Business, 30.01.2020 09:43 melodyl3on
The local grocery store expects that customers will use credit cards to pay for a total of 110 comma 000 sales transactions during the month of april. these transactions are expected to amount to $ 5 comma 000 comma 000 in total sales revenue. the credit card issuers charge the store a transaction fee equal to $ 0.35 per transaction plus 3% of the amount charged. when budgeting for operating expenses in april, how much should the store expect to incur for credit card transaction fees?
Answers: 1
Business, 22.06.2019 17:30
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firmâs 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
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
Business, 22.06.2019 19:00
For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jillâs dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jillâs purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jillâs incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. kenâs bait shop had a beginning balance in its inventory account of $8,000. during the accounting period kenâs purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. kenâs incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?
Answers: 1
Business, 22.06.2019 19:50
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
The local grocery store expects that customers will use credit cards to pay for a total of 110 comma...
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