1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grigory [225]
3 years ago
13

Fein Company provided the following information relating to cash payments:

Business
1 answer:
rjkz [21]3 years ago
6 0

Answer:

23,690

Explanation:

From July Purchases = 61,600

(77,000 * 80%)

From August Purchases = 14,600

(73,000 * 20%)

From July: 3,230

(32,300 * 10%)

From August : 31,860

(35,400 * 90%)

Overhead (77,200 - 6,350) = 70,850

Loan repayment (23,000 +(23,000*9% *4/12)

You might be interested in
ID Goods Corp. sells safety footwear to its client base that includes oil refineries, meat processors, catering companies, hospi
Alex17521 [72]

Answer:

Aftermarketing

Explanation:

Aftermarket IMG is defined as the set of activities a business undertakes after making a product sale to retain customers and to foster repeat sales.

For example following up on the customer to ascertain level of satisfaction with the purchase, after sale technical support, and complaint management.

In the given scenario ID Groups Corp maintains a database that contains customer information and a history of each of their purchases, offers ongoing guidance on product maintenance, and responds quickly to complaints and seeks customer satisfaction.

These are aftermarketing activities.

4 0
3 years ago
Sam wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacatio
KATRIN_1 [288]

Answer: Unit of account; Store of value; Medium of exchange.

Explanation:

Sam can easily know that the price of the computer system is more than the price of the vacation. This is a Unit of Account.

Unit of account is measuring of the value of a product against another in terms of a specific currency.

Sam has $1,537 in his checking account. This is a Store of value.

Store of value means an asset or money can be saved and retrieved at a later time, for future use.

Sam writes a check for $1,299 is a medium of exchange.

Medium of exchange is used to facilitate trade between parties. He exchanged money for the computer.

5 0
3 years ago
Jerry Seinfeld derives utility from only two goods: Puffy shirts (X) and cereal (Y). His utility function is: U = XY'. The price
Sladkaya [172]

Answer:

Hope this helps

Explanation:

His utility function is U=XY9. The price of X is 10 dollars and the price of Y is 20 dollars and Jerry has an income of 500 dollars. Suppose the price of Puffy Shirts increased to 20 dollars. The compensated bundle is 2.6794, 24.1149.

7 0
3 years ago
Jerilyn is a 30% partner in the APJ Partnership when she sells her entire interest to Melly for $92,000 cash. At the time of the
k0ka [10]

Answer:

Jerilyn will have a gain of $17,000 from sale of her interest

Explanation:

Jerilyn will recognize a gain on the sale of her interest and the gain amount would be $17,000 which is computed from the difference among her basis in APJ of $75,000 and sells her interest for $92,000 ($92,000 - $75,000).

She recognizes the gain as she receives the only cash for selling her interest and the amount is more than her basis in her partnership interest and also APJ has no hot assets, therefore, the gain will be recognized as capital.

4 0
3 years ago
Which of the following skills are
Verizon [17]

Answer:

A. organization

Explanation:

a secretary writes the minutes during a meeting and also schedules the meetings for his boss therefore he/she must be organized for the work to be done efficiently.

7 0
3 years ago
Other questions:
  • Kelly's kitchen, a popular chain of fast food restaurants, offers a kids' meal pack free with every purchase of its newly introd
    11·1 answer
  • Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take ?
    9·2 answers
  • What factors can help you create a good credit score when you have a credit card
    10·1 answer
  • Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value. If the stand owne
    11·1 answer
  • These items are taken from the financial statements of Sunland Company on December 31, 2022.Buildings $107,916Accounts receivabl
    8·1 answer
  • The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 800,000 Net operating income $ 50,000 Averag
    6·1 answer
  • In 2001, President George W. Bush and Federal Reserve Chairman Alan Greenspan were both concerned about a sluggish U.S. economy.
    11·1 answer
  • During 2018, Raines Umbrella Corp. had sales of $715,000. Cost of goods sold, administrative and selling expenses, and depreciat
    10·1 answer
  • A not-for-profit firm uses a small convenience sample to gather data on customer reactions. It invites a small group of customer
    5·1 answer
  • Select the items that are needs from your bank statement. ABC BANK Available Balance $230.00 Cell phone plan$45 Rent$400 Car ins
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!