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2 years ago

12

assuming you had dinner at Tuscan grille in newburyport your bill is 100 how much tax is added to the bill and what portion of t

he tax collected goes where

1 answer:

arsen [322]2 years ago

4 0

Answer:

Tax Value = 107.5 - 100 = 7.5

i'm not sure about the last portion

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Inelastic , and increases

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3 years ago

Cobe Company has already manufactured 21,000 units of Product A at a cost of $15 per unit. The 21,000 units can be sold at this

bezimeni [28]

Answer and Explanation:

The computation is shown below;

Particulars Sell process further

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Relevant cost

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Less: Total relevant cost $0 $290,000

Income $450,000 $629,000

Incremental income $179,000

The $1,372,000 is come from

= 5,800 units × $105 + 12,000 units × $50

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3 years ago

QS 7-13 Note receivable interest and maturity LO P4 On December 1, Daw Co. accepts a $36,000, 45-day, 10% note from a customer.

asambeis [7]

Answer and Explanation:

The journal entries are shown below:

1. Interest Receivable $300($36,000 × 10% x 30 ÷ 360)

To Interest Revenue $300

(Being accrued interest revenue is recorded)

2. Cash $36,450

To Interest Receivable A/c $300

To Interest Revenue A/c $150 ($36,000 × 10% x 15 ÷ 360)

To Notes Receivable A/c $36000

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3 years ago

Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positivel

Dmitry_Shevchenko [17]

Answer:

a) Portfolio ABC's expected return is 10.66667%

Explanation:

The expected return is based on the risk factor of a project. If a project has higher risk its rate of return will be higher. Portfolio ABC has one third of its funds invested in each stock. The return of on A and B are 20% and 10%. Their beta is 1.0 for both the stocks while stock C has beta 1.4. The portfolio expected return will be 10.66667%.

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3 years ago

On January 10, Chen Co. issued an $80,000, 6%, 90-day note payable to Rao Co. Using a 360-day year, what is the total interest e

Yanka [14]

Answer:

d. $1,200

Explanation:

The computation of the interest expense is shown below:

= Principal × rate of interest × number of days ÷ (total number of days in a year)

= $80,000× 6% × (90 days ÷ 360 days)

= $1,200

We simply apply the simple interest formula

Since the number of days and the total number of days are given so we considered the same for the computation part.

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3 years ago