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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>

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In a simple, closed economy (no government or foreign sector), disposable income increases from $2,000 to $3,000. If consumption
tamaranim1 [39]

Answer:

The marginal propensity to save is 0.4

Explanation:

The marginal propensity to save is 1 - marginal propensity to consume.

The marginal propensity to consume is the proportion of an increase in income that the consumers will spend from this increased income and the marginal propensity to save is the proportion of the increase in income that will be saved.

The marginal propensity to consume (MPC) = Change in consumption / change in income

The MPC = (2100 - 1500) / (3000 - 2000)  =  0.6

Thus, the marginal propensity to save is 1 - 0.6 = 0.4

8 0
3 years ago
The __________ frame perspective of a company, deals with how the company is organized, and focused on different groups' respons
Anni [7]

Answer:

Structural frame

Explanation:

Structural frame of an organisation is how the systems are structured including goals, technology, roles of different staff, and relationships. All other frames are dependent on the structural frame, the manager should make sure it achieves the business goals efficiency.

The four frame business model is made up of: structural frame, human resource frame, political frame, and symbolic frame.

4 0
3 years ago
Read 2 more answers
Santiago Systems Income Statement For the Year Ended December 31, 20X2 Amount Percent Net sales $5,345,000 100.0% Less: Cost of
solmaris [256]

Answer:

1)Dividend per share = 1

2)Dividend yield = 5%

3)Dividend payout ratio = 0.39

Explanation:

As per the data given in the question,

Net sale = $5,345,000

Cost of goods sold = $3,474,250

Gross margin = $5,345,000 - $3,474,250 = $1,870,750

Operating expenses = $1,140,300

Operating income = $1,870,750 - $1,140,300 = $730,450

Interest expenses = $27,000

Income before taxes = $730,450 - $27,000 = $703,450

Income tax(40%) = $281,380

Net in come = $422,070

Preference of dividend = $40,000

Earnings available to common stockholders = $422,070 - $40,000 =$382,070

Common stock = $150,000

Earning per share = $382,070÷$150,000 = 2.55

Dividend to common stockholders = $150,000

Dividend per share = $150,000÷$150,000 = 1

Market price of common share = $20

Dividend yield = (Dividend per share×100÷market price of common share) = 5%

Dividend payout ratio = Dividend per share÷earning per share =1÷2.55 = 0.39

3 0
2 years ago
When agricultural machines were introduced, a number of industries benefited from them. At the same time, a number of farmers an
zalisa [80]

Answer: (B) Technological component

Explanation:

 The technological component include the organizing, monitoring, evaluation and also implementing the various types of function in an organization.

The technological components basically used for representing the various types of technology in the market and it also helps in reduce the overall cost of the product operation and creating the new product market.

According to the given question, the above given scenario best illustrating the effect of the technological components in an organization by creating the various types of methods.

 Therefore, Option (B) is correct answer.    

5 0
3 years ago
Read 2 more answers
The City of Park Ridge reported appropriations in the amount of $40,000,000 for its General Fund for the fiscal year ended Decem
Luda [366]

Answer: $37,900,000

Explanation:

Encumbrances simply means the money that is saved or reserved in order to use it for a particular thing.

The amount that Park Ridge would report for expenditures (and encumbrances, if applicable) in its 2020 General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances (GAAP Basis) would be $37,900,00.

This is because we are informed that during that year, the expenditures of $37,900,000 which related to the current year purchase orders that have been filled.

5 0
3 years ago
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