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uysha [10]
3 years ago
6

Cameroon Corp. manufactures and sells electric staplers for $16 each. If 10,000 units were sold in December, and management fore

casts 4% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:Multiple Choice$179,978$166,400$173,056$160,000$187,177
Business
1 answer:
bearhunter [10]3 years ago
4 0

Answer:

February sales = $173,056

Explanation:

units sold x sales price = sales revenue

10,000 x 16 = 160,000

Then we will apply the growth rate like compounding interest, because the growth accumulated over time:

December\:Sales * (1+ growth)^{time} = February\:Sales

time will be how many months past from December to February.

160,000* (1.04)^{2} = February\:Sales

February sales = 173056

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the government removes a $4 tax on buyers of restaurant meals and imposes the same $4 tax on sellers of restaurant meals, then t
lesya692 [45]

Answer:

(B)

Explanation:

The price paid by buyers will not change, and the price received by sellers will not change because;

First,

Buyers paid 4$ tax before, later government removes or substracts -$4 tax away causing tax on meal purchased by buyers = $0.

Second,

Prior to removal of the tax on buyers of meals, sellers would have likely included this cost $4 into their cost of meals to buyers.

Now buyers are not imposed tax but the sellers are. Sellers would include this cost into the cost of meals, which is then transferred to buyers.

The equation would look this way;

Cost +$4 tax - $4 tax= + $4

The same cost would apply.

4 0
3 years ago
What financial behaviors will typically lead to a low credit score?
levacccp [35]
The behavior that will typically lead to low credit score is <span>A. Maxed out credit cards
When people maxed out their credit cards, the credit card company will most likely to make additional charges before the balance is paid out. Maxed out credt cards would be interpreted as having uncontrollable consuming behavior and will result in low-credit card score.</span>
5 0
3 years ago
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Aleks [24]

Answer:

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7 0
3 years ago
ABO purchased a truck at the beginning of 2018 for
valentina_108 [34]

Answer:

B. Debit Loss $5,000.

Explanation:

depreciation per year under straigh-line method:

\frac{cost- salvage}{useful \: life}

\frac{140,000 - 20,000}{6}

depreciation per year: 20,000

book value at 2019 year-end:

140,000 - 20,000 x 2 = 100,000

disposal value:                95,000

loss for                               5,000

loss at diposal:                      5,000  debit

cash                                      95,000 debit

accumulated depreciation  40,000 debit

                truck                                       140,000 credit

3 0
3 years ago
_____________ include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual.
jeka57 [31]

Answer:

<u>Business ethics.</u>

Explanation:

Business ethics is the set of ethical and moral principles that exist in an organization to regulate its activities, actions and decisions that occur in the organization. The set of ethical values ​​is directly determined by the organizational culture, and should be shared with all employees and organizational levels, as it is the business conduct of the company.

When well-established, corporate ethics ensure and motivate positive behavior, enhance a company's reputation and ensure its safety in the marketplace.

7 0
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