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sergejj [24]
3 years ago
9

An online buying club requires an annual fee of $170 in order to qualify for a 19 percent discount on purchases. What amount wou

ld a person have to buy in order to save enough to cover the cost of the membership?
Business
1 answer:
krek1111 [17]3 years ago
3 0

Answer : The amount needed to spend to save $170 is, $32.3

Explanation :

As we are given that an online buying club requires an annual fee of $170 and a 19% discount on purchases.

Now we have to determine the amount needed to spend to save $170.

As, for every $100 the discount will be = $19

So, for every $170 the discount will be = \frac{\$ 170}{\$ 100}\times \$ 19

                                                                 = $32.3

Thus, the amount needed to spend to save $170 is, $32.3

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To partially eliminate the problems that are associated with the short-term focus of return on investment, residual income, and EVA, the performance of a division's major investments is commonly evaluated through (E) post audits.

<h3>What are post audits?</h3>
  • The post-audit procedure establishes a formal process (feedback) for assessing whether existing initiatives should be continued, extended, or discontinued.
  • That is, the post-audit gives useful information that can be used to fix problems before an investment's performance is jeopardized.
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Therefore, to partially eliminate the problems that are associated with the short-term focus of return on investment, residual income, and EVA, the performance of a division's major investments is commonly evaluated through (E) post audits.

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7 0
2 years ago
In conducting its SWOT analysis, a baseball team notes that most of its players are among the best in the world and that their c
mamaluj [8]

Answer:

A) Strengths

Explanation:

Having one of the best teams or a coach as the  distinguished major-league player is the strength of the TEAM. This is the internal and growing strengths  of the team players.This is a learning strength and can be used in every possible way to improve results or outputs. This is neither a weakness nor a threat.

Having the best players is the uniqueness of the team and having a coach as the  distinguished major-league player is the strong management of the team where expert handles training.

7 0
3 years ago
If the month-end bank statement shows a balance of $72,000, outstanding checks are $54,000, a deposit of $15,000 was in transit
barxatty [35]

Answer:

The correct answer was supposed to be $36,000 which is not in the given choices.

Explanation:

correct balance in the bank account

= As per bank statement balance - outstanding checks  + deposit in transit  + check erroneously charged  

= $72,000 - $54,000 + $15,000 +  $3,000

= $36,000

5 0
3 years ago
On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014. Naughton Ltd. does not
Sloan [31]

Answer:

There is no entry to be made on April 17, 2014

Explanation:

Following The accrual principle - an accounting concept that requires accounting transactions to be recorded in the time period in which they actually occur, rather than the period in which the cash flows related to them occur or the transaction are received.

On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014 and the delivery does not occur yet on that day. I should be occur in May 2014.

Therefore, there is no entry to be made on April 17, 2014. In May, when the company finish delivering, the entry would be made:

1. Debit Cash (or Accounts Receivable) $11,000

Credit Revenue $11,000

2. Debit Cost of goods sold  $7,500

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8 0
3 years ago
Alex, Kara, and Susie are the only three people in a community. Alex is willing to pay $20 for the fifth unit of a public good,
densk [106]

Answer:

a) $25 is the correct answer.

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Those are the only three people in the community. Susie is willing to pay $25 and everyone else is willing to pay less than that.

7 0
3 years ago
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