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3 years ago

DeWitt Company sells a kitchen set for $345. To promote July 4, DeWitt ran the following advertisement:

Business

1 answer:

Triss [41]3 years ago

7 0

Answer:

$296.7

Explanation:

Since the first four hours the kitchen set will have a discount of 12 %, plus another 2 % for the last of each hour.

Ingrid bought it at the 1 hour and 25 min, that means that she could get 12 % for the first hour plus another 2 % because of th end of the first hour.

So it will be:

14 % (345) = $48.3

To the total price: $345 - $48.3 = $ 296.7

Hope this info was useful

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Candle in the Wind is a store for people who enjoy and collect candles to decorate their homes. Last year, its net sales totaled

melisa1 [442]

Answer:

$15,700

Explanation:

The computation of the net profit after taxes is shown below:

Sales revenue $125,000

Less: Cost of goods sold - -$42,300

Gross profit $82,700

Less: Operating expenses

One time part assistant $52,000

Administrative expenses $400

Utilities expenses $900

Total operating expenses -$53,300

Net Profit before tax $29,400

Less: income tax expense -$13,700

Net profit after tax $15,700

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4 years ago

Managerial accounting is different from financial accounting in that: Multiple Choice Managerial accounting is more focused on t

miss Akunina [59]

Answer: Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.

Explanation: Managerial accounting is the type of accounting under which the managers use the accounting estimates and make several assumptions to make decisions that can affect future results of business operations.

Under financial accounting recording, summarizing and presentation of data in a financial statement is done. It is used to keep track of the past transactions hence no assumptions are needed to make for important aspects.

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3 years ago

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves

WARRIOR [948]

Answer:

. $11.98

Explanation:

D1 = D0(1+g)

D0 = Last dividend

r = Required rate of retrun

g = Growth rate

Stock price formula = D1/(r-g)

Stock price = D0(1+g)/(r-g)

Stock price = 1*(1+0.054) / (0.142-0.054)

Stock price = 1.054 / 0.088

Stock price = 11.97727273

Stock price = $11.98

4 0

3 years ago

The gross earnings of the factory workers for Oriole Company during the month of January are $72,000. Of the total accumulated c

Alexxx [7]

Answer:

Wages Expense $72,000 (debit)

Wages Payable $72,000 (credit)

Work In Process : Direct Labor $60,480 (debit)

Work In Process : Direct Labor $11,520 (debit)

Wages Payable $72,000 (credit)

Explanation:

The factory labor cost is a manufacturing cost and is included in product valuation.

<u>(a)Record the factory labor costs</u>

Here we have to recognize the expense incurred during the period and the liability since settlement of amount owing to workers has not yet been made

Wages Expense $72,000 (debit)

Wages Payable $72,000 (credit)

<u>(b)Assign factory labor to production</u>

Here we accumulate the cost to the Work In Process of manufacture taking not of cost classification.

Work In Process : Direct Labor $60,480 (debit)

Work In Process : Direct Labor $11,520 (debit)

Wages Payable $72,000 (credit)

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4 years ago

In an enterprise-class database system, business users interact directly with the DBMS, which directly accesses the database dat

nikklg [1K]

Answer:

False

Explanation:

In an enterprise-class database system, business users can not interact directly with the DBMS, which directly accesses the database data

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3 years ago