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mestny [16]
3 years ago
8

82% of companies shop their products by truck. 47% of companies ship their product by rail 40% of companies shop by truck and ra

il. What is the probability that a company shops by truck or rail
Business
1 answer:
hram777 [196]3 years ago
3 0

Answer: 0.89

Explanation: add the 82% and 47% then subtract the 40, answer is 89.

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You want to be able to withdraw $35,000 each year for 15 years. Your account earns 9% interest. a) How much do you need in your
Lina20 [59]

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4 0
2 years ago
Kevin is the financial manager of levingston bmw. the shop allows employees to purchase up to two vehicles at a discount. leving
SIZIF [17.4K]

Kevin must take in $2,500 into his gross income. This is for the reason that the $13,000 ($70,000 -$57,000) discount got on the M3 is bigger than the qualified employee discount of$10,500 (sales price of $70,000 multiplied by the average gross profit percentage of 15%). There is no gross income from the acquisition of the 530 because the $9,000 ($63,000 - $54,000) reduction is less than the qualified employee discount of $9,450 ($63,000 multiplied by the average gross profit percentage of 15%).

5 0
3 years ago
The following is the adjusted trial balance for Baker Services. Accounts Debit Credit Cash $34,000 Accounts Receivable 28,000 Pr
marta [7]

Answer:

Ending RE           153,000

Explanation:

Retained Earning will be calcualte as follows:

$$Beginning Retained Earnings$$$+/- Net Income/Loss$$$- Dividends$$$Equals Ending Retained Earning

We need to solve for the net incoem in order to solve for ending Retained Rearnings (RE)

Net Income: Revenues - Expenses

Service Revenue            280,000

Salaries Expense             (62,000)

Depreciation Expense       (5,900)

Supplies Expense             (14,000)

Insurance Expense           (14,600)

Utilities Expense            <u>  (20,000) </u>

             Net Income       163,500

Retained Earnings 11,500

Net Income         163,500

Dividends            (22,000)

Ending RE           153,000

7 0
4 years ago
Cullen Company has $235,000 in credit sales, and $164,200 in its Accounts Receivable at the end of the year. The company uses th
S_A_V [24]

Answer:

Net Realizablel Value of Account receivable = $142,850

Explanation:

Particulars                                                             Amount

Total Accounts Receivable                                  $164,200

- Pre-adjusted Uncollectable Account balance  $7,250

- Current Year Uncollectable Amount                 <u>$14,100   </u> ($235000*6%)

Net Realizable Value                                            <u>$142,850</u>

4 0
3 years ago
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