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3 years ago

Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?

Business

1 answer:

8_murik_8 [283]3 years ago

7 0

Answer:

A reduced time in debt

Explanation:

Gina intends to purchase that motorbike on credit. By making a down-payment, Gina is reducing the amount she needs to borrow to buy the bike.

A reduced loan amount means that Gina will require less to repay. It also implies that the interest to be paid will reduce. Making the down-payment helps Gina stay in debt for a short period.

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Sunland’s Shop can make 1000 units of a necessary component with the following costs: Direct Materials $21000 Direct Labor 6000

algol13

Answer:

$9,000

Explanation:

Total variable cost of manufacturing the components are as follows;

Direct materials $21,000

Direct labor 6,000

Variable overhead 3,000

————

Total $30,000

If we purchase the cost is $39,000 and the company is indifferent if they will manufacture or purchase. Therefore;

$39,000 - 30,000 = $9,000 (unavoidable fixed cost)

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2 years ago

In its ads, Clorox touts the effectiveness of its Disinfecting Wipes by claiming that they disinfect better than those made by W

atroni [7]

Answer: I would say 2. Comparative advertising

Explanation: In terms of comparing Clorox is saying, “yeah we disinfect better than windex over there.”

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2 years ago

Dandee Lions, Inc. Has a cash balance of $105,000; accounts payable of $290,000; inventory of $213,000; accounts receivable of $

Firdavs [7]

Answer:

The answer is $758,000.

Explanation:

Net working capital is total current asset minus total current liability i.e total current asset - total current liability

Total current assets equals($918,000) $105,000 +$290,000 + $213,000 + $310,000.

Total current liabilities equal($160,000) $95,000 +$65,000

Therefore, net working capital is:

$918,000 - $160,000

= $758,000

3 0

2 years ago

Harrington Industries, which uses a process-costing system, had a balance in its Work-in-Process account of $68,000 on January 1

Murljashka [212]

Answer:

The question is missing the below options:

a) a debit to Cost of Goods Sold for $432,000.

b) a debit to Finished-Goods Inventory for $86,000.

c) a credit to Work-in-Process Inventory for $432,000.

d) a credit to Work-in-Process Inventory for $86,000.

e) a credit to Finished-Goods Inventory for $432,000.

The correct option is C,a credit to Work-in-Process Inventory for $432,000.

Explanation:

$432,000 would credited to Work-in-Process Inventory as that is the value of finished goods inventory in the period.The debit goes to the finished goods inventory as goods manufactured in the period.The $432000 is calculated thus:

Opening Work-in-Process $68000

Manufacturing costs $450000

Closing Work-in-Process <u>($86000)</u>

Finished goods <u>$432000</u>

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2 years ago

On January 1, 2013, the Excel Delivery Company purchased a delivery van for $44,000. At the end of its five-year service life, i

Lubov Fominskaja [6]

This question is really confusing. I have no idea how to solve it.

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3 years ago