,672.24

To learn more about annual annuities, please check: brainly.com/question/24108530

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2 years ago
If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are:
lys-0071 [83]

Answer:

Recognized as revenues in the debt service fund.

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Debt Service fund is a term that is used to describes a form of cash reserve utilized in the payment of interest and principal on specific kinds of debt for a given period. For example, bond premiums are commonly imposed by state law to be moved to debt service funds.

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3 years ago
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vovikov84 [41]

Answer:

b. rotation

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