answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Travka [436]
2 years ago
8

C&A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times

a year. What holding cost does C&A incur for each T-shirt? $0.50 $0.02 $0.08 $0.04
Business
1 answer:
ad-work [718]2 years ago
4 0

Answer:

$0.02

Explanation:

C&A sells T-shirts for $20 that cost $5 to produce

The annual holfing cost percentage is 10%

The T-shirts turn 25 times a year

The first step is to calculate the holding cost

= $5 × 10/100

= $5 × 0.1

= 0.5

Therefore, since the T-shirts turn over 25 times a year then, the holding cost that C&A incurs for each T-shirts can be calculated as follows

= 0.5/25 times

= $0.02

Hence C&A incur a holding cost of $0.02 for each T-shirts

You might be interested in
Zenda is a financial advisor for an investment company and also has a private bookkeeping business. She recently read about new
arsen [322]

Answer:

Participate in professional development opportunities a financial conference taking place next month covering new financial and bookkeeping regulations.

Explanation:

Accounting/Book keeping as a profession requires that a professional keeps updating his knowledge as new financial regulations comes up. She needs to have detailed knowledge of the new regulations since she provides professional services. Since this new regulation will affect how business is done with her client, the best decision is for her to update her knowledge on the subject by taking a course that seeks to explore what this new regulations connotes.

7 0
2 years ago
Suppose you buy 100 shares of Abolishing Dividend Corporation at the beginning of year 1 for $80. Abolishing Dividend Corporatio
Diano4ka-milaya [45]

Answer:  5.57%

Explanation:

Geometric return = \sqrt[n]{(1+r1)*(1+r2)*... (1 + rn)}  - 1

First year return

= \frac{100 - 80}{80}

= 25%

Second year return

= \frac{120 - 100}{100}

= 20%

Third year return

= \frac{150 - 120}{120}

= 25%

Fourth Year return

= \frac{100 - 150}{150}

= 33.3%

Geometric return = \sqrt[n]{(1+r1)*(1+r2)*... (1 + rn)}  - 1

Geometric return = \sqrt[4]{(1+0.25)*(1+0.2)*(1+0.25) * (1 - 0.333)}  - 1

Geometric return =  \sqrt[4]{1.250625}  - 1

Geometric return = 5.57%

3 0
2 years ago
Marathon sports equipment company projected sales of 79 comma 000 units at a unit sales price of $ 14 for the year. actual sales
pentagon [3]

Answer:

$26,000

Explanation:

The Sales volume variance can be calculated using the following formula:

Sales Volume Variance = Actual Sales ($) - Budgeted Sales ($)

Or you can also use the following formula:

Sales Volume Variance = (Actual Sales Units - Budgeted Sales Units) * Budgeted price per unit

Here

Actual Sales ($) is 77000 unit at $14 budgeted sales price per unit which means total sales in dollars was $1,078,000.

Budgeted Sales ($) is 79000 unit at $14 budgeted sales price per unit which means total budgeted sales in dollars was $1,104,000.

Sales Volume Variance = $1,078,000 - $1,104,000 = $26,000

3 0
2 years ago
The ____________ requires some low probability behavior (e.g., completion of a task) to occur prior to the client being allowed
Liono4ka [1.6K]

Answer:

C.Premack contingency

Explanation:

The Premack contingency refers to the behavior of persons depend on the high probability and low probability.

If behavior B is of higher probability is more than behavior A, then behavior A made more expecting by making behavior B i.e contingent upon it.

Let us take an example

If parents want that their children do their dinner but there is a condition that after doing it they get the dessert. So in this case, the dinner is low probability and the dessert is a high probability.

Therefore according to the situation, the correct option is C.

6 0
2 years ago
You can do financial transactions through mobile banking using a A.Smartphone B. Home phone C.Smart Card D.Computer
Igoryamba

Apex answer: Smartphone

6 0
2 years ago
Other questions:
  • Market researchers often report discretionary income. discretionary income is your disposable income minus your fixed expenses.
    6·1 answer
  • Uan recently completed 20 years of service in the army. during this time, he managed to save a little money and is entitled to a
    10·1 answer
  • Benjamin works at an automobile manufacturing company. The country in which the company operates is facing a heavy trade deficit
    7·1 answer
  • Which of the following is NOT a step in the strategic planning process? defining the company mission setting company objectives
    7·2 answers
  • Structuring a Keep-or-Drop Product Line Problem with Complementary Effects Shown below is a segmented income statement for Hicko
    14·1 answer
  • SCI just paid a dividend (D₀) of $1.92 per share, and its annual dividend is expected to grow at a constant rate (g) of 4.00% pe
    15·1 answer
  • Sugarcane is vulnerable to the cane beetle, which can substantially reduce crop yields. Suppose that a new beetle‑resistant spec
    7·1 answer
  • Which of these liens has the highest priority?
    13·1 answer
  • Ruth Hu recently inherited $200,000. She has invested the inherited money in real estate and government securities. Hu is using
    8·1 answer
  • What recommendations would you give to Sundar Pichai, CEO of Google, to compete more effectively against Microsoft? To continue
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!