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dybincka [34]
3 years ago
13

Sam, Joe, Lynn, and Kori are four business colleagues traveling together on a business trip. There are four adjacent seats avail

able on the plane. Kori and Lynn have to conduct some work on the plane and would like to sit next to each other. Kori does not want to sit next to Sam. How will they sit
Business
1 answer:
Pepsi [2]3 years ago
4 0

Answer:

  • A. Sam, Joe, Lynn, Kori
  • B. Kori, Lynn, Sam, Joe

Explanation:

The constraints we have are two in number.

1. Sam and Kori cannot sit next to each other

2. Lynn and Kori need to sit next to each other.

Both options A and B satisfy both these constraints because Sam and Kori are seated apart and Lynn and Kori are seated together.

Option C satisfies only one constraint which is that Kori is sitting next to Lynn. She is sitting next to Sam however so this option is wrong and by extension, so is option D as well.

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Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Tota
igor_vitrenko [27]

Answer:

Estimated manufacturing overhead rate (Meeting with clients)= $170 per hour

Explanation:

Giving the following information:

Activity Cost Pool -  Total Cost -  Total Activity

Researching legal issues $ 22,130 and 750 research hours

Meeting with clients $ 1,270,410 and 7,473 meeting hours

Preparing documents $ 93,490 and 5,850 documents

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate (Meeting with clients)= 1,270,410/7,473= $170 per hour

3 0
3 years ago
The following information relates to Payleast Shoes Company. Assuming the company uses the periodic inventory system, solve for
rosijanka [135]

Answer:

A.$75,000

B.$60,000

C.$30,000

D.33%

E.$15,000

F.$3,500

G.$18,000

H.$34,500

I.31%

J.$18,000

K.$116,300

L.$90,300

M.31%

Explanation:

Payleast Shoes Company

2020

1.Net sales = $90,000

2.

Beginning Inventory = $12,000

Add Purchase (Gross) = $70,000

Less Returns/Allowance = $6,000

Less Purchase discounts = $4,000

Add Freight-in = $3,000

Cost of goods available for sale = $75,000

Less End inventory = $15,000

Cost of Sales = $60,000

3. Gross profit = $30,000

4. Gross Profit % = 33%

2021

1.Net sales = $110,000

2.

Beginning Inventory = $15,000

Add Purchase (Gross) = $82,500

Less Returns/Allowance = $5,000

Less Purchase discounts = $2,500

Add Freight-in = $3,500

Cost of goods available for sale = $93,500

Less End inventory = $18,000

Cost of Sales = $75,500

3. Gross profit = $34,500

4. Gross Profit % = 31%

2022

1.Net sales = $130,000

2.

Beginning Inventory = $18,000

Add Purchase (Gross) = $99,000

Less Returns/Allowance = $8,800

Less Purchase discounts = $1,900

Add Freight-in = $10,000

Cost of goods available for sale = $116,300

Less End inventory = $26,000

Cost of Sales = $90,300

3. Gross profit = $39,700

4. Gross Profit % = 31%

4 0
4 years ago
A business rents bicycles and in-line skates. Bicycle rentals cost $25 per day, and in-line skate rentals cost $20 per day. The
Alja [10]

Answer:

a.

25 b+20 s=455...equation 1

b+s=20...equation 2, where b and s are the number of bicycle and in-line skate rentals per day.

b. The business had 11 bicycle rentals and 9 in-line skate rentals.

Explanation:

a.

<em>Step 1: Determine an equation for total revenue today</em>

Since the business rents bicycles and in-line skates, the total revenue will be as a result of amount received in revenue from renting the bicycles and in-line skates. This can be expressed as shown;

T=(B×b)+(S×s)

where;

T=total revenue

B=bicycle rental cost per day

b=number of bicycles

S=in-line skate rental cost per day

s=number of in-line skates

In our case;

T=$455

B=$25 per day

b=unknown

S=$20 per day

s=unknown

Replacing;

(25×b)+(20×s)=455

25 b+20 s=455...equation 1

<em>Step 2: Determine an equation for total rentals today</em>

The equation for the total number of rentals is;

R=b+s

where;

R=total number of rentals today

b=number of bicycles

s=number of in-line skates

In our case;

R=20

b=unknown

s=unknown

Replacing;

b+s=20...equation 2

b.

<em>Step 3: Combine equation 1 and 2 ans solve simultaneously</em>

1(25 b+20 s=455), multiplying equation 1 by 1=25 b+20 s=455

     20(b+s=20), multiply equation 2 by 20=20 b+20 s=400

25 b+20 s=455

-

20 b+20 s=400

5 b+0 s=55

(5 b)/5=55/5=11

b=11, replace the value for b in equation 2 and solve;

(20×11)+20 s=400

220+20 s=400

20 s=400-220=180

20 s=180

s=(180/20)=9

The business had 11 bicycle rentals and 9 in-line skate rentals.

8 0
3 years ago
The company recently reported an EBITDA of $22.5 million and $5.4 million of net income. The company has $6 million interest exp
blsea [12.9K]

Answer:

Depreciation and amortization is $7.5 million

Explanation:

If the tax rate is 40%, then the  net income is 60%

tax expense=net income*tax rate/60%=$5.4 million/60%*40%=$3.6 million

Depreciation and amortization=EBITDA-tax-interest-net income

EBITDA is $22.5 million

interest is $6 million

net income is $5.4 million

Depreciation and amortization=$22.5 milion-$6 million-$3.6 million-$5.4 million

Depreciation and amortization=$7.5 million

6 0
4 years ago
Explain how test-marketing can increase profits.
kirill [66]

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

7 0
3 years ago
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