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bonufazy [111]
3 years ago
13

You received a great money-saving credit card offer in the mail, complete with a rewards program. After you read on further, how

ever, you find that the one dollar spent for every mile earned may not be such a great offer after all, since getting a $500 airline ticket only happens after you first acquire 25,000 miles (spending $25,000 to do so). This is a ________ schedule.
Business
1 answer:
stepan [7]3 years ago
3 0

Answer:

Fixed ratio

Explanation:

Fixed ratio schedule is a type of schedule where in order to achieve something you have to perform a certain procedure, a task, specified number of operations or steps etc. The above example is a fixed ratio schedule because, in order to get a 500$ ticket, it is necessary to acquire 25,000 miles by spending 25000%.

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Lewis Company traded machinery with a book value of $950,000 and a fair value of $900,000. It received in exchange from Timmons
Komok [63]

Answer:

Lewis should recognize a gain on the exchane of $13,636

Explanation:

In order to calculate the amount of gain or loss should Lewis recognize on the exchange, first we have to determine the amount of gain with the followig formula:

Gain=Total value of the machine received-Book value of machine exchanged

     =(cash received+fair value of machine received)- $950,000

     =($100,000+$1,000,000)-$950,000

     =$ 150,000

Next, In order to calculate the amount of gain or loss should Lewis recognize on the exchange we have to use the following formula:

recognize gain or loss=( <u>      cash received       )</u>× gain

                    cash received+fair value of equipment received

                                   =  (<u>    $ 100,000     </u>)× 150,000

                                  $100,000+$1,000,000

                                   =$13,636

Lewis should recognize a gain on the exchane of $13,636

8 0
3 years ago
The basic economic cost of unemployment is forgone ______. Multiple choice question. inputs output supply labor
Elena L [17]

Forgone output is the fundamental economic cost of unemployment. So, output (option (b)) is the right choice.

<h3>Forgone labour output </h3>

Forgone labour output is the amount of money that persons would have made over the course of their remaining working lives, discounted to the current year if they had not passed away too soon. Forgone labour production, like other accounting metrics like the Gross Domestic Product (GDP), is not meant to represent a gauge of society's prosperity. This brings us to the welfare-based approach, which is the second method for estimating the costs of premature death.

The potential for the production of goods and services is lost forever when the economy fails to provide enough jobs for everyone who is able and willing to work.      

Learn more about Forgone labour output here:  

brainly.com/question/16690539    

#SPJ4

4 0
1 year ago
Which of the following statements regarding life insurance needs is / are correct? 1. The human life value approach looks forwar
Tresset [83]

Answer:

The human life value approach looks forward for information.

and

The capitalization of income approach looks at right now only for information.

Explanation:

A life insurance is a form of agreement entered into by an individual and an insurance firm whereby some amount is to be paid to the next of kin of the individual under the insurance. It can also be in the form of payment of bills in the case of the illness of the individual under insurance.

The individual either pays in batches or a one time payment to the insurance agency.

The individual current value is normally considered in analysing his assets and income.

7 0
3 years ago
Galvanized Products is considering purchasing a new computer system for their enterprise data management system. The vendor has
jok3333 [9.3K]

The purchase price is 90,000

3 0
3 years ago
SmartSC purchases from Supplier A are priced at $30 each and used at the rate of 600 units per month. Components purchased from
artcher [175]

Answer:

SmartSC

The economic order quantity (EOQ) for Supplier A is:

= c) 253

Explanation:

a) Data and Calculations:

                               Supplier A       Supplier B

Price per unit                $30                 $6

Annual unit demand 7,200            3,000

Annual holding cost      $9                 $1.80 ($6 * 30%)

Ordering cost              $40

Economic order quantity for Supplier A = square root of (2 * D * S)/H

where D = Annual demand in units

S = Ordering cost per order

H = Holding cost per unit

= square root of  (2 * 7,200 * $40)/$9

= square root of 64,000

= 253

7 0
3 years ago
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