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Sveta_85 [38]
3 years ago
10

Renting a car and paying $15 per day plus $.03 per mile driven is an example of what type of cost?

Business
1 answer:
PilotLPTM [1.2K]3 years ago
8 0
Actually the 15 dollars o a day would make it a fixed cost, but the 3 cents per mile is a variable cost.......hope I helped out, even if it was just a tad bit :)
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Bagrov Corporation had a net decrease in cash of $14,500 for the current year. Net cash used in investing activities was $56,500
irinina [24]

Answer:

c. $84,500 provided

Explanation:

Net decrease in cash = $14,500

Net cash used in investing activities = $56,500

Net cash used in financing activities = $42,500

Amount of cash was provided (used) in operating activities

= - $14,500 + $56,500 + $42,500

= $84,500

This is positive,hence provided. Th right answer is c. $84,500 provided

6 0
3 years ago
Delta Company produces a single product. The cost of producing and selling a single unit of the product at the company’snormal a
iogann1982 [59]

I assumed you typo 821 by $21 per unit, then the answer will be

1-  financial disadvantage of accepting the special order is loss of $60,000

2- a minimum selling price for these units should be $14.00

Explanation:

Loss of $60,000 = 15,000 x (14,000 – (5.1+3.8+1+4.2+1.5+2.4))

a minimum selling price for these units is $14.00 per unit because it’s the price the company can earn if accept a special order, though lower than cost of producing and selling at $18.00

6 0
3 years ago
Countess Corp. is expected to pay an annual dividend of $5.29 on its common stock in one year. The current stock price is $79.83
Nostrana [21]

Answer:

10.03%

Explanation:

Using the dividend discount formula, find the cost of equity; r

r = \frac{D1}{P0} +g

whereby,

D1 = Next year's dividend = 5.29

P0 = Current price of the stock = 79.83

g = growth rate of dividends = 3.40% or 0.034 as a decimal

Next, plug in the numbers to the formula above;

r = \frac{5.29}{79.83} +0.034\\ \\ r =0.06627 + 0.034\\ \\ =0.10027

As a percentage, r = 10.03%

Therefore, the company's cost of equity is 10.03%

7 0
3 years ago
Currently Baldwin is paying a dividend of $1.10 (per share). If this dividend stayed the same, but the stock price rose by 10% w
Flauer [41]

Answer:

Dividend yield = 227.06%

Explanation:

Assuming the Closing stock market summary for Baldwin company is $44.05

Dividend yield = Dividend * 100 / (Price* (1 + growth rate) )

Dividend yield = 1.10 * 100 / (44.05 * (1+0.10) )

Dividend yield = 1.10 * 100 / (44.05 * 1.10)

Dividend yield = 110 / 48.455

Dividend yield = 2.2706

Dividend yield = 227.06%

4 0
3 years ago
Which of the following is not a type of fiduciary fund?
snow_tiger [21]

Answer:

The correct answer is a.Special service funds

Explanation:

This corresponds to funds used for social investment. All financial resources of a tax and non-tax nature that are generated, obtained or originated in the production or provision of goods and services that the Executing Units or public entities carry out, in accordance with the Law. They are oriented to the attention of public budget expenditures.

6 0
3 years ago
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