That happens during a bull market
Answer:
The answer is option (c), no he will not pass because he is running 4.8 miles in 35 minutes
Explanation:
This can be expressed as;
Speed=Distance/Time
where;
Distance to be covered=5 kilometers
Time=35 minutes
replacing;
speed=(5/35)=0.143 km/min
In order to pass the fitness test his speed has to be greater than 0.143 km/min
Determine if 3 miles per 35 minutes is greater than 0.143 km/min
I mile=1.6 kilometers
How many kilometers make 3 miles,
Jimmy runs=(3×1.6)=4.8 kilometers in 35 minutes
Speed=4.8/35=0.137 kilometers/minute
Speed jimmy runs (0.137 km/min)<the pace he needs to run to pass fitness test(0.143 km/min)
The answer is option (c), no he will not pass because he is running 4.8 miles in 35 minutes
Answer:
the sales in dollars sell to generate the target income is $183,334
Explanation:
The computation of the sales in dollars sell to generate the target income is shown below:
= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling price
= ($25,000 + $66,667) ÷ ($30 - $20) ÷ $20
= $91,667 ÷ 50%
= $183,334
Hence, the sales in dollars sell to generate the target income is $183,334
Answer:
Purchases= $330,000
Explanation:
Giving the following information:
Sales:
August $540,000
September $580,000
Abet's cost of goods sold is 60% of sales dollars.
Abet wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold.
<u>To calculate the purchases for August, we need to use the following formula:</u>
Purchases= sales + desired ending inventory - beginning inventory
Purchases= (540,000*0.6) + (580,000*0.6)*0.25 - (540,000*0.6)*0.25
Purchases= 324,000 + 87,000 - 81,000
Purchases= $330,000
Answer:
The balance in ABC's Prepaid insurance-account as on Dec 31, 2018 is <em>$27,000</em>
Explanation:
Liability policy = ($54,000 / 18) × 6 months
Liability policy = $18,000
Crop damage policy = ($18,000 x 12 / 24)
Crop damage policy = $9,000
ABC's Prepaid insurance-account balance as on Dec 31, 2018 = $27,000
Thus,
Total Liability insurance period = 18
Now,
Expired period period - 12 months ( Jan 1, 2016 to Dec 31, 2016 )
Unexpired period = (18 - 12) months = 6 months