Answer:
$224,000
Explanation:
The computation of the borrowed cash amount is shown below:
= Cash balance + expected cash receipts - expected cash disbursements - minimum monthly balance
= $3,461,000 + $712,000 - $1,397,000 - $3,000,000
= $224,000
Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly balance to the cash balance so that accurate value can come.
I would recommend a savings account
Based on the time it takes Leo when he uses two machines, the length of time it will take if the large copier is broken is <u>75 minutes. </u>
<h3>How long will it take if the large copier is broken?</h3><h3 />
This can be found by the formula:
= 1 / ( (1 / time taken with both copiers) - (1 / time taken with large copier) )
Solving gives:
= 1 / ( ( 1 / 30) - (1 / 50))
= 1 / (1 / 75)
= 75 minutes
Find out more on budget reports at brainly.com/question/25812320.
Answer:
Mark-up = 50%
Explanation:
Given the following data;
Selling price = 15 Pesos
Purchasing cost = 10 Pesos
To find the mark-up;
First of all, we would determine the profit;
Profit = 15 - 10
Profit = 5 Pesos
Now, we can solve for the mark-up using the formula below;
Mark-up = 50%
