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Paladinen [302]
3 years ago
13

Davis's child attends a school operated by the church the family attends. Davis made a donation of $1,000 to the church in lieu

of the normal registration fee of $200. In addition, Davis paid the regular tuition of $6,000 to the school. Based on this information, what is Davis's charitable contribution?a. $7,000b. $0c. $6,800d. $1,000e. $800
Business
1 answer:
dezoksy [38]3 years ago
6 0

Answer:

$800

Explanation:

In math problems, they try to trick you with using unnecessary information. The info on the school tuition does not matter. He donated $1000, but he needed to pay $200 for the registration fee,

so

$1000

- $800

______

$200

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Your company is about to undertake a major investment project. The project will require an initial outlay of $100 million for fi
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Answer:

A) initial outlay = $150 million

Cash flow year 1 = [($30 - $25) x 0.6] + $25 = $28

Cash flow year 2 = [($30 - $25) x 0.6] + $25 = $28

Cash flow year 3 = [($30 - $25) x 0.6] + $25 = $28

Cash flow year 4 = [($30 - $25) x 0.6] + $25 + ($25 x 60%) + $50 = $93

B) Using a financial calculator, NPV = -$16.85 million

C) cash flow year 4 should increase by $24.667 million, meaning that the selling price must increase by $$24.667/0.6 = $41.11 million

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7 0
3 years ago
as discussed in your reading material,the word nature in the "nature versus nurture" argument refers mainly to
slega [8]
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6 0
3 years ago
g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with res
Temka [501]

Answer:

1,140 units

Explanation:

Note : The question requires us to use the weighted-average method. This method focuses on equivalent units of completed units and units still in process only.

Step 1 : Determine units completed and transferred

Units Completed = Beginning units + Units Started - Ending units

                              = 200 + 1,000 - 100

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Step 2 : Calculate equivalent units of production with respect to conversion costs

Completed and transferred (1,100 x 100%)         1,100

Ending units (100 x 40%)                                         40

Total equivalent units of conversion costs         1,140

thus,

the equivalent units of productions for the period (using the weighted-average method) for conversion is 1,140 units.

7 0
2 years ago
Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor
patriot [66]

Answer:

The contribution margin per unit is $5.1

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The contribution margin per unit is the amount from selling price per unit after deducting all the related variable costs per unit. This is the amount that each product contributes towards covering the fixed costs.

<u />

<u />

<u>Contribution margin per unit:</u>

Selling price per unit                              18.7

<u>Less : Variable cost per unit</u>

Direct material                                       (7.05)

Direct labor                                             (3.5)

Variable manufacturing Overhead       (1.65)

Sales commission                                  (1.00)

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Contribution margin per unit                  5.1

3 0
3 years ago
You place $4,000.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in an account with an interest ra
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The $4000 with an APR of 5.25%.

<h3>What is APR?</h3>

The term annual percentage rate of charge, sometimes referred to as a nominal APR and sometimes referred to as an effective APR, refers to the interest rate for the entire year, rather than just a monthly fee/rate, as applied to a loan, mortgage loan, credit card, and so on. It is a finance charge calculated on an annual basis.

A good credit card APR is 14% or less. That's lower than the average credit card APR and comparable to the rates charged by credit cards for people with excellent credit, which typically have the lowest regular APRs. A great credit card APR, on the other hand, is 0%.

To know more about  APR follow the link:

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