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EleoNora
1 month ago
5

Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically

every week. it is evident that jack uses _____ as the mode of payment.
a. e-pay


b. e-cash


c. a nanopayment card


d. a micropayment card
Business
1 answer:
soldi70 [3.6K]1 month ago
7 0
It is clear that Jack opts for "e-cash" as his payment method.
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Smyth Industries operated as a monopolist for the past several years, earning annual profits amounting to $50 million, which it
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Answer:

To begin with, we require a discount rate; in researching similar questions, I found that the discount rates ranged from 4% to 8%, so I opted for 6%.

The company has two options: continue operating in a competitive market or reduce its prices to eliminate competition.

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For the second option, the present value is:

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3 0
2 months ago
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data
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Answer:

The factory overhead allocated for each unit of Blinks is b.$19.50

Explanation:

It’s essential to recognize that Ramapo Company applies a single plantwide overhead rate to allocate all overhead costs based on direct labor hours.

The plantwide overhead rate is determined by dividing the Total Overheads of the company by the Total Labor Hours.

Total Overheads:

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Assembly Department     $72,000

Total                                 $156,000

Total Labor Hours:

Fabrication Department                                             0

Assembly Department (1,000 × 4) + (2,000 × 2)     8,000

Total                                                                    8,000

Note:  only the Assembly Department has labor hours.

Plantwide overhead rate:

Plantwide overhead rate = Total Overheads / Total Labor Hours

                                           =  $156,000 / 8,000

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