Answer: $730.2
Explanation:
Let the total cost of cleaning clothes = X
Other variables include:
Total cost of boxes = $6×120
=$720
Ordering cost =$3
Holding costs = (10/100 ×6)12
=$7.2
Total costs of cleaning clothes =
The cost of boxes+ordering cost+holding cost
=720+3+7.2 = $730.2
Answer:
turnover ratio = 16.87 %
Explanation:
given data
average daily assets = $2.7 billion
fund sold = $405 million
purchased = $505 million
solution
we get here turnover ratio that is express as
turnover ratio = 
................1
put here value and we get turnover ratio
turnover ratio = 
turnover ratio = 0.16875
turnover ratio = 16.87 %
Answer:
-$4,889.94
Explanation:
The computation of the net present value is shown below:
Net present value = Present value after considering the depreciation and discounting factor - initial investment
where
Present value is
= After-tax net income + Depreciation expense
= $1,700 + $15,000
= $16,700
And its discounting factor is 2.4018
So, the present value is
= $16,700 × 2.4018
= $40,110.06
And, the initial investment is $45,000
So, the net present value is
= $40,110.06 - $45,000
= -$4,889.94
An adjusting
entry by definition is an accounting journal at the end of an accounting period
which adjust income and expenses so that they comply with the accrual basis of
accounting.
In this case,
since $18,000 is still unearned, therefore the amount of adjusting entry is:
Adjusting
Entry = Balance – Unearned
Adjusting
Entry =$72,000 – $18,000
<span>Adjusting
Entry = $54,000</span>
