BUSINESS HIGH SCHOOL

Ken makes a monthly income of $3000 after taxes. Every month, he spends 40% of his income on clothing. How much money does Ken spend on new clothes every month?

Answers

Answer 1
Answer: Take 40 over a 100 as a fraction and 3000 over 1 as a fraction and multiply them. 3000 multiply by 40 is =120000 and divide that by 100 would be 1200

$1200
 

Related Questions

MIDDLE SCHOOL

When we often interupt a person who is speaking to us, we'er likely to give the impression that we?

Answers

I would personally say that you underestime the person, by making his/her realise that you are not interested or enthusted by his or her conversing.
However, it may also signalise that we want to change topic or feel enthusiastic or uncomfortable.
COLLEGE

Which of the following represents the types of data commonly found in the Marketing department? a. Promotional data

b. Payroll data

c. Tax data

d. Employee data

Answers

Answer:

The correct answer is letter "A": Promotional data.

Explanation:

Promotional data refers to all information regarding special discounts a company can provide to its customers to boost sales or get rid of inventory with a close expiration date. This type of information is usually handled by the Marketing Department of the organization because they are responsible for introducing the promotion into the market suitably.

MIDDLE SCHOOL

Which best describes how standards help domestic producers?

Answers

The answer is standards require goods to meet basic requirements. I just took the test. 
Domestic industry" means, other than for the purposes of determining injury and subject to the provision governing regional markets, the domestic producers as a whole of the like goods or those domestic producers whose collective production of the like goods constitutes a major proportion of the total domestic
HIGH SCHOOL

The amount you pay to use someone else's money is called

Answers

It should be a loan if thats one of the choices
COLLEGE

Which of the following organizational data are required when creating a purchase requisition? A) Sales organization
B) Purchasing organization
C) Purchasing group
D) Company code

Answers

Answer: The correct answers are "D) Company code", "B) Purchasing organization", and "C) Purchasing group".

Explanation: When creating a purchase request, it is not necessary at any time the organization of sales, since in this case it is a purchase therefore it is necessary:

B) Purchasing organization .

C) Purchasing group .

D) Company code.

COLLEGE

Which one of the following statements is true regarding JIT inventory? A) It exists just in case something goes wrong.

B) It hides variability.

C) It is the minimum inventory necessary to keep a perfect system running.

D) It is minimized with large lot production

Answers

Answer:

The correct answer is letter "C": It is the minimum inventory necessary to keep a perfect system running.

Explanation:

Just in Time (JIT) inventory is a system of supplying goods as close as possible to when they are needed. For a company that resells, this means goods arrive just before hitting the shelves for customer purchases. For a manufacturing company, it means part and raw materials arrive just before they are added to the final product.

Keeping less inventory on hand means a company has more available cash and credit for other users.

HIGH SCHOOL

Coal Miner Co. acquired coal rights for $100,000,000. It is estimated that there are 2,500,000 tons of the resource, and during the current year 500,000 tons were mined and sold. What is the amount of depletion for the current year? a. $2,500,000
b. $10,000,000
c. $20,000,000
d. $2,000,000

Answers

Answer:

C

Explanation:

To estimate the amount of depletion for the current year?

We need to know the rate of depletion which

$100,000,000/2,500,000 = $40/ton

The amount of depletion for the current year will be

$40/ton x 500,000 tons = $20,000,000

Answer:

Correct answer is C, $20,000,000

Explanation:

Computation of depletion expense of natural resources has similar concept with depreciation of fixed asset. To calculate the depletion expense, we have to deduct first the salvage value (if there is) from the cost of an asset divided by the total estimated units available multiplied by the units extracted.

FORMULA:

(TOTAL COST - SAVAGE VALUE) / TOTAL ESTIMATED UNITS AVAILABLE x UNITS EXTRACTED

($100,000,000 - 0 ) / 2,500,000 x 500,000 = $20,000,000

COLLEGE

Smith Law Firm specializes in the preparation of wills for estate planning. On October 1, 2021, the company begins operations by issuing stock for $12,000 and obtaining a loan from a local bank for $24,000. By the end of 2021, the company provides will preparation services of $31,000 cash and pays employee salaries of $22,000. In addition, Smith pays $1,900 in cash dividends to stockholders on December 31, 2021. Determine the amount of financing cash flows Smith would report in 2021.

Answers

Answer:

Cash flow from financing                              $34,100

Explanation:

The amount of financing cash flows that Smith would report in year 2021 is as follows:

Issuance of stock by Smith law firm            $12,000

Loan from local bank                                    $24,000

Dividends paid to stockholders                    ($1,900)

Cash flow from financing                              $34,100

HIGH SCHOOL

In attempting a credit check on a foreign firm, a basic problem is

Answers

Deciphering the business's organization and the name
Random Questions