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Katena32 [7]
3 years ago
5

Privett Company

Business
1 answer:
aleksandrvk [35]3 years ago
7 0

Answer:

$130,032

Explanation:

Calculation to determine the amount of quick assets

Using this formula

Quick assets=Accounts receivable +Cash+Marketable securities

Let plug in the formula

Quick assets=$74,771+$24,116+31,145

Quick assets= $130,032

Therefore the amount of quick assets is $130,032

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Pretend you make $750 worth of purchases on your credit card, your bill arrives saying your minimum payment
Arte-miy333 [17]

Answer and Explanation:

You will be charged credit card interest on the outstanding balance. Your credit card interest is added to your outstanding balance for each day past your due date of payment(after the month you didn't pay the full amount)

You made a purchase of $750 and paid $150 and so you have an outstanding balance of $600. This outstanding balance will be charged interest on daily basis. Let's assume your APR(your annual interest over 12 months) is 24%, your interest is broken down into months and then days. Your monthly interest is therefore 24/12= 2% and your daily interest = 0.02/30 = 0.00067= 0.0067% per day.

Based on this assumption, you will be charged 0.0067% interest on your outstanding balance each day till you make full payment(interest + outstanding balance)

8 0
3 years ago
Kubin company’s relevant range of production is 16,000 to 24,500 units. When it produces and sells 20,250 units, its average cos
Nezavi [6.7K]

Based on the details given, the following are true:

  • 1. Incremental manufacturing cost = $14.60
  • 2. Incremental cost = $17.50

<h3>Incremental manufacturing cost if production increased from 20,250 to 20,251</h3>

The fixed cost will not change as the production amount is still below 24,500 units. Incremental manufacturing cost will therefore be:

= Direct material + Direct labor + Variable overhead

= 7.70 + 4.70 + 2.20

= $14.60

<h3>Incremental cost for increased from 20,250 to 20,251</h3>

This will include all costs that are not fixed.

= Incremental manufacturing cost + Sales commissions + Variable admin expense

= 14.60 + 1.70 + 1.20

= $17.50

Find out more on incremental manufacturing cost at brainly.com/question/8527680.

5 0
3 years ago
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist__
miss Akunina [59]

Answer:

raises;larger;decrease;always.

Explanation:

Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.

A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;

- Single seller.

- Profit maximizer.

- Price maker.

- High barriers to entry for others.

- Price discrimination.

- No close substitutes or competition.

3 0
3 years ago
Whose name is associated with humanism
Svetradugi [14.3K]

Answer:

The major theorists considered to have prepared the ground for Humanistic Psychology are Otto Rank, Abraham Maslow, Carl Rogers and Rollo May. Maslow was heavily influenced by Kurt Goldstein during their years together at Brandeis University. Psychoanalytic writers also influenced humanistic psychology. i hope this helps

Explanation:

7 0
3 years ago
Marlene has decided to save $3,500 so that she can attend the nearby community college. Which step in the decision process shoul
Mice21 [21]
The correct answer is A.) Take action

Have a good day :)
5 0
4 years ago
Read 2 more answers
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