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Travka [436]
4 years ago
8

C&A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times

a year. What holding cost does C&A incur for each T-shirt? $0.50 $0.02 $0.08 $0.04
Business
1 answer:
ad-work [718]4 years ago
4 0

Answer:

$0.02

Explanation:

C&A sells T-shirts for $20 that cost $5 to produce

The annual holfing cost percentage is 10%

The T-shirts turn 25 times a year

The first step is to calculate the holding cost

= $5 × 10/100

= $5 × 0.1

= 0.5

Therefore, since the T-shirts turn over 25 times a year then, the holding cost that C&A incurs for each T-shirts can be calculated as follows

= 0.5/25 times

= $0.02

Hence C&A incur a holding cost of $0.02 for each T-shirts

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Mayan Company had net income of $32,500. The weighted-average common shares outstanding were 10,000. The company has no preferre
madreJ [45]

Answer:

The company's earnings per share is $3.25.

Explanation:

Earnings per share (EPS) refers to a financial metric that shows an indication of the amount of money that is made a company for each share of its stock.

The earnings per share of Mayan Company can be calculated using the formula for calculating earnings per share as follows:

Earnings per share = Net income /  Weighted-average common shares outstanding ..................... (1)

Where;

Net income = $32,500

Weighted-average common shares outstanding = 10,000

Substituting the values into equation (1), we have:

Earnings per share = $32,500 / 10,000

Earnings per share = $3.25

Therefore, the company's earnings per share is $3.25.

6 0
3 years ago
Which level(s) of government both receive and distribute intergovernmental revenues?
maria [59]

Answer:

Not sure of the right answer but it's definitely NOT all three levels of government.

Explanation:

See attached the test grade I got.

8 0
3 years ago
Read 2 more answers
1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g
EleoNora [17]

Answer:

Deflation; 10%

8; 9 basket of goods

rises

Explanation:

Given that,

Price of  a basket of goods in year 1 = $10

Price of the same basket in year 2 = $9

There is a fall in the price level from year 1 to year 2, hence, this is known as the deflation in an economy.

Deflation rate:

= [(Price of  a basket of goods in year 1 - Price of the same basket in year 2) ÷ Price of  a basket of goods in year 1] × 100

= [($10 - $9) ÷ $10] × 100

= 10%

In year 1,

$80.00 will buy:

= $80 ÷ Price of  a basket of goods in year 1

= $80 ÷ $10

= 8 baskets of goods

In year 2,

$80.00 will buy:

= $80 ÷ Price of  a basket of goods in year 2

= $80 ÷ $9

= 8.9 or 9 baskets of goods

Therefore, this example indicates that as the price of the goods falls then as a result the value of money rises because with the lower price level, a person can purchase more quantity of goods.

6 0
3 years ago
Refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its r
mrs_skeptik [129]

I'll say 20 percent im not complete sure if i am you should end up with

92000000

6 0
3 years ago
Joan Kerry, an American national, worked as a senior manager in her firm's headquarters in New Jersey. When her firm opened a ne
Sidana [21]

Answer:

B) Subculture shock

Explanation:

Culture shock is where one feels out of place due to a difference in their present environment from their previous environment brought about by differences in the attitudes and practices of people in their present environment. Joan is clearly experiencing subculture shock since her feeling of disorientation stems from the difference in practices and attitudes of Californian people, fitting our description of subculture shock. It is "subculture" since the people in California are still Americans though different from New Jersey inhabitants. She is not experiencing segregation as we are not told that she is in any way receiving a different sort of treatment from others based on any grounds whatsoever.

3 0
4 years ago
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