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
8_murik_8 [283]
2 years ago
7

MC Qu. 138 Fortune Company's direct materials... Fortune Company's direct materials budget shows the following cost of materials

to be purchased for the coming three months:JanuaryFebruaryMarch Material purchases$ 13,18015,29012,110 Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. The December Accounts Payable balance is $7,900. The expected January 31 Accounts Payable balance is:
Business
1 answer:
Usimov [2.4K]2 years ago
7 0

Answer:

The answer is "$6,590".

Explanation:

If 50% of the purchase amount would be paid in the next month, the account payable in January will thus amount to 50% of the item purchased in January. In January, all accounts payable at the start of Dec will therefore not be added to the trade payables for January.

=\$ 13,180 \times 50\%\\\\=\$ 13,180 \times \frac{50}{100}\\\\=\frac{\$ 659000}{100}\\\\=\$ 6,590\\\\

You might be interested in
Bravo Industries intends to retire $950,000 in short-term debt using proceeds from the sale of 30,000 shares of common stock. Th
harina [27]

Answer:

the amount that should be excluded from the current liabilities is $750,000

Explanation:

The computation of the amount that should be excluded from the current liabilities is shown below;

= Number of shares in the common stock × selling price per share

= 30,000 shares × $25

= $750,000

Hence, the amount that should be excluded from the current liabilities is $750,000

7 0
3 years ago
Suppose you purchased 500 shares of Jet-Electro Corporation stock at a price of $22.50 per share. One year later, the shares are
viva [34]

Answer:

C) 0.0 percent

Explanation:

The net return on any investment is what we receive from the investment in addition to the purchase price paid.

In the given instance the investor pays $22.50 per share as an investment cost, to acquire such shares. Number of shares purchased = 500

Now at the end of the period the shares are sold for $21 each

Also the dividend per share received is $1.50

Thus, total return = $21 + $1.50 = $22.50 per share.

This is exact same as that of the investment price.

Thus net return = Total benefits - Cost = $22.50 - $22.50 = $0

Since net return is $0 the value of return in percentage shall also be $0.

6 0
3 years ago
Explain the importance of excellent customer service.
IRISSAK [1]
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
7 0
2 years ago
1. What is bartering?
Vinil7 [7]

Answer:

It means exchange for good or service without using any money

4 0
3 years ago
Read 2 more answers
Which of these is NOT part of a consumer profile?
Vilka [71]

Answer

Polygraphics

Explanation

Consumer profile is a way in which consumer are categorized according to groups regarding the market and the advertising purposes. By this you create a good picture of your customers which helps you to make good decisions according to the services you are offering. Customer profiling normally includes:

Demographic profiling which is the data concerning the population, age gender and the income of people within a certain population.,

Psycho-graphics profiling this is where the behavior and beliefs of a certain population is captured.

Buying patterns this is normally the consumers behavior in the market its is about the quantity, duration e.t.c.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Which type of flash memory card is currently the smallest type of card?
    5·1 answer
  • You can ready yourself for an interview by:
    9·1 answer
  • Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable
    12·1 answer
  • These five things should be looked for in a career/ministry:
    8·1 answer
  • Shaun is the manager of a warehouse operated by a department store. he is trusted by his subordinates because he shares informat
    9·1 answer
  • Nell and Kirby are in the process of negotiating their divorce agreement. What should be the tax consequences to Nell and Kirby
    13·1 answer
  • What type of lawsuit occurs if an employee decides to file a lawsuit against a company?
    9·2 answers
  • Commission earned but not received is debit or credit?​
    12·1 answer
  • What is the difference between gross & net pay
    5·1 answer
  • Which type of interest can earn more money over the long term?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!