The charges would be $10.50 as of the 15th of that current month. Jerrod spent a total of $700. Adjusted Balance Method calculates costs based on the amounts owed/due at the end of the current time period & once any credits or payments have been applied. Multiplying what Jerrod has spent in total & the percentage of interest will give him the balance of interest charges that he can expect to see in addition to the $700 he's spent.
It's also safe to assume the payment on your bill is due on the 16th.
Answer
Increase- a popular new diet prescribes
only olive oil for weight loss
Increase- a report in news stating that
consumption of olive oil
improves health
Decrease- a decrease in the price
of other vegetable oil
Decrease- research shows that olive oil
consumption leads to hair loss
Explanation:
Answer:
Instructions are below.
Explanation:
Giving the following information:
Model A12:
selling price= $60
variable cost= $43
Model B22:
selling price= $111
variable costs= $79
Model C124:
selling price= $402
variable costs= $309.
Sales mix:
A12= 60%
B22= 27%
C124= 13%.
Fixed costs= $225,789
First, we need to calculate the break-even point in units for the company as a whole:
Break-even point (units)= Total fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio= (weighted average selling price - weighted average unitary variable cost)
Weighted average contribution margin ratio= (0.6*60 + 0.27*111 + 0.13*402) - (0.6*43 + 0.27*79 + 0.13*309)
Weighted average contribution margin ratio= 30.93
Break-even point (units)= 225,789/30.93
Break-even point (units)= 7,300 units
Now, for each product:
Sales mix:
A12= 0.6*7,300= 4,380
B22= 0.27*7,300= 1,971
C124= 0.13*7,300= 949
Answer:
Cost of equity, re= 0.098356 or 9.84 %
Explanation:
D1 = $ 1.25
P0 = $ 27.50
gL = 5 % = 0.05
F = 6 % = 0.06
Cost of equity, re can be calculated using the formular below:
Cost of equity, re = D1/ {P0 x (1- F)} + gL
= $ 1.25 / {$ 27.50 x (1- 0.06)} + 0.05
= $ 1.25 / ($ 27.50 x 0.94) + 0.05
= $ 1.25 / 25.85 + 0.05
= 0.048356 + 0.05
Cost of equity, re= 0.098356 or 9.84 %
Answer:
See explaination and attachment
Explanation:
Stockholders' equity is the amount of assets remaining in a business after all liabilities have been settled. It is calculated as the capital given to a business by its shareholders, plus donated capital and earnings generated by the operation of the business, less any dividends issued.
Balance Sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
See attachment for the step by step solution of the given problem.