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slavikrds [6]
3 years ago
9

. Calculate the cost of the raw material (Gilden) purchases by month and in total, for the third quarter.

Business
1 answer:
snow_lady [41]3 years ago
7 0

Question attached

Answer and Explanation:

Please find attached

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Crane Company borrowed $750000 from BankTwo on January 1, 2019 in order to expand its mining capabilities. The 5-year note requi
Daniel [21]

Answer:

The interest expense of $59,463  must be recognize on its 2020 income statement.

Explanation:

With the given data make an amortization schedule

Hint : First determine the Future Value of the  5-year note

PV = $750,000

N = 5

Pmt = - $195,327

P/yr = 1

i = 9.5%

Fv = 0

<em>Input the elements in a Financial Calculator.</em>

2019

interest expense = $71,250

2020

interest expense = $59,463

Conclusion :

The interest expense of $59,463  must be recognize on its 2020 income statement.

7 0
3 years ago
Two major virtues of the market system are that it:
podryga [215]

The correct answer is allocates resources efficiently and allows economic freedom.

The market system of economics is one where economic decisions and the pricing of goods and services are guided solely by supply and demand and there is limited to no government interaction in the economy. Because of this, two major virtues of the market system are that it allocates resources efficiently and allows economic freedom.

4 0
3 years ago
Lorraine belongs to a national consumer panel created by a market research company. She regularly receives samples of new produc
kherson [118]

Answer:

A. premarket testing.

Explanation:

The pre market testing is when people from a certain business send products to people that are the target of that product to see if they would use it, continue to use it and how much would they be willing to pay for that product, this is done prior to the launch of the product, in order to get to know better the consumer and how they can improve their product, also to see if it is viable to start mass production and launch it into the market, so what Lorraine is doing is premarket testing.

5 0
3 years ago
Which of the following is a difference between flow shops and job shops? a. Unlike flow shops, job shops require little or no se
andrew11 [14]

The difference between flow shops and job shops is that unlike flow shops, job shops require frequent machine changeovers and delays.

<h3>What is a job shop?</h3>

The shops, which specialize and are involved in the manufacturing and production processes, which are typically medium-sized enterprise, and conduct different types of job after the completion of one, are job shops.  

Hence, option C holds true regarding a job shop.

Learn more about a job shop here:

brainly.com/question/15222686

#SPJ1

5 0
2 years ago
Sheridan Company sells merchandise on account for $6400 to Carla Vista Company with credit terms of 2/10, n/30. Block Company re
Aliun [14]

Answer: $4,508

Explanation:

Companies usually give discounts with credit terms to encourage Receivables to pay faster.

In this scenario, credit terms of 2/10, n/30 were offered which means that if Carla Vista Company pays within 10 days they get a discount of 2% but if they don't they should pay the full amount in 30 days.

They paid within the discount period meaning that they qualify for the discount of 2% but they however returned goods worth $1800.

So calculating for that would be,

= (6,400 - 1800) (1 - 0.02)

= $4,508

The amount of the check is $4,508

8 0
3 years ago
Read 2 more answers
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