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mario62 [17]
3 years ago
12

A private, not-for-profit hospital received a donation of medicine from the XYZ Pharmaceutical Company on March 15, 20X9. The co

st of the medicine to the company was $66,000, and its market value was $90,000. Twenty percent of the medicine was used by the hospital during the year ended June 30, 20X9. On the hospital's statement of operations for the year ended June 30, 20X9, the contribution of medicine would increase operating revenues by what amount?
Business
1 answer:
jeka57 [31]3 years ago
5 0

Answer:

$90,000

Explanation:

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Why might someone who is just starting out prefer a regular savings account to a CD?
iragen [17]
Cds are time deposits that you can close before the term ends but might pay early penalty for withdrawing early. Cds vary with the financial institution. I would say a savings account
6 0
4 years ago
Which of the following would you expect to decrease the demand for tennis racquets?
VladimirAG [237]

Answer:

C) An increase in the price of tennis racquets

Explanation:

If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.

3 0
3 years ago
An investment of $82,000 was made by a business club. The investment was split into three parts and lasted for one year. The fir
Vesna [10]

Answer:

a 54,000 dolllars

b 18,000 dollars

c 10,000 dollars

Explanation:

<u><em>From the given we can conclude:</em></u>

all investment equal 82,000 thus:

82,000= a + b + c

then:

interest of a equal 4 times interest of b:

a x 0.08 = 4 x b x 0.06

a =  (0.24/0.08)b = 3b

<u><em>and that total interest:</em></u>

a x 0.08 + b x 0.06 + c x 0.09 = 6,300

4 x b x 0.06 + b x 0.06 + c x 0.09 = 6,300

5bx0.06 + 0.09c = 6,300

c = (6,300 - 0.3b)/0.09

<em><u>we now replace a and c as expressions of b:</u></em>

82,000 = 3b + b + c = 4b + c

82,000 = 4b + (6,300 - 0.3b)/0.09

82,000 = 4b + 70,000 - 3,33b

12,000 = (2/3)b

b = 18,000

<em><u>now we solve for a and c:</u></em>

a = 3b = 3 x 18,000 = 54,000

interest of b:

18,000 x 0.06 = 1,080

interest of a:

54,000 x 0.08 = 4.320‬

4,320/1,080 = 4 we pass the interest relathionship requirement

82,000 - 54,000 - 18,000 = c

c= 10,000

10,000 x 0.09 = 900

1,080 + 4,320 + 900 = 6,300 we also fullfil the total interst requirement

4 0
4 years ago
Division B, another division in the company, would like to buy this part from Division A. Division B is presently purchasing the
Annette [7]

Answer:

$29

Explanation:

Calculation to determine what any sales to Division B should be priced no lower than:

First step is to calculate the Profit

Profit = [$30 - ($18 + $3) ]*50,000

Profit= $9 * 50,000

Profit= $450, 000

Second step is to calculate the new variable cost

New variable cost = $18 - $1

New variable cost= $17

Now let determine the any sales to Division B should be priced no lower than:

Let x represent what Division B should be priced no lower than

[x - ($17 + $3) ] * 50000=450000

x - 20 = 450000/50000

x - 20 = 9

x = 9 + 20

Hence:

x = $29

Therefore From the point of view of Division A, any sales to Division B should be priced no lower than:$29

6 0
3 years ago
Assume for this problem that the price of gold is $1,200 per troy ounce. If the price of silver is $20 per troy ounce, how many
ValentinkaMS [17]

Answer:

3.75

Explanation:

Given;

Price of gold = $1,200 per troy ounce

Price of silver = $20 per troy ounce

Therefore,

1200/20 = 60 pieces of silver is worth one troy ounce of gold but;

1 ounce = 0.0625 pounds

60 ounces = 60 ×0.0625

= 3.75

Therefore a 3.75 pounds of silver is worth single troy ounce of gold.

4 0
3 years ago
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