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2 years ago

If you borrowed $8,700 at 6% for one year, what would your total interest be if you are charged simple interest?

Business

1 answer:

vesna_86 [32]2 years ago

4 0

Multiply the amount borrowed by the interest rate:

8,700 x 0.06 = 522

Answer: $522

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Huish Awnings makes custom awnings for homes and businesses. The company uses an activity-based costing system for its overhead

Romashka [77]

Answer and Explanation:

The preparation of the First stage allocation of overhead costs to the activity cost pools is presented below

Particulars Making awnings Job Support Other Total

Production Overhead $67,500 $60,000 $22,500 $150,000

Office Expenses $8,000 $65,000 $27,000 $100,000

The production overhead is allocated in 45% 40%, 15% and 100%

And,

The office expenses is allocated in 8%, 65%, 27% and 100%

The same is shown above

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4 years ago

Which process supports the design and development of products from the initial product idea stage through the discontinuation of

Blababa [14]

The lifecycle data management (design) method aids in the conception and creation of products from the time of their inception till their discontinuation.

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4 0

1 year ago

How did my account get reset

harkovskaia [24]

Answer:

they somtimes do that to help the site

Explanation:

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3 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

jasenka [17]

Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

2019 2018

Sales $7,906,000 $6,726,000

Accounts receivable

Beginning balance $600,000 $540,000

Ending balance $580,000 $600,000

Accounts receivable $590,000 $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

= $590,000

Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2

= $570,000

7 0

4 years ago

Brenda, a self-employed taxpayer, travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days o

finlep [7]

Answer:

A. $1,659

B. $910

C. $2,700

Explanation:

Calculation to determine Brenda's deduction

a. Airfare= (70% × $2,370)

Airfare=$1,659

b. Meals=[(260/2)*7

Meals=$910

c. Lodging= [540*5]

Lodging=$2,700

Therefore Brenda's deductions are :

Airfare $1,659

Meals $910

Lodging $2,700

4 0

3 years ago

If you borrowed​ $8,700 at​ 6% for one​ year, what would your total interest be if you are charged simple​ interest?

If you borrowed $8,700 at 6% for one year, what would your total interest be if you are charged simple interest?