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Ilya [14]
3 years ago
5

Omega Enterprises budgeted the following sales in units:​

Business
1 answer:
Dmitriy789 [7]3 years ago
6 0

Answer:

d. 36,000

Explanation:

Given the following data,

Units;

February = 30,000

March = 50,000

In order to calculate February production in units, the sales for the month and the required ending inventory will be added together and then deduct the beginning inventory.

February Production in units ;

Sales for the month = 30,000

Ending inventory = [50,000 × 0.3] = 15,000

Beginning inventory = [30,000 × 0.3] = [9,000]

Total = 36,000 units.

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Each economy possesses resources and technology to use in production. true or false
kicyunya [14]

Answer:

True.  as land is limited and the technology can be developed and used for good.

Explanation:

  • Every economy has resources and the better the economy uses these resources the better is the production and consumption of the resources, the only need is the potential to develop the resource as the middle east has developed the use of desalinated water technology to clean the salted water and thus create a valuable resource.
  • The resources are there and one needs to develop them to there full potential with the help of technology that may be transferred from any other nation or territory as a form of the technology transfer.
7 0
3 years ago
Gregg Company uses the allowance method for recording its expected credit losses. It estimated credit losses at three percent of
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Answer:

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8 0
3 years ago
A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases jou
Margaret [11]

Answer: b

Explanation:

8 0
2 years ago
Mufala, Inc., will issue $10,000,000 of 6% 10-year bonds. The market rate for bonds with similar risk and maturity is 8%. Intere
zubka84 [21]

Answer:

the issue price of the bond is $8,640,999

Explanation:

The computation of the issue price of the bond is shown below:

Particulars                       Amount       PV factor   Present value  

Semi-annual Interest     $300,000     13.59033  $4,077,099  

Principal                         $10,000,000  0.45639  $4,563,900  

Issue price of the bonds                                        $8,640,999

Therefore the issue price of the bond is $8,640,999

4 0
3 years ago
If a lender agrees to an $80,000 loan at 9% for 15 years with 2 loan discount points, what amount will be charged at closing for
White raven [17]

points charged at closing will be $80,000 × 0.02 (2 points equal 2%) = $1,600.

Points, also called discount points, lower interest rates in exchange for prepayment. Lenders lower your closing costs in exchange for accepting higher interest rates. These terms may be used to mean something else. "Point" is a term that mortgage lenders have used for many years.

Mortgage points (sometimes called discount points) are fees paid to lower interest rates on home purchases or refinancing. Discount points cost 1% of your mortgage amount. For example, if you take a $ 100,000 mortgage, one point costs $ 1,000.

Learn more about loan discount points here:brainly.com/question/2764956

#SPJ1

6 0
2 years ago
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