All categories

3 years ago

Daniel ordered 64 cases of oil for his store. Each case had 254 bottes of oil. Thirty-

Business

1 answer:

AlekseyPX3 years ago

8 0

Answer:

$ 5,625

Explanation:

Each case contained 254 bottles

Costs per case

High grade: @$225

Lower grade-grade: @ $150

Daniel is paying for what arrived only. He received

19 case of high grade

9 cases of lower-grade

The amount that Daniel paid:

For high grade: = 19 x $225 = $ 4,275

For lower-grade = 9 x $150 = $ 1, 350

Total amount = $ 5,625

You might be interested in

Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately

sleet_krkn [62]

Answer:

the stock price has decreased in the same proportion as the dividend. 

Explanation:

Since we are told that the dividend yield remained the same, and the dividend decreased by 2.03%, we know that the price of the stock decreased by 2.03%.

= [($1.45 - $.148) / $1.48] x 100 = -2.03%

5 0

3 years ago

Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South Africa

Helen [10]

Answer:

Licensing is the correct answer.

Explanation:

Licensing is defined as a trade agreement between a company that gives another company authorization to manufacture its product by contract and payment of royalties for the use of the right to use the trademark.

Companies generally license: design, patents, trademarks, copyrights and others whose purpose is to assist in increasing profitability and expanding business.

Despite being a very profitable strategy worldwide, product licensing is not crucial to a company's success, despite the ease of marketing a product or brand already consolidated and valued by the consumer, it is necessary to ensure compliance in production processes. and focus on marketing and sales.

8 0

3 years ago

A stock listing contains the following information: P/E 17.5, closing price 33.10, dividend .80, YTD% chg 3.4, and net chg of -.

Mazyrski [523]

Answer:

B. I and III only

Explanation:

I. The stock price has increased by 3.4% during the current year.

YTD% chg 3.4% means share price change by the rate of 3.4%.

III. The earnings per share are approximately $1.89.

P/E ratio = 17.5

Closing price = $33.10

EPS = $33.10 / 17.5

= $1.89.

Therefore, The correct option is I and III only.

7 0

3 years ago

A property has a first mortgage of $200,000, a second mortgage of $50,000, and a third mortgage of $20,000. It is foreclosed and

Papessa [141]

234 with twelve chickens in a row of the other one

4 0

3 years ago

Karim Corp. requires a minimum $8,000 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid monthl

ElenaW [278]

Answer:

Karim Corp

Cash Budget

July August September

Cash inflows: $20,000 $26,000 $40,000

Cash outflows: ($28,000) ($30,000) ($22,000)

Monthly cash flow: ($8,000) ($4,000) $18,000

Monthly interests: $0 ($76) ($116.76)

Initial cash balance: $8,400 $8,000 $8,000

Ending cash balance: $400 $3,924 $25,883.24

Required bank loan: $7,600 $4,076 $0

Payment of bank loan: $0 $0 ($11,676)

Total $8,000 $8,000 $14,207.24

Explanation:

A cash budget is the estimation of the business's future cash flows including estimated revenues and expenses.

4 0

3 years ago