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
kolezko [41]
3 years ago
11

Speculator paid $25,000 net each for two 150 front-foot lots. Speculator split them into 3 lots with equal front footage. Specul

ator sold the 3 lots for $300 per front foot. What was Speculator's percentage of profit?
Business
1 answer:
ankoles [38]3 years ago
5 0

Answer:

The answer is 80%

Explanation:

Profit = revenue - cost of sales

         =[(50* 300) per 50 front-foot lot * 3 lots ] - 25000   *100

         =(45000-25000)/25000    *100

         <u>=80%</u>

You might be interested in
Lounge Lizard, a website and mobile app design company for small businesses, receives the majority of its new customer leads fro
Liula [17]

Answer:

Web-based social networking, recordings, email, web content, versatile content push offers  

Long Lizard gets most of its client leads from web looked or other online sources. Thus it will be smarter to utilize online media like internet based life, recordings, email, web content, portable content push offers to get quicker reaction from more extensive crowd at moderately less expensive rate. Different alternatives given are more established strategies, exorbitant and furthermore set aside some effort to contact a more extensive crowd. At the point when the clients lean toward new media like online hotspots for arriving at the organization, the organization ought to likewise give a similar medium to promoting correspondence. Consequently the appropriate response is third alternative.

8 0
3 years ago
....................
Viktor [21]

Answer:

this is cool this is amazing wow applause everyone

5 0
3 years ago
Read 2 more answers
Tex's Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $120,000
Thepotemich [5.8K]

Answer:

Is better to continue the production of the component as currently is taking allocated overhead from other department. Buying will inccur in a financial disadvangate of 25,000

Explanation:

<u>Make</u>

Direct cost:

DM                   120,000

DL                      25,000

VMO            <u>      45,000  </u>

Total Variable:  185,000

Tracable fixed cost: 5,000

Total cost:   190,000

<u>Buy option:</u>

purchase 190,000

unavoidable cost: (30,000 - 5,000) = 25,000

Total cost: 215,000

3 0
3 years ago
The ABS company has a capital base of $270 million, an opportunity cost of capital (k) of 19%, a return on assets (ROA) of 9%, a
tiny-mole [99]

Answer:

0.9

Explanation:

7 0
3 years ago
Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $
attashe74 [19]

Answer:

$1,702 , $1,497, and $1,957

Explanation:

The computation of the total cost is shown below:

Particulars Strawberry Vanilla Chocolate

Direct Labor $766          $841  $1,141

Direct Material  $816          $516  $616

Overhead   $120               $140        $200

                        (60 × 2)           (70 × 2)   (100 ×2)

Total Cost   $1,702           $1,497    $1,957

We simply added the direct labor cost, direct material cost and the overhead cost so that the total cost could come

8 0
3 years ago
Other questions:
  • How many products are in the average supermarket today
    7·1 answer
  • Brothern Corporation bases its predetermined overhead rate on the estimated machine- hours for the upcoming year. Data for the m
    10·1 answer
  • In the late 1990s, the United States experienced very high GDP growth, record low unemployment rates, and virtually nonexistent
    13·1 answer
  • Select the correct text in the passage given below. Which sentence identifies a factor that affects demand for a car manufacture
    7·1 answer
  • LO 3.2A company has wants to earn an income of $60,000 after-taxes. If the tax rate is 32%, what must be the company’s pre-tax
    11·1 answer
  • Consider the market for loanable funds. Suppose that savers make deposits in savings accounts at banks. Initially, the interest
    11·1 answer
  • Examine the organizational structure in which Jeff Bezos currently operates or formerly operated. What is your estimate on what
    14·1 answer
  • What should you do after attending a college fair?
    13·2 answers
  • Prepare the schedule of cost of goods manufactured for Barton Company using the following information.
    15·1 answer
  • Lance contracts with Herman to fix the brakes on his car. The agreed upon amount is $750. When Herman is fixing the brakes, he n
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!