Business, 29.08.2019 17:10, chloelandry
California inc., through no fault of its own, lost an entire plant due to an earthquake on may 1, 2018. in preparing its insurance claim on the inventory loss, the company developed the following data: inventory january 1, 2018, $300,000; sales and purchases from january 1, 2018, to may 1, 2018, $1,300,000 and $875,000, respectively. california consistently reports a 40% gross profit. the estimated inventory on may 1, 2018, is:
a. $302,500.
b. $360,000.
c. $395,000.
d. $455,000
Answers: 2
Business, 21.06.2019 14:30, borgesalfonso12
)murphy was consuming 100 units of x and 50 units of y . the price of x rose from 2 to 3. the price of y remained at 4. (a) how much would murphy’s income have to rise so that he can still exactly afford 100 units of x and 50 units of y ? g
Answers: 1
Business, 22.06.2019 17:30, leannhb3162
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
Answers: 2
California inc., through no fault of its own, lost an entire plant due to an earthquake on may 1, 20...
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