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Crazy boy [7]
3 years ago
15

$444,567 Revenue, $400,500 Expenses. Net Profit?

Business
1 answer:
chubhunter [2.5K]3 years ago
4 0

Answer:

44,067

Explanation:

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As of December 31, 2017, Nilsen Industries had $2,000 of raw materials inventory. At the beginning of 2017, there was $1,600 of
natima [27]

Answer:

inventory requisitioned =  $353,600

so correct option is D. $353,600

Explanation:

given data

Beginning material inventory = $1,600

Ending material inventory = $2,000

purchased  of materials = $354,000

paid = $314,000

to find out

inventory requisitioned

solution

we will apply here inventory requisitioned formula that is

inventory requisitioned = purchase + opening inventory - Ending inventory     ............................1

put here value we get

inventory requisitioned = purchase + opening inventory - Ending inventory

inventory requisitioned =  $354,000 + $1,600 - $2,000

inventory requisitioned =  $353,600

so correct option is D. $353,600

4 0
3 years ago
Question 9 of 20
Alina [70]

Answer:

D

Explanation:

Because you still have to pay the same amount of taxes.

4 0
3 years ago
Brooke Company grants James Decorating additional time to pay its past-due account. James makes a written promise to pay Brooke
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He will be paying out a debt so the answer is D.
8 0
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Adam Company sells one product at a price of $50 per unit. Variable expenses are 40 percent of sales, and fixed expenses are $50
Oxana [17]

Answer:

$83,333

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The Petit Chef Co. has 7 percent coupon bonds on the market with 9 years left to maturity. The bonds make annual payments and ha
PilotLPTM [1.2K]

Answer:

The YTM is 6.45%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 7% = $70

Selling price = P = $1,038.50

Number of payment = n = 9 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $70 + ( $1,000 - $1,038.5 ) / 9 ] / [ (1,000 + $1,038.5 ) / 2 ]

Yield to maturity = [ $70 - $4.28 ] / $1,019.25  = $65.72 /$1,019.25 = 0.0645 = 6.45%

7 0
3 years ago
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