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AleksAgata [21]
3 years ago
14

You own an art supply store and the total sales in your trading area equal $17,500. your store accounts for $6,000 of the total.

in this scenario, $6,000 refers to your:
Business
1 answer:
ikadub [295]3 years ago
3 0
In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.
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Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c
geniusboy [140]

Answer:

NPV = -$78,318

Explanation:

cash flow 0 = -$310,000 - $190,000 = -$500,000

cash flow 1 = $125,000

cash flow 2 = $125,000

cash flow 3 = $125,000 - $58,000 = $67,000

cash flow 4 = $125,000 + $83,000 + $190,000 = $398,000

NPV = -$500,000 + $125,000/1.2 + $125,000/1.2² + $67,000/1.2³ + $398,000/1.2⁴ = -$78,318

7 0
3 years ago
The Business Auto Coverage Form covers all of the following, except:
bija089 [108]

Answer:

The Business Auto Coverage Form does not cover automatic coverage for physical damage to trailers.

The correct answer is C                      

Explanation:

Trailers used for business purposes may be covered by physical damage coverage but they are not covered by automatic coverage.

3 0
3 years ago
A scope limitation sufficient to preclude an unqualified opinion always will result when management:__________
vovikov84 [41]

Answer:

The answer is D.

Explanation:

A scope limitation in audit means circumstances hindering an auditor from carrying out his duties according to the audit procedure. A scope limitation can make an auditor issue a qualified opinion or a disclaimer of opinion depending on the materiality of the issue.

Back to the question, a scope limitation sufficient to preclude an unqualified opinion always will result when management refuses to provide a representation letter acknowledging its responsibility for the fair presentation of the financial statements in conformity with General Accepted Accounting Principle (GAAP)

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3 years ago
Consider a university that purchases replacement chairs for its classrooms. The purchasing manager knows that the annual demand
Ierofanga [76]

Answer:

b. $866

Explanation:

Annual demand from the question = D = $500

the ordering cost = S = $200

then the cost of carrying H = $15

we have to calculate the <em><u>economic order quantity</u></em>

<em><u>=</u></em><em><u> </u></em><em><u>sqr</u></em><em><u>(</u></em><em><u>2</u></em><em><u>*</u></em><em><u>D</u></em><em><u>*</u></em><em><u>S</u></em><em><u>)</u></em><em><u>/</u></em><em><u>H</u></em>

<em><u>=</u></em><em><u> </u></em><em><u>sqr</u></em><em><u>(</u></em><em><u>2</u></em><em><u> </u></em><em><u>x</u></em><em><u> </u></em><em><u>5</u></em><em><u>0</u></em><em><u>0</u></em><em><u> </u></em><em><u>x</u></em><em><u> </u></em><em><u>2</u></em><em><u>0</u></em><em><u>0</u></em><em><u>)</u></em><em><u>/</u></em><em><u>2</u></em><em><u>5</u></em>

<em><u>=</u></em><em><u> </u></em><em><u>sqr</u></em><em><u>(</u></em><em><u>1</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>.</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>)</u></em>

<em><u>this</u></em><em><u> </u></em><em><u>equals</u></em><em><u> </u></em><em><u>1</u></em><em><u>1</u></em><em><u>5</u></em><em><u>.</u></em><em><u>4</u></em><em><u>6</u></em><em><u>9</u></em>

<em><u>whi</u></em><em><u>ch</u></em><em><u> </u></em><em><u>is</u></em><em><u> </u></em><em><u>app</u></em><em><u>roximately</u></em><em><u> </u></em><em><u>1</u></em><em><u>1</u></em><em><u>5</u></em><em><u>.</u></em><em><u>5</u></em>

<em><u>next</u></em><em><u> </u></em><em><u>we</u></em><em><u> </u></em><em><u>have</u></em><em><u> </u></em><em><u>to</u></em><em><u> </u></em><em><u>calc</u></em><em><u>ulate</u></em><em><u> </u></em><em><u>inven</u></em><em><u>tory</u></em><em><u> </u></em><em><u>orderi</u></em><em><u>ng</u></em><em><u> </u></em><em><u>cost</u></em>

<em><u>=</u></em><em><u> </u></em><em><u>(</u></em><em><u>D</u></em><em><u> </u></em><em><u>*</u></em><em><u> </u></em><em><u>S</u></em><em><u>)</u></em><em><u>/</u></em><em><u>EOQ</u></em>

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I think the best way would be credit
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