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emmainna [20.7K]
3 years ago
15

Whispering Winds Corp. purchased a delivery van with a $52000 list price. The company was given a $4200 cash discount by the dea

ler and paid $2700 sales tax. Annual insurance on the van is $1400. As a result of the purchase, by how much will Whispering Winds Corp. increase its van account?
Business
1 answer:
Alex777 [14]3 years ago
4 0

Answer:

$50,500

Explanation:

Calculation for by how much will Whispering Winds Corp. increase its van account

Using this formula

Increase in Van account =List price- Cash discount + Sales tax paid

Let plug in the formula

Increase in Van account=$52,000-$4,200+2,700

Increase in Van account=$50,500

Therefore by how much will Whispering Winds Corp. increase its van account will be $50,500

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An advantage of using the nominal group technique of group decision making is thata) People can participate as they wishb) Peopl
Katen [24]

Answer:

Letter c is correct. <u>It encourages participation from everyone.</u>

Explanation:

People are encouraged to participate in a nominal group technique because it is comprehensive to all participants.

This technique consists of creating group dynamics where each member can express their opinion about what is being proposed by voting, independently and silently, which consequently encourages the breakdown of shyness and reduces the pressure on the participant. This technique has positive effects by balancing the participation of all people and by motivating the group's sense of belonging and effectiveness.

8 0
3 years ago
Given the graph below, determine the average cost of utilities for both Orlando, FL and Indianapolis, IN during the 6 month peri
kirza4 [7]

Answer:

c.

The average monthly utility bill for Orlando, FL is $85.33 more than Indianapolis, IN.

Explanation:

Just did the practice on there for Home Ownership

5 0
3 years ago
A situation occurring when the value of a nation’s exports exceeds the value of its imports is called a trade surplus.
Dafna11 [192]

Answer:

hey matthew

Explanation:

Is TRUE.

Trade Surplus. A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. A trade surplus occurs when the result of the above calculation is positive. A trade surplus represents a net inflow of domestic currency from foreign markets.

6 0
3 years ago
Read 2 more answers
Bardell, Inc. prepared its statement of cash flows for the year. The following information is taken from that statement: Net cas
sladkih [1.3K]

Answer:

The Net Cash <em>used</em> in Financing activities is $30,800

Explanation:

<em>Step 1 Determine the Movement in Cash during the period.</em>

Movement = Ending Cash Balance - Beginning Cash  Balance \

                  = 18,200 - 11,600

                  = 6,600 (inflow)

<em>Step 2 Determine the Cash flow in Financing Activities </em>

<u>Cash flow statement for the year</u>

Cash flow from Operating Activities                                              $29,000

Net Cash flow from Investing Activities                                          $ 8,400

Net Cash flow from Financing Activities (Balancing figure)        ($30,800)

Movement in Cash during the year                                                 $6,600

Therefore, The Net Cash used in Financing activities is $30,800

7 0
3 years ago
The determination of whether one is an independent contractor may include the following considerations except: a. How the person
Tamiku [17]

Answer:

d. The determination of the principal.

Explanation:

An independent contractor is one who is not bound by any affiliations to either a company, a country or an ideology.

He is hired to do a specific work and based on his contract, paid after, before or during the work.

The determination of the principal in no way affects his work as he isn't bound to the company as an employee and is a free agent. He is a professional who is not slack in his work and works efficiently to earn his pay

4 0
3 years ago
Read 2 more answers
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