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Shalnov [3]
3 years ago
6

If a $1000 computer is marked off 35%, what is the sale price?. A). $300. Eliminate. B). $350. C). $650. D). $1350

Business
2 answers:
Thepotemich [5.8K]3 years ago
8 0
C
1000 * 0.35 = 350
1000 - 350 = $650
Schach [20]3 years ago
7 0
To solve this question all you would need do is multiply the price of the computer which is $1000 to the percentage of which it is discounted by - 35%. Then subtract the 2 values together to find the sale price.

$1000 • 35%
$1000 • 0.35
$350.

$1000 - $350 = $650.

The sale price of the computer is C. $650
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6 0
3 years ago
Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u
Travka [436]

Answer:

Budgeted overhead= $283,400

Explanation:

Giving the following information:

Production:

October= 192,000

variable overhead is applied at a rate of $0.70 per unit of production.

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To calculate the budgeted overhead, we need to determine the total variable overhead for the month:

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6 0
2 years ago
Which of the following is a true statement about inventory systems?A)Periodic inventory systems require more detailed inventory
balu736 [363]

Answer:

B)Perpetual inventory systems require more detailed inventory records.

Explanation:

Under the <em><u>Perpetual inventory system</u></em>, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.

Many times it varies because different units in inventory were purchased at different prices and times. <em>Inflation </em>might be a factor the prices changes too.

However, in the <u><em>Periodic inventory system</em></u>, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the <em>Inventory</em> account at the end of the year to know COGS.

7 0
3 years ago
Floyd Industries stock has a beta of 1.20. The company just paid a dividend of $.50, and the dividends are expected to grow at 6
Elanso [62]

Answer:

a. 6.7%

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Explanation:

a. DDM

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Return on equity = [ Dividend x ( 1 + growth rate ) / Price of stock ] + Growth Rate

Return on equity = [ $0.5 x ( 1 + 6% ) / $76 ] + 6%

Return on equity = [ $0.5 x ( 1.06 ) / $76 ] + 0.06

Return on equity = 6.7%

b. SML

Security Market line method uses calculates the cost of capital using following formula

Re  =  R f  +  β   (  Rm  −  R f  )

Rf = Risk free rate

β = stock beta

Rm = Market rate

Re =Expected rate

Re = 5.9% + 1.20 ( 11% - 5.9% )

Re = 12.02%

5 0
3 years ago
Younes Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air conditi
sashaice [31]

Answer:

Contribution margin= $169

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total unitary variable cost= $51

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8 0
2 years ago
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