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
Alborosie
3 years ago
15

Elian's credit card had a balance of $132.20 on April 1. On April 5, he charged $74.50. On April 18, he made a payment of $52.

Business
1 answer:
djverab [1.8K]3 years ago
5 0

Answer:

$173.45

Explanation:

    132.20

<u>+    74.50</u>

 206.70

************

  206.70

<u>-    52    </u>

154.70

***********

  154.70

<u>+  18.75</u>

173.45

<u />

You might be interested in
Peng Company is considering buying a machine that will yield income of $2,100 and net cash flow of $19,500 per year for three ye
irina [24]

The accounting rate of return for this investment given its income, cost of the machine and the salvage value is 8.05%.

<h3>What is the accounting rate of return?</h3>

The accounting rate of return is a capital budgeting method used to determine the level of profitabiliy of an investement.

Accounting rate of return = Average net income / Average book value

Average book value = (cost of equipment - salvage value) / 2

Average book value = (59700 - 7500) / 2 = $21,600

Accounting rate of return = $2100 / 21600 = 8.05%

To learn more about Accounting rate of return, please check: brainly.com/question/13034173

#SPJ1

3 0
2 years ago
Holiday Gifts signs a three-month note payable to help finance increases in inventory for the Christmas shopping season. The not
Illusion [34]

Answer:

Explanation:

The adjusting entry for interest expense is shown below:

Interest expense A/c Dr $1,134

      To interest payable               $1,134

(Being interest expense is adjusted)

The interest expense is computed by

= Note payable amount × interest rate × (number of months in a year ÷ total number of months in a year)

= $75,600 × 9% × (2 months ÷ 12 months)

= $1,134

The two months is computed from the November 1 to December 31

4 0
3 years ago
The supply of headphones is linear and upward sloping, and the demand for headphones is linear and downward sloping. Suppose the
Norma-Jean [14]

Answer:

8,000

Explanation:

Initially, the market is at equilibrium E1: P = P1; Q = Q1

Assume that the tax is imposed, the market will move to when Q = Q2; the price buyers pay is greater than P1, the price producers receive is less than P1.

We have: <em>Price buyers pay - Price producers receive = Tax</em>

As the tax decreases the equilibrium quantity by 700 headphoes

=> Q1 - Q2 = 700

=> Q2 = Q1 - 700

=> Q1 + Q2 = Q1 + Q1 - 700 = 2Q1 - 700

Before tax:

+) the producer surplus (PS) is equal to the area formed by supply curve S, price line P1 and the vertical axis

=> PS1 = Area of BE1P1

+) the consumer surplus (CS) is equal to the area formed by demand D, price line P1 and the vertical axis

=> CS1 = Area of AE1P1

=> The wellness before tax = CS1 + PS1 = Area of AE1B

After tax:

+) the producer surplus (PS) is equal to the area formed by supply curve S, price line (Price producers receives) and the vertical axis

=> PS2 = Area of BDE

+) the consumer surplus (CS) is equal to the area formed by demand D, price line (price buyers pay) and the vertical axis

=> CS2 = Area of ACF

+) The Tax revenue = Tax * Q2 = (Price buyers pay - Price producers receive) * Q2 = CD * DE = Area of CFDE

=> The wellness after tax = PS2 + CS2 + Tax Revenue = BDE + ACF + CDEF

=> Deadweight loss = Wellness before Tax - Wellness after tax = Area of EFE1 = 2,800

The tax decreases consumer surplus by $4,000.00, and it decreases producer surplus by $6,800.00

So that:

+) CS1 - CS2 =  4,000

=> Area of AE1P1 - Area of ACF = Area of CFE1P1 = 4,000

+) PS1 - PS2 = 6,800

=> Area of BE1P1 - Area of BDE = 6,800

=> Area of EDP1E1 = 6,800

=> Area of CFE1P1 + Area of EDP1E1 = 4,000 + 6,800

=> Area of CFE1ED = 10,800

Area of CDEF + Area of EFE1 = Area of CFE1ED = 10,800

=> Area of CDEF + 2,800 = 10,800

=> Area of CDEF = 8,000

=> Tax revenue = 8,000

6 0
2 years ago
Jenny has a degree in social work and is looking for her first job out of college. It is most important to her that she have a j
kondaur [170]
Remark
If Jenny takes option A by a month later between people's problems and her late nights working, she's going to be completely worn out, but her student loan will begin to get paid off. That's a plus.

If she takes B she does not get the career fulfillment that she wants. No job is perfect and that student loan is like a massive weight around her neck. She could do volunteer work on the weekends.

C is completely out of the question. She's piling debt on debt. If she meets with one of life's catastrophes, she will be in real trouble. C is not an option at all.

D
D to me is an option. Working with kids, she will discover, is career advancement enough. If she get's tenure, she's set.

Based on just what is in the question and nothing more, I would pick D. If you are allowed to add circumstances then B is a good choice. Depends on what kind of questions you had before. I'll stick with D, but it depends on what your marker is like. A machine is merciless and expects only one answer. A person might let you say something and give you credit for what you say.

D<<<< answer.
3 0
3 years ago
Roen Company incurred an activity cost of $105,600 for inspecting 40,000 units of production. Management determined that the ins
Lina20 [59]

Answer:

Inspection activity cost per unit on 40,000 units of total production:

1) Before Improvement is $2.64 per unit

2) After Improvement is $0.33 per unit

Explanation:

In order to calculate activity cost per unit we divide activity cost with the total number of units, as calculated below:

Activity cost / Number of Units = Activity cost per unit

105,600 / 40,000 = 2.64

Hence, the inspection activity cost per unit of the total production before improvement is $2.64 per unit.

Now, to determine the activity cost per unit after the improvement we first multiple the current cost per unit with the random sample to calculate the new cost.

Then we divide the new activity cost with the total number of units. This is shown below:

Random Sample of Units x Activity cost per unit = New activity cost

5,000 x 2.64 = $13,200

New activity cost / Number of total units = Activity cost per unit (After Improvement)

13,200 / 40,000 = $0.33

Hence, the inspection activity cost per unit of the total production after improvement is $0.33 per unit.

3 0
3 years ago
Other questions:
  • A higher required reserve ratio​ _________ the value of the simple deposit multiplier.
    14·1 answer
  • Prizm and esris tapestry are two of the most widely used tools for _______ segmentation.
    9·1 answer
  • Kathy, a fashion model, witnessed a motor vehicle accident but did not stop because she was late for her pedicure and simply did
    9·1 answer
  • The Spokes Bikes makes 18 bicycle models in more than 2 million combinations, with each combination designed to fit the needs of
    6·2 answers
  • An example of transaction exposure is when:__________.
    13·1 answer
  • A $150,000 loan is to be amortized over 7 years, with annual end-of-year payments. Which of these statements is CORRECT? a. The
    14·1 answer
  • Importance of the different types of elasticity<br><br>​
    15·1 answer
  • An economist would be more likely to argue against reducing inflation if she thought that a. the central bank lacked credibility
    9·1 answer
  • To decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and
    15·1 answer
  • select the correct answer. weight management is one benefit of participating in sports. which sentence is true regarding weight
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!