The correct answer is a/true because I go to the bank
Answer:
$22,000
Explanation:
Current liabilities are debts that a company must pay within a twelve month period.
This company's current liabilities are:
- Accounts payable $15,000
- Interest payable $7,000
Total current liabilities = $15,000 + $7,000 = $22,000
Since the note payable is due in 18 months, it is not considered a current liability.
Expected profit is the probability of receiving a profit multiplied by the profit
So
Strong 50,000 * .30 = 15,000
Moderate = 10,000 * .60 = 6,000
Recession = -50,000 * .10= -5,000
Add those up, and you should expect a profit of around 16,000
Answer:
C. 1.40x
Explanation:
1. Production:
November through February: x rakes/month* 4 months = 4x rakes.
2. Shipping and storage costs
March= 4x (initial stock) - x/2 (shipped) = 3.5 x (in stock) * 0.1$ = $0.35
April = 3.5x (stock at end of March) - x/2 (shipped) = 3x*0.1$ = $0.30
May = 3x (stock at the end of April) - x/2 (shipped) = 2.5x*0.1$ = $0.25
June= 2.5x (stock at the end of May) - x/2 (shipped) = 2x (in stock) * $0.1 = 0.2$
July = 2x (stock at end of June) - x/2 (shipped) = 1.5x*0.1$ = $0.15
August = 1.5x (stock at the end of July) - x/2 (shipped) = 1x*0.1$ = $0.1
Sept= 1x (stock at the end of August.) - x/2 (shipped) = 0.5 x (in stock) * $0.1 = $0.05
October = 0.5x (stock at end of sept.) - x/2 (shipped) = 0*$0.1 = $0
Total storage cost= $0.35x+$0.30x+$0.25x+$0.20x+$0.15x+$0.10x+$0.05x+$0x
Total storage cost = $1.40X