Answer:
New Long term debt = $8000
Explanation:
The computation of the net new long term debt is given below:
Sales $750000
Less: Expenses:
COGS -$540,000
Selling expenses -$85,000
Depreciation -$190,000
Interest- $65,000
Total Expenses -$880,000
Net Loss -$130,000
Add: Non- cash expense ie. Depreciation +$190,000
Net Cash flow $60,000
Less: Cash Dividend declared -$68,000
New Long term debt = $8000
Answer:
$
Sales (2,500,000 x$0.10) 250,000
Less: Material cost(2,500,000 x $0.03) 75,000
Annual lease rental <u>70,000</u>
Profit <u>105,000</u>
Explanation:
Profit equals annual sales minus material cost minus annual lease rental. Since the annual sales volume are 2,500,000 gloves at a price of $0.10 per pair, the total sales value will be $250,000. Material costs $0.03 per pair, thus, the total material cost will be $0.03 x 2500,000 pairs. Annual lease rental of $70,000 is treated as a fixed cost.
Documents the agreement between a seller and a listing broker to cease selling a property and specifies the terms for doing so cancellation of Listing.
<h3>
Purchasing contract</h3>
A purchase agreement is a type of agreement that summarizes terms and conditions related to the sale of goods. As a legally binding contract between buyer and seller, the agreements commonly relate to buying and selling goods rather than services. They protect transactions for nearly any type of product.
<h3>What is the difference between sale and purchase agreement?</h3>
Before a transaction can happen, the buyer and the seller negotiate the price of the item to be sold and the term for the transaction. The SPA is a framework for the negotiation method.
To learn more about purchase agreement visit the link
brainly.com/question/10851096
#SPJ4
Answer:
At the point when you apply for credit, banks evaluate your credit risk in view of various elements, including your credit/instalment history, pay, and by and large monetary circumstance. Here is extra data to assist with making sense of these elements, otherwise called the "5 Cs", to assist you with a better comprehension of what loan specialists search for:
Record of loan repayment
Limit
Guarantee (while applying for got credits)
Capital
Conditions
The bank chief will see a wide range of resources for bringing down the gamble the bank will assume while conceding the credit. This security can comprise a few things, including the hardware you intend to buy or have close by, existing stock, or even private resources like a home.
So that was all about this question for further queries refer to:
brainly.com/question/16886902
Answer:
c) gain-sharing
Explanation:
Based on the scenario being described within the question it can be said that the team members were also compensated through a gain-sharing system. This term, also known as profit sharing, refers to an incentive plan that usually provides a direct or indirect payment to employees based on the company's profitability, usually in the form of shares of the company.