Answer:
$38,400
Explanation:
<em>1. Cash Purchases:</em>
The total purchases in the month of March is of $35,000.
It is given that 70% of Purchases are for cash.
Hence, 70% of $35,000 would be;
$39,000 x 0.70
$27,300
<em>2. Credit Purchases:
</em>
Remaining Balance of Purchases from the month of February:
For the month of February Cash Purchases can be calculated as follows;
$37,000 x 0.70
$25,900
Remaining Balance to be paid in March for the month of February can be calculated as follows;
$37,000 - $25,900
$11,100
<em>3. CASH PAYMENT for PURCHASES in MARCH:</em>
Cash Purchases = $27,300
Credit Purchases = $11,100
Hence;
<em>Cash Payment for purchases in March = Cash Purchases + Credit Purchases
</em>
Cash Payment for purchases in March = $27,300 + $11,100
Cash Payment for purchases in March = $38,400
Answer:
A. ceases to exist unless sold or taken over by Yoshi's heirs.
Explanation:
A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.
One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.
I hope my answer helps you.
Answer:
Sell option is preferred.
Explanation:
The decision whether to lease out the machinery that is surplus to requirement or sell outrightly is dependent on the differential analysis performed below.In the analysis I have compared the profits under each option in order to guide the final decision:
Differential analysis as at 7th November(Sale or lease option)
Sell option lease option
revenue from sell/lease option $180,000 $200,000
Brokerage commission(5%*$180,000) ($9,000) -
costs of repairs,insurance and property taxes - ($34,400)
Profits $171,000 $165,600
The sell option provides $5400($171,000-$165,600) than the lease option,hence the sell option is preferred.
One would have expect that the lease option since it has more revenue to preferable but the costs of repairs,insurance and property taxes were also on the high side
Answer:
Network externality is the correct answer.
Explanation:
Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.