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tamaranim1 [39]
3 years ago
8

Dr. Montgomery recently graduated from medical school and his wife bought him an engraved stethoscope. The stethoscope cost $160

. 0. The sales tax in his city is 8%. What is the total cost of the stethoscope in dollars and cents including sales tax?.
Business
1 answer:
olasank [31]3 years ago
7 0
<h3>Answer: $172.8</h3>

That's correct :)

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Your cover letter should be no more than 1 page each
Andrei [34K]

Answer:

I didn't understand your question.

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3 years ago
Windy Day Flags is a growing company that produces decorative flags and other whimsical garden accessories. Charla, owner and CE
horsena [70]

Answer:

B) grafting

Explanation:

This is a very common expansion strategy mostly used by high tech firms that purchase startups basically for their patents (innovations) and their workers' talent.

But it can also be used by any company that decides to acquire a smaller supplier or vendor in order to lower costs or increase efficiency.

5 0
3 years ago
Safari Co. was organized to sell a single product that carries a 45-day warranty against defects. Engine 7% of the units sold wi
vovangra [49]

Answer:

A. $5,460

Explanation:

Expected rate of defects = 7%

Average repair cost = $70

Total sales = 1,200 units

Actual defective units = 6

Liability for product warranties (L) at month-end should be the difference between the expected warranty costs (EW) and the actual warranty (AW) costs:

EW = 0.07*1,200*\$70 = \$5880\\AW = 6*\$70 =\$420\\L = \$5880 - \$420\\L= \$5460

Liability for product warranties at month-end should be $5,460.

6 0
4 years ago
Jamar Co. sold its headquarters building at a gain, and simultaneously leased back the building. The lease was reported as a fin
USPshnik [31]

Answer:

a deferred gain

Explanation:

Deferred gain occurs when the recipient of the proceeds or profits from a transaction do not collect it all upfront. Some of the gain is not collected now but deferred to some future time.

It is referred to as unrealised revenue and is represented on the balance sheet as a liability.

In the given scenario Jamar Co. sold its headquarters building at a gain, and simultaneously leased back the building. This means not all the gains from the sale are received now.

So this is a deferred gain.

6 0
3 years ago
Income Statement; Net Loss The following revenue and expense account balances were taken from the ledger of Acorn Health Service
suter [353]

Answer:

See below

Explanation:

Acorn Health Services Co.

Income statement for the year ended, January 31st

Service revenue $234,500

Expenses:

Depreciation expense

$16,900

Insurance expense

$8,280

Miscellaneous expense

$6,590

Rent expense

$68,300

Supplies expense

$4,060

Utilities expense

$26,030

Wages expense

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Total expense ($385,360)

Net income (loss) $150,860

7 0
3 years ago
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