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xz_007 [3.2K]
2 years ago
15

A company sells equipment for $6,000. The original cost was $50,000. The

Business
1 answer:
pantera1 [17]2 years ago
5 0

I think it’s a loss of $1,000. To be honest I don’t believe the Math adds up to be any of the answers.

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Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
iren2701 [21]

Answer:

Cash received for August= $50,000

Explanation:

The sales below were given

August $200,000

September $210,000

October $220,500

The cash sales per month is 25% of total sales and the credit portion is carried over to the next month when cash is received.

As we are calculating cash inflow for August there is no carryover cash from previous month (August is the first month)

Cash received for August= 0.25* 200,000

Cash received for August= $50,000

The remaining sales is on credit 200,000-50,000= $150,000

And will be received in September.

8 0
3 years ago
Justin Company's budget includes the following credit sales for the current year: September, $25,000; October, $36,000; November
nikklg [1K]

Answer:

$31,100

Explanation:

Calculation to determine How much cash can Justin expect to collect in November as a result of current and past credit sales

First step is to calculate November sales

November sales =(15% × $30,000)

November sales=$4,500

Second step is to calculate October sales

October sales= (60% × $36,000)

October sales=$21,600

Third step is to calculate September sales

September sales=(20% × $25,000)

September sales=$5,000

Now let calculate the Total cash receipts using this formula

Total cash receipts=September sales+October sales+November sales

Let plug in the formula

Total cash receipts=$4,500+$21,600+$5,000

Total cash receipts=$31,100

Therefore the amount of cash that Justin can expect to collect in November as a result of current and past credit sales is $31,100

5 0
3 years ago
Maria's company makes televisions. The Clarity, a 4K television featuring wireless capabilities, is their best selling model, an
Ghella [55]

Answer:

<u>Planned obsolescence.</u>

Explanation:

Planned obsolescence is a strategy used by companies whose goal is to ensure the outdated product and the release of an updated version of the product to arouse the interest of consumers and consequently an increase in demand for the product with greater functionality.

There are several market sectors that use the planned obsolescence strategy, which can be noticed in technology companies, which require more frequent product replacements (smarthphones, computers, tablets ...) due to the wear and tear of physical components and operating system upgrades. generally requires larger features less compatible with previous hardware.

Therefore, despite a widely used strategy, it is ideal for organizations to analyze the implementation of planned obsolescence so as not to be misunderstood by consumers when improvements and upgrades are insufficient to replace the product with a newer one.

3 0
2 years ago
Compared to a perfectly competitive market, a natural monopolist will have a.) ______________ (higher / lower / either higher or
kipiarov [429]

Answer:

A). Lower

B). Lower

C). Higher

I think so not sure of my answer

7 0
2 years ago
According to the affordable care act new health insurance marketplaces are established by the
jekas [21]
<span>According to the Affordable Care Act new health insurance marketplaces are established by the Patient Protection Act. This Act was put in place to let patients compare different health insurance companies and benefits to determine what is best for them. The benefits are dependent on how many people or an individual needs coverage and what type of coverage they are wanting to have. </span>
6 0
3 years ago
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