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3 years ago

Making a decion at the margin is possible only in situations where_____

Business

1 answer:

Pani-rosa [81]3 years ago

8 0

The available alternatives can be divided into increments.

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Why may Consumers overspend when using a credit card?

Gekata [30.6K]

Because it is very easy to spend money that you do not have by using a credit card. Most think they can pay it off the following month, but that rarely happens.

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3 years ago

On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Accounts Debit Credit Cas

Amiraneli [1.4K]

Answer:

uncollectible amount expense 1,040 debit

allowance for uncollectible amount 1,040 credit

supplies expense 3,450 debit

supplies 3,450 credit

interest receivables 110 debit

interest revenue 110 credit

salaries expense 35,300 debit

salaries payable 35,300 credit

Explanation:

Accounts Receivables 15,400

during the year 90,400

write-off (4,100)

collected 88,000

ending balance 13,700

due amounts 4,700 x 20% chance = 940

remaining 8,000 x 5% = 400

total allowance 1,340

balance of the allowance

4,400 - 4,100 writ-off = 300

adjustment needed 1,340 - 300 = 1,040

-----------

supplies 4,300 ending supplies 850

the difference is the amount used thus, the expense

supplies expense 3,450

----------

principal x time x interest

22,000 x 1 /12 x 6% =

22,000 x 0.5% = 110

as we are not receiving the interest now, we generate a receivable

--------

we reocgnize the expense and the payable associated with salaries

6 0

3 years ago

A new operating system for an existing machine is expected to cost $600,000 and have a useful life of six years. the system yiel

Slav-nsk [51]

For the first investment the solution as follows
Annual depreciation
600,000÷6 years=100,000

Net annual cash flows
100,000+155,000=255,000

Present value
255,000×4.11141+16,600×0.50663
=1,056,819.608

Net present value
1,056,819.608−600,000=456,819.608

For the second investment the solution as follows
Annual depreciation
390,000÷8 years=48,750

Net annual cash flows
48,750+60,000=108,750

Present value
108,750×4.96764+24,500×0.40388
=550,125.91

Net present value
550,125.91−390,000=160,125.91

4 0

3 years ago

Manuel borrowed a total of $4000 from two student loans. One loan charged 4% simple interest and the other charged 3.5% simple i

hichkok12 [17]

Answer:

the principal amount at a rate of 4% is 2000

principal amount at a rate of 3.5% is 4000-2000 =2000

Explanation:

We have given total amount borrowed = $4000

Let x amount is borrowed at a rate of 4%

So $4000-x is borrowed at rate of 3.5%

Total interest = $150

We know that simple interest $=\frac{principal\ amount\times rate\times time}{100}$

So $\frac{x\times 4\times 1}{100}+\frac{(4000-x)\times 3.5\times 1}{100}=150$

$4x+14000-3.5x=15000$

0.5 x=1000

x = 2000

So the principal amount at a rate of 4% is 2000

And principal amount at a rate of 3.5% is 4000-2000 =2000

7 0

4 years ago

In one or two sentences, describe which is greater: gross pay or net pay.

Dafna1 [17]

Gross pay is almost always greater than net pay, as net pay is after taxes, benefits, etc. Gross pay is what the company tells you that they will pay you.

8 0

4 years ago

Read 2 more answers