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kari74 [83]
3 years ago
15

The Consumer Electronics Show (CES) reports that the HP Spectre laptop computer starts at $994.00 for a base configuration. The

model displayed at its recent show costs $1,353, $118 more than the comparable 13-inch Apple MacBook Air. If Computers-R-Us buys the HP Spectre at the show with 3/15, net 30 terms on August 26, how much does it need to pay on September 9
Business
1 answer:
e-lub [12.9K]3 years ago
4 0

Answer: $1312.41

Explanation:

The following information can be depicted from the question:

Cost of HP Spectre laptop = $1353

Credit terms = 3/15, net 30

Therefore, since discount allowed is 3%, the complement of the discount rate will be:

= 100% - 3%

= 97%

Therefore, amount needed to pay will be:

= Listed price × Complement of discounts rate

= $1353 × 97%

= $1353 × 0.97

= $1312.41

Therefore, the amount needed to pay is $1312.41

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In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information i
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Answer:

(B) $45,000.

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $74,000

Adjustment made:

Add : Depreciation expense $52,000

Less: Increase in accounts receivable -$36,000

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Total of Adjustments -$29,000

Net Cash flow from Operating activities              $45,000

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The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the grow
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Answer:

$863,689.50

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The computation of the present value of the terminal value is shown below:

The terminal value at the end of the third year is

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= $64,000 × (1 + 2%) ÷ (8% - 2%)

= $1,088,000

Now its present value is

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This is the answer but the same is not provided in the given options

3 0
3 years ago
A storeowner orders 25 calculators that cost ​$4747 each. The storeowner can sell each calculator for ​$5656. The storeowner sol
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Answer:

$5,592

Explanation:

Given:

Number of calculators ordered = 25

Cost of each calculator = $4747

thus,

Total cost of the calculators ordered = 25 × $4747 = $118,675

Selling cost of each calculator = $5656

Number of calculators sold = 22

Total revenue = 22 ×$5656 = $124432

Number of calculators returned = 3

Charges for returning the calculator = $55

Total charges for returning the calculators = 3 × $55 = $165

Now,

The total profit

= Total revenue - Total cost of the calculators - Total charges for returning

= $124432 - $118,675 - $165

= $5,592

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