Answer:
B. $624,000
Explanation:
Calculation to determine The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015
Current liability=$600,000 + ($600,000 *12% *4/12)
Current liability=$600,000 + $24,000
Current liability = $624,000
(September 1 2015 to December 31 2015=4 months)
Therefore The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015 is $624,000
I believe it is <span>b. profit
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Answer:
500 units
Explanation:
An order quantity that will minimize total cost is the economic order quantity (EOQ). In order to calculate this, we use the EOQ formula as follows:
............................................................. (1)
D = Demand or annual usage = 4,900
F = Fixed ordering cost = $50
H = Holding cost = 40% × $4.90 = $1.96
Note that since annual demand is 4,900 which falls within 4,000 to 5,999, the purchase cost is therefore $4.90.
Substituting the values into equation (1), we have:
Therefore, an order quantity that will minimize total cost is 500 units.
The correct answer is agents and brokers. Agents and brokers are considered to be a non-manufacturing traders by which they sell, buy, or even facilitate the traded products of which the goods that they sell are not theirs or they didn't actually owned it.
Answer:
A low price signals to consumers that they should buy a good
Explanation: