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2 years ago

If you sell only one or just a few items your business is

Business

2 answers:

Harlamova29_29 [7]2 years ago

8 0

that means simply your a business man seller

puteri [66]2 years ago

8 0

If you sell only a few items in your business that makes you a entrepreneur

You might be interested in

Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou

Alik [6]

Answer:

$4,000

Explanation:

The computation of the cash to be required to settle the liability is shown below:

= Purchase value of inventory - returned inventory which was purchased

= $5,000 - $1,000

= $4,000

It is a net purchase plus it is the cash required to settle the liability

There is no discount applied in the question as dates are not given so we ignored it.

4 0

3 years ago

A golf course is mostly likely to be closed on what day of the week?

nikklg [1K]

Hi!

The day of the week a golf course is mostly likely to be closed on is Monday. =)

8 0

3 years ago

Peng Company is considering an investment expected to generate an average net income after taxes of $2,600 for three years. The

daser333 [38]

Answer:

NPV = $-42,124.72

Explanation:

The new present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Cash flow in year 0 = $-54,000

Cash flow each year in year 1 and 2 = $2,600

Cash flow in year 3 = $2,600 + $7,200 = $9,800

I = 10%

NPV = $-42,124.72

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0

2 years ago

Suppose you just bought a 25-year annuity of $8,200 per year at the current interest rate of 12 percent per year. What is the va

zhannawk [14.2K]

Answer:

64,313.74 ; 95,559.38 ; 47,283.11

Explanation:

by definition the present value of an annuity is given by:

$a_{n} =P*\frac{1-(1+i)^{-n} }{i}$

where $a_{n}$ is the present value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

1. P=8,200, n=25, i=12%

$a_{n} =8,200*\frac{1-(1+12\%)^{-25}}{12\%}$

$a_{n} =64,313.74$

2. P=8,200, n=25, i=7%

$a_{n} =8,200*\frac{1-(1+7\%)^{-25} }{7\%}$

$a_{n} =95,559.38$

3. P=8,200, n=25, i=17%

$a_{n} =8,200*\frac{1-(1+17\%)^{-25} }{17\%}$

$a_{n} =47,283.11$

6 0

3 years ago

Chae Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the firs

nasty-shy [4]

Answer:

If costs and percentage completion of these units in beginning inventory were:

Cost Percent Complete

Materials costs $7,900 60%

Conversion costs $6,900 30%

A total of 8,100 units were started and 7,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

Materials costs $137,900

Conversion costs $323,900

The ending inventory was 80% complete with respect to materials and 75% complete with respect to conversion costs.

Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places.

The cost per equivalent unit for materials for the month in the first processing department is closest to $17.03

Explanation:

Weighted-average method is used to make an inventory valuation, taking average values for both the merchandise in stock and for the costs of merchandise sold.

But in this case, since you have unfinished units, you must take the equivalent to calculate the unit cost.

Materials:

Units completed: 7,600

Units in process: 1,200 * 80% = 960

Equivalent production units: 7,600 +, 960 = 8560

Cost at start: 7,900

Added costs in the period: 137,900

Total cost: 7900 + 137,900 = 145,800

So: 145,800 / 8,560 = 17.03 is the equivalent unit cost per product

4 0

3 years ago