Answer:
None of the options was correct
<em>It will take her 15.94 years to make withdrawals and yet have up to $50,000.00 to give me.</em>
Answer:
C : accept the offer because it will produce net income of $12,600.
Explanation:
In this question we have to compare the cost which is presented below:
In the first case
The variable cost would be
= Number of units buys × variable cost per unit
= 4,200 units × $67
= $281,400
And, the selling cost would be
= Number of units sold × selling price per unit
= 4,200 units × $70
= $294,000
So, the difference would be
= $294,000 - $281,400
= $12,600
Answer:
1153.85 per week and 28.85 per hour
Explanation:
Answer:
$720,000
Explanation:
Data provided in the question:
Amount Tripp Corporation is planning to borrow = $800,000
Compensating balance required by the bank = 10%
Now,
Since out of the borrowed amount 10% is Compensating balance required by the bank
Therefore only 90% of the balance is available for the Tripp corporation to pay one of its suppliers
Thus,
Amount Tripp will pay its supplier will be
= 90% of the Amount Tripp Corporation is planning to borrow
= 0.90 × $800,000
= $720,000
