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anyanavicka [17]
3 years ago
12

Claremont Company specializes in selling refurbished copiers. During the month, the company sold 180 copiers at an average price

of $3,000 each. The budget for the month was to sell 175 copiers at an average price of $3,200. The expected total sales for 180 copiers were.
a.$540,000.

b.$576,000.

c.$525,000.

d.$560,000.

e.$550,000.
Business
1 answer:
Bess [88]3 years ago
4 0

Answer:

B

Explanation:

Since the average copier was sold $3000

Budgeted 175 copier was sold $3200

Therefore $3000+$3200= $6200

6200*180=$1116000

We subtract it from the 180*$3000=$54000

$1116000-$540000

=$576000

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ssume that interest rate parity exists. You expect that the one-year nominal interest rate in the U.S. is 7%, while the one-year
EleoNora [17]

Answer:

The answer is A. $5,784,000

Explanation:

[(1.08)/(1.11)] -1 = -3.6%

Thus one year forward rate is 0.60*[1 +(0.036)] = $5784

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8 0
3 years ago
Bantam company calculated its net income to be $38,775 based on the unadjusted trial balance. The following adjusting entries we
Goryan [66]

Answer:

the amount of net income or loss is $39,285

Explanation:

The computation of the amount of net income or loss is shown below:

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The same should be considered and relevant

5 0
3 years ago
The person responsible for having the shipping papers on a ship carrying hazardous cargo is the
stira [4]
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8 0
4 years ago
Fiona raised 2/7 of the money and Patrick raised 3/5 of the money. The rest of the money was raised by the rest of the group. Wh
Stels [109]

Answer:

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4 0
4 years ago
Read 2 more answers
Suppose you have $100 of endowment, and you are offered a chance to buy a lottery which costs $36. The lottery has 43% of chance
Yuliya22 [10]

Answer:

96.02

Explanation:

Lottery's Expected utility = \sqrt{100} = 10

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Income in bad state = 100 - 36 = 64

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12.65 = \sqrt{(64 + G )}

12.65^{2} = (\sqrt{(64 + G )})^{2}

160.0225 = 64 + G

G = 160.0225 - 64

G = 96.0225

G = 96.02

6 0
3 years ago
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