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3 years ago

In her study of real estate and inequality, graduate student shania looks for the "aspen effect." she is looking for:

1 answer:

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Aspen Effect is the outcome of increased economical inequality causing the middle class people to commute long distance for serving the socially wealthy people. In real state, Aspen denotes the wealthy communities and to meet their needs of service, people from service industry, most of them being middle class people and with low wage, travel back and forth. They commute long distance because the service provider simply cannot afford to live by renting or buying housing in the wealthy Aspen communities. Such long hours requirement of commute cause traffic congestion and other challenges. This effect was termed as Aspen Effect by the Cornell University Economics professor Robert H. Frank.

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JustDoIt Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the secon

PilotLPTM [1.2K]

Answer:

Option a= $193,000.

Explanation:

So, we are given the following parameters in the question above; 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month following sale. For the next four months, the Budgeted sales are; April budgeted sales= 120,000, May budgeted sales = $150,00, June budgeted sales = $230,000 and July budgeted sales = $170,000.

Therefore, The amount of cash that will be collected in July is budgeted to be:

(35% × 170,000) + (45% × 230,000) + (20% × 150,000).

= $193,000.

4 0

4 years ago

Read 2 more answers

Medlock Company sold inventory on credit for $3,000, terms 2/10, n/30. The cost of the merchandise to Medlock was $2,400. How mu

Finger [1]

Answer:

Medlock will receive $2,940

Explanation:

Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

According to given data

Sales = $3,000

As the payment is made within discount period, so discount will be availed

Discount = $3,000 x 2% = $60

Now deduct the discount from due balance to calculate the amount received.

Amount Received = $3,000 - $60 = $2,940

4 0

4 years ago

Programming languages used to create artificial intelligence and expert system applications are often called _____

SSSSS [86.1K]

<span>Programming languages used to create artificial intelligence and expert system applications are often called fifth generation languages. This programming language works by solving using the restrictions given to the program unlike the conventional method of using an algorithm developed by a programmer.</span>

8 0

3 years ago

Newton Company is considering the purchase of an asset that will provide a depreciation tax shield of $19,200 per year for 10 ye

kumpel [21]

Answer:

$480,000

Explanation:

The computation of the depreciable cost of the new asset is shown below:

Given that

Depreciation tax shield = $19,200

Tax rate= 40%

Now

Actual Depreciation for the year is

= $19,200 ÷ 40%

= $48,000

Now

Total Depreciation cost for 10 years is

= $48,000 × 10

= $480,000

6 0

3 years ago

Wesson Company sold 10,000 units of its only product in the first half of the year. If sales decrease by 15% in the second half

kipiarov [429]

Answer:

so here correct option is E Depreciation on equipment

Explanation:

given data

no of unit sold = 10000 units

sales decrease = 15%

solution

Depreciation on equipment cost will not change because

Depreciation on equipment is assumed to be fixed in nature

and it is not change with increase or decrease in sales

and all other cost given here is variable in nature and it depend upon sales or an production

so here correct option is E. Depreciation on equipment

8 0

4 years ago