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likoan [24]
1 year ago
13

A department store chain is expanding into a new market, and is considering 16 different sites on which to locate 5 stores. assu

ming that each site is equally likely to be chosen, in how many ways can the sites for the new stores be selected
Business
1 answer:
lesya692 [45]1 year ago
3 0

We can find the number of ways by multiplying the amount of possibility each store can have.

For store 1, it can be placed on 16 sites. Store 2 can be placed on 15 sites (since store 1 is already on site 1). Store 3 can be placed on 14 sites and so on until store 5 which has 12 sites.

Therefore the number of ways is:

C = 16 * 15 * 14 * 13 * 12

<span>C = 524,160 possibilities</span>

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Blacken Company manufactures motorcycles. The company's management accountant wants to calculate the fixed and variable costs as
Alex

Answer:

fixed cost = 11.026,6

Explanation:

we will use the High-Low method to sovle for variable and fixed component of utilities:

We subtract the high form the low

\left[\begin{array}{ccc}High&2710&34712\\Low&2200&30255\\Diference&510&4457\\\end{array}\right]

510 hours generates 4,457 cost in utilities.

so variable cost:

4,457 / 210 = 8.74

Then we solve for fixed cost:

total cost = variable cost x Q + fixed cost

34,712 = 8.74(2,710) + fixed cost

fixed cost = 11.026,6

6 0
2 years ago
For the past year, Momsen, Ltd., had sales of $46,967, interest expense of $4,088, cost of goods sold of $17,184, selling and ad
Tatiana [17]

Answer:

The Net Income is $4416.1

Explanation:

The net income is calculated as follows,

Sales                            $46967

Less:Cost of sales       <u> (17184)</u>

Gross Profit                   29783

<u>Less:Expenses</u>

Selling & Admin exp     (12051)

Depreciation exp           (6850)

Interest exp                  <u> (4088)  </u>

Net income before ta     6794

tax expense                 <u>(2377.9)</u>

Net Income                   <u>4416.1</u>

4 0
2 years ago
Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of
miss Akunina [59]

Answer:

19.05%

Explanation:

the approximate yield to maturity (YTM) formula is:

approximate YTM = {C + [(FV - PV) / n]} /  [(FV + PV) / 2]

  • C = coupon payment = $130
  • FV = face value or value at maturity = $1,000
  • PV = present value or current market value = $690
  • n = 10 years

approximate YTM = {$130 + [($1,000 - $690) / 10]} /  [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%

8 0
1 year ago
Suppose that a chicken farm uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream
Bess [88]

Answer:

See attached photo.

Explanation:

Refer to the photo attached.

7 0
1 year ago
Faith Cassen has recently been hired as the manager of Gibraltar Coffee Shop. Gibraltar Coffee Shop is a national chain of franc
IrinaK [193]

Answer:

a.       I Disagree with Faith's method of handling this situation because she has not followed the internal control principle of safeguarding of assets. Stealing is a serious issue. An employee who can justify taking a box of tea bags can probably justify “borrowing” cash from the cash register.

b.      I Agree with Faith's method of handling this situation because Faith has followed the internal control principle of assignment of responsibility by making one employee responsible for the cash drawer and followed the internal control principle of segregation of duties (preparing the orders) from the accounting (taking orders and payments).

c.       I disagree with Faith's method of handling this situation because Faith has not followed the internal control principle of segregation of duties. It is true that faith has made one employee responsible however after cash counting another employee or Faith himself remove the cash register tape and compare the balance with cash drawer for effective internal control. Also, Faith’s standard of no mistakes may encourage the cashiers to overcharge a few customers in order to cover any possible shortages in the cash drawer.

6 0
2 years ago
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