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
olya-2409 [2.1K]
3 years ago
10

All purchases are paid for as follows: a. 10% in the month of purchase, b. 40% in the following month, and c. 50% two months aft

er purchase. Calculate total budgeted cash payments made in October for purchases.
Business
1 answer:
Stels [109]3 years ago
3 0

Answer:

The total budgeted cash payments made in October is $74,290  

Explanation:

The cash payment made in October

October $69,[email protected]% $6,920  

September $73,[email protected]% $36,850  

August $76,[email protected]% $30,520  

The total is  $74,290  

You might be interested in
Remeber it does not matter what people say about you, bc God loves you. Never think that no one loves you bc someone always will
Fed [463]

I appreciate this message a lot, thank you!

I wish more people were actually wholesome like you, we need more of this on the platform!

8 0
2 years ago
A downhill ski area is experiencing a decline in the number of lift tickets sold, falling revenues, and inadequate profits. The
sukhopar [10]

Answer:

D. a 10 percent decrease in the average price of a lift ticket.

Explanation:

When Price elasticity is greater than 1, that suggests that the demand for that particular good or service is highly responsive to price or is price-sensitive . Furthermore, If price elasticity is greater than 1 then an increase in price will cause revenue to decrease.

Applying the above-stated principle to the given scenario, it has been stated that 'The estimated price elasticity of demand is 1.5.' implying that the demand for downhill ski is highly sensitive and responsive to changes in price.

Therefore, the only logical economic strategy to improve revenues will be to decrease price so that revenue can increase.

5 0
3 years ago
Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $16
In-s [12.5K]

Answer:

$1,369,200

Explanation:

Calculation for EBIT

Using this formula

Value of Equity= EBIT / WACC

Let plug in the formula

$16,300,000 = EBIT / .084

EBIT = .084($16,300,000)

EBIT = $1,369,200

Therefore EBIT is $1,369,200

3 0
3 years ago
what do economies of scale, the ownership of essential raw materials, and patents have in common? they must all be present befor
pantera1 [17]

what do economies of scale, the ownership of essential raw materials, and patents have in common? They are all barriers to entry.

Materials or substances used in the initial stages of producing or manufacturing items are known as raw materials. On commodity exchanges around the world, raw materials are commodities that are purchased and sold. Since raw materials, like labor and capital, are factors of production, traders buy and sell them on the factor market.

Various sorts of raw materials can be employed in a wide range of goods. The inventory or input commodities that a business needs to make its products are known as raw materials. For instance, a car manufacturer would employ steel used in the construction of vehicles as a raw material.

Learn More About raw materials:

brainly.com/question/13376768

#SPJ4

5 0
2 years ago
Classic Limo, Inc. provides limousine service to Tri-Cities airport. The price of the service is fixed at a flat rate for each t
Illusion [34]

Answer:

1) See the attached excel file for the analysis of the possible operating income for Classic Limo, Inc.

2) The scenario with the highest operating profit $280,500 which is Excellent with $40 Contribution Margin and 10,500 Numbers of Customers.

Explanation:

1) Using the above information, construct an Excel spreadsheet to prepare an analysis of the possible operating income for Classic Limo, Inc.

Note: See the attached excel file for the analysis of the possible operating income for Classic Limo, Inc.

2) If you were manager of Classic Limo, Inc. and had to choose only one budget scenario to use for planning for the year, which one of the nine scenarios would you choose?

The scenario that would be chosen is the scenario with the highest operating profit $280,500 which is Excellent with $40 Contribution Margin and 10,500 Numbers of Customers.

Download xlsx
4 0
3 years ago
Other questions:
  • Given the following information, determine the activity rate for setups. Activity Total Activity-Base Usage Budgeted Activity Co
    13·2 answers
  • The regulations regarding both advertising and doing real estate business over the internet have been set forth in:
    8·1 answer
  • The administration of one test at one time to one group and intercorrelation of odd with even items is called:
    15·1 answer
  • Many catalog companies create special-run issues based on what customers have purchased in the past. For example, customers who
    5·1 answer
  • Wilton Corporation had beginning retained earnings of $724,000 and ending retained earnings of $833,000. During the year, it iss
    10·1 answer
  • An example of an asset-producing debt is a _____.
    8·1 answer
  • F ZMW 51,000 cash is paid to buy land, the land is reported on the buyer's balance sheet at ZMW 51,000.
    13·1 answer
  • The following data have been recorded for the production of Product A-11 in the current period. Direct materials cost was $2,079
    12·1 answer
  • Free trade areas that have a common external trade policy, but don't allow for the free movement of people and capital are calle
    6·1 answer
  • in 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession. this type of stock mar
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!