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3 years ago

10

My boss really does not understand the technical aspects of the job my group is trying to complete. I understand the intricacies

of the project, and my team members come to me with all of their questions. What has happened in this work setting

1 answer:

dimaraw [331]3 years ago

4 0

I have emerged as the team leader

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In a catalog a coat was on sale for $65.55 this week. It regularly sells for $77.77. If the sales tax is 6% and shipping is belo

bazaltina [42]

Answer:

$14.96

Explanation:

Shipping and handling charges are attached.

Given: Discounted price= $65.55.

Regular sales price= $77.77

Sales tax= 6%.

Now, find the cost of coat after tax.

Cost of coat= $77.77+(77.77\times 6\%)$

⇒ Cost of coat= $77.77+ 4.66= \$ 82.43$

Adding shipping charges to the cost= $82.43+8.95= \$91.39$

Hence, cost of coat after tax and shipping charges= $91.39.

Next finding total cost of coat if sold at discount after tax.

Cost of coat at discounted price after tax= $65.55+(65.55\times 6\%)$

⇒ Cost of coat at discounted price after tax= $65.55+ 3.93$

⇒ Cost of coat at discounted price after tax= $\$ 69.48$

Adding shipping charges to the cost of coat= $69.48+6.95=\$ 76.43$

Hence, cost of coat at discounted price after tax and shipping charges= $76.43.

Finding saving amount by ordering coat at the sale price or discounted price.

∴ Saving = $Total\ cost\ of\ coat\ at\ regular\ price - Total\ cost\ of\ coat\ at\ discounted\ price$

Saving= $91.39-76.43= \$ 14.96$

Hene, Total saving by ordering coat at the sale price is $14.96

7 0

3 years ago

On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 16,000, $7 par, common sha

Otrada [13]

Answer:

See the answers and explanation below.

Explanation:

a. the necessary journal entries assuming a small (10%) stock dividend

<u>Date Details Dr ($) Cr ($)</u>

Sept. 1 Stock Dividends (16,000 * 36 * 10%) 57,600

Common Stock (16,000 * 7 *10%) 11,200

Additional Paid-in Capital - Common Stock 46.400

<u><em> To record a small (10%) stock dividend on common stock. .</em></u>

b. the necessary journal entries assuming a large (100%) stock dividend

<u>Date Details Dr ($) Cr ($)</u>

Sept. 1 Stock Dividends (16,000 * 7 * 100%) 112,000

Common Stock (16,000 * 7 *10%) 112,000

<u><em> To record a large (100%) stock dividend on common stock. .</em></u>

c. the necessary journal entries assuming a 2-for-1 stock split.

"No journal entry required"

Note: Although no journal entry is required here but the number of common stock will increase to 32,000 (i.e. 16,000 * 2 = 32.00).

6 0

3 years ago

Following is the sales budget for Coore, Inc., for the first quarter of 2019.

gayaneshka [121]

Answer:

a. Sales for November = $192,666.67

b. Sales for December = $312,400,00

c. Total cash collections are as follows:

January = $200,580

February = $201,360

March = $191,750

Explanation:

a. Compute the sales for November.

Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67

b. Compute the sales for December.

Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00

c. Compute the cash collections from sales for each month from January through March.

Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.

From the attached excel file, total cash collections are as follows:

January = $200,580

February = $201,360

March = $191,750

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2 years ago

Strategic planning is the process _____. the process of creating a marketing strategy for the company’s product line the process

Anit [1.1K]

Strategic planning is the process of defining the company's strategy and making decisions about how to use resources to accomplish that strategy.

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3 years ago

To remain relevant in today’s e-commerce landscape, many businesses use progressive ________ applications to undertake m-commerc

Y_Kistochka [10]

To remain relevant in today’s e-commerce landscape, many businesses use progressive <u>mobile</u> applications to undertake m-commerce.

<h3>What is e-commerce?</h3>

It should be noted that e-commerce simply means the buying and selling of goods through the internet.

In this case, to remain relevant in today’s e-commerce landscape, many businesses use progressive mobile applications to undertake m-commerce.

Learn more about e-commerce on:

brainly.com/question/23369154

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2 years ago