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
meriva
3 years ago
14

Rhonda plans to buy an $85 Father's Day present for her father, and the holiday falls on the third Sunday of June. She can affor

d to put it on layaway with a 20% down payment and $8 a month after that. If payments are due at the beginning of each month, when should Rhonda make her first monthly payment?
Business
1 answer:
statuscvo [17]3 years ago
6 0

Answer:

October 1

Explanation:

Layaways are like reverse credit card shopping. In a layaway the customer pays for the product first (in installments) and then they can take it home.

Total price = $85

down payment = $85 x 20% = $17

remaining amount = $68 / $8 = 8.5 ≈ 9 monthly payments

Rhonda should start to make her first monthly payment in October 1. Her last payment will be due in June.

You might be interested in
Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price woul
ollegr [7]

Answer:

The answer is $48.

Explanation:

20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.

4 0
4 years ago
​Martinville, Inc. earned revenues of $ 17,000 and incurred expenses of $ 7,000. The company declared and paid cash dividends of
vladimir1956 [14]

Answer:

$10,000

Explanation:

A company's income is either shared out as dividends or kept in as retained earnings. Therefore, the total of retained earnings and dividend paid out is the net income. This is the amount that will reflect in the income statement. In other words, income is calculated first before dividends or retained earnings are declared.

For ​Martinville, income will be calculated first before dividends are paid. Net income will be

=revenue - expenses

=$17,000 -$7,000

=$10,000

Balance in the Income Summary account was $10,000

4 0
3 years ago
How many of the following statements about testing are true?
Rus_ich [418]

Answer:

The answer is E) Testing for controlling would most often involve scenario, integration and user acceptance testing.

Explanation:

In quality control, there involve a series of tests: Scenario testing, Integration testing and User acceptance testing.

Scenario testing is done once there a functionally that can be tested is developed. Under scenario testing, integration of functions is not done yet but it is possible to test the performance of the interface developed to ascertain how an end user will use it.

Integration testing involves testing the functionally of a combined unit assembled from individual units to see how well they perform as an integrated unit.

User acceptance testing is doe at the final phase to check how well it can perform in real time. This is meant to check user friendliness and ease of access.

8 0
3 years ago
What two steps can you take to help correct this? UC is having issues using Informatica Cloud Louder to export +10MOrder records
Ilia_Sergeevich [38]

Answer:

b, c

<u>Explanation</u>:

Remember, the number of order is quite large over 10 million. Therefore, the best step to carry out is

1. Export in multiple batches: This implies that instead of trying to export the whole batch at once, which might not be possible it is best to export in fewer batches.

2. Use PK Chunking: This method involves the use of an <em>automated system</em> that reduces large orders into smaller chunks.

7 0
3 years ago
Tri Fecta, a partnership, had revenues of $367,000 in its first year of operations. The partnership has not collected on $45,800
inessss [21]

Answer:<em> </em><em>$ 155,440</em>

Explanation:

Receipt:  

Cash received from customer(367,000 - 45,800)           321,200

Investment                                                                           47,000

Borrowed money                                                                26,000

Total Receipts                                                                   394,200

Disbursement:  

Payment to vendor(240,000 - 39,600)                           200,400

Salary                                                                                   26,200

Interest                                                                                   2,860

Insurance policy                                                                     9,300

Total Disbursement (B)                                                       238,760

Cash balance (A - B)                                                            155,440

7 0
3 years ago
Other questions:
  • If the amount of "Cost of goods manufactured" during a period exceeds the amount of "Total manufacturing costs for the period, t
    12·1 answer
  • During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the
    12·1 answer
  • The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit
    15·1 answer
  • The business cycle is thea.predictable changes in economic activity due to changes in government spending and taxes.b.irregular
    14·1 answer
  • Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
    7·1 answer
  • The Sawtooth Leather Company manufactures leather handbags and moccasins. For simplicity, the company has decided to use a singl
    10·1 answer
  • From a(n) _____ standpoint, the effect on performance motivation may be limited in ownership program because of the less obvious
    7·1 answer
  • Before negotiating a long-term construction contract, build- ing contractors must carefully estimate the total cost of completin
    15·1 answer
  • Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu
    8·1 answer
  • An investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compoun
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!