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Ronch [10]
3 years ago
12

A sum of money was shared

Business
2 answers:
zlopas [31]3 years ago
6 0

Answer:

6400

Explanation:

Let the shares of money for Joan and Ngozi be 5x and 3x respectively.

Joan's share = 40.00 (given)

Therefore,

5x = 40,00

x = 40,00/5

x = 800

5x + 3x

= 8x

= 8*800

= 6400

Original sum of money = 6400

kondor19780726 [428]3 years ago
3 0

Answer:

ATQ

5x+3x =40.00

7x =40.00

x= 40/7

x= 5.71

5x= 5.71×5= 28.57

3x= 5.71×3= 17 .13

Explanation:

please mark as brainliest

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McCallister's just purchased $16,500 worth of inventory. The terms of the sale were 1/15, net 45. What is the implicit interest?
Greeley [361]

The implicit interest based on the information given is $165.

<h3>How to calculate the interest?</h3>

It should be noted that the implicit interest is calculated as:

= Inventory worth × Discount rate

= $16500 × 1%

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Therefore, the implicit interest based on the information given is $165.

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brainly.com/question/24080432

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3 0
2 years ago
Royal Decking has five products in its inventory. Information about the December 31, 2021 inventory is below:
wariber [46]

Answer:

Royal Decking

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Product   Cost   Sales Price   NRV                          LCNRV

A              $40      $60           $44 ($60 - 12 - 4)      $40

B                80       100           $72 ($100 - 20 - 8)    $72

C                40        80           $60 ($80 - 16 - 4)       $40

D               100      130           $84 ($130 - 26 - 10)   $84

E                 20       30           $22 ($30 - 6 - 2)       $20

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$256,000

Explanation:

a) Data and Calculations:

Ending Inventory at December 31, 2021:

Product   Cost   Sales Price   NRV                          LCNRV  Inventory value

A              $40      $60           $44 ($60 - 12 - 4)      $40          $40,000

B                80       100           $72 ($100 - 20 - 8)    $72          $72,000  

C                40        80           $60 ($80 - 16 - 4)       $40          $40,000

D               100      130           $84 ($130 - 26 - 10)   $84           $84,000

E                 20       30           $22 ($30 - 6 - 2)       $20          $20,000

Total inventory value                                           $256       $256,000

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2 years ago
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Answer:

<u>Cowboy Law Firm</u>

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