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2 years ago

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Tonya is considering leaving work early to go to a baseball game. A ticket costs $30, and it costs $5 to park at the stadium. To

nya will miss 3 hours of work, where she is paid $20 an hour. What is Tonya's total explicit cost of going to the game?

1 answer:

stellarik [79]2 years ago

3 0

Answer:

$95

Explanation:

UwU

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Prepare an income statement for Hansen Realty for the year ended December 31, 2017. Beginning inventory was $1,251. Ending inven

katovenus [111]

Answer:

HANSEL REALTY

Income Statement

For Year Ended December 31, 2017

Sales_____________________ 35200

Sales return and allowances__ 1095

Sales discount______________ 1155

Net Sales__________________32950

Cost of sales________________10267

Gross Margin______________ 24933

Operating Expenses

Salary expense_____________ 5350

Insurance expense__________ 2750

Plumbing expense__________ 253

Total expenses_____________ 8353

EBITDA____________________16580

Othee expenses

Depreciation_______________ 118

Rent expense______________ 213

total other expenses_________ 331

Net income_________________16249

Explanation:

Cost of sales

Begining Inventory__________ 1251

+Purchases________________ 10662

-Purchases discount_________ 43

-Ending Inventory___________ 1603

Cost of sales________________10267

Sales_____________________ 35200

Sales return and allowances__ 1095

Sales discount______________ 1155

Net Sales__________________32950

Cost of sales________________10267

Gross Margin______________ 24933

Operating Expenses

Salary expense_____________ 5350

Insurance expense__________ 2750

Plumbing expense__________ 253

Total expenses_____________ 8353

EBITDA____________________16580

Othee expenses

Depreciation_______________ 118

Rent expense______________ 213

total other expenses_________ 331

Net income_________________16249

3 0

3 years ago

A store that sells books and a store that sells tools are what type of competitors?

-BARSIC- [3]

The correct answer would be non-competitors.

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3 years ago

Sheffield Corporation exchanged 2750 shares of Pharoah Company common stock, which Sheffield was holding as an investment, for e

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Answer: Please refer to Explanation

Explanation:

When recording Equipment here the value of the shares at current value should be used and not the cost of the equipment.

DR Equipment $162,250

CR Investment in Pharaoh Company $137,500

CR Gain on Exchange $24,750

(To record Exchange of shares for Equipment)

Workings.

Investment in Pharaoh Company.

= 2,750 shares * $50(purchase price)

= $137,500

Gain on Exchange

= 2,750 shares * (Market Price - Purchase Price)

= 2,750 shares * ( 59 - 50)

= $24,750

Equipment.

= Investment in Pharoah Company + Gain on Exchange

= 137,500 + 24,750

= $162,250

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3 years ago

Product or Service Costing influences: Group of answer choices production managers making manufacturing decisions. all of the ot

OLEGan [10]

Answer: marketing managers making pricing decisions.

Explanation:

Management's product and service choices and decisions can influence the cost behavior. The product design, location of plant, technology used in developing a product, product quality, features of product, distribution of product, profit margins, incentives, labor daily wages, and other factors all can influence the cost and pricing decisions of the product.

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3 years ago

A dam is being built that will cost $500,000. The dam will cost $20,000 per year to operate and will require a maintenance expen

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Answer:

The capitalized cost will be "784,592".

Explanation:

The given values are:

Initial cost = $500,000

Annual operating cost = $20,000

Interest, i = 12% i.e., 0.12

Effective Two year interest rate, i₂ = $(1.12)^2 - 1$

= $0.2544$

As we know,

$Capitalized \ cost = Initial \ cost + \frac{Annual \ operating \ cost }{i} + \frac{Bi-annual \ maintenance \ cost}{i_{2}}$

Now on putting the estimated values in the above expression, we get

⇒ $=500,000+\frac{20,000 }{0.12} +\frac{30,000}{0.2544}$

⇒ $= 500000 + 166667 + 117925$

⇒ $= 784,592$

So that the above is the right answer.

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3 years ago