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serious [3.7K]
2 years ago
13

Priscilla decides to order a delivery from the local sandwich shop. Her order comes to $12. 74 and there is a $2. 30 delivery ch

arge. When the food is delivered, Priscilla adds on to her receipt a charge of 15% of her total, not including the delivery charge, as a tip for the driver. When Priscilla goes to check her debits on her online bank statement, what amount should she expect as her total debit? a. $14. 65 b. $15. 04 c. $16. 95 d. $17. 30.
Business
1 answer:
DochEvi [55]2 years ago
4 0

Debit is the amount of the money paid or owed, it can either raise the asset amount or can reduce the equity balances. It can also be referred to as the amount spent as an expense from the account.

$ 16.95 is the total debit amount.

<h3>How to calculate Priscilla's debit?</h3>

Given,

  • Price of the order = $12.74
  • Delivery charge = $2. 30

Step 1: The 15% of the total price of the order excluding delivery will be:

\begin{aligned}15\% &= \dfrac{\rm X}{\$12.74} \times 100\\&#10;\\&#10;\rm X &= \dfrac{\$12.74 \times 15}{100}\\&#10;\\&#10;& = \$1.91\end{aligned}

Step 2: Add the total price of the order, delivery charge and tip.

\$12.74 + \$ 2.30 + \$ 1.91 = \$16.95

Therefore, option c. $ 16.95 is the expected debit from her account.

Learn more about debit here:

brainly.com/question/3591182

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The three bottom line in the social responsibility are :

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3 years ago
Project Q has an initial cost of $257,412 and projected cash flows of $123,300 in Year 1 and $180,300 in Year 2. Project R has a
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Answer:

b) Accept Project R and reject Project Q

Explanation:

We can use the following method to solve the given problem in the question

We are given

Project Q: Initial Cost = $ 257,412

Projected Cash Flows: Yr 1 : $ 123,300 Yr 2 : $ 180,300

Total Present Value of all the Future Cash Flows using 12.2% as Rate of Return

= 123,300/1.122 + 180,300/(1.122*1.122)

= 109,893 + 143,222

= $ 253,115

Profitability Index = Total Present Values of all Cash Inflows / Initial Investment

= 253,115 / 257142 = 0.98

Since the Initial Investment is greater than the Present Value of Cash Inflows, that is, l Profitability Index < 0 the Project should not be selected.

Project R: Initial Cost = $ 345,000

Projected Cash Flows: Yr 1 : $ 184,500 Yr 2 : $ 230,600

Total Present Value of all the Future Cash Flows using 12.2% as Rate of Return

= 184,500/1.122 + 230,600/(1.122*1.122)

= 164,438.5 + 183,178

= $ 347,616.5

Profitability Index = Total Present Values of all Cash Inflows / Initial Investment

= 347,616.5 / 345,000 = 1.01

Since the Initial Investment is lower that the Present Value of the Cash Inflows, that is, Profitability Index > 0 the Project should be selected.

Accept Project R and Reject Project Q, so option B is the correct answer

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4 years ago
Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2018: Factory rent $ 36,100
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Answer:

1) Direct materials=$43070

2)Direct labor=$126300

3)Manufacture overhead=$117600

4)Total manufacturing cost=$286970

5)Prime cost=$169370

6)Conversion costs = 126300+117600= $243900

7)Total period cost= $418670

Explanation:

The company reported the following costs for 2018:

1) Direct materials

Thread 1,020

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Buttons 750

Total= $43070

2)Direct labor

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Wages paid to cutters 50,100

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3) Manufacture overhead

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6)Conversion costs = Direct labor + Manufacturing overhead= 126300+117600= $243900

7)Total period cost= manufacturing cost + Company advertising + Depreciation on salespersons' vehicles + President’s salary

Total period cost= 286970 + 24200 + 30600 + 76900= $418670

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