Answer:
Instructions are below.
Explanation:
Giving the following information:
Sales= 8,000 units
Total cost= $612,500.
Selling price= $100.
Selling costs:
commissions equal to 5% of the sales
other selling expense of $45,000.
Administrative expense totaled $47,500
<u>Income statement:</u>
Sales revenue= (8,000*100)= 800,000 100%
COGS= (612,500) 76.56%
Gross profit= 187,500
commissions= 0.05*800,000= (40,000) 5%
other selling expense= (45,000) 5.63%
Administrative expense= (47,500) 5.94%
Net operating income= 55,000 6.87%
Answer:
C. increase both total assets and total liabilities by $ 80,000.
Explanation:
Before the purchase:
Cash $25,000
Net Actives: $25,000
After the purchase:
Buildings $105,000
Notes Payable $80,000
Net Actives: $25,000
The total increase of the total active comes with an increase in the debts too, both in 80,000.
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Answer:
Total market value of shares = 1.25 billion x $20 = $25 billion
Market value of shares after share repurchase = $25 billion - $5 billion
= $20 billion
No of shares after repurchase = <u>Market value after repurchase</u>
Market price per share
= <u>$20 billion</u>
$20
= 1 billion shares
The correct answer is B
Explanation:
The total market value of shares is obtained by multiplying the number of shares outstanding by the market price per share. The market value after repurchase is total market value of shares less value of shares repurchased. The number of shares outstanding after repurchase is the market value after repurchase divided by the market price per share.
Answer:
$42.2
Explanation:
The base rate is $25
The first 50 visits cost $.30 per visit. The total for the first 50 visits will be:
50 X $.30
= 50 x 0.30 =$15
After the first 50 visits, the customer pays $.10 per visit. The no. of visits after 50 will be 72- 50.
Costs after 50 visit will be 22 X .10
=22 x .10= $2.2
The total amount the customer will pay is $25 + $15 + $2.2
=$42.2
