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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\\\\

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Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

<h3>What is internship?</h3>

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In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

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4 0
1 year ago
Which of the following is the amount a 65-year-old couple retiring this year will need to pay for medical care and
Tju [1.3M]

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3 0
2 years ago
2. How do fund raising for corporate organization differ from non- corporate organization<br>​
r-ruslan [8.4K]

Answer:

see below

Explanation:

A corporation is considered a legal person. It is a form of business ownership that is separate from its owners. A  Non-corporation business has not gone through the incorporation process. As such, the business and the owner as considered as one entity.  A partnership and sole proprietorship are examples of non-corporations.

Raising funds for a corporation is much easier than for a non-corporation. A corporation raises funds through borrowing or by issuing shares to the public or existing shareholders in a private corporation. The money generated from issuing shares can be used to expand the business or meet outstanding debts.

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4 0
2 years ago
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posledela

Answer:

The everyday low pricing policy is the policy that Matt's retail store is following.

Explanation:

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7 0
2 years ago
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