Skilantic company needs to pay a supplier’s invoice of $60,000 and wants to take a cash discount of 2/10, net 40. the firm can borrow the money for 30 days at 11% per annum plus a 9% compensating balance. [ 57 ] assuming skilantic borrows the money on the last day of the discount period and repays it 30 days later, the effective interest rate on the loan is

2. high-glow currently produces 1,000 bicycles per month. the following per unit data apply for sales to regular customers: direct materials $50 direct manufacturing labor 5 variable manufacturing overhead 14 fixed manufacturing overhead 10 total manufacturing costs $79 the plant is experiencing demand shortage and is considering reducing production to 800 bicycles. what is the per unit cost of producing 800 bicycles? a) $79 per unit b) $81.50 per unit c) $74 per unit d) $69 per unit

Serious question, which is preferred in a business? pp or poopoo?

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries