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pentagon [3]
3 years ago
14

A problem is listed below. Identify its type. A certain company has purchased new swivel chairs for its employees. The company m

ade the purchase on a credit plan at Buy Right. Their monthly payments are $1,000 for 2 years. Buy Right will charge 3.45% per year compounded monthly. How much was the original total price of the furniture
Business
1 answer:
DochEvi [55]3 years ago
8 0

Answer:

it is 12.8%

Explanation:

cause it is

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How do you prepare a balance sheet
Romashka [77]

Answer:

1.

Determine the reporting Date and period. 2. Identify your assets. 3. Identify your liabilities.

4. Calculate shareholders' equity.

Add total liabilities to total shareholders' equity and compare to the assets.

5 0
3 years ago
Read 2 more answers
A company manufactures various-sized plastic bottles for its medicinal product. The manufacturing cost for small bottles is $50
Artyom0805 [142]

Answer:

a. $(8000)

b. Company should choose alternative 1 and make bottles.

Explanation:

Particulars               Make Bottles            Buy Bottles  Differential

                                Alternative 1             Alternative 2

Purchase Price                  0                       $37                               $(37)

Freight Charges                 0                       $4                                $(4)

Variable cost                    $33                                                          $33

Fixed Cost                        $17                     $17                                  0

Cost per unit                    $50                    $58                              $(8)

Income / (Loss)                 $50,000            $58,000                      $(8,000)

b. The company should choose alternative 1 and make bottles. The buying of bottles will cost company loss of $8,000.

7 0
3 years ago
Malcolm (37) is a U.S citizen
Natali [406]

Answer: good for him

Explanation:

7 0
2 years ago
What is the safest way to install a new flash drive that you just purchased? Check all of the boxes that apply.
BlackZzzverrR [31]

Answer:

  1. Plug it into one of the computer's USB ports.
  2. Wait for the computer to recognize the flash
  3. drive.
  4. Install drivers if prompted to do so.
4 0
3 years ago
Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven
BARSIC [14]

Answer:

Variable cost per unit= $1.16 per mile

Explanation:

Giving the following information:

January 16,200 $22,650

February 17000 $23,250

March 18400 $25,450

Apri 16500 $22,875

May 17400 $23,550

June 15300 $21,850

<u>To calculate the variable cost per mile under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (25,450 - 21,850) / (18,400 - 15,300)

Variable cost per unit= $1.16 per mile

7 0
3 years ago
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