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2 years ago

Suppose that the firm you manage faces the following costs:

Business

1 answer:

zysi [14]2 years ago

6 0

Answer:

d. $3

Explanation:

Quantity Total Cost Fixed cost Total var. marginal cost

0 $3 $3 0 0

1 $5 $3 $2 $2

2 $7 $3 $4 $2

3 $10 $3 $7 $3

4 $15 $3 $12 $5

the variable cost of the third unit is equal to the marginal cost of producing it.

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Which statement best describes a Schumer box?

posledela

Answer:

The correct answer is letter "D": A standardized way of presenting the key terms of your credit card agreement.

Explanation:

Named after Senator Charles Schumer (born in 1950), the Schumer box is part of the disclosure information financial institutions must provide to debtors so they can be aware of what is the interest and fees subject to the use of credit cards. It is a box mostly present in credit card statements but must be included in any credit card solicitation.

3 0

2 years ago

Assume that Fan-Tastic Sports Gear Inc. will be using the allowance method this year. Select any items(s) from the following lis

Yuliya22 [10]

Answer:

Revenue Estimate of Uncollectible Accounts, Allowance for Dobubtful Accounts

Explanation:

To provide an allowance for doubtful debts, Fan-Tastic Sports Gear Inc. needs to add estimate of uncollectible debts abd allowance for doubtful debts in its chrat of accounts.

Balance of aging accounts and net realisable value of receivables are never part of chart of accounts heowever, they are other analysis that are implied by the account balances theriself. For example, the net realisable value of receivables is the difference between credit sales and allowance for doubtful debts. Aging analysis of debts are computed to enable the estimate of doubtful debts.

Total credit sales are natturally part of chart of accounts for a reporting entity. Infact most reporting entities does business on credit, thus, their sales figure are naturally cedit sales except for some companies in a few sectors such as retail shops and/or hotels that collect cash in advance or on delivery of services.

5 0

2 years ago

A 180-day $3 million CD has a 4.25 percent annual rate quote. If you buy the CD, how much will you collect in 180 days?

Katarina [22]

Answer:

$3,063,750

Explanation:

A 180 day $3,000,000 CD

Annual rate = 4.25%

Collection in 180 days = ?

$3,000,000 * 4.25% * 180/360

= $3,000,000 * 0.02125

= $63,750

Total amount to collect after 180 days = $3,000,000 + $63,750

Total amount to collect after 180 days = $3,063,750

8 0

2 years ago

In _____, the writer provides information about and explains a particular subject.

zhuklara [117]

Answer:

d. exposition

Explanation:

When writing an expository essay, a writer is able to explain clearly what he or she understands about a topic and then provide further clarity that includes definitions, classifications, causes, effects, examples, process, comparison etc, about the topic.

In expository essay, the writer would outline the points and clearly elaborate on them to enable readers understand the underlying concept inherent in the topic.

8 0

2 years ago

1. A contract calls for a total payment of $800,000 with a guarantee. Essentially the contractor is guaranteed to make at least

Step2247 [10]

Answer:

The gross which the project has to remit to the contractor is $823,000

Explanation:

There are two things that must be fulfilled for the project to remit to the contractor is the amount .

1) First is the guaranteed payment of $800,000.

2) Second, the contractor's expense is more than $600,000, with a payment cap of up to $ 50,000.

The contractor has demonstrated that the cost incurred is $623,000 which is $23,000 above the limit of $600,000.

As this gap is still below $50,000, this will be handed over to the contractor by the client.

The gross which the project has to remit to the contractor = $800,000 + $23,000 = $823,000

6 0

2 years ago