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2 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]2 years ago

7 0

Answer should be &169.63

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There are 2 methods of accounting for uncollectible receivables: Direct Write-Off and Allowance methods. Describe and compare th

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2 years ago

Madison Park Co-op, a whole foods grocery and gift shop, has provided the following data to be used in its service department co

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Answer:

Total cost Groceries department 4,103,238

Total cost Gif department 366,763

Explanation:

$\left[\begin{array}{ccccc}&Administration&Janitorial&Grocerys&Gifs\\$employee hours&&350&2690&160\\$square feet&&&9200&800\\Direct \: Cost&190000&70000&3860000&350000\\$Allocate A&-190000&20781.25&159718.75&9500\\$Subtotal&&90781.25&4019718.75&359500\\$Allocate J&&-90781.25&83518.75&7262.5\\$Total&&&4103237.5&366762.5\\\end{array}\right]$

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350 + 2690 +160 = 3200

Then, we cross multuply:

190,000 x 350/3200 = 20781.25

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we add them to their cost and then do the same for Janitorial.

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giving the total cost of the operating departments.

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