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Ratling [72]
3 years ago
5

Suppose LovetoRead sells 1 comma 600 hardcover books per day at an average price of $ 50. Assume that LovetoRead's cost for the

books is 55​% of the selling price it charges retail customers. LovetoRead has no beginning​ inventory, but it wants to have a​ three-day supply of ending inventory. Assume that selling and administrative expenses are $ 3 comma 200 per day. Determine LovetoRead's budgeted purchases for the next​ (seven-day) week. A. $ 800 comma 000 B. $ 176 comma 000 C. $ 440 comma 000 D. $ 308 comma 000
Business
1 answer:
Oduvanchick [21]3 years ago
5 0
First you have to turn left mom, NO MOM TURN LEFT, okay now do you see that hole in the ground, yea , ok good now jump down it and come get me , i got tied up, okay thank you, OKAY STOP SIRI, STOP TEXTING MY MOM ALREADY SIRI, SIRRIIIIIIIIIII
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Freddie's auto service stations were fined for failure to provide the services billed and other things. after being fined, fredd
puteri [66]
It is known as the Total Quality Management or TQM. It is the nonstop procedure of lessening or dispensing with blunders in assembling, streamlining inventory network administration, enhancing the client encounter, and guaranteeing that workers are doing speed with their preparation. Add up to quality administration means to hold all gatherings associated with the generation procedure responsible for the general nature of the last item or administration.
5 0
3 years ago
16. When filing by subject, which of the following would be filed first? *
andriy [413]

Answer:

C. additional information

Explanation:

When you gather data, the most important thing that you need to fill first is the identity of the subjects.

In business, the data that companies take through questionnaires is made in order to read the market's trends or customers' general preference. In order for the data to be usable, the companies need to be able to differentiate subjects based on different characteristics (such as age, gender, income level, etc). All of this information is filled under the additional information box on every files.

4 0
3 years ago
North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2
Oduvanchick [21]

Answer:

A budgered income statement was prepared for North company for the year ending December 31st 2020.

Explanation:

Solution

                              The NORTH COMPANY

                              Budgeted Income Statement

                           For the year December 31st, 2020 Ended

Particulars                                                          Amount

Sales                                                                 $2,414,100

Less: Cost of goods sold

[50,220 Units x $23.00 per unit]                    -11,55,060

The Gross Profit                                                 12,59,040

Less: Selling and administrative expenses     -3,09,700

Earnings before interest and taxes                  9,49,340

Less: Interest Expenses                                   -10,260

The earnings before taxes                                 9,39,080

Less: Income Taxes                                           -2,26,200

The Net Income                                                  7,12,880

The net income for the NORTH COMPANY for the year ended December 31st 2020 is $7,12,880

6 0
3 years ago
Suppose that there is currently a $2 per bottle of tax on vodka that is levied on consumers. Legislators have decided to give co
Nadusha1986 [10]

Answer:

There is no change in consumers' or producers' well being

Explanation:

Currently consumers of vodka were levied tax of $2. However, government decided to provide tax relief to consumers and shift the burden on producer. There will be no change in the well being of consumers and producers.

Tax is a cost that shifts demand curve if consumers pay tax. Supply curve shifts if producers pay tax. The overall effect, however remains the same. If producers pay tax, cost per unit vodka will increase which will be reflected increased prices. Similarly, if consumers pay tax, they will demand lesser. so there is no change overall.

5 0
3 years ago
Determine the future value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
slavikrds [6]

Answer:

1. $38,435.37

2. $67,091.09

3. $126,985.63

4.$94,037.04

Explanation:

The formula for calculating future value :

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

1. $17,000 ( 1 + 0.06)^14 = $38,435.37

2. $26,000(1 + 0.09)^11 = $67,091.09

3. $38,000(1 + 0.09)^14 = $126,985.63

4. $59,000 (1+0.06)^8 = $94,037.04

I hope my answer helps you

6 0
3 years ago
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