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2 years ago

A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?

1 answer:

6 0

Cost price = 6,500
Selling price + profit = 9500
Profit gained = 9,500 - 6,500 = $3000
Number of tires bought = 3000/50 = 60
The dealer bought 60 tires.

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Imagine that you work at a store which sells computer components and you have been made the facilitator of a group whose long te

zubka84 [21]

<span>I would give excellent customer service to every customer that walks in so they will spread the word that this store has great service, this will bring in more customers that need parts. I would also recommend to the manager to market the store by offering free gifts if they spend 50 dollars or more, or give out some sort of incentives, maybe a punch card, if you get 10 punches, you can have 50% off your next order.</span>

6 0

2 years ago

Read 2 more answers

Abbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is

Amanda [17]

Answer:

$107.30

Explanation:

Overhead cost for Product B under Activity based costing is as follows:

For Activity 1:

= Estimated overhead cost × (Expected activity ÷ Total activity)

= $109,319 × (2,400 ÷ 4,900)

= $53,544

For Activity 2:

= Estimated overhead cost × (Expected activity ÷ Total activity)

= $135,033 × (2,200 ÷ 5,700)

= $52,118

Activity 3:

= Estimated overhead cost × (Expected activity ÷ Total activity)

= $143,990 × (1,180 ÷ 2,380)

= $71,390

Total Expense :

= $53,544 + $52,118 + $71,390

= $177,052

Overhead Per unit cost:

= Total Expense ÷ Annual production and sales of Product B

= $177,052 ÷ 1,650 units

= $107.30

Therefore, the overhead cost per unit of Product B is closest to $107.30.

6 0

1 year ago

Your sister just deposited $14,000 into an investment account. She believes that she will earn an annual return of 10.5 percent

Ilia_Sergeevich [38]

Answer:

You must deposit $14,824.07

Explanation:

Giving the following information:

Sister:

Investment= $14,000

Interest rate= 10.5%

Number of years= 9

You:

Investment=?

Interest rate= 9.8%

Number of years= 9

First, we need to calculate the future value of your sister:

FV= PV*(1+i)^n

FV= 14,000*(1.105^9)= $34,386.55

Now, we can determine your deposit:

PV= FV/(1+i)^n

PV= 34,386.55/ (1.098^9)= $14,824.07

3 0

1 year ago

Marnie earns $25,000 a year while working at a local bookstore. Because the bookstore did very well this past year, Marnie recei

Umnica [9.8K]

Answer:

Marnie will save = $ 125 from her raise .

Explanation:

raise income = $500

MPC = = 0.75

Marnie consumer 0.75 of every dollar increase . So total consumption increase = 500 * 0.75 = 375 $

Marnie will save = 500 - 375 = $ 125 from her raise .

8 0

2 years ago

The Maurer Company has a long-term debt ratio of .60 and a current ratio of 1.20. Current liabilities are $940, sales are $5,120

garri49 [273]

Answer:

The amount of the firm's net fixed assets is $4,321

Explanation:

Profit margin = Net income/ Sales

Net income = Profit margin x Sales = 9.30% x $5,120 = $476.16

ROE = Net Income/Equity

Equity = Net Income/ROE = $476.16/16.90% = $2,818

Long-term debt ratio = Long-term debt/Equity

Long-term debt = Long-term debt ratio x Equity = 0.6 x $2,818 = $1,691

Basing on accounting equation:

Total asset =Current Liabilities + Long-term debt + Equity = $940 + $1,691 + $2,818 = $5,449

Current ratio = Current asset/Current Liabilities

Current asset = Current ratio x Current Liabilities = 1.2 x $940 = $1,128

Fixed assets = Total asset - Current asset = $5,449 - $1,128 = $4,321

5 0

2 years ago