Which of the following types of business does not require an attorney to set up?

Which of the following statements is correct?

myrzilka [38]

Answer:

A

Explanation:

7 0

4 years ago

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for

Talja [164]

Answer:

Total cost= $752,060

Explanation:

To calculate the fixed and variable cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (853,560 - 723,060) / (540,000 - 450,000)

Variable cost per unit= $1.45

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 853,560 - (1.45*540,000)

Fixed costs= $70,560

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 723,060 - (1.45*450,000)

Fixed costs= $70,560

Now, the total cost for 470,000 units:

Total cost= 70,560 + 1.45*470,000

Total cost= $752,060

7 0

3 years ago

During 2019, Ocean Consulting had the following transactions with it clients (customers): On February 1, 2019, the company recei

GalinKa [24]

Just add the number e s and you will end up with 60

3 0

3 years ago

What will happen to bond prices if terrorism ended and the world’s nations unilaterally disarmed and adopted free trade policies

Alexandra [31]

If terrorism ended and the world’s nations unilaterally disarmed and adopted free trade policies, Bond prices would drop rapidly which means there would be no more wars. Bond prices would fall straight down at high speed. If there were no more wars, the Government wouldn't need to buy weapons, then it wouldn't need to sell bonds to raise the money to pay for them. Thus, the value of bonds would diminish.

6 0

3 years ago

Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each needs to save enough to make a 20% down payment. For examp

Artist 52 [7]

Answer:

Mary Kate: $103,528.15

Ashley: $135,377.97

Dakota: $166,294.24

Elle: $187,409.00

Explanation:

Mary Kate

First, calculate the future value of investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $3,900 x ( 1 + 3% )^5 - 1 / 3% = $20,705.63

Amount affordable = Future value of investment / Rate of down payment = $20,705.63 / 20% = $103,528.15

Ashley

First, calculate the future value of investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $4,900 x ( 1 + 5% )^5 - 1 / 5% = $27,075.59

Amount affordable = Future value of investment / Rate of down payment = $27,075.59 / 20% = $135,377.97

Dakota

First, calculate the future value of the investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $5,900 x ( 1 + 6% )^5 - 1 / 6% = $33,258.85

Amount affordable = Future value of investment / Rate of down payment = $33,258.85 / 20% = $166,294.24

Elle

First, calculate the future value of the investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $5,900 x ( 1 + 12% )^5 - 1 / 12% = $37,481.80

Amount affordable = Future value of investment / Rate of down payment = $37,481.80 / 20% = $187,409.00

7 0

3 years ago