2 years ago

What’s behind gas prices

Business

2 answers:

Dmitrij [34]2 years ago

8 0

Answer:

I agree with other person!

Explanation:

Taxes! Please mark as brainliest! Good luck!

MArishka [77]2 years ago

3 0

Answer:

taxes

Explanation:

there is federal, state, and government taxes included in your gas price

hope this helps :)

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Pls help me and thank you

Studentka2010 [4]

The answer is C! hope this helped!

6 0

2 years ago

Read 2 more answers

Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 300,000 shares of $10 par common stock and 50,000 shar

Kay [80]

Answer:

The journal entries have been given as under;

Explanation:

Cash 15,000*12 Dr.$180,000

Common Stocks 15,000*10 Cr.$150,000

paid in capital-common stock 15,000*(12-10) Cr.$30,000

Cash 5,000*51 Dr.$255,000

Preferred stocks 5,000*50 Cr.$250,000

Paid in Capital-preferred stock 5,000*1 Cr.$5,000

Cash 60,000*15 Dr.$900,000

Common Stocks 60,000*10 Cr.$600,000

Paid in Capital-common stocks 60,000*(15-10) Cr.$300,000

8 0

3 years ago

The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,00

Alex_Xolod [135]

Answer:$722,000

Explanation:

The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.

3 0

3 years ago

On March 1, Bartholomew Company purchased a new stamping machine with a list price of $77,000. The company paid cash for the mac

nikdorinn [45]

Answer:

$81,020

Explanation:

The cost of the asset includes the cost of purchase less any given discount or tax returns and the addition of other cost incurred in making the asset available for use.

As such, the cost of the machine

= $77,000 - (5% * $77,000) + $2,000 + $4,520 + $1,350

= $81,020

The routine maintenance cost is not a part of the asset but an expense in p/l.

8 0

3 years ago

Short Term Inc. has issued zero-coupon bonds that mature in one year. The returns from holding these bonds have a beta of 0.25.

Nataly [62]

Answer:

1. Current bonds price = $81.86.

2. Yield to maturity = 22.16%.

3. 3. Expected Return = 7.5%.

Explanation:

Required Rate = Rf + beta*MRP

= 5% + 0.25*(15% - 5%)

= 5% +0.25*10%

= 5% + 2.5% = 7.5%

Required Rate = 7.5%

Expected Future Value = 70% x $100 + 30% x $60

= (0.7*$100) + (0.3*$60)

= $(70+18) = $88

Expected Future Value = $88

1. Current bonds price = 88/1.075 = $81.86

2. Yield to maturity = 100/81.86 - 1 = 1.22159785-1 = 0.22159785 = 22.159785% = 22.16%

3. Expected Return = 7.5%

6 0

3 years ago