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Naily [24]
3 years ago
8

What is the SAT?

Business
1 answer:
anyanavicka [17]3 years ago
8 0

Answer:

an exam to get into college

An SAT is a 160 question test that is taken in high school by seniors to have chances to get into college. You will also have a chance to take the ACT for higher colleges.

You might be interested in
The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:
Dvinal [7]

Answer:

1. $132,600

2. $7,700

3. $25,600

Explanation:

1. Calculation to determine Total current assets

First step is to calculate the Current liabilities using this formula

Current liabilities = salaries payable + accounts playable + accrued interest

Let plug in the formula

Current liabilities= 19000 + 58000 + 1000

Current liabilities= 78000

Now let calculate the Total current assets using this formula

Total current assets = current ratio * current liabilities

Let plug in the formula

Total current assets = 1.7* 78000

Total current assets = $132,600

Therefore Total current assets is $132,600

2. Calculation to determine Short-term investments

Using this formula

Short term investments = Current assets - [cash + accounts receivables + inventory]

Let plug in the formula

Short term investments = 132,600 - [6900 + 39,000 + 79,000]

Short term investments = $7,700

Therefore Short term investments will be $7,700

3. Calculation to determine the Retained earnings

Using this formula

Current assets + fixed assets = Current liabilities + Long term liabilities + paid in capital + retained earnings

Let plug in the

132,600 + 215,000 = 78,000 + 49,000 + 195,000 + Retained earnings

347,600 = 322,000 + retained earnings

Retained earnings = 347,600 - 322,000

Retained earnings = $25,600

Therefore Retained earnings will be $25,600

8 0
3 years ago
Use the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales 58,000
Tema [17]

Answer:

29,394 units

Explanation:

The formula for break even point is given as Fixed cost / Contribution margin.

Where;

Contribution margin = Sales per unit - Variable cost per unit

Given that ;

Fixed cost = $194,000

Unit selling price = $14.90

Unit variable cost = $8.30

Therefore;

BEP(units) = $194,000 / $14.90 - $8.30

= $194,000 / $6.6

= 29,394 units

5 0
3 years ago
This year, the annual tuition at a public four-year university is $5,290. Next year when Jarrod attends his first year, the tuit
xxMikexx [17]

The correct statement is that the minimum contribution to be saved by Jarrod on a monthly basis should be $461. So, the correct option from the choices given above is B.

The monthly contribution can be calculated by taking into consideration the rise in tuition fee and then dividing such obtained amount by number of months left for such accomplishment of savings.

<h3>Calculation of monthly contribution.</h3>

  • The formula for calculation of tuition fees of university will be computed by the formula using the given information as,

  • \rm Tuition\ Fee = Current\ Fee+ Increment \\\\\rm Tuition\ Fee= 5290 + 4.5\%\\\\\rm Tuition\ Fee= \$5528.05

  • The monthly contribution can be calculated by using the available values in the formula as,

  • \rm Monthly\ Contribution= \dfrac{Tuition\ Fee}{Period}\\\\\\\rm Monthly\ Contribution= \dfrac{5528.05}{12}\\\\\rm Monthly\ Contribution=\$ 460.7

  • So the approximate monthly contribution to be made by Jarrod will be $461 every month.

Hence, the correct option is B that the approximate minimum monthly contribution to be made by Jarrod to save for university tuition fee will be $461.

Learn more about monthly contribution here:

brainly.com/question/6189853

5 0
2 years ago
A company with fixed costs of $10,000 per month has a target price of $165 for their sole product, a heat shield for masonry fir
Yakvenalex [24]

Answer:

b. between 70 and 80 units

Explanation:

In this question we have to compute the break even point in units which is shown below:

Break even point in units = (Fixed cost ) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

So, the units would be equal to

= ($10,000) ÷ ($165 - $35)

= $10,000 ÷ $130

= 76.92 units

5 0
3 years ago
Susan is thinking of putting her home up for sale but doesn't want to use a real estate agent. What are her options?
Crank

Answer:

(B) Susan may sell her property herself without obtaining a real estate license. Although she will be compensated for the sale of her home, she is not representing another person.

Explanation:

Since in the question it is mentioned that the susan is thinking for putting up her home on sale but dont want to use a real estate agent as she wants to represents herself not other person plus she also not providing the service for the another person as she is exempt from the license

So in this given case, the option B is correct

8 0
3 years ago
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