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3 years ago

Very urgent, i need this answered asap

Business

1 answer:

inn [45]3 years ago

8 0

Answer:

Yes they offer no fee but then they want payed for a small fee....... Aaaa business this days

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Dynamic Production Services started the year with total assets of $130,000 and total liabilities of $50,000. The company is a so

____ [38]

Answer:

C) $40,000.

Explanation:

As we know, the net income is a difference between the total revenues and the total expenditure incurred

Net income = Total revenues earned - Total expenditure incurred

= $100,000 - $60,000

= $40,000

By subtracting the total expenses from the total revenues we can find out the net income and the same method is applied in the above calculation

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3 years ago

Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The compan

ivanzaharov [21]

Answer:

The sales unit to achieve a target profit of $6,250 is 545 units

The sales units to achieve to achieve a target profit of $9,400 is 590 units

Explanation:

The quantity at target profit=fixed cost+target profit/contribution per unit

fixed expense=$31,900

target profit $6,250

contribution per unit=$140-$70

=$70

unit sales at a target profit of $6,250=($31,900+$6,250)/$70

=545 sales units

fixed expenses $31900

target profit of $9400

contribution per unit is $70

unit sales at a target profit of $9,400=($31900+$9400)/$70

=590 sales unit

8 0

3 years ago

Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the

artcher [175]

Answer:

a. Journal Entry on September 1st, 2019:

Dr: Cash/ Bank $50,000

Cr: Short Term Loan $50,000

b. Journal Entry to accrue interest on December 31st, 2019 is:

Dr: Interest Expense $1,333.33

Cr: Accrues Interest Expense $1,333.33

c. Interest Expense on March 31st, 2020 is :

$1,000

d. The Total cash company will pay back on March 31st 2020:

52,333.33 (50,000 principal + 2,333.33 interest)

Explanation:

b. Annual Interest is $50,000×8% = $4,000 per annum.

The annual interest rate is prorated for 4 months (Sept 2019 -Dec 2019)

$4,000 *4/12 = $1,333.33

c. Interest expense for next fiscal year up till March 2020 is calculated by prorating annual interest expense for 3 months (Jan 2020- Mar 2020)

$4,000×3/12 = $1,000

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3 years ago

A.j. is applying for a new job with a large company. as part of the application process,

alukav5142 [94]

The appropriate response is Minnesota Multiphasic Personality Inventory. It is an institutionalized psychometric trial of grown-up identity and psychopathology. Analysts and other psychological wellness experts utilize different variants of the MMPI to help create treatment arranges; help with the differential conclusion; help answer legitimate inquiries; screen work hopefuls amid the faculty determination handle; or as a component of a restorative evaluation system.

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3 years ago

The price of gasoline in Europe is about three times that in the United States, mainly because the European gas tax is higher t

Phantasy [73]

Answer:Raising the gas tax will likely encourage more non-highway related spending.

An increase in gas taxes will hurt middle-income Americans the most.

A gas tax hike will increase the price of consumer goods.

Tax hikes have a negative impact on economic growth.

Raising the gas tax will not solve the real problem.

Explanation:Lower gas price could add much as half a percentage point to the GDP growth in United States of America.

5 0

3 years ago

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