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3 years ago

9

Mr. and Mrs. Yeager want to buy a home valued at $320,000. If they have 15% of this amount saved for a down payment, how much ha

ve they saved?

2 answers:

Masteriza [31]3 years ago

5 0

The will have saved 48,000

o-na [289]3 years ago

4 0

15% of 320 is 48, and then add the other three zeroes.

The answer is $48,000

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Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate

lorasvet [3.4K]

Answer:

45%

Explanation:

Annual material purchase $1,206,250

Material purchasing, handling and storage cart $241,250

Material purchasing, handling and storage % on 20%

material purchase ($241,250/$1,206,250*10)

Target profit margin 25%

Material markup per dollar of material used 45%

8 0

3 years ago

Amanda Green sold her property to Sally Fay. Amanda will retain title to the property until Sally has paid in full. What kind of

Lorico [155]

Answer: A land contract.

Explanation:

A land contract is a method of property sales where, the seller of the property, finances the sales of his property to the buyer, but keeps possession of the property until the buyer has completed payments on the property's purchase.

Land contract involves the buyer paying by installments for the property until full payment is made.

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3 years ago

Chaco Company’s trial was in balance at the end of the period and showed the following accounts: Accounts Payable 25,200 Cash 40

Alecsey [184]

Answer:

$92,400

Explanation:

Balance of the credit column on Chaco’s trial balance.

The Total credit column balance will be:

Accounts payable $25,200

Common Stock $21,200

Notes payable $46,000

We are going to add them up

Hence:

Total credit balance =

$25,200 + $21,200 + $46,000

Total credit balance = $92,400

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3 years ago

On January 1, 2020, Jacobs Company sells land financed through a $16,000 note, issued by Andress Company. The note is a $16,000,

Vlad [161]

Answer:

Note: <em>See attached picture for journal entry schedule for the question</em>

<em />

Fair Value of Land = -PV(I, N, PMT, FV, Type)

Fair Value of Land = -PV(8%, 2, 16000*4%, 16000, 0)

Fair Value of Land = -PV(8%,2,640,16000,0)

Fair Value of Land = $14,859

Journal Entry

Date Account tile and explanation Debit Credit

Jan. 1 Notes Receivable $16,000

To, Discount on Notes $1,141

To, Land $14,859

Dec. 31 Cash $640

Discount on Notes $549

To, Interest Revenue (14859*8%) $1,189

Dec. 31 Cash $640

Discount on Notes $593

To, Interest Revenue (14859+549)*8% $1,233

Dec. 31 Cash $16,000

To, Notes Receivable $16,000

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3 years ago

Describe the key stages in integrating total quality management into the strategy of an international petrochemical company

Julli [10]

Answer:

Total quality management (TQM) describes a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

Explanation:

If my answer is incorrect, pls correct me!

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3 years ago