Answer:
The correct answer is option (d) $8,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered.
Explanation:
Solution
Given that:
Spot rate:
1 euro = $1.41
Now,
Converting 400,000 euros into dollars gives us the following
400,000*1.41 =$564,000
Thys,
Contract rate,
=1 euro = $1.36
So,
Converting 400,000 euros into dollars gives us
400,000*1.36 = $544,000.00
Hence,
The increase in net income =$564,000- $544,000
=$20,000
The answer is: Jason can choose a term that ends when he wants to buy his car, and his money will earn more interest than in a simple savings account.
The purpose of choosing this type of account is to ensure that Jason's saving is locked until it reach the maturity date. With this, Jason limited himself from actually using the money for other purposes and he can focused on his goal of buying the car that he wants.
First, we can find how many cents there are in $10. 10 dollars x 100 cents per dollar = 1000. Then, we divide 1000 by 70 which is equal to 14.29, which rounds to 14. So, Jessica can buy 14 pencils.
To find how much is left we multiply 14 x .70 which gets $9.80. $10 - 9.80 = .20, so she will have 20 cents left over.
Hope I helped!
Answer:
I believe it is D.
Explanation:
Hope my answer has helped you and if not i'm sorry.
Answer:
A) <u>is a fixed cost of operating the tattoo parlor.</u><u> </u>
Explanation:
Fixed costs refer to those costs which do not change irrespective of the level of output. An example of fixed cost would be rent of the factory building which will be paid irrespective of the level of production.
In the given case, the person in question quit his job for operating an existing tattoo parlor against monthly payment of $4000. Since the amount of payment has been fixed and such payment is not dependent upon any other variable, such cost shall be classified as a fixed cost of operating the tattoo parlor.