The Wet Dog Surf Company borrows $22,000 for 5 months and will pay $825.00 interest . Calculate Wet Dog's Annual Percentage Interest Rate (APR) (rounded to two decimal places).

Answers

Answer 1

Answer:

The answer is 9%

Explanation:

Solution

Given that:

Wet Dog Surf Company borrows= $22,000 for 5 months

Interest  =$825.000

Now we have to find Wet Dog's Annual Percentage Interest Rate (APR)

Thus

The interest rate for 5 months is given by:

$825.00/$22,000

=0.0375% or 3.75%

So, APR becomes:

3.75% * 12/5

= 45/5

= 9%

Therefore the Annual Percentage Interest Rate (APR) for We Dog's is 9%


Related Questions

design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions

Answers

The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.

In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:

1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.

2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.

3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.

4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.

5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.

6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.

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On January 1, 2016, Flathound Properties received $22,800 from a tenant as rent for all of 2016. What journal entry would Flathound Properties make at the end of January 2016 to show that one month of service had been provided?

Answers

In order to show that one month of service has been provided, Flathound Properties should both Debit Deferred Revenue and Credit Revenue for $1,900.

What is the journal entry for a month of service?

The $22,800 is for the whole year so we need to find the monthly rent:

= 22,800 / 12

= $1,900

This amount will be credited to Revenue to show that Flathound Properties has earned it for rental services provided. It will also be debited to Deferred Revenue.

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2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar

Sales volume
12000birr
60000birr
40000birr
25000birr

Labor hours
60
500
250
200

3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?

Answers

Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).

How to solve

To calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.

Here is the table showing the labor productivity of each store:

Store Sales volume (birr) Labor hours Labor productivity (birr/hour)

Bale-robe 12,000 60 200

Hawassa 60,000 500 40

Nekemt 40,000 250 16

Dahirdar 25,000 200 12.5

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Digital designers need what kind of skills:
A.
Network administration
B.
Artistic skills
C.
Communication skills
D.
Teamwork

Answers

Answer:

C. Communication skills

Answer:

Its (C)

Explanation:

Based on the relationship and agreement with the vendors, what are the 2 vendor workflow options to pay your vendors?

Answers

Answer:

1.Bill > Pay Bills

2.Create Purchase Order

Explanation:

Vendors plays a very important role in any industry or in organization. Sometimes they are also known as the suppliers. They supplies or provides few raw materials or few components to the client company which in an integral or a very important part or component of the company's product that they manufacture.

And there is an agreement between the client company and the vendor about the payment systems. The client company releases a purchase order for the order of the parts that they are going to buy from the vendor and places the order.  The vendor after receiving the PO or the purchase order sends the ordered parts or items to the client company with an invoice showing the details of costing of the items. After that the client company pays the bill to the vendor company.

Linden, Inc. uses a 6,900 square foot factory space that it rents for $3,500 a month for all its manufacturing activities. Linden has decided to switch to an activity-based costing system, and has identified its activities as follows: Preparation and Setup, Machining, Finishing, and Quality Control. 3,100 square feet of the factory are used for machining, while 1,400 square feet (each) are used for Preparation and Setup and Quality Control. Finishing uses 1,000 square feet. When assigning indirect costs to each activity, how much factory rent should be assigned to the Preparation and Setup cost pool

Answers

Answer: $710.14

Explanation:

Out of the total space of 6,900 square foot, Preparation and Setup uses 1,400  out of this.

Rent is $3,500

The total rent to be apportioned to it will therefore be;

= 1,400/6,900 * 3,500

= $710.14

10 principles of economics ​

Answers

The 10 principles of economics were given by Gregory Mankiw.

These principles are:

People face tradeoffs: it means that to get one thing, one has to give up on another thing.The cost of Something is What You Give Up to Get It: it refers to the opportunity cost you incur on doing something else. Rational people think at the margin: considering the marginal cost of the product.People Respond to Incentives Trade Can Make Everyone Better Off: trading helps a country in being self-sufficient and enjoying more goods and services. Markets Are Usually a Good Way to Organize Economic Activity. Governments Can Sometimes Improve Economic Outcomes: Government can intervene to allocate resources efficiently.The Standard of Living Depends on a Country's Production: the standard of living increases as the consumption of goods and services, increases.Prices Rise When the Government Prints Too Much Money: when there's a lot of money flowing the market, it will increase the demand for goods which will increase the cost of goods, ultimately leading to inflation.Society Faces a Short-Run Tradeoff Between Inflation and Unemployment.

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A firm recently paid a $0.75 annual dividend. The dividend is expected to increase by 11 percent in each of the next four years. In the fourth year, the stock price is expected to be $36. If the required return for this stock is 14.5 percent, what is its current value?

Answers

The current value of this stock is $29.3 if the needed return is 14.5 percent.

How much are stocks worth?

The capacity of a company to generate and increase earnings determines the value of its shares. Expectations for earnings are based on economic, sectoral, and company-specific variables. Stock value is impacted by market capitalization size. A stock's worth is influenced by its market acceptance or perceived value.

One equity share among the many sellable shares of a firm is valued at one share price. The lowest price at which a stock can be purchased or the greatest price someone is willing to pay for it is known as the stock price.

The stock's current value will be as follows if the needed return is 14.5%:

Stock value = Dividend per share / (required rate of return - Dividend Growth rate)

dividend in

1st year = 0.75

2nd year = 0.75 (1 + 0.11) = 0.833

3rd year = 0.833 (1 + 0.11) = 0.924

4th year = 0.924 (1 + 0.11) = 1.025

Stock value= 1.025 / (14.5 - 11) = $0.293

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Why was the sport of volleyball invented?

Answers

Answer:

History has it that William G. Morgan, who invented the game of volleyball in 1895, came up with the idea so that people who found basketball's 'bumping' or 'jolting' too strenuous could have an alternative physical activity to fall back on.

The sport of volleyball was invented in 1895 by William G. Morgan, a YMCA instructor in Holyoke, Massachusetts. Morgan created the game as a less physically demanding alternative to basketball, which had been invented a few years earlier. Volleyball was designed to be a game that could be played indoors during the winter months, with a lower net and softer ball than basketball to reduce the risk of injury. It quickly became popular, and by the early 20th century, it had spread to colleges and universities across the United States. Today, volleyball is played by millions of people around the world, both indoors and on the beach.

Question 7 of 10
Business health insurance plans are
A. required
B. varied
C. non-existent
D. uniform
so

Answers

Business health insurance plans are varied.

what is enterprenuer​

Answers

Answer:

person who have an idea to start a business

Answer:

a person who starts up a business in order to make profit

If you want to buy a $245,000 house with a 15% down payment, how much will you be borrowing from the bank? If the interest you will pay is $210,000 total, how much total (interest and principal) will you pay on the borrowed money over the 30 years of your mortgage?

Answers

Answer:

Explanation:

year and any subsequent word will have to be  ignored because we limit queries to 32 words.

For a home price of $250,000 the minimum down payment would be $8,750.

the third level of conceptual framework does not include: a. assumptions b. constraint c. elements d. principles​

Answers

Answer:

Identifies the principles of acknowledgment, calculation, and transparency used in the development and application of accounting standards, as well as the concrete concepts needed to achieve the goal. These definitions define the current reporting landscape and include expectations, values, and a cost limit.

6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek listed the "Best Small Compa- nies." We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS X Sales Earnings ($ millions) ($ millions) $89.2 18.6 18.2 71.7 58.6 46.8 $4.9 4.4 1.3 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide 8.0 6.6 Daig 4.1 Cobra Golf X M Sales Earnings ($ millions) ($ millions) $17.5 11.9 19.6. 51.2 28.6 69.2 $2.6 1.7 3.5 8.2 6.0 12.8 Let sales be the independent variable and earnings be the dependent variable. a. Draw a scatter diagram. b. Compute the correlation coefficient. c. Determine the regression equation. d. For a small company with $50.0 million in sales, estimate the earnings. orting in several rec​

Answers

a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

How to explain the working

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek

You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.



PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior



DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility

You, a Captain, are a section chief in Military Personnel and 2d Lt Smiths supervisor. Lt Smith is a

Answers

The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.

Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.

As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.

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On the 24th, a shooting incident occurred at a high school in St. Louis, Missouri, my country. A 19-year-old gunman opened fire on the campus, causing 2 deaths and 7 injuries, and was eventually shot dead by the police.
On October 25, St. Louis Mayor Tishaura Jones said that gun violence continues to take the lives of children and children in our country, and its severity is enough to become a "national emergency" and the government should take action. Police said at a news conference that day that the gunman was Orlando Harris, a 19-year-old male who just graduated from the high school last year.

Answers

The deaths at the high school in St. Louis, Missouri, United States show that an argument can indeed be made for tighter gun controls in the country.

Should there be tighter gun controls in the United States?

The most recent tragedy that resulted from gun violence in the United States, was the killing of two people at the Central Visual and Performing Arts High School, St. Louis, Missouri, by a previous student of the school.

Over the years, there have been other instances of gun violence in American schools including the shooting at Uvalde, Texas that led to the deaths of 19 children.

The United States has the highest rates of gun ownership in the entire world as well as one of the highest rates for mass shooting. This means that there must be a correlation between the two. Nations that have tighter gun controls have lower rates of mass shooting.

There is therefore a good enough argument that the United States should introduce stricter and tighter gun controls in order to reduce the incidence of mass shootings, especially at schools.

The rest of the question is:

Does this shooting add more evidence for the argument for tighter gun control or less?

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The Southern Bell Company manufactures 2,000 telephones per year. The full manufacturing costs per telephone are as follows:

Direct materials $2
Direct labor 8
Variable manufacturing overhead 6
Average fixed manufacturing overhead 6
Total $22

The Illinois Bell Company has offered to sell Southern Bell Company 2,000 telephones at $15 per unit. If Southern Bell accepts the offer, $8,000 of fixed overhead will be eliminated. Southern Bell should:

a. Make the telephones, the savings is $2,000.
b. Buy the telephones, the savings is $10,000.
c. Buy the telephones, the savings is $12,000.
d. Make the telephones, the savings is $12,000

Answers

Answer:

The company should buy the units because it will save $10,000.-

Explanation:

Giving the following information:

Make in-house:

Unitary variable cost= 2 + 8 + 6= $16

Avoidable fixed cost= $8,000

Buy:

Unitary cost= $15

First, we will determine the total cost of each option:

Make in house= 2,000*16 + 8,000= $40,000

Buy= 15*2,000= $30,000

The company should buy the units because it will save $10,000.-

b. Buy the telephones, the savings is $10,000.

The Meaning or Definition of Direct Materials. (Cost Accounting). Direct materials are those materials which could be identified on the product and can be conveniently measured and directly charged of the product. so, these materials directly enter the product and form a part of the finished product.

Giving the following information:

Make in-house:

Unitary variable cost= 2 + 8 + 6= $16

Avoidable fixed cost= $8,000

Buy:

Unitary cost= $15

First, we will determine the total cost of each option:

Make in house= 2,000*16 + 8,000= $40,000

Buy= 15*2,000= $30,000

The company should buy the units because it will save $10,000.

Examples of direct materials include the following:

Wood used to make the chairGlass used to make windowsFabric used to make furniture

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WHAT IS Segmentation,

Answers

Answer:

Segmentation is to divide something into separate parts or sections

Company: Apple Inc.
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?

PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT

Answers

Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple Inc. in Cupertino, California on April 1, 1976. The corporation initially concentrated on producing personal computers, such as the Apple II and the Macintosh.

What are low entry barriers and competitiveness?

Examples of low entry barriers include the necessity to have customers convert to a new brand without a lot of work or pain. Another example is the need to build a brand in a small market with little competition.

Why are entrance barriers so low?

High exit barriers make markets unstable and incapable of self-regulation, which causes significant long-term fluctuations in profit margins. Because these markets are self-regulatory and stable, profit margins do not change much over time.

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what are good poem names

Answers

Answer:

It Depends.

Explanation:

It really depends on what poem you are writing. If it is a sad poem, chose words or phrases with a sad connotation. If it is a netrual poem, chose words with a neutral connotation. It is very hard to give you an answer because you gave very little explanation about what the poem is about, but at the end of the day, name the poem based on what you think it is about.

Answer:

if it is about music entitle it whatever the poem is about like if it about depression entitle it: feelings slide over me

Explanation:

 

Many consumers and social advocates believe that businesses should not only make a profit but also consider the social implication of their activities. We define social responsibility as a business's obligation to maximize its positive impact and minimize its negative impact on society. The acceptability of behavior in business is determined by customers, competitors, government regulators, interest groups, and the public, as well as each individual's personal moral principles and values. Review the notes on key ethical and social issues over the la five decades and assemble the timeline as instructed. The timeline lists key ethical and social issues that have occurred over the last five decades. Match the outcomes of these issues by dragging each one to its corresponding place on the chart. Fair hiring practices Desegregation Consumer protection The Sarbanes-Oxley Act Co.'s change labor policies Deceptive advertising Civil rights Discrimination Third-world sweatshops Financial mismanagement Reset

Answers

In order to be socially responsible, a company must act in a way that benefits society as a whole as well as its shareholders.

What is Social Responsibility ?

Investors and consumers who seek investments that not only are profitable but also contribute to the welfare of society and the environment place a growing emphasis on social responsibility.

Despite historical criticism that society is not fundamentally considered a shareholder in business, younger generations are embracing social responsibility and promoting change.

Acting responsibly towards one's environment and society as a whole requires both individuals and businesses. Corporate social responsibility (CSR), sometimes known as social responsibility in the context of business, is a growing topic of attention for organisations.

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define return economics.​

Answers

Answer:

also known as a financial return, in its simplest terms, is the money made or lost on an investment over some period of time. A return can be expressed nominally as the change in dollar value of an investment over time.

Explanation:

Shale Remodeling uses time and materials pricing. It reports the following information:

Direct labor rate $ 145 per DLH
Non-materials-related overhead $ 115 per DLH
Materials-related overhead 10% of direct materials cost
Target profit margin (both conversion and direct materials) 20%

What price should the company quote for a job requiring four direct labor hours and $580 in materials?

Answers

Shale Remodeling should quote a price of $2,013.60 for this job.

How to calculate the price

Direct materials cost = $580

Materials-related overhead cost = 10% x $580

Materials-related overhead cost = $58

Total cost = direct labor cost + non-materials-related overhead cost + direct materials cost + materials-related overhead cost

Total cost = $580 + $460 + $580 + $58

Total cost = $1,678

Target profit margin = 20% of the selling price

Target profit margin = 20% of (selling price - total cost)

We can rearrange this formula to solve for the selling price:

Selling price = (target profit margin + 1) x total cost

Selling price = (0.20 + 1) x $1,678

Selling price = $2,013.60

Therefore, Shale Remodeling should quote a price of $2,013.60 for this job.

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select a business from any of three business sectors​

Answers

A business from any three business sectors is industry. Businesses clearly differ in what they do.

Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.

As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.

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LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data pertain to one of its largest departments for the month of March 2021: Cost Retail Beginning inventory $ 46,000 $ 66,000 Purchases 213,000 406,000 Freight-in 15,558 Purchase returns 7,000 9,000 Net markups 6,400 Net markdowns 4,100 Normal breakage 9,000 Net sales 286,000 Employee discounts 2,400 Sales are recorded net of employee discounts. 2. Recompute the cost-to-retail percentage using the average cost method.

Answers

Answer:

Cost to retail ratio = 57.05%

Explanation:

Particulars                                                               Cost       Retail

Beginning Inventory                                            $46,000    $66,000

Add: Purchases                                                    $213,000   $406,000

Less: Purchases Return                                       $7,000       $9,000

Freight In                                                               $15,558          -

Net Markups                                                               -             $6,400

Good Avail. for Sales (Without markdowns)   $267,558   $469,000

Cost to retail ratio = $267,558/$469,000

Cost to retail ratio = 0.570486

Cost to retail ratio = 57.05%

Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.

Answers

Answer: The answer is They have more tax liability.

Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.

A company had a market price of $39.40 per share, earnings per share of $2.20, and dividends per share of $1.35. Its price-earnings ratio equals:

Answers

Answer:

Price earning ratio = $17.9

Explanation:

Price earning ratio = Market Price share / Earning Per Share

Price earning ratio = $39.40/$2.2

Price earning ratio = $17.9

Communication skills are less important in this modern era because there is more technology available.
OA True
OB. False

Answers

Communication skills are less important in this modern era because there is more technology available is a false statement.

Why is communication skill important?

Good communication skills are known to be vital to allow all the people or one to be able to understand information a lot more better or accurately and fast,

Hence, Communication skills are less important in this modern era because there is more technology available is a false statement.

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4. What was the closing price of the corporation on July 26th?

Answers

The closing price of a security, such as a stock or a commodity, is the final price at which it was traded on a particular trading day. The calculation of the closing price depends on the market in which the security is traded.

What is closing price?

If you have access to the historical data of the security, you can easily calculate the closing price by finding the last recorded price of the security on a given trading day. Many financial websites and data providers offer this information in their daily summary of a security's trading activity.

However, if you are looking to calculate the closing price in real-time, you can use a real-time data provider that offers the latest market quotes for the security you are interested in. The closing price is usually determined at the end of the trading day, which varies depending on the market and the security being traded.

In general, to calculate the closing price of a security, you need to find the last traded price of the security for the day. This information can be obtained from various sources, such as stock exchange websites, financial news websites, or real-time data providers. Once you have this information, you can use it to calculate the closing price of the security for that particular trading day. An overview was given.

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Mira and Marie sell computers. Last month Mira sold 16 more computers than Marie. Together they sold 56. How many computers did Marie sell?

Answers

The number of computers that Marie sold, given the number of computers that they both sold, can be found to be 20 computers

How to find the number of computers sold ?

The number of computers sold together would be :
Computers sold together = Number sold by Marie + Number sold by Mira

Assuming the number sold by Marie is x, the formula would be :
56 = x + ( 16 + x )

The number sold by Marie is:

56 = x + ( 16 + x )

56 = 2x + 16

2x = 56 - 16

x = 40 / 2

x = 20

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