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3 years ago

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A developer purchased two 135-front-foot lots for $22,900 net each and divided them into three lots of equal front footage. The

developer sold the lots for $230 per front foot. Calculate the developer's percentage of profit (round to the nearest whole percentage point).

1 answer:

uranmaximum [27]3 years ago

7 0

Answer should be &169.63

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Cards offered by retail stores to use specifically in their stores are called what type of credit card?

Paul [167]

Answer:

It is called store credit card

Explanation:

The other is a bank or card network such as Visa, MasterCard, Discover or American Express. With co-branded credit cards, cardholders may get merchandise discounts or rewards points when they buy from the sponsoring merchant, but can also use the cards any other retailer that takes cards from the bank or card network.

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3 years ago

In capital budgeting decisions, corporate risk will be of least interest to: a. The local community. b. Employees. c. Institutio

Neko [114]

Answer:

c. Institutional investors.

Explanation:

Institutional investors -

<u>It is an entity that pools the money in order to purchase securities , the real property and other investment assets or loans .</u>

It includes banks , companies , insurance , pensions , hedge funds , mutual funds , endowments .

Hence , for the capital budgeting decisions , the corporate risk is the minimum in this case .

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3 years ago

You are given the market demand function Q = 3400 - 1000p, and that each duopoly firm's marginal cost is $0.28 per unit, which i

kirza4 [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

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3 years ago

Placker Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.

frozen [14]

Answer:

Total cost of job A881= $9,445

Explanation:

<em>The total cost of Job 881 would be the sum of the direct cost and the manufacturing overhead </em>

Total cost = Direct material + direct labour + variable manufacturing overhead + Fixed Overhead

Direct material and labour represent cost of material and labour incurred wholly and directly for Job A881

The overhead absorption rate(OAR) would be used to charge fixed manufacturing overhead to Job A881

The absorbed overhead = OAR × actual machine hours used for Job A881

OAR = budgeted overhead ÷ budgeted machine hours

OAR = $155,000 ÷ 50,000 machine hours = $3.1 per machine hour

Fixed manufacturing overhead absorbed = $3.1 × 100 = $3,100

Variable manufacturing overhead = $3.40 × 100 = $3,400

Total cost of job A881= 645 + 2,300 + 3,400 + 3,100 = $9,445

Total cost of job A881= $9,445

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3 years ago

Joni Hyde Inc. has the following amounts reported in its general ledger at the end of the current year.

scoundrel [369]

Answer:

$97,210

Explanation:

The computation of the total amount to be reported by Hyde for intangible assets is calculated below:

= Trademarks + Excess of cost over fair value of net identifiable assets of acquired subsidiary

= $16,710 + $80,500

= $97,210

In order to find out the intangible assets we considered the trademarks and the excess of cost over fair value only.

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3 years ago