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saul85 [17]
3 years ago
9

A retailer returned 2700 defective items to the manufacturer and received a credit for the retail price of $0.83 or 834/34 per i

tem less a discount of of the retail price. What was the amount of the credit received by the retailer?
Mathematics
1 answer:
Helga [31]3 years ago
8 0

Answer:

credit gain by retailer is $2257.39

Step-by-step explanation:

Given data:

Retaile price 83 4/3 c or 84.33c

Let Discount rate 6/7

Discount amount = (6/7)% of 84.33 c = 0.7228 C

Net credit received = 84.33c - 0.7228c = 83.607c

Net credit received = 83.607 c

Item required  = 2700

Total discount = 2700 × 83.0607 = 225739.44c

Total discount = $2257.39

credit received by retailer is $2257.39

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A firm has a beta of 1.3 and a debt-to-equity ratio of .4. The market rate of return is 11.6
Citrus2011 [14]

Beta= 1.3

Debt to equity ratio= 0.4

Market rate of return= 11.6%

= 11.6/100

= 0.116

Tax rate= 32%

= 32/100

= 0.32

Risk free rate=  3.3%

= 3.3/100

= 0.033

Pretax cost of debt= 7.2%

= 7.2/100

= 0.072

The firm's WACC can be calacluated as follows

RS= 0.033+1.3(0.116-0.033)

= 0.033+1.3(0.083)

= 0.033+0.1079

= 0.1409

WACC= (1/1.4)(0.1409)+(2/1.4) (0.072)(1-0.32)

= (0.7142)(0.1409) + (1.4285)(0.072)(0.68)

= 0.1006+0.0699

= 0.1705(100)

= 17.05%

Hence the firm's WACC is 17.05%

6 0
2 years ago
Sarah serves at a restaurant and makes 20% of what she sells as tips. Her base salary is $10.20an hour. Each hour she sells an a
Dimas [21]

Sara works 46 hours per week

9 hours are overtime and 37 hours are regular time

pay rate at time and a half: 10.20∗1.5=15.30

regular hours plus overtime pay

37∗10.20=377.40

9∗15.30=137.70

Income due to tips

Total hours worked∗60per hour∗20%

46∗60∗.20=552

Weekly Income=Hourly income + tips

Weekly Income=377.40+137.70+552.00

Weekly Income=1067.10

Annual income=Weekly income∗52

Annual income=55489.20

4 0
3 years ago
Order least to greatest
rjkz [21]

Answer #1

2.25,2 5/8, 3.75, 4 3/7

Answer #2

5 1/2, 5.21, 4.6, 3 3/5

7 0
2 years ago
PLEASE HELP FAST
Rzqust [24]

Answer:

a)2 is a factor of 12

Step-by-step explanation:

8 0
3 years ago
1) Find the circumference and area of each circle:
MA_775_DIABLO [31]

Answer:

a] Radius of circle = 10 feet

Circumference of circle = 94.2 feet (Approx.)

Area of circle = 314 feet² (Approx.)

b] Radius of circle = 6 cm

Circumference of circle = 37.68 cm (Approx.)

Area of circle = 113.04 cm² (Approx.)

Step-by-step explanation:

Given:

a] Radius of circle = 10 feet

b] Radius of circle = 6 cm

Find:

Circumference an area for both circle

Computation:

Circumference of circle = 2πr

Area of circle = πr²

a] Radius of circle = 10 feet

Circumference of circle = 2(3.14)(10)

Circumference of circle = 94.2 feet (Approx.)

Area of circle = (3.14)(10)²

Area of circle = 314 feet² (Approx.)

b] Radius of circle = 6 cm

Circumference of circle = 2(3.14)(6)

Circumference of circle = 37.68 cm (Approx.)

Area of circle = (3.14)(6)²

Area of circle = 113.04 cm² (Approx.)

7 0
3 years ago
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