Answer:
The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70
Explanation:
In order to calculate the price should you sell your skateboards for so that there is neither a shortage nor a surplus we would have to make the following calculation:
−6p + 400= 4p − 300
-10p=-700
p=70
The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70
The closing agent is responsible for ordering, preparing, and reviewing closing-related documents.
<h3>Who is a Closing agent?</h3>
This is a professional who deals in real estate transactions and acts a middle man between the buyer and the seller.
He ensures the transfer of the legal title is appropriately done by preparing and reviewing closing-related documents, such as the title policy and settlement statement.
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Answer:
2.09
Explanation:
Asset ratio is a business tool used to measure the efficiency of assets towards sales generation by comparing net sales to average total assets.
It is calculated by dividing the net sales by average total assets.
The average total assets is used in order to make allowance for fluctuation in the course of business year
<u>Workings</u>
Net sales = $217550
Opening total asset = $94200
Closing Total assets = $ 113500
Asset ratio turnover = 217550/(94200+113500)/2
=2.09
Answer:
The minimum would be the present value of the bonus, which is 5,075.72 dollars
Explanation:
we have to discount the 7,200 dollar bonus at 6% discount rate for 6 years to get the present value of the bonus:
Maturity 7,200
time 6 years
rate 6% = 6/100 = 0.06
PV $ 5,075.7159
Answer:
QUESTION 1 : sales allowance method
QUESTION 2: $60,000
QUESTION 3: $180
QUESTION 4: Accounts Receivable
Explanation:
