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Tpy6a [65]
4 years ago
13

To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? Select th

ree options.
Business
1 answer:
aleksley [76]4 years ago
7 0
Do i need or want it?
is it affordable and in my budget?
have i weighed out my other options and shopped around?
You might be interested in
At an activity level of 8,400 units in a month, Braughton Corporation’s total variable maintenance and repair cost is $697,284 a
Juli2301 [7.4K]

Answer:

$1,169,685

Explanation:

The total variable cost is dependent on the level of activities. Usually, it increases as the level of activities increases.

Given that at an activity level of 8,400 units in a month, Braughton Corporation’s total variable maintenance and repair cost is $697,284, at an activity level of 8,500,

the total variable maintenance and repair cost would be

= (8500/8400) × $697,284

= $705,585

Then, the total maintenance and repair cost, both fixed and variable, at an activity level of 8,500 units in a month

= $464,100 + $705,585  (Assuming

= $1,169,685

3 0
4 years ago
A monthly water bill (in dollars) is a linear function of the amount of water the hose uses (in hundreds of cubic feet, HCF) the
Lostsunrise [7]

Answer:

The monthly cost for 11 HCF would be $ 35.69.

Explanation:

Consider the linear function that represents the amount of water ( in dollars ) for x HCF of used water,

y = mx + c

Where, m is the slope of the function,

We have, m = 1.45,

So, the function would be,

y = 1.45x + c

If y = $ 44.39 and x = 17,

This implies,

            44.39 = 1.45(17) + c

            44.39 = 24.65 + c

44.39 - 24.65 = c

             19.74 = c

Thus, the required equation that shows the amount of water for x HCF of water is,

y = 1.45x + 19.74

For x = 11 HCF,

The amount of water for 11 HCF of water,

y = 1.45(11) + 19.74

y = 15.95 + 19.74

y = 35.69

Hence, the monthly cost for 11 HCF would be $ 35.69.

4 0
3 years ago
During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing. Tests
makkiz [27]

During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing both tests of controls and substantive tests.

<h3>What is audit ?</h3>

Audit is the checking or inspection of the account of the company in order to make sure a ll the transactions are recorded systematically and accurately. it is done to check the correctness of the accounts provided by the companies in the financial accounts.

During the auditing of financial statements, auditor provides helps to the Certified Public Accountant by performing both the test of control and substantive tests.

Learn more about Auditing here:

brainly.com/question/14652228

#SPJ1

4 0
2 years ago
James wants to take out a loan. He can afford to make monthly payments of 200 dollars and wants to pay the loan off after exactl
MA_775_DIABLO [31]

A  = $250000 * (1 + 0.06/12)^(12 * 1/6)  

≈ $252506.25

4 0
4 years ago
The process cost summary presents calculations of the cost of units completed during the reporting period, but does not present
algol13

The statement "The process cost summary presents calculations of the cost of units completed during the reporting period, but does not present any information about the ending goods in process inventory" is False

Explanation:

An overview of the cost of the process is a manufacturing report which shows the costs, generated units and the cost for production models of a department. This report, in other words, summaries all of the department or process ' manufacturing activities.

The specific production processes and related expenses must first be established to assess a cost of production in a process costing system. The total costs per process over the duration must be calculated by the amount of units produced during that time until processes and expenses are recognised.

4 0
4 years ago
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