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mafiozo [28]
3 years ago
7

Bunny's Furniture Warehouse accepted a national credit card for a $3,300 purchase. The Cost of the Goods Sold is $1,300. The cre

dit card company charges a 3% fee. What is the impact of this transaction on net operating income
Business
1 answer:
Viktor [21]3 years ago
7 0

Answer:

$1,901

Explanation:

The impact of transaction on net operating income is shown below:-

Credit card sales = $3,300

Card fees = 3% × $3,300

= $99

Cost of the Goods Sold = $1,300

Net operating income = Sales - Cost of goods sold - card fees

= $3,300 - $1,300 - $99

= $1,901

Therefore for computing the impact of transaction on net operating income we simply applied the above formula.

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Wenig Inc. has some material that originally cost $73,500. The material has a scrap value of $45,600 as is, but if reworked at a
Lady_Fox [76]

Answer:

It gives the increment of $5,900.

Explanation:

For computing the increment effect, the following things is need to be considered.

1. Incremental sales of reworking cost = Sales price - rework cost

                                                                = $58,100 - $6,600

                                                                = $51,500

2. Scrap value = $45,600

As in the give question, the incremental value is computed based on reworking rather than scrap value. So, the scrap value amount is to be deducted from the incremental sales of reworking cost.

The amount is equals to

= $55,100 - $45,600

= $5,900

Thus, it gives the increment of $5,900.

8 0
3 years ago
At the end of Year 2, retained earnings for the Baker Company was $3,500. Revenue earned by the company in Year 2 was $1,500, ex
Vitek1552 [10]

Answer:

<em>D. $3.300</em>

Explanation:

Beginning Retained Earnings + Revenue − Expenses − Dividends = Ending Retained Earnings

Beginning Retained Earnings + $1,500 − $800 − $500 = $3,500 Beginning Retained Earnings = $3,300

Therefore the answer is<em> </em><u><em>D $3 300</em></u>

3 0
3 years ago
why might a company decide to outsource (i.e., buy) a product that they currently make in their company-owned operations?
mestny [16]

Companies outsource to save costs or improve the value of their goods. There are several options when deciding whether to outsource a business' operations or production.

The use of outsourcing has increased as a way for businesses to cut expenses and concentrate on what they do best. A business precise known as outsourcing involves a corporation hiring a third party to carry out duties, manage operations, or offer services on their behalf.

Reduce and manage operating expenses. Enhance the company's focus. liberate internal resources for fresh endeavors. Increase output for some time-consuming tasks for which the organization may lack the resources.

The finest examples of outsourcing include website creation, office and warehouse cleaning, and advertising.

To learn more about outsourcing

brainly.com/question/14202035

#SPJ4

3 0
2 years ago
Good X and good Y are substitutes. If the price of good Y increases, then the
Hoochie [10]

Answer:

The correct answer is B. demand for good X will increase.

Explanation:

Two goods, X and Y, are said to be substitutes if they can be used to serve the same purpose. Thus, if good X is a substitute to good Y, then X can be used in place of Y and Y can be used in place of X.

For substitute goods, the cross-price elasticity of demand is positive. This means that if the price of one good rises, the demand for the substitute good increases.

3 0
4 years ago
A primary role of​ ________ is to describe how choices are​ made, analyze the results of those​ choices, and advise on how bette
marissa [1.9K]

Answer:

D. economists

Explanation:

Economists -

It refers to the person practicing in the field of economics , is refers to as an economists .

The person is responsible to deal with the concepts of economics , develop  , study and apply the classical theories of economics .

The major importance of economist is to make optimal decisions using their complete knowledge of economics .

Hence , from the given information of the question,

The correct option is D. economists .

5 0
3 years ago
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