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
son4ous [18]
3 years ago
10

Balance Sheet October 31 Assets Cash $ 36,500 Accounts receivable 87,000 Merchandise inventory 195,300 Property, plant and equip

ment, net of $624,000 accumulated depreciation 925,000 Total assets $ 1,243,800 Liabilities and Stockholders' Equity Accounts payable $ 259,000 Common stock 760,000 Retained earnings 224,800 Total liabilities and stockholders' equity $ 1,243,800 Q: What is the cost of December merchandise purchases
Business
1 answer:
dedylja [7]3 years ago
5 0

Answer:

so hard so hard i cant do this omgod so hard thos is your mom can answer this lol its funny

make this simple and not hard i cant answer this

You might be interested in
When​ Elle's Espresso Bar raised its price by 10​ percent, the quantity of coffee that Elle sold decreased by 40 percent. When E
victus00 [196]

Answer:<u><em> Elle's coffee has lots of close substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee.</em></u>

Here, it can be seen that when Elle's Espresso Bar raised its price by 10​ percent, the quantity of coffee that Elle sold decreased by 40 percent, whereas when Elle and all her competitors cut their prices by 10​ percent, the quantity of coffee sold by Elle increased by only 4 percent.

∴<em><u> The demand for Elle's coffee is more elastic than the market demand for coffee.</u></em>

<em><u /></em>

7 0
3 years ago
Read 2 more answers
An investor deposits $35,000 into an IRA for her retirement in 25 years.The account pays 3.5% interest compounded continuously.
sergeinik [125]

Answer:

The value of her account after 25 years, if she stays true to the plan is:

= $152,823.31.

Explanation:

a) Data and Calculations:

Initial deposits = $35,000

Period of investment = 25 years

Interest rate per year = 3.5% compounded continuously

Annual deposit into the same account = $1,800

Period of investment = 25 at 3.5% interest rate

Total value of her IRA account after 25 years:

Future value of $35,000 =       $82,713.57

Future value of $1,800 yearly = 70,109.74

Total future value =                 $152,823.31

From an online financial calculator:

N (# of periods)  25

I/Y (Interest per year)  3.5

PV (Present Value)  35000

PMT (Periodic Payment)  0

Results

FV = $82,713.57

Total Interest $47,713.57

N (# of periods)  25

I/Y (Interest per year)  3.5

PV (Present Value)  0

PMT (Periodic Payment)  1800

Results

FV = $70,109.74

Sum of all periodic payments $45,000.00

Total Interest $25,109.74

7 0
3 years ago
Watson Company applies overhead on the basis of machine hours. Given the following data, compute the amount of overhead applied
Dmitriy789 [7]

Answer:

A: $1,475,000

Explanation:

The computation of the overhead applied is shown below:

But before that first determine the predetermined overhead rate which is

= Estimated annual overhead cost ÷ Estimated machine hours

= $1,500,000 ÷ 300,000

= $5

Now the applied overhead is

= Predetermined overhead rate × Actual machine hours

= $5 × 295,000

= $1,475,000

6 0
3 years ago
Find the interest for one month on $575 at 3.1% annual interest paid monthly.​
nika2105 [10]

Answer:

$1.5

Explanation:

Interest is compounded monthly.

The applicable formula for amounts after one month is

A = P + (1 + r)^n

P = principal amount $575

r is interest rate 3.1% per year or 3.1/12 per month =0.26% or 0.0026

n= 1 month

A = $575 +( 1+0.0026)^1

A =$575x 1.0026

A= $576.495

A= $576.5

Interest earned in the month

= $576.5 -$575

=$1.5

4 0
3 years ago
Which of the businesses listed below is not a service-based business? car repair hotel house cleaning clothing
sergij07 [2.7K]

It would be Hotel/housing because it is a necessity, you need to sleep unlike repairing a car isn't needed to survive, it might help but you don't really need one. Same with clothes you can clean them yourself so if you don't have enough time to do it you take it to the cleaners.

3 0
3 years ago
Other questions:
  • Lisa is a manager at a thriving marketing company. Her boss recently gave her authorization to increase her department’s yearly
    14·1 answer
  • Burger Store is located near many large office buildings, so at lunch it is extremely busy. Burger Store management previously p
    15·1 answer
  • Braizen, Inc. produces a product with a $30 per-unit variable cost and an $80 per-unit sales price. Fixed manufacturing overhead
    7·1 answer
  • 1. The crucible is not fired, as the procedure suggests. The mass of the dirty crucible is recorded. However, the impurities are
    10·1 answer
  • Hailey, Inc., has sales of $19,650, costs of $9,380, depreciation expense of $2,050, and interest expense of $1,540. Assume the
    10·1 answer
  • At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,0
    15·1 answer
  • How did economic prosperity during the 1920s affect consumers?
    9·1 answer
  • A portfolio has 30% of its value in IBM shares and the rest in Microsoft (MSFT). The volatility of IBM and MSFT are 35% and 30%,
    11·1 answer
  • Jaheem's business sells a single product. The following information was gathered from Jaheem's records: Price $24.00 per unit Va
    15·1 answer
  • d). Management has decided that those employees whose scores are among the top 10% will be considered for promotion to a better
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!