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3 years ago

It is generally not a good idea to put a cash advance on your credit card because

Business

1 answer:

meriva3 years ago

4 0

They usually charge higher rates and often impose a fee

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7. EB Company sells a large pack of "Cutie" diapers for $20. One pack of diapers requires two pounds of raw material and one hou

kondaur [170]

Answer:

c. 600

Explanation:

One pack of diapers requires two pounds of raw material and one hour of direct labor for manufacture. Since Raw material costs $3 per pound and direct production labor is paid $4 per hour.

Therefore the cost of producing one pack of diaper = 2 pounds($3 per pound) + 1 hr($4 per hour) = $6 + $4 = $10

Since Fixed supervisory costs are $2,000 per month and EB rents its factory for $4,000 per month, the total expense for x diapers per month is given as:

Expense = $2000 + $4000 + $10x = $10x + $6000

The revenue generated by selling x diapers per month since one pack is sold at $20 is given as:

Revenue = $20x

At break even, Revenue = Expense

Therefore: $10x + $6000 = $20x

20x - 10x = 6000

10x = 6000

x = 6000/10 = 600

EB would need to sell 600 diapers to break even

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3 years ago

Beth has just been hired as a cocktail waitress. she must be certified as a seller-server within:

Zielflug [23.3K]

The answer to this question is 30 days
This 30 days delay after certification is to make sure that the certification holder still stay up to certain standards even after the certification.
This ensure the quality and the validity of the certification process and meke it more trustworthy in the eyes of the consumers.

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3 years ago

Sheffield Corporation had income from continuing operations of $10,745,300 in 2020. During 2020, it disposed of its restaurant d

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Answer: Please see explanation column for answers

Explanation:

Partial income statement for Sheffield Corporation

Income from continuing operations $10,745,300

Discontinued operations:

Loss from operation of discontinued $317,300

restaurant division, net of tax

Loss of disposal of restaurant division, $198,600

net of tax

Total of the losses $515,900

Net income $10,229,400

(Income from continuing operations -Losses from Discontinued operations)

Earnings per share

Income from continuing operations $10,745,300/10,000,000 shares

=$1.07453

Discontinued operations $515,900 /10,000,000 shares

=$0.05159

Earnings per share of net income ($1.07453-$0.05159) =$1.02294≈$1.02

Net Income for Sheffield Corporation is $10,229,400 with Earnings per share $1.02

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3 years ago

On May 25, Tyler, Inc. issues 100 shares of $10 par value preferred stock for $5,000 cash. The entry to record this transaction

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Basically I don’t know the answer but it wants me to put something

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3 years ago

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey

marissa [1.9K]

Answer: $‭2,890,426‬

Explanation:

= Cash received + Mortgage assumed - Points paid by Peyton - Broker's ,commission

= 1,867,200 + 1,120,320 - 22,406 - 74,688

= $‭2,890,426‬

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3 years ago