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2 years ago

The chart attached shows the costs and shipping times for materials that a company needs to build a new product.

Business

2 answers:

Westkost [7]2 years ago

8 0

Answer:

D. Even though the shipping time is longer, they should order the imported materials because they are less expensive and should arrive in plenty of time to build the product.

~batmans wife dun dun dun...aka ~serenitybella

Volgvan2 years ago

3 0

D. Even though the shipping time is longer, they should order the imported materials because they are less expensive and should arrive in plenty of time to build the product.

They have two years to build the product. They should go with low cost to save for unforseen complications, like unexpected increase in assembly price.

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A smaller business with variable cash flow is looking to establish a pension plan for its 50 employees. It wants a plan that all

nasty-shy [4]

Answer:

SEP IRA

Explanation:

A SEP IRA means , a Simplified Employee Pension IRA, which is easier to set up and administrate than most other pension plans.

The Simplified Employee Pension IRA allows the employer to make a deductible contribution of a maximum of 25% of an employee's income (20% effective rate), capped at $54,000 in 2017.

The Simplified Employee Pension IRA has a key advantage which is that, it allows the employer to vary the contribution percentage each year .

In this case, a smaller business should make use of Simplified Employee Pension IRA, because it is easier to set up and have other benefits that are okay for such type of business.

3 0

2 years ago

Read 2 more answers

Sweet Company borrowed $34,800 on November 1, 2020, by signing a $34,800, 9%, 3-month note. Prepare Sweet’s November 1, 2020, en

nikitadnepr [17]

Answer:

Explanation:

The journal entries are shown below:

On November 1

Cash A/c Dr $34,800

To Notes payable A/c $34,800

(Being issuance of the note payable is recorded)

On December 31

Interest expense A/c Dr $522

To Interest payable A/c $522

(Being accrued interest adjusted)

The computation is shown below:

Principal × rate of interest × number of months ÷ (total number of months in a year)

= $34,800 × 9% × (2 months ÷ 12 months)

= $522

The two month is calculated from the November 1 to December 31

On February 1

Interest Expense A/c Dr $261

Interest payable A/c Dr $522

Note Payable A/c Dr $34,800

To Cash A/c $35583

(Being payment is recorded)

The computation is shown below:

Principal × rate of interest × number of months ÷ (total number of months in a year)

= $34,800 × 9% × (1 months ÷ 12 months)

= $261

The one month is calculated from the January 1 to February 1

5 0

2 years ago

Which of the following would be a good opening statement to make to a new prospect as you visit for the first time with him?

bonufazy [111]

I think the answer is D

6 0

3 years ago

Read 2 more answers

What are the Holland codes?

kirill [66]

Realistic investigate artistic social enterprising and conventional. these are the holland codes that were made by john holland to help collage level students.

4 0

2 years ago

Read 2 more answers

Method A assumes simple interest over final fractional periods, while Method B assumes simple discount over final fractional per

Marina86 [1]

Answer:

The answer is "1.1"

Explanation:

In the case of a single Interest, the principal value is determined as follows:

$\ I = Prt \\\ A = P + I\\A = P(1+rt) \\\\A = amount \\P= principle\\r = rate\\t= time$

In case of discount:

$D = Mrt \\P = M - D \\P = M(1-rt)\\\\Where, D= discount \\M =\ Maturity \ value \\$

Let income amount = 100, time = 1.5 years, and rate =20 %.

Formula:

A = P(1+rt)

A =P+I

by putting vale in the above formula we get the value that is = 76.92, thus method A will give 76.92 value.

If we calculate discount then the formula is:

P = M(1-rt)

M = 100 rate and time is same as above.

$P = 100(1-0.2 \times 1.5) \\P = 100 \times \frac{70}{100} \\P = 70$

Thus Method B will give the value that is 70

calculating ratio value:

$ratio = \frac{\ method\ A \ value} {\ method \ B \ value}\\\\\Rightarrow ratio = \frac{76.92}{70}\\\\\Rightarrow ratio = \frac{7692}{7000}\\\\\Rightarrow ratio = 1.098 \ \ \ \ or \ \ \ \ 1.$

4 0

3 years ago