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Ymorist [56]
3 years ago
9

A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?

Business
1 answer:
VMariaS [17]3 years ago
6 0
Cost price = 6,500
Selling price + profit = 9500
Profit gained = 9,500 - 6,500 = $3000
Number of tires bought = 3000/50 = 60
The dealer bought 60 tires.

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The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.

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Question

Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from customers, $325,000; Cash paid for rent, $37,000; Cash paid to employees for services rendered during the year, $117,000; Cash paid for utilities, $47,000. In addition, you determine that customers owed the company $57,000 at the end of the year and no bad debts were anticipated. Also, the company owed the gas and electric company $1,700 at year-end, and the rent payment was for a two-year period. Calculate accrual net income for the year.

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for (i = 0; datasamples[i] < NUM_POINTS ; ++i) {

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Explanation:

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