All categories

2 years ago

The product is shown without a decimal point. Where should the decimal point be placed?

Business

1 answer:

mojhsa [17]2 years ago

7 0

Answer:

Answer:B Place the decimal point after 2

Explanation:

All you have to do is multiply 3.12 times 4

You might be interested in

Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,000, $9,000, and $1

nika2105 [10]

Answer:

$21,435.74

Explanation:

Marko will pay as much as the discounted present value of the cash flow:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $5,000.00

time 1.00

rate 0.14000

$\frac{5000}{(1 + 0.14)^{1} } = PV$

PV 4,385.9649

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $9,000.00

time 2.00

rate 0.14000

$\frac{9000}{(1 + 0.14)^{2} } = PV$

PV 6,925.2078

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $15,000.00

time 3.00

rate 0.14000

$\frac{15000}{(1 + 0.14)^{3} } = PV$

PV 10,124.5727

We add them together and get the total price for ABC Co

$\left[\begin{array}{ccc}#&Cashflow&Discounted\\&&\\1&5000&4385.96\\2&9000&6925.21\\3&15000&10124.57\\&total&21435.74\\\end{array}\right]$

8 0

3 years ago

Jenkins Inc., prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234,

marishachu [46]

Answer:

$18,334

Explanation:

Given the following :

Cash worth = $1,234

Inventory worth = $13,480

Accounts receivable worth = $7,789

Net fixed asset = $42,331

Other assets = $1,822

Accounts payables = $9,558

Notes payables = $2,756

common stock = $22,000

Retained earnings = $14,008

Long term debt :

Total asset - current liability - stockholders equity

Total asset =current asset + net fixed asset + other asset

Current asset = cash worth + inventory worth + accounts receivables

Current asset = $(1234 + 13480 + 7789) = $22503

Total asset = $(22503 + 42331 + 1822) = $66656

Current liabilities = Accounts payables + notes payables

Current liabilities = $(9558 + 2756) = $12314

Stockholders equity = $(22,000 + 14,008) = $36,008

Long term debt :

Total asset - current liability - stockholders equity

$(66656 - 12314 - 36008) = $18,334

7 0

3 years ago

Trent Automobiles Inc. was expecting a large shipment of scrap metal a week earlier. As the shipment did not arrive on time, the

elena-s [515]

Answer:

Lack of efficiency.

Explanation:

As Trent Automobiles Inc. was expecting a large shipment of scrap metal and due to the fact that it could not arrive on time, the only way to compensate the loss was to make an urgent order for same quantity of scrap metal from a local manufacturer, which led the company to compromise on the quality. If proper track was kept and all the upcoming scenarios had been calculated before hand with a ready substitute raw materials before hand, this would have been not the result. Thus, this indicates a complete lack of efficiency from the side of management of the company.

8 0

3 years ago

Which of the following statements regarding uncertainty in liabilities is not correct? Group of answer choices Liabilities can i

nadya68 [22]

Answer: A company can only record a liability when it knows whom to pay, when to pay, and how much to pay

Explanation:

A liability is simply defined as the amount that a particular company owes. Liabilities consist of loans, accrued expenses, defered revenue, and accounts payable.

We should note that liabilities can involve uncertainty in whom to pay. Also, a company can have an obligation of a known amount to a known creditor, but not know when it must be paid.

Based on the options given in the question, the answer will be "a company can only record a liability when it knows whom to pay, when to pay, and how much to pay".

5 0

3 years ago

Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of

Nikolay [14]

The answer is D I hope I am right

3 0

3 years ago