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Svet_ta [14]
3 years ago
15

A container of bolts, currently located in Houston, TX, needs to be delivered to a facility in Sioux Falls, SD. The standard gro

und shipment method takes three days. However, for an additional charge of $30.00, the container can be sent by two-day air. The holding cost per day for this type of item has been estimated at $21.09. Which shipping option is more economical?
Business
1 answer:
laila [671]3 years ago
6 0

Answer:

The ground shipment option is more economical

Explanation:

The costs of each option of shipment would be a good starting point in deciding which is more economical

Ground shipment costs:

Cost per day $21.09

number of days

cost=$21.09*3

       =$63.27

Air option

Number of days 2

cost per day $21.09

additional charge

cost=standard charge* days+additional charge

        =($21.09*2)+$30.00

       =$72.18

Above all the ground shipment option of $63.27 is more economical compared to the air option of $72.18

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Three commonly used productivity variables​ are: A. ​quality, efficiency, and low cost. B. ​technology, raw​ materials, and labo
exis [7]

Answer:

E. Labor, capital and management

Explanation:

Productivity refers to efficiency in production which means how much output is produced for available level of inputs. It is measured by output/input ratio.

The variables which determine productivity are labor, capital and management.

Capital refers to the amount of investment an entrepreneur makes in a project. Capital invested determines the resources available.

Labor refers to men employed to produce output. Labor cost refers to the wages paid.

Management refers to carrying out operations effectively so that all factors of production work in synchronization and to ensure that everything is in order.

8 0
3 years ago
6. A zero coupon bond with 2.5 years to maturity has a yield to maturity of 25% per annum. A 3-year maturity annual-pay coupon b
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3 0
3 years ago
A key limitation of balance sheets in financial analysis is that: A) liquidity and solvency ratios require information from othe
tatyana61 [14]

Answer: Option (B) is correct.

Explanation:

The three limitations to balance sheets are as follow:  

1.) Assets are being noted or stored at a historical cost,  

2.) There is a thorough use of the estimates,

3.) There's also omission of several precious non-monetary assets.  

Therefore from the given options, we can state that the key limitation of using a balance sheets under the constraints of financial analysis is that different items in a balance sheet are or may be evaluated differently.

8 0
3 years ago
On January 1, 2018, Jolley Corp. paid $250,000 for 25% of the voting common stock of Tige Co. On that date, the book value of Ti
shusha [124]

Answer:

            Dr. Investments in Associates 250,000

            Cr.            Cash                                 500,000

          Dr. Cash                                   10,000

          Cr.            Investments in Associates 10,000

          Dr. Investments in Associates 50,000

          Cr.     Investment revenue                    50,000

Explanation:

The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.

An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.

- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.

- Jolley records the net income from Tige Co. as an increase to its Investment account.

4 0
3 years ago
Raintree Cosmetic Company sells its products to customers on a credit basis. An adjusting entry for bad debt expense is recorded
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Journal entries

Dr Allowance for uncollectible account $41,000

Cr Account Receivable $41,000

Dr Account receivable $3,600

Cr Allowance for uncollectible account $3,600

Dr Cash $3,600

Cr Account receivable $3,600

5 0
3 years ago
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