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JulijaS [17]
3 years ago
12

In 2020, Neighbor Co-Op Inc. sells 1,100 beverages in glass bottles and receives a $1.00 deposit for each returnable bottle sold

. As of December 31, 2020, a total of 880 glass bottles were returned and deposits on 130 bottles were forfeited because it is the company's policy that a deposit must be claimed within 30 days. The remaining 88 bottles are still with customers within the 30-day claim period. How much is the cost of goods sold for the bottles that were forfeited in 2020 assuming that the cost of each bottle is $0.80
Business
1 answer:
Effectus [21]3 years ago
4 0

Answer:

104

Explanation:

Because there was 130 that were forfeited and each bottle is 0.80 I multiplied 0.80x130 and got 104

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I think it's False



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How many years would it take for an investment of $280,000 to accumulate to at least $425,000 at 15% per year interest?
Alex73 [517]

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i will take at lease 3 years to get 425,845

4 0
4 years ago
You are trying to choose between purchasing one of two machines for a factory. Machine A costs $15,500 to purchase and has a thr
maxonik [38]

Answer:

EAC of Machine A is $6,788.64

EAC of Machine B is $6,094.62

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Explanation:

Equivalent Annual Cost (EAC) = (Asset price x discount rate)/(1-(1+discount rate)^(-n))), in which n is the number of year for usage of asset.

EAC of Machine A is $6,788.64 = ($15,500x15%)/(1-(1+15%)^(-3))

EAC of Machine B is $6,094.62 = ($17,400x15%)/(1-(1+15%)^(-4))

3 0
3 years ago
44. What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%?
snow_tiger [21]

Answer:

$5,000

Explanation:

A perpetuity pays $250 every year

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= 5/100

= 0.05

Therefore the present value of the perpetuity can be calculated as follows

= 250/0.05

= $5,000

Hence the present value of the perpetuity is $5,000

7 0
3 years ago
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The answer is <u>"Bring Your Own Device (BYOD)".</u>


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BYOD is a piece of the bigger pattern of IT consumerization, in which customer programming and equipment are being brought into the venture. BYOT (bring your own technology) alludes to the utilization of customer gadgets and applications in the working environment.

8 0
4 years ago
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