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Igoryamba
2 years ago
15

Grace manufactures and sells miniature digital cameras for exist330 each. 2,000 units were sold in May, and management forecasts

4% growth in unit sales each month.
Determine the number of units of camera sales for the month of June.
Number of camera sales ______________ units
Determine the dollar amount of camera sales for the month of June.
Amount of camera sales ____________
Business
1 answer:
svetlana [45]2 years ago
5 0

Answer:

2,080 units

$686,400

Explanation:

The computation of the number of camera sales in units is shown below:-

Number of camera sales in units = Sold units + (Sold units × Percentage of growth in units sales)

= 2,000 + (2,000 × 4%)

= 2,000 + 80

= 2,080 units

The computation of the amount of camera sales is shown below:-

Amount of camera sales = Number of units × Selling price per unit

= 2,080 × $330

= $686,400

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Truman Co. sells a large number of common household items, while Stapleton sells a small number of expensive items. The two comp
slava [35]

Answer:

Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )

Explanation:

Truman sell a large number of common household items ( assuming 100 unit )

while Stapleton sells a small number of expensive items ( assuming 20 units )

lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit

with the above assumptions

Truman gross profit ratio = $5 * 100 units = $500

Stapleton gross profit ratio = $50 * 20 units = $1000

from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units

4 0
3 years ago
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $25
JulijaS [17]

Answer:

Please find the complete solution in the attachment file.

Explanation:

Please find the attachment table for the 3 years of cash flow:

5 0
3 years ago
George is going shopping for a new car to replace his old one. Which of these costs would be
uranmaximum [27]

The cost that would relevant in the choice of a new car is the the cost to operate the new vehicles.

<h3>What cost would be relevant?</h3>

The cost that would be relevant in the choice of a new car is the cost that is dependent on the type of car chosen. The cost to operate the new car would depend on the type of car chosen. If George buys a more fuel efficient car, the cost of running the car would be cheaper.

To learn more about cost, please check: brainly.com/question/27127934

4 0
2 years ago
Global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skil
GuDViN [60]

Answer:

True

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This is true that global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skilled workers admitted from other countries.

8 0
3 years ago
Vandiver Company had the following select transactions:
Tamiku [17]

Answer:

1. April 1, 2017 Accepted Goodwin Company's 12-month, 10% note in settlement of a 30400 account receivable

Dr Notes receivable__30.400

Cr Accounts receivable______30.400

2.July 1, 2017 Loaned 32,400 cash to Thomas Slocombe on a 9-month, 8% note.

Dr Notes receivable__32.400

Cr Cash___________________32.400

3. Dec. 31, 2017 Accrued interest goodwin company

Dr Interest receivable_2.280

Cr Interest revenue_______2280

3. Dec. 31, 2017 Accrued interest slocombe

Dr Interest receivable_1.296

Cr Interest revenue_______1.296

4.Apr. 1, 2018 Received principal plus interest on the Goodwin note.

Dr Cash_33.440

Cr Notes receivable_____30,400

Cr Interest revenue________760

Cr Interest receivable_____2280

5. Apr. 1, 2018 Thomas Slocombe dishonored its note; Vandiver expects it will eventually collect

Dr Accounts receivable_33.944

Cr Notes receivable______32.000

Cr Interest revenue_________648

Cr Interest receivable______1296

Explanation:

Interest calculation Goodwin

Account receivable_30400

Interest rate_________10%

Interest___________3040 12 months

Interest___________2280 From april 2018  to december 2018

Interest____________760   From january 2018 to march 2018

   

Interest calculation Slocombe  

Account recievable_32400

Interest rate_________8%

Interest__________2592

Monthly___________216  

Interest__________1296 6 months interest

Interest___________648  3 months interest

6 0
3 years ago
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