Ask question

Ask question

All categories

riadik2000 [5.3K]

3 years ago

9

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in

terest

2 answers:

eimsori [14]3 years ago

8 0

Answer:

Annual Compounding

Explanation:

Aleks04 [339]3 years ago

4 0

You didn't give us any options in your question.

You might be interested in

The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-

Ksenya-84 [330]

Answer:

contribution margin of nylon blankets = $64

contribution margin of wool blankets = $120

annual fixed costs = $743,000

sales mix = 75% nylon blankets, 25% wool blankets

weighted contribution margin = ($64 x 75%) + ($120 x 25%) = $78

if TBC wants ot make $115,000 in profits it must sell:

= ($743,000 + $115,000) / $78 = 11,000 units

TBC must sell 2,750 wool blankets and 8,250 nylon blankets.

The Blanket Company (TBC)

Income Statement

Sales revenue $1,804,000

Variable costs <u>($946,000)</u>

Contribution margin $858,000

Fixed costs <u>($743,000)</u>

Operating income $115,000

4 0

3 years ago

The bookkeeper for Blossom Company asks you to prepare the following accrual adjusting entries at December 31. (If no entry is r

Alchen [17]

Answer:

The adjusting entries are given below

Explanation:

Adjusting Entries

Dec 31 (Accrued Interest) Debit Credit

Interest expense $410

Interest payable $410

Dec 31 (Service Revenue) Debit Credit

Account receivable $1,790

Service revenue $1,790

Dec 31 (Salary expense) Debit Credit

Salary expense $750

Salary payable $750

7 0

3 years ago

A coffee shop buys 2000 bags of their most popular coffee beans each month. The cost of ordering and receiving shipments is $12

aleksley [76]

Solution :

The optimal order quantity, EOQ = $\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$

EOQ = $\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$

= 115.47

The expected number of orders = $\frac{\text{demand}}{EOQ}$

$=\frac{2000}{115.47}$

= 17.32

The daily demand = demand / number of working days

$=\frac{2000}{240}$

= 8.33

The time between the orders = EOQ / daily demand

$=\frac{115.47}{8.33}$

= 13.86 days

ROP = ( Daily demand x lead time ) + safety stock

$=(8.33 \times 8)+10$

= 76.64

The annual holding cost = $\frac{EOQ}{2} \times \text{holding cost}$

$=\frac{115.47}{2} \times 3.6$

= 207.85

The annual ordering cost = $\frac{\text{demand}}{EOQ} \times \text{ordering cost}$

$=\frac{2000}{115.47} \times 12$

= 207.85

So the total inventory cost = annual holding cost + annual ordering cost

= 207.85 + 207.85

= 415.7

6 0

2 years ago

Does biden have the political capital to pass his social infrastructure bill

lisov135 [29]

Based on the current political situation, Yes, <u>President Biden</u> has the political capital to pass his social infrastructure bill.

<h3>What is Political Capital?</h3>

Political Capital is a term used to describe the total resources and power established through connections, trust, goodwill, and influence among politicians over time.

Given that President Biden was once a senator and Vice President of the United States, he must have built many cordial relationships among many old-time senators and representative members in the US Congress.

Hence, in this case, it is concluded that the correct answer is " <u>Yes, President Biden has the political capital to pass his social infrastructure bill."</u>

Learn more about Political Capital here: brainly.com/question/7448602

8 0

2 years ago

Read 2 more answers

________ is th term assembly line refers to progressive assembly linked by some material handling device.

jasenka [17]

Answer: Assembly line

Explanation:

An assembly line is the term which is used to define the production process and it is used for assigning the different types of responsibilities and duties for the purpose of accomplish the given task.

The main objective of the assemble line is that it helps in assembling the product by using the various types of machines or equipment in a sequential manner.

According to the given question, the assemble line is also known as the progressive assemble line which is basically handling the various types of devices. Therefore, Assembly line is the correct answer.

7 0

3 years ago