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Lelechka [254]
3 years ago
6

After arriving at the airport, Sharon picked up her compact rental car with an odometer reading of 39,987 miles. When she brough

t it back 4 days later, the reading was 40,211 miles. How much does she owe for the rental if the daily rate was $28.99, the cost per mile was $0.35 and the first 50 miles are free?
Business
1 answer:
nadezda [96]3 years ago
7 0

Answer:

176.86

Explanation:

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Assume anderson general store bought, on credit, a truckload of merchandise from american wholesaling costing 23400. if anderson
Amiraneli [1.4K]

Answer:

Explanation:

Cost of inventory = Purchase cost + Transportation cost - Purchase return - Purchase discount

Purchase cost = 23,400

Transportation cost = 690

Purcahse return = 1300

Purchase discount = (23400 - 1300)*3% = 663

Cost of inventory = 23,400 +690-1300-663 = 22,127

6 0
2 years ago
This video speeds through over 10 common mistakes people make that leave them open to identity theft. list at least 5 of them he
Vikentia [17]

Leaving Your Mail Unguarded. ...

Throwing Sensitive Documents into Your Trash. ...

Losing Your Wallet or Smartphone. ...

Falling for Cyberscams. ...

Using an Insecure Internet Connection.

3 0
1 year ago
As a manager at Johnson Electric, an armature motor manufacturer, Oliver is responsible for quality. As he carries out his contr
ryzh [129]

Answer:

Third step in control function is to take corrective action

Explanation:

Control function is one the important managerial functions where the manager compares actual performance with that of estimated by the management. In case of any deviation, the manager prepares the corrective course of action and communicates the same to the upper management.

The upper management keeps this feedback in mind while formulating goals and objectives in future. Here, Oliver compares actual performance based on number of defective parts set and takes corrective action if actual number of defective parts is more than estimated.

7 0
3 years ago
Why is the separating of recordkeeping from the custody of assets a limitation of an internal control system?
yanalaym [24]

The separating of recordkeeping from the custody of assets a limitation of an internal control system because:

  • In example above, fraud could occur only if the two employees collude (agree to work together to commit fraud)
  • Employee maintaining accounting records has no incentive to falsify records.
  • Employee controlling asset will know if another person is maintaining records or not.
  • The employee who controls/has access to an asset should not maintain that asset's accounting records.
<h3>What is meant by Internal Control?</h3>
  • Internal controls are the mechanisms, rules, and procedures implemented by a corporation to ensure the integrity of financial and accounting information, promote accountability, and stop fraud.
  • Internal controls can help improve operational efficiency by improving the accuracy and timeliness of financial reporting, besides complying with laws and regulations and preventing employees from stealing assets or committing fraud.

To learn more about asset's accounting records: brainly.com/question/24012821

#SPJ4

6 0
2 years ago
A company paid $0.85 in cash dividends per share. Its earnings per share is $3.50, and its market price per share is $35.50. Its
natali 33 [55]

Answer: 2.4%

Explanation:

Cash dividend = $0.85

Earnings per share = $3.50

Market price per share = $35.50

The dividend yield will be calculated as:

= Cash dividends / Market price per share

= $0.85 / $35.50

= 0.024

= 2.4%

The dividend yield is 2.4%.

3 0
2 years ago
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