A 12.5% discount on a pair of washer and dryer that Gayle purchased, amounted to $156.00. Calculate the net price.
Q: Please solve this general accounting problem with calculation
A: Step 1: Define AssetsAssets can be defined as something of value that a company uses in the business…
Q: correct options with details want for this account problems
A: Key Points:1. Production and Sales:Year 1: 6,000 units produced, 6,000 units soldYear 2: 9,000 units…
Q: What is ABCs asset turnover on these accounting question?
A: Step 1: Define Asset Turnover RatioAsset turnover measures how much revenue a company generates for…
Q: General Accounting
A: Step 1: Key Information - Schemm Inc. has 455 liters of material in stock, which cost $2,617 in…
Q: Please given answer accounting question
A: Step 1: Define Material VarianceThe difference between the actual and budgeted material costs is…
Q: Aaron Heath is seeking part-time employment while he attends school. He is considering purchasing…
A: Problem AnalysisAaron is evaluating the net present value (NPV) of an investment,…
Q: Which of the following will increase a company's current liabilities? Note: You may select more than…
A: Current liabilities are what a company owes and needs to pay within a year. When a company purchases…
Q: Financial accounting question
A: Step 1: Define Price-Earnings RatioThe price earnings ratio is useful in ascertaining the valuation…
Q: [The following information applies to the questions displayed below.] Raleigh Department Store uses…
A: Step 1:Ending inventory is the amount of unsold stock at the end of the accounting period. If the…
Q: Laner company has the following data for the production solve this question
A: Step 1: Define Cost AccountingIt is the division of accounting process that is related to the…
Q: Please provide this question solution general accounting
A: Weighted Average Cost of Capital (WACC) = 11% or 0.11Cost of Equity (Re) = 13% or 0.13Pretax Cost of…
Q: Select one of the four data approaches: Descriptive Analytics, Diagnostic Analytics, Predictive…
A: I have selected Predictive Analytics as the data approach. This approach is chosen because it allows…
Q: None
A: The question pertains to the determination of the Internal Growth Rate or the IGR. An internal…
Q: Please need help with this financial accounting question not use chatgpt
A: Step 1: Define Operating IncomeOperating income is a company's profit from its main business…
Q: Need answer the general accounting question
A: Step 1: Define Total EquityAs per the balance sheet equation, the excess of total assets over the…
Q: A company borrowed from STB bank and FDB bank amounts of P600 000 and P550 000respectively for 3…
A: Effective 3-Month RateSTB Bank Loan:Loan amount: P600,000Prime rate: 9.5%STB Bank's rate:…
Q: i want to answer of this Question of Accounting Subject please solve it fast as posible
A: Step 1: Define Retained EarningsRetained earnings are the amount of income that companies do not…
Q: None
A: Step 1:The cash purchase of plant assets is calculated as follows: Cash purchase = Ending balance -…
Q: Please provide this question solution general Accounting
A: Step 1: Define Economic Order QuantityIn order to minimize total holding costs and inventory…
Q: Dessert Rose Salon
A: Explanation of Service Time: Service time refers to the duration and scheduling of different beauty…
Q: solve the problem
A: Explanation of Variable Manufacturing Overhead: Variable manufacturing overhead represents indirect…
Q: Banele had a taxable estate of $18.0 million when they died this year. Calculate the amount of…
A: Key Details for 2024:Estate Value: $18,000,000Exclusion Amount (2024): $13,610,000Taxable…
Q: I need answer
A: Step 1:Missing units can be calculated by subtracting the ending units in physical count from the…
Q: Tutor please provide answer accounting
A: Step 1: Define Days' sales outstandingThe days' sales outstanding figure shows how long collections…
Q: general account question. answer it short
A: Step 1: Identify the merchandise inventory at retailStep 2: Determine the cost-to-retail ratioStep…
Q: Financial accounting question please given answer not use ai..
A: Step 1: Define Accounts Receivable Turnover RatioThe accounts receivable turnover ratio refers to…
Q: In 2010 Casey made a taxable gift of $6.9 million to both Stephanie and Linda (a total of $13.8…
A: Exhibit Data Used2024 Exclusion Amount: $13.61 million (Gift Tax and Estate Tax exclusion).Exhibit…
Q: 20-31 EOQ, uncertainty, safety stock, reorder point. Phillips Corporation is a major manufacturer of…
A:
Q: ANSWER FAST
A: Perpetual inventory systems have evolved the stock control process mainly for the reason that they…
Q: General account
A: Step 1: we first solve for the variable cost. We add the production which is $3 and the selling and…
Q: Financial Accounting Question please correct answer
A: Step 1: Define Material Price VarianceMaterial price variance calculates the difference between the…
Q: H.T. Tan Company is preparing the annual financial statements dated December 31 of the current year.…
A: Understand the LCNRV RuleThe LCNRV rule ensures that inventory is reported at the lower value…
Q: solve both general account questions
A: Given Data:Number of units produced = 16,900 unitsVariable costs per unit:Direct materials =…
Q: I want to correct answer accounting
A: Step 1: Define Average Collection PeriodAs its name suggests, the average collection period denotes…
Q: What is Ram Company's interest coverage ratio on these accounting question?
A: Step 1: Calculate the pre-tax income.= after-tax net income / (100% - 40%)= $120 / 0.60= $200since…
Q: Accounting questions
A: Step 1: Define Service CostService Cost are cost incurred by the service departments in assisting…
Q: Tala Inc uses revaluation accounting for its Equipment. July 7, 2023: Purchased Equipment for…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Hello tutor please give me answer accounting
A: Step 1: Define Manufacturing OverheadManufacturing overheads are applied to the cost of goods…
Q: Answer me
A: To find the optimal stock order quantity, we use the Economic Order Quantity (EOQ) formula, which…
Q: Hi expart Provide answer the accounting question not use ai
A: Step 1: Define MaturityThe maturity of a market instrument is the date and day when the loan amount…
Q: Answer the below in descending order and to zero decimal places. Thank you
A: Explanation of the Workings:1. Cost to Date: This is the cumulative cost incurred for the project up…
Q: Please solve this general accounting problem with calculation
A: Step 1: Define InventoryInventory can be defined as the products which are company manufactured to…
Q: Sperberg corporation operating leverage solution this question
A: The problem pertains to operating leverage. Operating leverage is a cost-accounting formula (a…
Q: Alpha company has the following sovel this accounting question answer
A: Step 1: Define Account Receivable Turnover Ratios:The receivable turnover ratio is a technique that…
Q: Give true answer the accounting question not use ai
A: Step 1:As per high low method variable cost per unit is calculated by following formula = ( Cost at…
Q: Cash receipt?
A: Hello student! To determine the cash collections/receipts for June, July, and August, we need to…
Q: A vendor prepares 100 hotdogs every day and sells them at $20/piece. For each hot dog, he spends $12…
A: Step 1: Calculate RevenueThe vendor sold 80 hot dogs at $20 each:Revenue from sold hot dogsRevenue…
Q: i want to answer of this Question of Accounting Subject please solve it fast as posible
A: Step 1: Define Merchandise inventoryThe goods a business buys to resell to customers and generate…
Q: Need help with this accounting question not use ai
A: Step 1: Calculate Gross Profit• Formula: Gross Profit = Sales - Cost of Goods Sold (COGS) Step 2:…
Q: I need answer
A: Explanation of Cash Sales: Cash sales represent transactions where payment is received immediately…
Please provide correct answer general accounting
Step by step
Solved in 2 steps
- Marissa paid $203.57 for a printer that she purchased after receiving trade discounts of 24%, 18%, and 8%. a. What was the list price of the printer?You purchased a new washer and dryer for $1,297.07 (including sales tax and delivery). Financing was used for the full purchase price and the payments are $141.43 per month for 11 months. What is the cost for the loan?The purchase price of a condominium is $122,500. A down payment of 26% is made. The bank charges $725 in fees plus 3 1/2 points. Find the total down payment and thr closing costs.
- A Hoover we(t)/( d)ry vacuum cleaner was bought for $600 and sold for $630. State the rate of profit made on the vacuum cleaner.An air-conditioning system is installed in a building under construction. Thebill for installation is the cost of the parts plus overhead plus sales tax. Theoverhead is 75% of the cost of the parts. The parts cost $3,500. The sales taxis 4% of the cost of parts plus overhead.a. Find the cost of the overhead.b. Find the sales tax.c. Find the total amount of the bill.What I Can Do Given the following amount of the expenses and revenue, solve for the profit using the formula discussed earlier. Explain your computation. Paid Rent : 2,500.00 Paid utility fees : 4,679.18 Supplies : 10,789.86 Delivery cost : 589.00 Employees' salary A. : 450.00 (15days) (4 persons) B. : 650.00 (15days) (1 person) Income : 104,596.50
- 25% of the price of a living room furniture is paid with a document with a face value of $4,000 and expiration in 30 days. 30% is settled through a payment within 60 days, another 30% with a document within 90 days of the purchase and the remaining 15% is left as an advance payment. Obtain a) The price of the furniture. b) The advance payment and the other two payments. c) The total interest charge. Assume that the furniture store charges 22.20% annually compounded by months on its credit sales.Paula bought a new flotation tank for $8,000. She must pay 5% sales tax and 7% excise tax. The company is shipping the tank, so Paula must also pay a $15 insurance charge. What's the total purchase price of the tank? A. $8,560 B. $8,400 C. $8,975 D. $8,960Complete the following table. Purchase price of product Schwinn Mountain Bike $242, Down payment $100, Amount financed $142, Number of monthly payments 12, Amount of monthly payments $13.50, Total of monthly payments $162. What is the total finance charge?
- Marina has a small store. Last month, she purchased merchandise costing ₱75, 000 for which she gained 10% of the cost price. She also paid ₱2,000 for interest onmoney she borrowed for her store. a. How much was her cost of sales? b. How much profit did she make?esther has a small store. last month, she purchased merchandise costing p75,000.00, for which she paid freight of p7,500.00. she sold 60% of the merchandise for p68,000.00, after spending for various expenses totalling p13,000.00. she also paid p2,000.00 for interest on money she borrowed for her store. a. how much was her cost of sales? b. how much gross profit did she make? c. how much operating profit did she make? d. what was her net profit?An item is purchased for $2500 with a down payment of $500. There is a finance charge of $ 150 Find the monthly payment if 20 payments are made. Round the answer to the nearest cent.