1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Agata [3.3K]
3 years ago
5

You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three sup

pliers: Thailand Polishing, India Shine, and Sacramento Glow. Thailand Polishing has submitted a bid of 3,000 baht. India Shine has submitted a bid of 3,000 rupee. Sacramento Glow has submitted a bid of $3,000. You check with your local bank and find that $1=10 baht , and $1=8 rupee. The final destination for the disks is New Delhi, India and there is a 35% import tax. Thailand Polishing and Sacramento Glow are based outside of India and India Shine is based in India.A .What is the price per unit in dollars, including import tax for Thailand polishing?B. What is the price per unit for India Shine?C. What is the price per unit for Sacramento Glow?
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
3 0

Answer:

(a) Thailand polishing price per unit is $2.03

(b) India shine price per unit is $1.88

(c) Sacramento glow price per unit is $15

Explanation:

(a) Thailand polishing:

Thailand polishing has submitted a quote of 3000 baht

$1 = 10 bhat

1 bhat = $ 0.1

Thailand polishing submitted bid = 3000 × $0.1 =$300

Import tax = 35%

Total cost = 1.35 × 300 = $405

Cost per unit = 405 ÷ 200 = $2.03

(b) India shine:

India shine has submitted a bid of 3000 rupees

$1 = 8 rupees

1 Rupee = $0.125

India shine submitted bid = 3000 × 0.125 = $375

Price per unit = 375 ÷ 200 = $1.88

(c) Sacramento Glow submitted bid = $3,000

price per unit = $3,000 ÷ 200

= $15

You might be interested in
Until this past century, infancy was the life-stage with the highest mortality rate. ______ was/were also a time of high risk, d
OverLord2011 [107]

The answer in the space provided is early childhood and toddler hood because they are likely to be prone to infectious disease as they are still young and have a weak immune system that made them susceptible to be associated with diseases that they could obtain easily.

6 0
3 years ago
Suppose your bank account pays interest monthly with an effective annual rate of 6%. What amount of interest will you earn each m
Bess [88]

Answer:

0.4868%

$615.47

Explanation:

Given that

a. EAR = 6%

Thus,

Equivalent monthly rate = (1 + r)^n - 1

Where r = EAR

Therefore

= (1 + 0.06)^1/12 - 1

= 1.0048675 - 1

= 0.0048675 × 100

= 0.4868%

b. Given that

Monthly rate = 0.4868%

Future value = 100,000

Time = 10 years

Recall that

FV annuity formula = C × (1/r) × ([1 + r ]^n - 1)

Where

C = payment

Therefore

100000 = C (1/0.004868) × ([1 + 0.004868]^120 - 1)

C = 100,000/(1/0.004868) × ([1 + 0.004868]^120 - 1)

C = $615.47 per month

4 0
3 years ago
Read 2 more answers
Fees associated with buying and finalizing your loan are known as _____.
zubka84 [21]
Closing cost is the term used to call for a fees associated with buying and finalizing your loan. When you say closing cost meaning you are closing a real estate transaction. From the world itself closing, meaning you are conveying the estate to the buyer.
3 0
3 years ago
Read 2 more answers
Ingrid Inc. has strict credit policies and only extends credit to customers with outstanding credit history. The company examine
Leviafan [203]

Answer:

Ingrid Inc.

a. Ingrid's balance in accounts receivable on December 31, 2018, prior to the adjustment is:

= $833,720.

b. Ingrid's balance in allowance for doubtful accounts on December 31, 2018, prior to the adjustment is:

= $6,800.

c. Adjusting Entry:

Debit Bad Debts Expense $3,180

Credit Allowance for Doubtful Accounts $3,180

To record the bad debts expense for the year and bring the balance of the Allowance for Doubtful Accounts to a credit balance of $6,800

Explanation:

a) Data and Calculations:

January 1, 2019 balances:

Accounts Receivable $478,000

Allowance for Doubtful Accounts $7,900 (credit)

Accounts Receivable $3,075,000 Sales Revenue $3,075,000

Cash $2,715,000 Accounts Receivable $2,715,000

Allowance for Doubtful Accounts $4,280 Accounts Receivable $4,280

Ending balance:

Allowance for Doubtful Accounts $6,800 (Credit)

T-Accounts

Account Titles                      Debit      Credit

Beginning balance         $478,000

Sales Revenue            $3,075,000

Cash                                               $2,715,000

Allowance for Doubtful Accounts       $4,280

Ending balance                                $833,720

Allowance for Doubtful Accounts

Account Titles                      Debit      Credit

Beginning balance                            $7,900

Accounts Receivable      $4,280

Bad Debts Expense                             3,180

Ending balance               $6,800

6 0
2 years ago
Identify the dominant market center between the atlantic and pacific coasts.
OLEGan [10]

Chicago is considered by many to be a central hub in the midwest between the east and west coasts. Consider the centralized location and proximity to water which makes the city an excellent port/

3 0
3 years ago
Other questions:
  • Erik is an investor with $5,000 available for investment. He has the following three investment possibilities from which to choo
    6·1 answer
  • Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. To simp
    8·1 answer
  • zzy Division of Marine Boats Corporation had the following results last year​ (in thousands). Sales $ 4 comma 700 comma 000 Oper
    7·1 answer
  • Carolyn, a designer at logisign, was not given the promotion she was expecting during the annual performance appraisal. she took
    12·1 answer
  • Sales mix is a.a measure of the relative mix of a business's variable costs and fixed costs, computed as contribution margin div
    7·1 answer
  • Benefit of family buisness​
    5·1 answer
  • Maurice, the marketing head of a nonprofit organization, always begins his presentation on a project by sharing a lesser-known f
    8·1 answer
  • Galvin grew up on a farm. He worked on his father’s farm and then inherited the business when his dad retired. For which career
    7·2 answers
  • The cost of issuing new common stock is calculated the same way as the cost of raising equity capital from retained earnings. Fa
    13·1 answer
  • 1- On November 2, Z-Mart purchased $500 of merchandise inventory for cash
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!