1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

You might be interested in
Suppose that goods x and y are substitutes and the price of good y falls. we would then expect
hoa [83]

expect what?

Please make sure you finish your question, thank you ❤️

6 0
3 years ago
Assuming that the prices of A and B are $1.50 and $1, respectively, and that Mr. Chen has $24 to spend, plot his budget line and
Margarita [4]

Answer:

consume 8 units of A and 12 units of B

Explanation:

given data

prices of A = $1.50

prices of B = $1

Budget constraint = $24

consider data indifference curve

unit A         unit  B

16                 6

12                 8

8                  12

4                  24

solution

As graph, Mr. Chen will buy 8A and 12 B goods.

so Budget constraint is here express as

24 = 8 × $1.50 + 12 × 1.00

so here

MRS = \frac{PB}{PA}  rule  of equilibrium

so here MRS is

MRS = \frac{8}{12}      

\frac{PB}{PA} =  \frac{1.00}{1.50} = \frac{2}{3}  

MRS = \frac{PB}{PA} = \frac{2}{3}

7 0
3 years ago
If you had a two-regressor regression model, then omitting one variable that is relevant:
makvit [3.9K]

Answer:

D. can result in a negative value for the coefficient of the included variable, even though the coefficient will have a significant positive effect on Y if the omitted variable were included

Explanation:

8 0
3 years ago
Ophelia Inc. just learned that Patton Inc., one of its customers with an outstanding accounts receivable balance, filed for bank
wlad13 [49]

Answer:

Ophelia Inc.

Assuming that the company utilizes the allowance method, Ophelia should record a(n):

decrease in Accounts Receivable

Explanation:

This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value.  The Patton Inc. account may not be recovered fully.  However, the amount of the decrease depends on the amount that can be recovered from Patton.  Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.

4 0
3 years ago
Have led to drastic changes in the ability to gather, analyze, and access
kakasveta [241]

Answer: advanced in technology :)

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 91,000 shares of $5 par common stock. Dur
    5·1 answer
  • The embargo created an artificial drop in the supply of oil. how would a natural shortage differ from an embargo situation
    11·1 answer
  • Tell me all the important stuff i need to know about scarcity in terms of Economics?
    6·2 answers
  • Assuming that there are no income taxes, what would be the ROI and residual income, respectively, for this equipment, which has
    13·1 answer
  • 7. The Johnsons are in an auto accident with a driver who lives near them in the same town. No one is injured but the Johnsons'
    11·2 answers
  • Asset allocation refers to ________. A. the allocation of the investment portfolio across broad asset classes B. the analysis of
    7·2 answers
  • Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen
    6·1 answer
  • You are in charge of a project that has a degree of operating leverage of 1.24. What will happen to the operating cash flows if
    6·1 answer
  • What characteristics are common to public schools
    13·1 answer
  • Identify which basic assumption of accounting is best described in each/some item(s) presented below:a) The economic activities
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!