Answer:
$1,215 per customer
Explanation:
Add all costs:
Marketing Costs = $1,200
Sales Costs = $9,000
Salaries = $87,000
Total = $97,200
$97,200 divided by 80 new customers = $1,215 per customer
Answer: 94 DAYS
Explanation: The average time it takes for the business to complete the whole process of making initial cash outflow to produce goods and receiving cash from customers by selling those goods produced is called operating cycle of that business.
formula = number of days of inventory + number of days in accounts receivable
therefore,
operating cycle = 61 days + 33 days = 94 days
For this case, the total percentage paid for the land is given by:
Then, we can make the following rule of three:
76000 ----------------> 100%
x -----------------------> 83%
From here, we clear the value of x.
The value of x is the amount that was paid for the lot.
We have then:
Answer:
You paid 63080 $ for the lot
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The equipment cost $90,000 and had an expected salvage value of $15,000. The life of the equipment was estimated to be 6 years.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (90,000 - 15,000)/6= 12,500
Accumulated depreciation year 2= 12,500*2= 25,000
Book value= 90,000 - 25,000= 65,000
