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chubhunter [2.5K]

3 years ago

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Jobisdone [24]3 years ago

7 0

Answer:

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Tying sales is a market practice designed to increase sales volume. A "tying sales" situation is said to occur when what happens

vfiekz [6]

Answer: customer is required to buy one product only if the customer also buys a second product

Explanation:

Tying sales is a market practice designed to increase sales volume. A "tying sales" situation is said to occur when a customer is required to buy one product only if the customer also buys a second product.

Tying sales is simply defined as a scenario whereby the purchase of a good or service is compulsory when one buys a different good or service. This meane the individual helps us buying two products.

7 0

3 years ago

What type of mortgage loan allows a borrower who has an existing loan to get another loan from a second lender without paying of

Marina CMI [18]

Answer:

A second mortgage or junior-lien

Explanation:

A second mortgage or junior-lien is a loan you take out using your house as collateral while you still have another loan secured by your house. Home equity loans and home equity lines of credit (HELOCs) are common examples of second mortgages.

5 0

3 years ago

Coleman Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $6,000 for electri

Masteriza [31]

Answer:

Let's first compute the total amount of fixed and variable costs at 10,000 units

first compute the variable cost per unit.

variable cost per unit = total variable costs / total units

= 40,000 + 6,000 / 10,000

= 46,000 / 10,000

= 4.6 per unit

therefore the variable cost per unit is $4.60

Now for the fixed cost at 12,000 units

Variable costs = $55,200

12,000 units x 4,60 per unit

Fixed costs = 20,000

<em>Therefore the variable costs are 55,200 and the fixed costs are 20,000 </em>

4 0

4 years ago

Mark, who is single, must start making distributions from his pension plan beginning April 1, 2018. At the end of 2017 when Mark

mylen [45]

Answer:

$13,496.93

Explanation:

At the end of 2017, plan had a balance of 220,000

Life expectancy factor at the age of 71 is <u>16.3</u> as per single life Expectancy table

So, Distribution amount = $220,000 / 16.3

= 13496.93251533742

= $13,496.93

So, the amount Mark must take as a distribution from the pension plan no later than April 1, 2018 is $13,496.93

6 0

3 years ago

For Fiscal Year 2020, Precision Masters had sales of $42,900, cost of goods sold of $26,800, depreciation expense of $1,900, int

AlladinOne [14]

Answer:

Option (a) is correct.

Explanation:

EBIT:

= Sales - Cost of goods sold - Depreciation expense

= $42,900 - $26,800 - $1,900

= $14,200

Operating cash flow:

= EBIT + Depreciation - Taxes

= $14,200 + $1,900 - [($14,200 - $1,300) × 0.34]

= $16,100 - $4,386

= $11,714

Capital spending:

= Ending net fixed assets - Beginning net fixed assets + depreciation

= $13,900 - $14,300 + $1,900

= $1,500

Additions to NWC:

= Ending NWC - Beginning NWC

= (9,200 - 7,400) - (8,700 - 6,600)

= $1,800 - $2,100

= -$300

Therefore, the cash flow from assets for Fiscal Year 2020 is as follows:

= Operating cash flow - Capital spending - Additions to NWC

= $11,714 - $1,500 - (-$300)

= $10,514

5 0

3 years ago