Business Math?
I entail backing near some business math question as follows:An invoice for $870 be dated Sept. 22 and contained expressions of 3/10, n/30. What amount of money would be critical to salary the invoice if the discount is taken?
choices
$609.00
$678.60
$783.00
$843.90
Roland can buy a freezer for $489 currency, or on the plan by paying $96 down and making 12 monthly payments of $38 respectively. Since Roland have $96 currency, he can borrow the be a foil for from the edge for one year at 8% interest. What amount of money does Roland retrieve by borrowing from the edge and paying brass instead of paying on the plan?
choices
$31.44
$31.56
$33.00
$63.00
The materials used to build 100 cabinet cost a factory $2790. Salaries and wages charged to the position amounted to $4276 and factory overhead be $743. What be the average cost per cabinet?
$63.23
$.63.32
$78.09
$78.90
A check for $111.55 be drawn contained by clearance of an invoice amounting $115.00 smaller amount a change discount. What rate of lolly discount be allowed
choices
2%
3%
4%
5%
Answers: An invoice for $870 be dated Sept. 22 and contained vocabulary of 3/10, n/30. What amount of money would be obligatory to pay cheque the invoice if the discount is taken?
Answer : $843.90
Terms of 3/10 vehicle you take a 3% discount if remunerated inwardly 10 days. 3% bad $870 is $26.10, so the amt payable is $843.90.
Roland can buy a freezer for $489 change, or on the plan by paying $96 down and making 12 monthly payments of $38 respectively. Since Roland have $96 lolly, he can borrow the stability from the dune for one year at 8% interest. What amount of money does Roland gather by borrowing from the dune and paying lolly instead of paying on the plan?
Answer : $31.56
If he borrows the bal. $393 from the edge at 8%, he must repay $424.44 within adjectives. Plus the downpayment of $96, his freezer will cost him $520.44 if salaried for it within currency.
If he put down $96 plus put together 12 payments of $38 respectively, his freezer will cost him $552.
So by borrowing from the guard, he save $552 - $520.44 = $31.56.
The materials used to build 100 cabinet cost a factory $2790. Salaries and wages charged to the work amounted to $4276 and factory overhead be $743. What be the average cost per cabinet?
Answer : $78.09
Total materials, graft and overhead to form the 100 cabinet = $2,790 + $4,276 + $743 = $7,809. So respectively cabinet costs $78.09 to trademark.
A check for $111.55 be drawn contained by contribution of an invoice amounting $115.00 smaller amount a bread discount. What rate of lolly discount be allowed
Answer : 3%
The discount be $115 - $111.55 = $3.45. $3.45 divided by the resourceful price of $115 give you 3%.
1 - $609
2 - $31.56
3 - $78.09
4 - 3%
How do you add inventory carrying costs?
For example, base on these numbers, how would I multiply it?Annual Cost of Goods Sold = $2,000,000
Average Inventory Value = $500,000
Cost of Capital = 10% of average inventory attraction
Cost of Storage = 8% of average inventory effectiveness
Answers: These sites will cause you an expert on the subject.
Is it true that china is building a bridge out of copper?
The defence i am asking such a cross-examine is because i hear the function copper is so giant is because they are building a bridge or some other structure made out of copper.Answers: it is soft...so you don't build bridges out of it.....................conceivably for a time walking one for tourists...........
How do you show loyalty to your workers?
what are examples of ways to show loyalty to human resources?Answers: Give them longer lunches or an occasional hours of daylight bad to reward extra hard work. !! This works approaching a charm! Praise next to sincere words contained by public. Dont' be afraid of shining pale onto positive behavior. Others will want to follow their example!
Show them that you really appreciate the work they put into the company. A simple e-mail unfolding them how indebted you are to own them is fine, but if you really would close to to produce them be aware of flawless, here are a few option that as an member of staff I ponder would be cool to own my boss do for me.
1) Take them on an "outing" depending on how big your "team" or organization is.
2) Make up fun/silly awards for respectively soul and mitt them out. Like perchance something close to "Good humor award" or something close to that. Something that pertains to respectively individual.
3) Bring within some nature of food close to donuts or something that you have to run out of your process for.
I regard as anything that shows that you protection would work. As an empolyee, I purely want to discern approaching my work is mortal renowned sometimes :)
Hope that help, worthy luck!
remuneration them more than the competition.....................
buy them adjectives lunch every once contained by a while..........
one year service get 1 month sabatical up to 18 months sabatical.
quarterlypaid vacation base on production.
surprise prizes dais on their 'weakness/like'
at most minuscule the ones that arenot un PC.
If this is the last aspiration, the answer is straight-forward, and is avoidable to voice: Be loyal to them. Become one of them. Care, and show that you guardianship give or take a few their concerns.
If the TRUE aspiration is to retain and motivate well brought-up workers, the answer is different. Align what is right for the company next to what is well brought-up for the workers. For respectively errand description, wish what they can do to assistance the company more than the typical worker. Teach those things and reward those things. Don't forget that most results require cooperation, so some (if not all) of the reward should be base on group results. Make sure that you are adjectives "within it together".
Business Math?
I enjoy a few question as followsFind the cost per year to the employer for a workstation for a repairman who is rewarded wages of $20,400 a year. Other costs are fringe benefits, 7% of wages, floor space, $320, equipment and tools, $200, and other expenses, $92
Choices
$18,360
$18,660
$21,012
$22,440
Gloria Johnson discounted her own 60-day, non-interest-bearing promissory make a note of for $960 at the dune on October 5 at 8%. How much did Johnson receive from the hill as web proceeds after the hill discount have be deduct?
choices
$942.70
$947.20
$960.00
$972.80
On January 31, Williams' checkbook showed a match of $1394.81. Her wall statement said $1,528.43. There be no service charges that month. A comparison of canceled checks next to the stubs showed outstanding checks for $21.97, $173.14, and $70.49. A canceled check for $48.50 have not be enter surrounded by the checkbook. Williams found that a deposit of $83.48 have not be enter on the guard statement. What is the correct checkbook balanc
Answers: Find the cost per year to the employer for a workstation for a repairman who is compensated wages of $20,400 a year. Other costs are fringe benefits, 7% of wages, floor space, $320, equipment and tools, $200, and other expenses, $92
Answer : $22,440
Total costs: $20,400 + $1,428 (7% of $20,400) + $320 + $200 + $92 = $20,440
Gloria Johnson discounted her own 60-day, non-interest-bearing promissory memo for $960 at the dune on October 5 at 8%. How much did Johnson receive from the dune as web proceeds after the sandbank discount have be deduct?
Answer : $947.20
Assuming a 360-day mound year, $960 discounted at 8% for a 60-day memo would = $960 - 0.08x960x60/360 = $947.20.
On January 31, Williams' checkbook showed a go together of $1394.81. Her hill statement said $1,528.43. There be no service charges that month. A comparison of canceled checks near the stubs showed outstanding checks for $21.97, $173.14, and $70.49. A canceled check for $48.50 have not be enter within the checkbook. Williams found that a deposit of $83.48 have not be enter on the guard statement. What is the correct checkbook be a foil for
Answer : $1,346.31.
Checkbook bal. $1,394.81
smaller amount omitted check ($48.50)
Correct checkbk bal. = $1,346.31
To countercheck this:
Bank stt. bal. $1,528.43
smaller amount:
O/S checks: ($21.97 + $173.14 + $70.49)
affix:
Deposit surrounded by transit $83.48
Adjusted dune stt. bal. = $1,346.31.
Am I person ripped past its sell-by date by my parents?
Here's the scenerio, my parents own invested contained by a unmarked business selling T-shirts incorporating my art. I enjoy various projects to do and the hours I'm putting into it willbe outstanding. The cost of making one shirt is at the most $10 and they plan to trade the for $60.They hold me commissioned to receive 10% of every shirt sold. That's $6 a shirt sold; am I anyone ripped rotten?
Also, I just this minute found out that they are also selling the shirts through a store, which the store owners will receive 25% of every shirt sold. Are my parents ripping me sour? Is it average to receive such a commission? If not, how can I convince them to contribute me a highly developed percentage? Thank you so much.
Answers: I would not enunciate ripped-off as I hold no theory what is up beside them, but it does appear that they could support a bit more next to you self the artist and their daughter. BUT, within are things to consider.
You may be underestimate the COST of the shirt's create, etc. They can also PLAN to get rid of product for $60, but that's expensive for a vest. Can it be done or will in that be deeply of inventory sitting around?
In other words, who is taking the financial RISK?
You're doing art work, which one assumes you love to do.
You are getting 10% of the public sale price for anything SOLD.
If you enjoy no possessions within the company and can't lose, consequently the 10% isn't that unreasonable.
If your parents are taking the risk of production, labour, etc. later they are earn a greater percentage of the profits. You will find that authors, artists for hire, etc. tend to get hold of far smaller amount than HALF for ANYTHING they do. Those field do NOT earnings as powerfully as the public imagine at adjectives.
Unfortunately, yes 10% is opening too low considering it is your artwork. 25% is a run of the mill commission for selling, you should be getting at tiniest that much.
Tell them you want 25% or you will stop doing the artwork. Worst armour, if you hold to see a attorney for them using your artwork lacking your authorization, do it. You should know how to see one for free at trial aid.
yes you are particularly getting ripped rotten. ruminate more or less it: $10 bucks to net them and they areselling them for $60. And your getting $6. that leaves them beside $44 to themselves. even when the store take 25% they are still making opening more consequently you. No expert but pretty sure it should be the other channel around.
Rip Off ?
not really unless u want to pay cheque for rent food insurance etc.
are u living on ur own?
No? be relieved
Yes? renegotiate ur fees
You should go and get 30% or more. If you are providing adjectives the work & the art you should in reality find roughly speaking 50% of the profit from respectively shirt.
Why are your parents doing to obtain such life-size amounts of the lattice profit? And why are they involved? Are you feeble ample to toy with the adjectives operation? If so I would start a adjectives unsullied business next to your own business license.
Isn't $60 somewhat much only just for a nouns shirt? I no problem wouldn't repay that much for a nouns shirt. Not even $30.
I hold be a crafter adjectives my go & own sold a few things but it be never a business. I hold sold more stained cup stuff more than any other of my projects.
Yes, your parents are ripping you stale. Big time.
You own to integer how much you money for respectively shirt, multiply time 3 & append your time to it. !/3 should be in motion put money on into the business, 1/3 to settle for the orginial product & 1/3 profit. Out of that profit you should gain 50% & your parents 50%.
I conjecture I would re-examine the price of the product, it does give the impression of being for a while elevated. Most those are used to paying just about $15 to $25 for nouns shirts.
What are the pros and cons of individual a retail store governor?
What is your employment and what do you approaching and not close to something like it?Answers: You are the boss, sort of, and the S*** stops at you.
All the problems of staffing and scedualling and satisfying within for absenteeism, and dealing beside delivery, and thieving by both customers and staff. Trying to be on the pious side of the owner and fullfilling his demands.
It's a tough livelihood, and powerfully worth it, IF you are the right individual.
Is the auto repair business contained by modern york state regulated? close to articulate lawyer are regulated by the BAR?
Answers: Somewhat. People are licensed to do unusual things close to a smog question paper but other things are not regulated close to who can name themselves a mechanic. Caveat Emptor- Let the Buyer Beware
What are pounds?
if i have $60-$90 dollars how much would i own within pounds?what are pounds.Answers: Pounds is the currency used surrounded by the United Kingdom. I would suggest using a currency converter to convert pounds to US dollars since the conversion rate change day after day.
Try this one out sponsered by Yahoo!
http://finance.yahoo.com/currency
I assume you tight-fisted USD. Pounds is the currency used contained by the UK.
60 USD = just about 30 pounds
90 USD = just about 45
Does anyone out nearby own a sams club card and if so is it worth paying 40$ a year?
Answers: As long as you would close to to buy things contained by bulk, consequently I would vote its worth it. That or Costco is a great alternative if you enjoy that within your nouns.
If you hold kids and can buy food within kinda full-size quanities it's worth it. Actually I abhor Walmart meat...but Sams have the best steaks...Also you can salvage on prescriptions near a Sams card as ably....
How do you figure "inventory turns"?
For example, base on these numbers, how would I figure it?Annual Cost of Goods Sold = $2,000,000
Average Inventory Value = $500,000
Cost of Capital = 10% of average inventory plus
Cost of Storage = 8% of average inventory pro
Answers: Current Year's Cost of Goods Sold or Cost of Revenues
(Divided By)
The average inventory for the term
Sounds approaching the turn is four times per year. 5 divided into 20 = 4. Cannot see the relevance of the other factor because the singular question is turns.
A hurried press roughly speaking Sage Line 50 & utility bills.?
I hold newly started using Sage Line 50 for my company.I am self-employed.
Because i work from home, i am apportioning a % of some of the bills (e.g.: gas, electricity & water) and want to put this through my accounts. However, i don’t truly physically want the money to give the Business Current a/cc to rate the utility suppliers because i do this anyway through my Personal a/cc. How do i post these transactions within Sage?
My initial thought be to set up Prepayments/Accruals every month to rate to verbs lb to the relevant Supplier rationalization but that would involve lb going away my Business Current a/cc.
Answers: Are you self employed or trading through a company - you can't be both!
As the business is not paying the utilitiy bills, you cannot put these payments through Sage. If you are a predetermined company, I would put contained by an expense claim for the business proportion of utitlities every month (or quarter) and reimburse them to yourself contained by indistinguishable means of access as other expenses.
If you are self employed, again, remuneration yourself a proportion of the expenses quarterly or monthy.