Answer:
$36,230
Explanation:
Month 1 Month 2 Month 3 Month 4
60,000 70,000 50,000 30,000
Calculation for receipts in Month 4:
9000 30% cash in the same month(30000*30%)
12600 60% credit in the same month
(30000*70%*60%
8750 25% in month following sales
(50000*70%*25%)
<u>5880</u> 12% second month following sales
(70000*70%*12%)
<em>36,230</em>
<em></em>
<em>I hope I made myself clear buddy.</em>
<em>Best of Luck.</em>
Answer:
Choose CareCo.
Explanation:
Given : CareCo offers a generous health insurance package to all employees. ApathyInc pays slightly higher wages than CareCo, but does not offer health insurance.
A person who is unhealthy & expects to have high healthcare expenses : would have issues having direct health insurance from an insurer, based on high risk evaluation. Even if by chance, he/ she gets, it will be at extremely high price i.e premium rates & is likely to have less coverage. So, the person rationally would prefer to protect himself / herself from this huge health expenditure risk, & would protect self & family from catastrophic health costs. He / she would do so by choosing to work for Care Co, which gives generous health insurance to all its employees, by sacrifising higher salary by Apathy giving no health insurance. He/ she is logical as the wage differential is likely to be less than catastrophic health costs
Answer:
$35,660
Explanation:
the depreciable value of the vehicle = $47,550 - $4,500 = $43,050
depreciation expense per mile driven = $43,050 / 105,000 miles = $0.41
depreciation expense 2019 = $0.41 x 10,500 = $4,305
depreciation expense 2020 = $0.41 x 18,500 = $7,585
accumulated depreciation = $11,890
book value = $47,550 - $11,890 = $35,660
Answer:
sentence C and D
Explanation:
choose both sentences!!
"Distributors facilitate the logistics function of storing goods at a suitable location until they can be dispatched. They also finance the sale at times, which implies that they provide credit to retailers."
Answer: variable budget
Explanation: In simple words, variable budget refers to the budget statement which shows how much different costs would vary if the level of activity as per standards set increases or decreases.
These are also called flexible budget and are made on the basis of current level of output. These budgets provides flexibility to the management with respect to both best case and worst case scenarios.
From the above we can conclude that the correct answer is variable budget.