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
mihalych1998 [28]
2 years ago
6

The Lone Cactus Nursery has the following general ledger account balances as of August.

Business
1 answer:
MrMuchimi2 years ago
7 0

Answer:

Net delivered cost of purchase             $58,411

Explanation:

<u>Computation of net delivered cost of purchase.</u>

<u>Particular                                                 Amount</u>

Purchases                                                $56,211

Freight In                                                  $3,000

                                                                $59,211

Less: Purchases Returns                         $500

<u>Less: Purchases Discounts                     $300     </u>

<u>Net delivered cost of purchase             $58,411</u>

You might be interested in
A stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT? The stock
Llana [10]

Answer:

a. The stock's price one year from now is expected to be 5% above the current price.

Explanation:

Under gordon model:

\frac{divends}{return-growth} = Intrinsic \: Value

If we calculate the value of the stock for the year after that:

\frac{divends x (1 + growth)}{return-growth} = Intrinsic \: Value

to calculate the value of the increase we divide next year over current year.

\frac{divends(1+growth)}{return-growth} \div \frac{divends}{return-growth}\\\\\frac{divends(1+growth)}{return-growth} \times\frac{return-growth}{divends}\\\\\frac{divends(1+growth)}{divends}= 1+ growth

We have demostrate that next year stock should increase by 1 + growth so statement c is correct.

7 0
3 years ago
The most attractive way to reduce or eliminate the impact of paying tariffs on pairs imported to a company's distribution wareho
natta225 [31]

The most appealing approach to diminish or take out the effect of paying duties on sets imported to an organization's dispersion distribution center in Europe-Africa is to raise the organization's offering cost of footwear in Europe-Africa by everything of the tax and pass all tax costs along to the buyers of the organization's footwear, this system has the upside of totally taking out the organization's presentation to import taxes in Europe-Africa.

6 0
3 years ago
Matt purchased a 20-year par value bond with an annual coupon rate of 8% compounded semiannually for a price of 1722.25. The cou
finlep [7]

Answer:

(b) 1440

Explanation:

As the coupon rate of 8% is greater than the yield to maturity (YTM) of 6% annually, the bond is selling at a premium. Hence, the bond will be called at the earliest i.e. 15 years.

Coupon = Call Price * Semi-annual coupon rate = X * [0.08 / 2] = X * 0.04

Yield to call = 6% annually = 3% semi-annually

Time = 15 years * 2 = 30

We know that,

Current Price of bond = Coupon * [1 - (1 + YTC)-call date] / YTC + Call Price / (1 + YTC)call date

  • 1,722.25 = [X * 0.04] * [1 - (1 + 0.03)-30] / 0.03 + [X / (1 + 0.03)30]

  • 1,722.25 = [X * 0.04] * 19.60 + [X * 0.41]

  • 1,722.25 = X * [(0.04 * 19.60) + 0.41]

  • 1,722.25 = X * 1.194

  • X = 1,722.25 / 1.194
  • X=$ 1,442.42 \approx $ 1,440

4 0
3 years ago
5. Destiny is asked if she wants to open a Macy's credit card on the spot when she is checking out.
Zielflug [23.3K]
B because is B I now it is
5 0
3 years ago
The starting point in calculating net operating income is the total annual income the property would produce assuming 100% occup
Viefleur [7K]

Answer:

B. potential Gross

Explanation:

Potential gross income refers to the gross income at 100% occupancy. On the other hand, effective gross income takes into account vacancy as well as other variables like collection loss.

3 0
3 years ago
Other questions:
  • Which of the following line items of the statement of cash flows must be obtained from the income​ statement?
    9·1 answer
  • Magneto Company had net credit sales during the year of $1,350,000 and cost of goods sold of $810,000. The balance in accounts r
    7·1 answer
  • Joan sells new cars at a local dealership. she receives a 25% commission on the profit each car is sold for. last month she sold
    5·1 answer
  • A and B are married and own property as tenants by the entirety. The property is worth $500,000. A incurs a debt of $100,000 and
    11·1 answer
  • If parents say, "Never take candy from strangers" then why do we celebrate Halloween?
    14·2 answers
  • Tuition of ​$ will be due when the spring term begins in months. What amount should a student deposit​ today, at ​%, to have eno
    12·1 answer
  • Your company's board of directors expects you and your co-managers to achieve improved company performance outcomes that include
    9·1 answer
  • According to the "J curve effect," a weakening of the U.S. dollar relative to its trading partners' currencies would result in a
    9·1 answer
  • Indirect channels for consumer goods
    6·1 answer
  • When an employer hires an employee to enter into contracts on behalf of the employer, a ______ relationship typically exists.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!