Ask question

Ask question

All categories

3 years ago

6

Rent is $1,258. Phone charges last month were $46.88. Groceries cost about $115/week. What is a good estimate of your monthly ex

penses?
$1,460.00
$1,577.00
$1,807.00
$1,765.00

1 answer:

Papessa [141]3 years ago

6 0

I'd say $1,807.00 (C)

You might be interested in

No trespassing signs are an example of owners enforcing their right to

Ilia_Sergeevich [38]

Answer:

I guess the ans is their right to exclude people from your property.

4 0

3 years ago

Which probability distribution is commonly used to model the inherent variability of activity time estimates in project manageme

Ksivusya [100]

Answer:

Beta distribution

Explanation:

Beta distribution In probability theory

is regarded as a part of continuous probability distributions with a defined interval which could be 0 and 1, and it is characterized with two positive parameters (α and β) which is seen as

as exponents of the random variable .

It should be noted that Beta distribution probability is commonly used to model the inherent variability of activity time estimates in project management

5 0

2 years ago

Bruce, a buyer, contracted with Steve, a seller, to buy ten dozen bicycle tires for $960. Payment was due thirty days after deli

umka2103 [35]

Answer:

b. Hold the tires with reasonable care for disposition as the seller instructs.

Explanation:

When goods are non-conforming to contract, the buyer has the right to reject the goods. The seller also has the right to cure the defect or ensure conformity.

1. Buyer's right to reject: In this case the buyer has the right to reject the goods on inspection, and notify the seller within a reasonable amount of time.

2. Seller's right to cure: The seller has the right to cure defect on the goods, and this can be done where there is still time to rectify the defects noticed by the buyer. In this case, the buyer is not due to pay for the goods for the next 30 days.

The seller still has the opportunity to meet the contract standard and close the deal.

So option b is correct. The buyer holds the goods pending decision of seller to either cure defects on goods or retrieve the goods.

7 0

3 years ago

Suppose France can produce four phones or three computers with one unit of labor, and Sweden can produce one phone or two comput

lesya [120]

Answer:

Option (a) is correct.

Explanation:

France can produce four phones or three computers:

Opportunity cost of producing one phone = (3 ÷ 4)

= 0.75 computers

Opportunity cost of producing one computer = (4 ÷ 3)

= 1.33 phones

Sweden can produce one phone or two computers:

Opportunity cost of producing one phone = (2 ÷ 1)

= 2 computers

Opportunity cost of producing one computer = (1 ÷ 2)

= 0.5 phones

Therefore,

France has a comparative advantage in producing phones because of the lower opportunity cost of producing it than Sweden. France should specialize in producing phones and import computers from Sweden.

Sweden has a comparative advantage in producing computers because of the lower opportunity cost of producing it than France. Sweden should specialize in producing computers and import phones from France.

5 0

3 years ago

Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0

Tatiana [17]

Answer:

See explanation

Explanation:

Armstrong Co.

Multi-step Income Statement

For the year ended, December 31, 20YY

Sales $755,000

<u>Less: Cost of merchandise sold (330,000)</u>

Gross Profit $425,000

Less: Operating expenses

Administrative expenses $35,000

Selling expenses $50,000

<em><u>Total operating expenses $85,000</u></em>

Income from operation $340,000

Other revenue and expenses:

Rent Revenue $25,000

interest expense ($30,000)

<u>Total other revenues (expenses) $(5,000)</u>

Income before taxes $335,000

<u>Less: Income Tax 0</u>

Net Income (loss) $335,000

That is the appropriate way to prepare a multi-step income statement

3 0

3 years ago