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Artyom0805 [142]
3 years ago
9

Which services are bannks most liikly to offer

Business
1 answer:
gregori [183]3 years ago
4 0

Answer:

checking accounts, saving accounts, certificates of deposit, and loans.

Explanation:

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Colt Carriage Company offers guided​ horse-drawn carriage rides through historic Charleston comma South Carolina. The carriage b
motikmotik

Answer:

1) Colt Carriage Company

Income Statement

For the month ended April 202x

Revenues:

  • Adults passengers $186,300
  • Children $81,000                      
  • Total revenues                                       $267,300

Variable costs:

  • City fees $26,730
  • Souvenirs $7,425
  • Brokerage fees $11,340
  • Carriage drivers $52,650
  • Total variable costs                                  <u>$98,145</u>

Contribution margin                                        $169,155

Period costs:

  • Depreciation $2,900
  • Horse leases $48,000
  • Marketing expenses $7,350
  • Payroll expenses $7,600
  • Total period costs                                  <u>$65,850</u>

Operating profit                                             $103,305

2) If the total amount of passengers increase by 10%, then all variable costs will increase by 10% except brokerage fees which would increase only by 6%. Revenues should also increase by 10%. Period costs should not change.

Contribution margin should increase by 10.29% and operating profit would increase by 16.81%.

Explanation:

since the information is not complete, I looked it up:

Revenues

13,500 passengers:

8,100 x $23 = $186,300

5,400 x $15 = $81,000

total $267,300

variable costs:

fees paid to the city 10% of total revenue

souvenirs $0.55 per passenger

brokerage fees 60% of total tickets x $1.40

carriage drivers $3.90 per passenger

fixed costs:

depreciation $2,900

horse leases $48,000

marketing expenses $7,350

payroll expenses $7,600

6 0
3 years ago
What conclusion about state and local spending responsibilities can be drawn from the chart?
Over [174]

where is the chart? and what chart?

6 0
3 years ago
Read 2 more answers
When you purchase the exact same office supplies you purchased in the previous quarter, you are making a
tigry1 [53]

When you purchase the exact same office supplies you purchased in the previous quarter, you are making a straight rebuy.

<h3>What is a straight rebuy?</h3>

This is the type of purchase that a customer is known to buy that is in the same quantity and the same terms as the goods from the same supplier.

The perfect example of this is that people are known to visit the same coffee shop daily to make the same purchase.

Read more on a straight rebuy here:

brainly.com/question/8530057

#SPJ1

8 0
2 years ago
The adjusted trial balance of Concord Company shows the following data pertaining to sales at the end of its fiscal year, Octobe
Sonbull [250]

Answer:

Sales revenue    728,400

Sales R&A            (25,320)

Delivery Expense (12,780) * considered freight-out

sales discount   <u>   (12,380)    </u>

net sales:              677,920‬

sales revenue   728,400 debit

      income summary             728,400 credit

--to close revenues accounts--

income summary      50,480

  Delivery Expense                          12,780

   Sales Returns and Allowances  25,320

   Sales Discounts                           12,380.

--to close the contra account to sales---

Income summary  677,920

        Retained Earnings       677,920

Explanation:

4 0
3 years ago
A U.S.-owned automobile factory uses $100,000 worth of parts purchased from foreign countries along with U.S. inputs to produce
MatroZZZ [7]

Answer:

B. $500,000

Explanation:

In this question, we have to apply the GDP formula which is given below:

GDP = Cost of total produced cars - imports

where,

Cost of total produced cars would be

= Number of cars produced × price per car

= 30 cars × $20,000

= $600,000

And, the imports would be $100,000

So, the GDP would be

= $600,000 - $100,000

= $500,000

6 0
4 years ago
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