Answer:
Demand is the same as quantity demanded.
Explanation:
Answer:
Mike must not only consider his accounting costs, but also his implicit costs. Mike's implicit costs (or opportunity costs) should include the $1,500 in interest that he could earn by ending the money to his friend Bob and the amount of money he could earn by working somewhere else.
Veterinarians provide livestock producers with information, advice and training on how to avoid, or control food safety hazards.
<h3>Who is a veterinarian?</h3>
A veterinarian is a medical professional who practices veterinary medicine. They manage a wide range of health conditions and injuries in non-human animals.
In this case, veterinarians also provide livestock producers with information, advice and training on how to avoid, eliminate or control food safety hazards.
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Answer:
Q. Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?
February 2018 $90,000, March 2018 92,000, April 2018 101,000, May 2018 98,000, June 2018 99,500.
Answer) $440,775
Explanation:
Cash payments to be made in 2018 for the purchases given in question are:
Feb 2018 Mar 2018 Apr 2018 May 2018 June 2018
Cash Payments
65% of $90,000 58,500
30% of $90,000 27,000
5% of $90,000 4,500
65% of $92,000 59,800
30% of $92,000 27,600
5% of $92,000 4,600
65% of $101,000 65,650
30% of $101,000 30,300
5% of $101,000 5,050
65% of $98,000 63,700
30% of $98,000 29,400
65% of $99,500 64,675
Total $58,500 $86,800 $97,750 $98,600 $99,125
Total payments in 2018=$440,775
(58,500+86,800+97,750+98,600+99,125)