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2 years ago

12

On June 30, Nance Company receives a $5,000, 90-day, 4% note from a customer as payment on her account. How much interest will b

e due on the note's maturity date

1 answer:

DedPeter [7]2 years ago

5 0

Answer:

50$

Explanation:

5000 x 4% x 90/360 = 50$

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Careers in the Hospitality and Tourism career cluster are

son4ous [18]

Answer:

The correct answer is: B. Bountiful and expected to continue to grow.

The tourism and hospitality industry is a fast growing and developing industry, so in the future, it is expected to grow, and become more bountiful.

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2 years ago

Read 2 more answers

The upward-sloping segment of the

Airida [17]

Answer:

increases in the price level that raise profits, inducing firms to produce more

Explanation:

increases in the price level that raise profits, inducing firms to produce more

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3 years ago

Which of these components does a business exclude from its net income under operating surplus

solniwko [45]

It excludes money paid as salaries or wages to employees.

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3 years ago

UP Forklifts sells two products, large forklifts and small forklifts. A large forklift sells for $ 80 comma 000 per unit with v

svlad2 [7]

Answer:

Break-even point (units)= 90 units

Explanation:

Giving the following information:

Large forklift:

Selling price= $80,000 per unit

Unitary variable cost= $26,000 per unit.

Small forklifts:

Selling price= $60,000 per unit

Unitary variable cost= $12,000 per unit.

Total fixed costs for the company are $4,455,000.

Sales proportion:

Large forklift= 0.25

Small forklift= 0.75

To calculate the break-even point in units, we need to use the following formula:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (0.25*80,000 + 0.75*60,000) - (0.25*26,000 + 0.75*12,000)

Weighted average contribution margin= 65,000 - 15,500= 49,500

Break-even point (units)= 4,455,000/ 49,500

Break-even point (units)= 90 units

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3 years ago

granted the president and other officials increased power over banks arrowRight established a safety net to assist poverty-stric

Rama09 [41]

Emergency Banking Act granted the president and other officials increased power over banks.

Social Security Administration: it established a safety net to assist poverty-stricken Americans.

National Recovery Administration (NRA): it wrote regulations for fairer labor practices and a fairer market

Civilian Conservation Corps: it employed young men to develop and protect natural resources.

Bank Holidays: it temporarily closed banking operations to prevent further economic damage.

What gave the president the authority to regulate banks?

The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States.

What was the Emergency Banking Act of 1933?

The Emergency Banking Act was a federal law passed in 1933. Signed into law by President Franklin D. Roosevelt (D) on March 9, 1933, the act granted the president, the comptroller of the currency, and the secretary of the treasury broader regulatory authority over the nation's banking system.

What does the Civilian Conservation Corps do?

The Emergency Conservation Work Act of 1933 mandated that the Civilian Conservation Corps (CCC) recruit unemployed young men from urban areas to perform conservation work throughout the nation's forests, parks, and fields.

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2 years ago