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dezoksy [38]
3 years ago
14

In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p

revious year in the third quarter. AdCreate paid the media$450,000 for Anchor Motors ads during the same period. Based on this information, which of thefollowing is true for the third quarter billings? 1. AdCreate billed Anchor Motors $502,941 for the third quarter in 2010. 2. AdCreate's income from the Anchor Motors account for the third quarter of 2010 was$79,4123. AdCreate billed Anchor Motors $529,412 for the third quarter in 2010
Business
1 answer:
kakasveta [241]3 years ago
8 0

Answer:

AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

Explanation:

The advertizing company usually takes a 15% commision

Which means from the total amount billed to customer 15% ar commision which means:

money paid to media + 15% comission of the billed amount= total amount billed

450,000 + 0.15X = X

Now, we try to solve for X and get the amount billed to anchor motors.

X = 450,000/.85 =<em> 529.411,76</em>

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Crane Company had the following account balances:
aivan3 [116]

Answer:

The correct answer is $479,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the total revenue by using following formula:

Total revenue = Net sale + Dividend revenue  + Rent revenue

Where, Net sales = Sales revenue - Sales return

= $445,000 - $34,000 = $411,000

By putting the value in the formula, we get

Total revenue = $411,000 + $10,500 + $58,000

= $479,500

4 0
3 years ago
Value of Operations Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the
Musya8 [376]

Answer:

Value of Operations Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100,000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 10%. The company's weighted average cost of capital is 18%. What is the terminal, or horizon, value of operations

 Terminal value   = $1,783,333.33

Explanation:

Terminal value = FCF3/(WACC � g2)

FCF3 = FCF2 x 1.07 = $100,000 x 1.07 ? $107,000

      = $107,000/(.13 - .07)

      Terminal value = $1,783,333.33

8 0
3 years ago
Your store has average sales of $1,680 per day. Its shrinkage rate is 3%. What will its losses be for an entire year?
Lerok [7]

Answer:

$18,396

Explanation:

Average sales of the store per day = $1,680

Number of days in a year = 365

Total sales in a year = $1,680  x 365 = $6132,200

Shrinkage rate = 3%

Losses for an entire year = 0.03 x $6132,200 = $18,396

6 0
2 years ago
The term inflation is used to describe a situation in which
photoshop1234 [79]

Answer:

The correct answer is option b.

Explanation:

Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.  

A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as  

  • Demand-pull inflation
  • Cost-push inflation

There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.

6 0
3 years ago
Privacy concerns dictate that _______.
Anna11 [10]

I believe the answer is: a. You always enter mass email addresses into the BCc  

In this context, bcc refers to blind carbon copy. When you put an Email address of a certain recipients on bcc fields, other recipients would not be able to see it. Doing this could  prevent the spread of computer malware, spam, or viruses by avoiding the perpetrators to accumulate  block-list of e-mail addresses available to all Bcc.

5 0
3 years ago
Read 2 more answers
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