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mojhsa [17]
3 years ago
13

Garza company had sales of $149,000, sales discounts of $2,225 and sales returns of $3,525. Garza's net sales equals

Business
1 answer:
nika2105 [10]3 years ago
4 0

Answer:

Garza's net sales equals $143250.

Explanation:

Net sales = gross sales - sales return - sales discount

                = $149,000 - $3,525 - $2,225

                = $143250

Therefore, Garza's net sales equals $143250.

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An investment offers $2,374 per year for 13 years, with the first payment occurring 1 year from now. If the required return is 8
Rom4ik [11]

Answer:

PV=  $18,763.56

Explanation:

Giving the following information:

Annual payment (A)= $2,374

Number of payments= 13

Discount rate (i)= 8%

<u>To calculate the present value, we need to use the following formula:</u>

<u></u>

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

PV= 2,374*{(1/0.08) - 1 / [(0.08*(1.08^13)}}

PV=  $18,763.56

6 0
3 years ago
PLZ HELP I AM TIMED!!!!!!
jeka94

Answer:

I think the third option is easy for you

7 0
3 years ago
Read 2 more answers
Despite its drastic downsizing a decade ago under a federally funded bailout and bankruptcy​ restructuring, General Motors again
zalisa [80]

Answer:

The question is actually missing (see attached image):

the answer is:

D. Less than that of its competitors.

Explanation:

Personally, I believe that GM is an extremely spoiled child that refuses to assume responsibility for its continuous and never ending mistakes. GM has either filed for bankruptcy or threatened to do so twice in the last 30 years or so, and every time the US government has to bail them out. But GM keeps doing things wrong.

It doesn't matter if you like their cars or not, GM is terribly managed. No other company in US history has received so much financial aid from the government and continued to lose money and work inefficiently. The problem is that whenever things go wrong, stockholders lose their money but the executives keep getting tens of millions of dollars. If a company is managed in such a disastrous way, their top management shouldn't get paid that much.

A car factory costs a lot of money, and not using it efficiently is outrageous considering GM's history. If they had never received a cent from the government, then its only their problem. But the government lost $11.2 billion on GM's last bailout. During the 1980s GM lobbied fro the government to impose import quotas on Japanese cars because they were better cars and GM couldn't compete against them. So whenever they do things wrong, big brother has to help them. During the last couple of years GM had to sell most of its foreign operations in order to get cash, and you generally do not make money by selling your assets.

6 0
3 years ago
Major E. has just opened a cooking school focusing on basic meals for new cooks. Each student pays $15 per class and receives al
Shalnov [3]

Answer:

It will need to collect 800`s $15 class

Assuming 4 clases per month

200 student

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

15 - 6 = <em>9 Contribution Margin</em>

<em />

<em>Fixed Cost</em>

2 employee 2,400

mayor salari 1,800

equipment dep 1,000

utilities 240

Total fixed 5,440

\frac{Fixed\:Cost + Target\: Profit}{Contribution \:Margin \:Ratio} = Sales\: to\: Profit{dollars}

(5,440+1,760)/9 = 800

7 0
4 years ago
Which of the following is not a capital expenditure? Multiple Choice Advertising expenditures to introduce a new product line Sa
Aliun [14]
<h3>Advertising expenditures to introduce a new product line is not a capital expenditure. </h3>

Explanation:

  • Buying a new machinery and associated sales tax is a capital investment.
  • Installation of elevators to replace escalators is a capital investment.
  • Purchasing a patent is a capital investment.
  • Advertising costs will in most cases fall under sales, general, and administrative (SG&A) expenses on a company's income statement.

So, Advertising expenditures to introduce a new product line is not a capital expenditure.

8 0
3 years ago
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