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devlian [24]
2 years ago
9

What is the discounted price for a piece of software that has a list price of $49.99 if we are discounting it by 20%? (Required)

Business
1 answer:
tino4ka555 [31]2 years ago
3 0

Answer:

39.992

Explanation:

divide 20 by 100 multiply it to 49.99 then subtract answer from 49.99

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At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 914,000 Credit sales 31
Lyrx [107]

Answer:

a.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $15,700

              Allowance for doubtful expense account                            $15,700

<u>Working</u>

= 5% * 314,000

= $15,700

b.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭36,840‬

              Allowance for doubtful expense account                            $‭36,840‬

<u>Working </u>

= 3% * (Cash sales + Credit sales)

= 3% * (914,000 + 314,000)

= $‭36,840‬

c.

Date       Account Title                                                      Debit              Credit

Dec, 31   Bad debt expense                                          $‭‭17,520

              Allowance for doubtful expense account                            $‭‭17,520

<u>Working</u>

= (8% * Year end accounts receivable) + Debit balance for Allowance for doubtful account

= (8% * 139,000) + 6,400

= $‭17,520‬

8 0
2 years ago
During its first month of business, Kochanski Company reported net cash flows from operating activities of $5,000, net cash flow
sineoko [7]

Answer:

Net cash increase is $45000.

Explanation:

Net cash flow from (OA) operating activity = $5000

Net cash flow from (I) investing  = $10000

Net cash flow from (F) financing activity = $50000

Net cash increase = Operating activity cash flow + Financing activity cash flow - Net cash flow from investing  

Net cash increase = 5000 + 50000 – 10000

Net cash increase = 45000

3 0
3 years ago
A survey of 50 retail stores revealed that the average price of a microwave was $375 with a sample standard deviation of $20. As
ohaa [14]

Answer:

True cost of the microwave is in 99% confidence interval: c. $323.40 to $426.60

Explanation:

Relevant data:

n=50\\\mu=375\\\sigma=20\\\alpha=0,001

As we want to know the 99% confidence interval, the significance level is:

(1-\alpha).100\%=99\%\\1-\alpha=0.99\\\alpha=0.01

We need to estimate a confidence interval by a two tailed normal bell. Then we have:

Z_{\alpha/2}=Z_{0.005}

The z-value for a probability of 0.005 in a normal standard distribution is 2.576

Confidence interval is given by;:

\=x\±Z_{\alpha/2}\sigma\\375\±Z_{\0.005}(20)\\375\±(2.58)(20)\\375\±51.60

375+51.60=426.60\\375-51.60=323.40

True cost of the microwave is in 99% confidence interval: c. $323.40 to $426.60

6 0
3 years ago
Assume it costs Lady Marion Seafood, Inc. $30 to each catch, process, freeze, package, and ship 5 pound packages of Alaskan Salm
saul85 [17]

Answer:

Standard markup pricing

Explanation:

Standard markup is a quick and easy way to find out how much you pay for your goods or services.

After calculating the actual cost of the product, the seller or business owner adds a percentage of the actual cost of the product to arrive at its selling price.

so here

Actual cost =  $30  

Markup =  60% of actual cost

Markup  = 0.6 × $30

Markup  = $18

so selling price is

selling price = $(30 + 18)

selling price = $48

4 0
3 years ago
A management system that coordinates and integrates all of the activities performed by member companies into a seamless process,
ella [17]

Answer:

Supply Chain Management

4 0
3 years ago
Read 2 more answers
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