1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lina20 [59]
3 years ago
12

Wanda takes $3,000 from her savings account that pays 5 percent interest per year and uses the funds to purchase a computer for

$3,000 for her business. At the end of the year the computer is worth $2,000. The costs that Wanda's business pays for use of the computer is ________ for that year.
Business
1 answer:
Salsk061 [2.6K]3 years ago
7 0

Answer:

$1,150

Explanation:

Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150

You might be interested in
Does everyone have an inner voice that is not subject to control ?<br> A. True <br> B. False
Blababa [14]
False is the correct answer.
6 0
3 years ago
Read 2 more answers
Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca
Gre4nikov [31]

Answer:

0.11%

Explanation:

Given that

Earning before interest and tax = $560,000

Interest = $336,000

The computation of company's return on equity is shown below:-

So, the Earning before tax

= $560,000 - $336,000

= $224,000

Tax = $224,000 × 30%

= $67,200

Earnings after interest and taxes = Earning before tax - Tax

= $224,000 - $67,200

= $156,800

Asset turnover ratio = total revenue ÷ total assets

3.4 = $8,000,000  ÷ total assets

Total assets = 2,352,941.18

Equity ratio = 1 - debt ratio

= 1 - 0.40

= 0.60

Total Equity = equity ratio × total assets

= 0.60 × 2,352,941.18

= 1,411,764.71

Return on Equity = Net income ÷ Equity

= $156,800 ÷ 1,411,764.71

= 0.11%

6 0
3 years ago
Caldwell Co. uses flexible budgets to control its selling expenses. Monthly sales are expected to be from $300,000 to $360,000.
VLD [36.1K]

Answer and Explanation:

The preparation of flexible budget is shown below:-

                                                  Budget           Actual      Difference F/U  

                                               $330,000        $330,000  

Variable expenses    

Sales commissions                 $16,500             $17,200      $700          U

                                          ($330,000 × 5%)

Advertising                              $13,200             $12,000      $1200        F

                                          ($330,000 × 4%)

Traveling                                  $23,100             $23,700      $600        U

                                          ($330,000 × 7%)

Delivery                                    $3,300              $2,400        $900         F

                                          ($330,000 × 1%)

Total variable expenses a   $56,100             $55,300      $800        F

Fixed expenses    

Sales salaries                         $40,000              $41,500     $1,500      U

Depreciation                           $10,000               $10,000      0          NA

Total fixed expenses b           $50,000             $51,500    $1,500      U

Total expenses (a+b)              $106,100             $106,800  $700        U

Therefore, if budget is more than actual then it will be favorable and if actual is more than budget then it will be unfavorable.

According to this the classification of every items is shown above.

8 0
3 years ago
(ASAP) please help….Please
Lyrx [107]

Explanation:

Through publically agreed laws that correspond to a common set of public restrictions, the ‘people as a sovereign body’ serves to protect against violations of individual liberty and despotic power. Where no such common body exists, individuals are deprived of this protection. In such cases, individuals must obey without liberty, while those in power command under a state of license. Neoliberal theorists maintain that any common personality, with its corresponding set of public and arbitrary positive and negative restrictions on liberty, undermines individual liberty. Neoliberal theory only allows for private restrictions on liberty. Against these neoliberal assumptions, we argue that rejecting public restrictions on liberty does not promote individual liberty.

4 0
2 years ago
Everyone. Do you know why a boy and a girl have stuff in bed.
kenny6666 [7]

Answer:

Explanation:

no lol why

8 0
2 years ago
Other questions:
  • Several months after the reorganization, Jim Umpleby checks in with department managers to see how their employees are handling
    6·1 answer
  • When an organization has a strong talent pool available from which it can draw employees, the organization is positively influen
    15·1 answer
  • After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small
    8·2 answers
  • Identify the BEST description of the Balanced​ Scorecard's customer perspective. To achieve our​ firm's vision and​ strategy: A.
    6·1 answer
  • Differentiate between economic growth and economic development ?​
    12·1 answer
  • Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $
    11·1 answer
  • 1. What is capital ?
    6·1 answer
  • A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic
    9·1 answer
  • A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the fir
    5·2 answers
  • A person takes out a car loan at a bank, but actually uses the money to play the lottery. This situation is an example of which
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!