Answer:
Pseudocode:
Start
Double balance
READ the current credit card balance
Store it in balance variable
Double newPurchaseAmount
READ new purchased amounts
Double allPaymentAmount
Read all payment amounts
Double newBalance=(balance+newPurchaseAmount)-allPaymentAmount
If(newBalance<100)
newBalance=newBalance+(newBalance*0.08)
If(newBalance>100 && newBalnce <=500)
newBalance=newBalance+(newBalance*0.12)
If(newBalance>500)
newBalance=newBalance+(newBalance*0.16)
11. stop
Explanation:
Answer:
If Florida experiencing a hurricane which knocked out the regional water supply for several days then the demand for bottled water increased remarkably. This increase in the demand of bottled water shifts the demand curve rightwards and supply curve remains the same. This shift in the demand of bottled water will increase the equilibrium price and equilibrium quantity in a market economy.
Answer:
$ 15,480
Explanation:
Data provided:
Beginning merchandise inventory = $ 52000
merchandise purchased = $ 280000
Freight charges = $ 9000
Returned merchandise = 4000
Discounts provided = 2/10 = 0.2 = 2%
thus,
for purchase merchandise, total discount = (Purchased - returned) × 2% = = (280000-4000) × 0.2 = $ 5520
Thus,
the cost of goods available for sale = (Beginning merchandise inventory + merchandise purchased + Freight charges - Returned merchandise - Discounts provided )
or
the cost of goods available for sale
= $52000 + $280000 + $9000 - $4000 - $5520 ) = $ 331,480
Also, Cost of goods sold = $ 316000
Hence,
The ending inventory = cost of goods available for sale - Cost of goods sold or
The ending inventory = $ 331,480 - $ 316000 = $ 15,480