Each cookies cost $2.00
10 cookies would cost $5.00
Answer:
A) $56,750
Explanation:
Since Manning's ownership changed during the year, it must allocate income differently for the first 40 days than the remaining 325.
Kane should report the following income:
- 100% income form Manning x 40/365 = $73,000 x 40/365 = $8,000
- 75% income from Manning x 325/365 = $73,000 x 75% x 325/365 = $48,750
- total income allocated to Kane = $8,000 + $48,750 = $56,750
Answer:
It will be a violation of real estate law
Explanation:
Based on the information provided within the question it can be said that the if the Island View Broker agrees It will be a violation of real estate law. This is because until a deal is completely closed the deal can change and not go through. Some states and brokers allow this but will provide a discounted commission.
Answer:
Explanation:
a. Current ratio = current assets/ current liability
= current assets= 2,300+5,700+3,500= 11,500
Current liability= 3,000+3700= 6,700
Current ratio = 11,500/3700
= 1.72
b. How much in current assets does Heart of Tennessee Telecom have for every dollar of current liabilities that it owes?
It has $1.72
Answer: 45 containers
Explanation:
The number of containers needed is calculated by:
= (Expected demand during Lead time + Safety Stock) / Container Capacity
Expected demand during Lead time = Daily demand * Lead time
= 2,500 * 3
= 7,500 units
Safety stock = 1.5 days * 2,500
= 3,750 units
Number of containers needed:
= (7,500 + 3,750) / 250
= 45 containers
