Solution:
Pick some smart number for x,
let x=2 (I chose x=2 as in this case monthly shipments would be X/2=1).
From January to April, inclusive 4x=8 brooms were produced and
in May the company paid for storage of 8-1 =7 brooms,
in next month for storage of 6 and so on.
So the total storage cost would be:
= 1 ∗ (7+6+5+4+3+2+1+0)
= 28
--> as x=2 , then 28 = 14x
So the answer is 14x
The answer would be the stockholders w=equity minus
Answer:
See attached pictures.
Explanation:
See attached pictures for explanation.
Answer:
Monthly paymenty for $ 997.954
Explanation:
We have to calcualte for the PTM of the mortgage for the first three years at which the rate is fixed:
PV $150,000
time 360 (30 years x 12 months)
rate 0.005833333 (7% annual / 12 months)
C $ 997.954
Windsor's gross profit for the month is:C. $1520.
<h3>Gross profit</h3>
First step
January purchase:
Purchase= 130 - (210 - 130)
Purchase=130-80
Purchase= 50 units
Sales revenue= (260 + 50) x 9
Sales revenue=310×9
Sales revenue= $2,790
Second step
Cost= (260 x 4) + (50 x 4.60)
Cost=1,040+230
Cost= $1,270
Third step
Gross profit:
Gross profit= 2,790 - 1,270
Gross profit= $1,520
Therefore the correct option is C.
Learn more about gross profit here:brainly.com/question/942181
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