Slotnick Chemical received $400,000 from customers as deposits on returnable containers during 2021. Fifteen percent of...
Slotnick Chemical received $400,000 from customers as deposits on returnable containers during 2021. Fifteen percent of the containers were not returned. The deposits are based on the container cost marked up 10%. How much profit did Slotnick realize on the forfeited deposits? (Do not round intermediate calculations.)
Multiple Choice
-
$6,000.
-
$5,455.
-
$0.
- $60,000.
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Slotnick Chemical received $400,000 from customers as deposits
on returnable containers during 2021. Fifteen percent of...
Slotnick Chemical received $350,000 from customers as deposits on returnable containers during 2021. Ten percent of...
Slotnick Chemical received $350,000 from customers as deposits on returnable containers during 2021. Ten percent of the containers were not returned. The deposits are based on the container cost marked up 35%. How much profit did Slotnick realize on the forfeited deposits? (Do not round intermediate calculations.) Multiple Choice $9,074. $12,250. $0. O$35,000.
Slotnick Chemical received $260,000 from customers as deposits on returnable containers during 2018. Fifteen percent of...
Slotnick Chemical received $260,000 from customers as deposits on returnable containers during 2018. Fifteen percent of the containers were not returned. The deposits are based on the container cost marked up 25%. How much profit did Slotnick realize on the forfeited deposits? Multiple Choice o o $9,750. o $7,800. o $39,000.
Clark's Chemical Company received refundable deposits on returnable containers in the amount of $102,000 during 2021....
Clark's Chemical Company received refundable deposits on returnable containers in the amount of $102,000 during 2021. Nine percent of the containers were not returned. The deposits are based on the container cost marked up 20%. What is cost of goods sold relative to this forfeiture? Multiple Choice $1,530. $45,900. $0. $7,650.
Slotnick Chemical received $350,000 from customers as deposits on returnable containers during 2021. Ten percent of the containers were not returned. The deposits are based on the container cost marked up 35%. How much profit did Slotnick realize on the forfeited deposits? (Do not round intermediate calculations.) Multiple Choice $9,074. $12,250. $0. O$35,000.
Slotnick Chemical received $260,000 from customers as deposits on returnable containers during 2018. Fifteen percent of the containers were not returned. The deposits are based on the container cost marked up 25%. How much profit did Slotnick realize on the forfeited deposits? Multiple Choice o o $9,750. o $7,800. o $39,000.
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