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4 years ago

8

You put $500 in an interest-bearing bank account that pays 2% per year has a fee of two dollars per month. Are you getting ahead

?

1 answer:

Luda [366]3 years ago

5 0

2% of $500 = $10

$2 per month for a fee = $12 in fees

You ar losing $2 every year

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Two word roots that combined mean "to feed oneself"

slega [8]

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That’s your answer!!

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3 years ago

If a company uses it's WACC as the discount rate for all of the projects it undertakes then the firm will tend to: I. reject som

dmitriy555 [2]

Answer:

It is E

Explanation:

Each different project has different risk profile i.e business risk and finance risk. At such , these risks must be adjusted for to produce project specific cost of capital.

If a company is investing in another line of business with a different risk profile to the existing business, this will have an impact on the WACC to be used to assess the viability of the new project.

Likewise, if the new project is being financed with a mixed of capital different from the current finance structure, such will equally impact on the WACC to be used.

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3 years ago

Xenox Company had net credit sales during the year of $1300000 and cost of goods sold of $800000. The balance in accounts receiv

Lunna [17]

Answer:

8 times

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Net credit sales = $1,300,000

Beginning accounts receivable = $185,000

Ending accounts receivable = $140,000

Accounts receivable turnover is the ratio of net credit sales to average accounts receivable.

It can be calculated as:

Average accounts receivable = $\frac{Beginning accounts receivable + Ending accounts receivable}{2}$

Average accounts receivable = $\frac{185,000 + 140,000}{2}$

Average accounts receivable = $\frac{325,000}{2}$

Average accounts receivable = $162,500

Accounts turnover ratio = $\frac{Net credit sales}{Average accounts receivable}$

Accounts turnover ratio = $\frac{1,300,000}{162,500}$

Accounts turnover ratio = 8 times

4 0

3 years ago

Eliza took her car to her regular mechanic, who had a private business. The mechanic often advertised on billboards, writing "Re

AysviL [449]

Answer: a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in question was more extensive than necessary to protect the public interest.

Explanation: An advertisement is a notice or action promoting a product or service and soliciting patronage.

When there is no regulation of an advert, abuse is expected. Protecting the public interest is important as advertisement may be misleading if there are no extensive rules.

In a situation whereby the mechanics advertisement was found not to be inherently misleading, a different verdict may have been given.

4 0

3 years ago

Read 2 more answers

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $184,000

Vitek1552 [10]

material handling cost should be assigned to products made in March <u>$36,000.</u>

Given data,

labor cost = $360,000

move material per year = 600,000 pounds

To find out material handling cost.

we find here first Labor Cost per pound of material that is express as

Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material .......................1

Labor Cost per pound of material ==360000/600000= $0.6 per pound of material

Labor Cost per pound of material = $ .6 per pound of material

so, we can say that 60000 pounds are moved in March so cost will be

60000 pounds are move cost = 60000 × $0.6

60000 pounds are move cost = $36000

material handling cost is: $36,000

<h2>What is material handling cost?</h2>

The freight for the items (equipment and material), insurance, and customs clearance fees, among other expenses, make up material handling costs (or MRC). Posted in Procurement and tagged cost, procurement, logistics.

Learn more about material handling cost: <u>brainly.com/question/20598911?referrer=searchResults</u>

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2 years ago