Answer:
$38,400
Explanation:
<em>1. Cash Purchases:</em>
The total purchases in the month of March is of $35,000.
It is given that 70% of Purchases are for cash.
Hence, 70% of $35,000 would be;
$39,000 x 0.70
$27,300
<em>2. Credit Purchases:
</em>
Remaining Balance of Purchases from the month of February:
For the month of February Cash Purchases can be calculated as follows;
$37,000 x 0.70
$25,900
Remaining Balance to be paid in March for the month of February can be calculated as follows;
$37,000 - $25,900
$11,100
<em>3. CASH PAYMENT for PURCHASES in MARCH:</em>
Cash Purchases = $27,300
Credit Purchases = $11,100
Hence;
<em>Cash Payment for purchases in March = Cash Purchases + Credit Purchases
</em>
Cash Payment for purchases in March = $27,300 + $11,100
Cash Payment for purchases in March = $38,400
Answer:
Globalization
Explanation:
Globalization is the seamless exchange of goods, technology, idea, culture, e.t.c across national boundary which is highly facilitated by collapsing or eliminating artificial barriers which hitherto made trade and communication difficult of almost impossible.
Globalization provides a platform for international integration and global connectivity among individuals, firms and government across international boundary.
Answer:
The correct answer is $0,20.
Explanation:
The marginal cost, at each level of concrete production, indicates the costs we incurred in carrying out said production. Basically, it is an indicator that will allow us and help to make decisions regarding the preparation and production of goods and services.
In the previous case, the cost of buying two tacos for $ 75 each plus a $ 80 bedid is as follows:
Tacos: $ 75 * 2 = $ 1,50
Drink: $ 80
TOTAL = 2,30
For its part, the second option is priced at $ 2,50
Subtracting the results, the marginal cost is defined as follows:
$ 2,50 - $ 2,30 = $ 0,20
Answer:
36 years 4 months and 2 days
Explanation:
Data provided in the question:
Monthly payment = $300
Rate of return, i = 9% = 0.09
Future value = $1,000,000
Now,
we know
Future value = Monthly payments × ![\left[ \frac{(1+i)^{n}-1}{i} \right]](https://tex.z-dn.net/?f=%5Cleft%5B%20%5Cfrac%7B%281%2Bi%29%5E%7Bn%7D-1%7D%7Bi%7D%20%5Cright%5D)
or
1000000 = $300 × 
or
or
1.0075ⁿ - 1 = 25
or
1.0075ⁿ = 26
ln( 1.0075ⁿ) = ln(26)
or
n × ln( 1.0075 ) = ln(26)
or
n = [tex]\frac{ \ln (26) }{ \ln( 1.0075 ) }[tex]
or
n = 436.04 months
or
n = 36 years 4 months and 2 days
2 everything is technically about technology
