Answer:
accrued interest for the note: 307,500
Explanation:
installment of 2,050,000
outstanding principal 4,100,000
Accrued interest from October to June 30th: 9 months
To get the interest we use the folowing formula:
principal x rate x time = interest
Being time and rate express in the same metric that is, the rate is annual therefore, time is expressed as the portion of a year.
4,100,000 x 0.10 x 9/12 = 307,500
Answer:
The company that is most likely not be able to increase prices in near future is Option A: A firm in a capital-intensive industry in which excess capacity exists.
Explanation:
Capital intensive industry are the industries that require huge investments as they are ones which have big machinery and infrastructure. They make huge profits as well. Initially industrial progress was expensive and people faced many problems in their business in the late 19th century. The start up costs of these bug industries used to extremely high.
Excess capacity means a situation where the demand for the goods is less than productive capacity. Thus, Option A industries are very less likely to increase prices in near future as it has excess capacity.
96,000 is the cost of goods sold.
Beginning inventory, $30,000;
Add: Purchases, $90,000.
Less: Ending inventory $24,000;
Cost of Goods Sold $96,000
Cost of Goods Sold is the number of direct materials, direct labor, and manufacturing overhead charged to the units sold during the period. Presented as a deduction from net sales to obtain gross margin for the period. The cost of goods sold is the total amount paid by a company for expenses directly related to the sale of its products. Depending on the business, this may include direct labor associated with manufacturing or selling products, raw materials, packaging, and merchandise purchased for resale purposes.
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In this item, we let the number of tickets sold to the adults as x. With this, we can let the number of tickets sold to students with y.
In this item, we are given that the sum of the number of students and adults is equal to 600. Further, we are also given that the difference is 150. The system of linear equation that would allow us to solve this item is,
x + y = 600
x - y = 150
Adding up the two equations will give us,
2x = 750
Dividing by 2,
x = 375
Substituting this value to the first equation,
375 + y = 600
y = 225
Therefore, there are 375 and 225 number of tickets sold to adults and students, respectively.
Yes, its is the only thing marketing mix does.