Answer:
$201.32
Explanation:
100
+2x20=40
+6×10= 60
+4×.25= 1
+ 5x.05= .25
+ .07
100+40+60+1+.25+.07= 201.32
Answer:
$7,250,500
Explanation:
Given that 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale, it means that cash collection for third quarter per budget will comprise;
- 40% sales for the 3rd quarter
- 70% of 60% sales in the 3rd quarter and
- 30% of 60% sales in the 2nd quarter
Furthermore, if estimated sales for first quarter is 270000 units and sales will increase by 11000 units each quarter over the year then,
2nd quarter sales
= 270,000 + 11,000
= 281,000 units
3rd quarter sales
= 281,000 + 11,000
= 292,000 units
and Each unit sells for $25
Hence , Cash collections for the third quarter are budgeted
= $25 * 40% * 292,000 + $25 * 70% * 60% * 292,000 + $25 * 30% * 60% * 281000
= $2,920,000 + $3,066,000 + $1,264,500
= $7,250,500
Answer:
Price and quantity of chickens sold will increase.
Explanation:
Due to the prevalence of the mad cow disease, demand for cow meat will go down. Since chicken is a substitute for cow meat and there is a breed that grows twice as much with the same feeds, the demand for chicken will rise.
In economics when other factors apart from price changes it results in demand shift. In this instance demand will shift to the right.
As illustrated in the attached diagram, there will be higher quantity demanded at higher prices than before.
Answer:
Depletion of the timber tract $224,000
Depreciation of the logging roads $19,200
Explanation:
Explanation:
Timber tract:
$2,980,000 -$740,000 /$6,400,000 board feet
=$2,240,000/$6,400,000
=0.35
=Terra logged 640,000 ×0.35
=$224,000
Logging roads:
$192,000 /$6,400,000 board feet
=$0.03 per board foot
=Terra logged 640,000 ×0.03
$19,200 depreciation
Therefore Depletion of the timber tract is $224,000 while Depreciation of the logging roads is $19,200
Based on the various entries for fixed assets owned by Dynamic Resources, the net PP&E as of June 30, 2017 is $2,260 million.
<h3>How much is the PP&E as of June 30, 2017?</h3>
This can be found as:
= (Value of old assets - Old asset depreciation in 2017) + (Value of new assets - New asset depreciation in 2017)
Value of old assets:
= 1,600 - 200 for sale of assets - 250
= $1,150 million
Net PP&E is:
= (1,150 - (1,150 / 10 years)) + (1,400 - (1,400 / 8 years useful life))
= $2,260 million
Find out more on calculating the net PP&E at brainly.com/question/17218845.
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