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2 years ago

Calculate the net price of goods listing for $9,900 less a trade discount rate of 2 3 % 8 to the nearest cent.

1 answer:

7 0

Given the list price equal to $ 9,900, trade discount equal to 2 3/8 % =19/8 %, the net price is calculated below -

Net price factor = (100-19)/100 x (100-8)/100=0.81 x 0.92=0.7452

Net price of the order = $ 9,900 x 0.7452 = $ 7,377.48
To the nearest cent, the answer is $ 7.377.50

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The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing,

Airida [17]

Answer:

Management

Explanation:

Management can be defined as the discipline that involves the use of a firm's resources (labor, capital) in an efficient and effective way, in order to attain the firm's objectives.

Those firm's objectives are also set by management, and the main task of management is to coordinate efforts accross the firm divisions (marketing, operations, HR, accounting, finance) to achieve those goals.

8 0

1 year ago

9) Marshall Corporation has established a target capital structure of 35 percent debt and 65 percent common equity. The current

Snezhnost [94]

Answer:

$\boldsymbol{ Weighted\;average\;cost\;of\;capital (WACC)=5.35\%}$

Explanation:

This acts as more of a discount price for such an estimation of such a fixed present price of a company. It is often used to analyze investments when it is supposed to measure the opportunity price of the company. It is then used by corporations as the obstacle limit.

Let the total cost of equity to be Re = 5% = 0.05.

Let the market value to be E = 65% = 0.65.

Let V to the total market cost that combined debt and equity = 1 .

Let the total price of debt to Rd = 10% = 0.1.

Let the debt to be D = 35% = 0.35.

Let the income tax rate to be Tc = 40% = 0.4.

$WACC=\frac{E}{V}\times Re + \frac{D}{V} \times Rd \times(1-Tc)$

$=\frac{0.65}{1} \times0.05+\frac{0.35}{1} \times0.1\times(1-0.4)=5.35\%$

5 0

1 year ago

Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data

almond37 [142]

Answer:

The factory overhead allocated per unit of Blinks is b.$19.50

Explanation:

It is Important to note that Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours.

A plant Wide Overhead rate is a function of the Total Overheads of a Company divided by the Total Labor Hours in the Company

Total Overheads:

Fabrication Department $84,000

Assembly Department $72,000

Total $156,000

Total Labor Hours :

Fabrication Department 0

Assembly Department ( 1,000 × 4) + (2,000×2) 8,000

Total 8,000

Note : labor hours take place only in the Assembly Department

Plantwide overhead rate :

Plantwide overhead rate = Total Overheads / Total Labor Hours

= $156,000 / 8,000

= $ 19.50

7 0

1 year ago

Read 2 more answers

Minden Company is a wholesale distributor of premium European chocolates. The company’s balance sheet as of April 30 is given be

Anettt [7]

Answer:(1a) schedule of cash collected $221,800, schedule of cash disbursement for merchandise purchase $118,900 (1b) cash budget closing balance $19,260 (2) Net income $26,410 (3) Balance sheet Total Asset $364,510, Total Liabilities &Equity $364,510

Explanation:

Schedule of cash collected

Sales. 257,000

Less:Cash sales. 77,100

------------

Credit sales. 179,900

Cash collected in May

Credit sales( 50% ) 77,100

Account Receivable 54,750

May sales (179,900 × 50%) 89,950

---------------

Total cash collected. 221,800

-------------------

Schedule of cash disbursements for merchandise

Cash paid for May purchases (121,000×40%) 48,400

Cash paid for April purchases. 70,500

--------------

Total purchase payment for May. 118,900

-----------------

Cash Budget

Opening balance. 9,600

Add: Receipt

Collection from customers 221,800

Bank loan. 22,000

--------------

Total cash available. 253,400

Less: Disbursements

Purchase payment 118,900

Selling Expenses. 83,700

Note payable. 18,100

Interest on Note payable 340

Purchase of refrigerating equipment 13,100

----------------

Total Disbursement. 234,140

----------------

Closing Balance. 19,260

----------------

Minden company

Budgeted income statements for the month of may

Sales. 257,000

Cost of good sold

Beginning inventory 53,750

Add: purchases. 121,000

---------------

Goods available for sale 174,750

Less: Ending inventory. 31,000

-------------

Cost of good sold. 143,750

----------------

Gross Margin. 113,250

Selling & Administrative Expenses

(83,700 + 2,800) 86,500

---------------

Net operating income. 26,750

Less: interest expense. 340

----------------

Net income. 26,410

------------------

Budgeted Balance sheet

Asset

Cash. 19,260

Account Receivable 89,950

Inventory. 31,000

Building & Equipment

Net of Deprecation.

(214,000 + 13,100 - 2,800) 224,300

-----------------

Total Asset. 364,510

------------------

Liabilities & Equity

Account Payable(121,000 × 60%) 72,600

Note payable. 22,000

Common Stock. 180,000

Retained Earnings( 63,500 + 26,410) 89,910

------------------

Total Liabilities & Equity. 364,510

------------------

8 0

2 years ago

What is a pestle analysis for an escape room

Irina-Kira [14]

Answer:

The following information summarizes the SWOT analysis for an escape room business. SWOT stands for strengths, weaknesses, opportunities, and threats. A SWOT analysis is a method for strategic planning that evaluates these four elements as they relate to the business objectives. Every escape room business should invest time into completing a SWOT to help ensure success.

Strengths

Relatively easy entry and low capital outlay.

Unique themes

Variety of difficulty levels

Game masters trained for role-playing and excellent customer service

Location is close to customers and relatively far from competitors

Regular changes to clues and puzzles

Weaknesses

Upset customers can potentially harm both business reputations or cause collateral damage by way of online reviews.

New to the area and market

Brand not well established

Limited capital

Opportunities

Reach a customer geography not yet catered for

Growing industry and popularity of mystery rooms

Unlimited number of new themes, game, and clues

Low barriers to entry

Threats

Another new entrant or current supplier expansion could potentially hurt market share.

While we do have a backup, the website could go down for technical reasons.

Sales tied to economic growth.

Game mechanism not protected under U.S. intellectual property law

Established companies expanding into the City

Explanation:

7 0

2 years ago