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3 years ago

A machine whose cash ptice us $700 was bought on hire purchase for $784. The cost of credit was

Business

1 answer:

anastassius [24]3 years ago

7 0

Answer:

$84

Explanation:

Cost of Credit refers to the expenses incurred when using credit. It is the cost of borrowing and is represented by the difference between the total amount paid back and the amount borrowed.

I.e., cost of credit = Amount paid - Amount borrowed.

In this case,

Cost of credit = $784 - $700

Cost of credit = $84

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True the effect on tax is quantity sold

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4 years ago

ErgoWorld Inc. manufactures office furniture. The company is considering adopting a modular production system. A modular system

kari74 [83]

Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Explanation:

The options are:

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C. customers are willing to pay a premium price for extreme customization and personalization.

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3 years ago

Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The

Levart [38]

Answer:

$0.16

Explanation:

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Sugar 80 $0.40 $32

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Total <u>$832</u>

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3 years ago

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Gala2k [10]

Answer:

$450,000

Explanation:

Calculation for the amount that would be expensed

Using this formula

Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project

Let plug in the formula

Amount to be expensed =$150,000+$300,000

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4 0

3 years ago

ASSIGNMENTS

Tom [10]

False...no one needs to know ur personal reasons

6 0

3 years ago

A machine whose cash ptice us $700 was bought on hire purchase for $784. The cost of credit was​

A machine whose cash ptice us $700 was bought on hire purchase for $784. The cost of credit was