Answer:
$259.35
Explanation:
The computation of the amount of cash paid is shown below:
= (Purchase value of merchandise - returned goods of merchandise - discount charges)
= ($9,100 - $455 - $259.35)
= $8,385.65
The discount charges is
= (Purchase value of merchandise - returned goods of merchandise) × discount rate
= ($9,100 - $455) × 3%
= $259.35
We simply applied the above formula
Answer:
What was the rate of return to an investor in the fund?
10%
Explanation:
To calculate the Rate of Return it's necessary to find the variation of the Net Assets Value during the year plus the distributions of income, the result of this it's divided by the Start of Year Net Asset Value.
Rate of Return = (Var NAV + Distributions) / Start of Year NAV
Rate of Return =
($13,2 - $14,0) = -$0,80
+ Distributions = $2,2 /
Start of Year NAV = $14,0
Rate of Return = (-$0,80 + $ 2,2 ) / $14,0 = 10%
The action or process of keeping financial accounts is what accounting means
Answer:
21
Explanation:
Given that:
The utility function U(x, y) = 
The budget line income is:
105=4x +3y
The equation MRTS is:
where;
and:
∴
Using the equation MRTS:
4x = 12y
x = 12y/4
x = 3y
Replacing the value of x into the budget line income, we have:
105 = 4x + 3y
105 = 4(3y) + 3y
105 = 12y + 3y
105 = 15y
y = 105/15
y = 7
Then, from x = 3y
x = 3(7)
x = 21
Thus, she will consume 21 gapefruits
