frasquita acquired equipment from the manufacturer on 6/30/2024 and gave a noninterest-bearing note in exchange. frasquita is obligated to pay $550,000 on 4/30/2025 to satisfy the obligation in full. if frasquita accrued interest of $15,000 on the note in its 2024 year-end financial statements, what would the manufacturer record in its 2024 income statement for this transaction?
Answers
The manufacturer would record revenue of $253,515.16 in its 2024 income statement for the sale of the equipment to Frasquita.
Since the note is non-interest bearing, the interest is implied in the difference between the face value of the note and the cash paid for the equipment.
In this case, the face value of the note is $550,000, and since the note is payable in 10 months, the cash paid for the equipment is the present value of the note.
Using an interest rate of 12% (which is assumed to be a reasonable rate), we can calculate the present value of the note:
Present Value = Face Value / (1 + Interest Rate)^n
Present Value = $550,000 / (1 + 0.12)^10
Present Value = $253,515.16
Therefore, the manufacturer received $253,515.16 in cash for the equipment and has an account receivable of $550,000 from Frasquita. The manufacturer's income statement for 2024 would record the revenue from the sale of the equipment, which is the cash received of $253,515.16.
The interest accrued by Frasquita on the note of $15,000 is not recorded by the manufacturer in its income statement because the note is non-interest bearing. The interest is already implied in the face value of the note and is factored into the present value calculation.
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Related Questions
what challange might we face in case chose profession that does not meet our interest and capacity
Answers
Each person has a different profession. The interest and capacity of the individual in question determine the profession of choice. As a result, we must match our study material to our students' interests and aptitudes from an early age.
In such occupation, we are unable to raise our quality. We are unaware of its operating hours or methodology. We will be considering how to do that assignment while everyone else is working. However, if we do the assignment, we won't get experience because our focus will still be on the career we were interested in. If we select a career that doesn't align with our interests and abilities, we will fail.
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Suppose a monopolist has the following cost function C(Q) = 1⁄4 Q2 (with marginal cost MC(Q)=1/2Q). SupposetheyfacedemandisP=100–1⁄4Q. a. Sketch the market demand, marginal costs, and marginal revenues. b. What is the monopolist’s optimal level of output and profits? c. Confirm that demand is elastic at the optimal output. d. Calculate the firm’s markup. e. What is the DWL associated with the monopoly output? f. Suppose the government offered a $10 production subsidy to the monopolist. What is their new optimal output?
Answers
In the given scenario, the monopolist faces a demand curve of P = 100 - 1/4Q and has a cost function of C(Q) = 1/4Q^2. Total cost is TC = 1/4(50)^2 = $625. Hence, profits are given by π = TR - TC = $4,375 - $625 = $3,750.
a. The market demand curve is P = 100 - 1/4Q, which slopes downward. The monopolist's marginal cost curve is MC(Q) = 1/2Q, which increases with output. The marginal revenue curve for a monopolist is derived from the demand curve and has the same intercept but twice the slope. Marginal revenue can be calculated as MR(Q) = 100 - 1/2Q.
b. To find the monopolist's optimal level of output and profits, we need to equate marginal revenue and marginal cost. Setting MR(Q) equal to MC(Q), we have 100 - 1/2Q = 1/2Q. Solving this equation gives Q = 50. Therefore, the monopolist's optimal output is 50 units. To find profits, we can substitute this output level into the demand curve: P = 100 - 1/4(50) = 87.5. Total revenue is TR = P × Q = 87.5 × 50 = $4,375. Total cost is TC = 1/4(50)^2 = $625. Hence, profits are given by π = TR - TC = $4,375 - $625 = $3,750.
c. At the optimal output of 50 units, we can calculate the price elasticity of demand (Ed) using the midpoint formula: Ed = (ΔQ/Q) / (ΔP/P) = ((50-40)/((50+40)/2)) / ((87.5-82.5)/((87.5+82.5)/2)) ≈ 0.65. Since the absolute value of Ed is greater than 1, demand is confirmed to be elastic at the optimal output level.
d. The markup can be calculated using the formula: Markup = (P - MC) / P. Substituting the values, we have Markup = (87.5 - 1/2(50)) / 87.5 ≈ 0.43, which means the monopolist charges a price that is approximately 43% above the marginal cost.
e. Deadweight loss (DWL) represents the loss in total surplus due to the monopolistic market power. In this case, the monopolist's output is 50 units, while the socially optimal output would be where marginal cost equals demand, i.e., MC = P. Substituting MC = 1/2Q and P = 100 - 1/4Q, we find 1/2Q = 100 - 1/4Q, which gives Q = 66.67 units. The DWL can be calculated as the difference in the areas between the demand curve and marginal cost curve for Q = 66.67 and Q = 50, respectively.
f. If a $10 production subsidy is offered by the government, the monopolist's new marginal cost curve would shift downward by $10. Therefore, the monopolist's new optimal output can be found by equating the new marginal cost curve (MC(Q) - $10) with the original marginal revenue curve.
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Discuss the professions related to finance.
Answers
Answer:
Financial officer, finance clerk, treasurer
Finance officers help to manage the finances of an organisation by keeping track of its income and controlling its spending.
reasons for youth unemployment
Answers
You will have $ in 20 years if you set aside $2,000 at 8%. (Use the future value tables from Chapter 5.)
Answers
In 20 years you'll have $5,220.
2,000×0.08=160
2,000+(160×20)= 5,220.
The total interest will be $3200 (160X20) at an interest rate of 8%. You'll have $5,220 after 20 years.
What is the interest rate?The amount of interest due each period expressed as a percentage of the amount lent, saved, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The rate calculated over a year is the annual interest rate. However, they are typically annualized. Various interest rates are applicable over shorter time frames, such as a day or a month.
A key tool of monetary policy, interest rate goals are taken into consideration when addressing issues like investment, inflation, and unemployment. When a nation wants to boost consumption and investment in the economy, its central bank typically lowers interest rates.
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Which of the following is NOT a part of reviewing and revising the financial plan?
-developing an action plan which identifies ways to achieve the goals
-regularly assessing the financial decisions
-taking a complete review of finances at least once a year
-making priority adjustments which will being financial goals in like with current life situation
Answers
Answer:
Developing an action plan which identifies ways to achieve the goals.
Explanation:
Reviewing & Revising the Plan
Involves:
regularly assessing the financial decisions
taking a complete review of finances at least once a year
making priority adjustments which will bring financial goals in line with current life situation
PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Answers
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
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What is advertising??
Answers
Answer:
the activity or profession of producing advertisements for commercial products or services.
Explanation:
Answer:
the activity or profession of producing advertisements for commercial products or services.
"movie audiences are receptive to advertising"
advertisements collectively.
"despite being instructed to take the signs down, he says he has no intention of removing the advertising"
Explanation:
dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
Job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is ______.
Answers
Explanation:
job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is:
total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000
The cost transferred to cost of goods sold for the sale of 600 of the units is 120,000. Frequently, market analysts use models with two sources of info: actual capital, with amount K and work, with amount L.
What is Total cost?In financial matters, total cost (TC) is the base dollar cost of creating some amount of result.
This is the total monetary cost of creation and is comprised of variable cost, which changes as indicated by the amount of a decent delivered and incorporates information sources like work and natural substances.
Work #4260 comprised of 1,000 units at a total cost of $200,000. The cost moved to cost of products sold for the offer of 600 of the units is
Total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000
The negligible cost can likewise be determined by tracking down the subordinate of total cost or variable cost. Both of these subsidiaries work in light of the fact that the total cost incorporates variable cost and fixed cost, yet fixed cost is a consistent with a subsidiary of 0.
The total cost of delivering a particular degree of result is the cost of the multitude of variables of creation. Total cost in financial matters incorporates the total open door cost (benefits got from the following best other option) of each element of creation as a feature of its fixed or variable costs.
Therefore The extra total cost of one extra unit of creation is called minor cost.
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Should copyright laws still be around and protected?
Answers
Answer: yes
Explanation: people can make money off stealing other peoples stuff for eg music etc…
When can the wage bracket method be used to calculate employee federal withholding?
Answers
The wage bracket method can be used if an employee claims up to 10 allowances.
The wage bracket method is considered the most straightforward approach, as it tells you the exact amount to withhold based on the employee's taxable wages, number of allowances, marital status, and payroll period.
The wage bracket method is used when an employee claims up to 10 allowances. Thus, this method stops at 10 allowances and limits the number of wages that can be used to calculate withholding which brings us to the percentage method.
Hence, for employees, withholding is the amount of federal income tax which is withheld from your paycheck.
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Explain why a business needs to keep variable costs low and high variable costs impact the business.
Answers
Answer:
if they have a high variable cost, the business will make no money and would probably start to loose money, to the point where they go out of business. So they have to keep the variable cost low, manufacture their products with a low price, and sell their products high to make money and keep the business going.
Output Total cost Average fixed cost Total fixed cost $500 500 Total variable cost $0 200 $500 NA 13. Using the table above, what is the average fixed cost when output is 57 A. $100 B. $115 C. $130 D. $145 14. Using the same table, what is the marginal cost when changing output from 4 to 57 A. $75 B. $50 C. $25 D. Not enough information 15. The cash fare of Raleigh's GoRaleigh bus is currently at $1.25 per ride. Suppose the city council is thinking about raising the fare to $2.50 to generate more revenue. The council has asked for your advice as a student of economics. What needs to be true in terms of price effect and output effect for the revenue to increase? A. Price effect > output effect B. Price effect < output effect C. Price effect = output effect 16. Same question as before, but now what would have to be true if increasing prices led to a decrease in revenue? A. Price effect > output effect B. Price effect < output effect C. Price effect = output effect Costs and Revenue MR Quantity 17. Using the figure above, what can you say about the profits of this monopolist? A. Since the ATC > the point where MR and MC intersect, this monopolist is incurring losses. B. Since the ATC is below the demand curve, the monopolist is making positive profits. C. Since the ATC < the point where MR and MC intersect, this monopolist is incurring losses. D. Since the ATC is above the demand curve, the monopolist is making positive profits. 18. In general, when should a firm decide to shut down? A. When P = MC B. when P = MR C. When P < ATC D. When P < AVC 19. In general, when should a firm decide to exit? A. When P - MC B. when P = MR C. When P < ATC D. When P < AVC Prisoner 2 Confess Stay Quiet Prisoner 1 Confess (5 years in jail, 5 years in jail) (Set free, 8 years in jail) Stay Quiet (8 years in jail, Set free) (1 year in jail, 1 year in jail) 24. What is the Nash equilbrium in the game above? A. confess, confess B. confess, stay quiet C. stay quiet, confess D. stay quiet, stay quiet P2 NS E 16.4 7,3 5,5 P1 H 7,3 3,7 4,6 L 8,2 6,4 3. 7 25. In the 3 x 3 matrix above, what is the Nash equilibrium? A. UN B. UE C. HS D. HAN E. LE
Answers
13. The average fixed cost when output is 57 is $130. This is calculated by dividing the total fixed cost ($500) by the output (57). Therefore, the correct answer is C. $130.
14. The marginal cost when changing output from 4 to 57 cannot be determined with the information given. We would need to know the change in total cost associated with the change in output in order to calculate marginal cost. Therefore, the correct answer is D. Not enough information.
15. In order for revenue to increase when the fare is raised to $2.50, the price effect must be greater than the output effect. This means that the increase in price must lead to a greater increase in revenue than the decrease in quantity demanded leads to a decrease in revenue. Therefore, the correct answer is A. Price effect > output effect.
16. If increasing prices leads to a decrease in revenue, the output effect must be greater than the price effect. This means that the decrease in quantity demanded leads to a greater decrease in revenue than the increase in price leads to an increase in revenue. Therefore, the correct answer is B. Price effect < output effect.
17. The monopolist in the figure is making positive profits because the ATC is below the demand curve. This means that the firm is able to produce at a lower cost than what consumers are willing to pay for the product. Therefore, the correct answer is B. Since the ATC is below the demand curve, the monopolist is making positive profits.
18. A firm should decide to shut down when P < AVC. This means that the firm is not able to cover its variable costs and is losing money on each unit it produces. Therefore, the correct answer is D. When P < AVC.
19. A firm should decide to exit when P < ATC. This means that the firm is not able to cover its total costs and is losing money in the long run. Therefore, the correct answer is C. When P < ATC.
24. The Nash equilibrium in the game above is A. confess, confess. This is because both prisoners have a dominant strategy to confess, meaning that confessing is the best option for each prisoner regardless of what the other prisoner does.
25. The Nash equilibrium in the 3 x 3 matrix above is B. UE. This is because both players have a dominant strategy to choose E, meaning that choosing E is the best option for each player regardless of what the other player does.
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why do your feet stink
Answers
Answer:
feet become smelly if sweat soaks into shoes and they don't dry before you wear them again. Bacteria on the skin break down sweat as it comes from the pores.
the company will not borrow money or pay or declare dividends during the 2nd quarter. the company will not issue any common stock or repurchase its own stock during the 2nd quarter. how much is the company's expected merchandise purchases in the month of june?
Answers
Based on the information provided, we can determine that the company will not borrow money, pay dividends, issue common stock, repurchase its own stock, or declare dividends during the 2nd quarter. In summary, without more information, we cannot determine the exact amount of the company's expected merchandise purchases in June.
However, the question asks about the expected merchandise purchases in the month of June.
While the question does not explicitly state the company's expected merchandise purchases in June, we can assume that since the company is not engaging in any borrowing or stock-related activities during the quarter, its expected merchandise purchases in June will depend solely on its internal funds or existing cash reserves.
To determine the exact amount of the company's expected merchandise purchases in June, we would need more specific financial data or context about the company's operations, historical performance, and market conditions. Without these additional details, it is not possible to provide a precise figure for the company's expected merchandise purchases in the month of June.
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ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Answers
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
l
l
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Electronic résumés have an attractive, highly formatted appearance. T F
Answers
Answer:
False.
Explanation:
False.
Answer:false
Explanation: got it right
A company wishes to determine the EOQ for an item that has an annual demand of 2,000 units, a cost per order of $75, and annual carrying cost of $7.50 per unit. What is the total holding cost?
a.200
b.1500
c.750
d.500
Answers
The total holding cost is approximately $649.23, which is closest to answer option b, 1500.
The formula for determining the Economic Order Quantity (EOQ) is:
EOQ = sqrt(2DS / H)
Where:
D = annual demand (2,000 units)
S = cost per order ($75)
H = annual carrying cost per unit ($7.50)
Plugging in the values:
EOQ = \(sqrt(2 * 2000 * 75 / 7.5) = sqrt(30000) = 173.2051...\)
So, the optimal order quantity is approximately 173 units.
The total holding cost can be calculated using the formula:
Total Holding Cost \(= H * (EOQ/2) = 7.5 * (173.2051 / 2) = 649.23\)
Therefore, the total holding cost is approximately $649.23, which is closest to answer option b, "1500".
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What are two types of goods/services that lend themselves well to price competition? Discuss these goods/services and reasons why price competition works best for them.
Answers
Explanation:
The two types of goods / services where price competition works best are those classified by a market model of perfect competition and imperfect competition.
In perfect competition, there is a predominance of a homogeneous market, with the presence of many companies and without barriers to entry, where there is the possibility of free price competition, such as the food industry.
In imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition but depending on the benefits, functionality and degree of differentiation of the good perceived by the consumer.
The two types of goods/services that lend themselves well to price competition are those that are classified by a market model of perfect competition and imperfect competition.
It should be noted that in perfect competition, there is a homogeneous market. Also, no one can influence the price. There's also free entry and exit.
On the other hand, in imperfect competition, there is also the presence of many industries in the market, but there is a differentiation of products, which causes price competition. Also, the producers can influence the price.
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The job outlook suggests that the translator field will likely to continue to grow. Will likely to continue to shrink. Has changed very little over time. Tends to be unclear or hard to predict.
Answers
From the information given, the job outlook implies that the translator field will likely to continue to grow.
According to the complete information, a chart was given to show facts that related to professional interpreters.
It can be deduced from the chart that was given that the job outlook will suggest that the translator field will likely to continue to grow. This can easily be deduced from the chart.
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Answer:
A. will likely to continue to grow.
Explanation:
The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash during the next year for property, plant, and equipment is the ____________________ section. A. Management's Discussion and Analysis of Financial Condition and Results of Operations B. Business Overview C. Financial Statements D. Notes to Financial Statements
Answers
The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash is the Management's Discussion and Analysis of Financial Condition and Results of Operations.
What do you mean by an investor?An investor refers to any person or entity that invests capital with the expectation of receiving financial returns in the future.
Management Discussion and Analysis refers to a section of a company's annual report where the company's performance has been analyzed with qualitative and quantitative measures.
Management discussion and analysis is an important source of information for analysts and investors who want to check the company's financial performance.
Therefore, A is the correct option.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Alisa is employed by Hallmark Cards, Inc., where her responsibilities include maintaining displays of greeting cards in drugstores and discount stores. Her daily activities include straightening the cards, pulling outdated or slow sellers, and installing new cards. Alisa is called a(n) specialty-line wholesaler. full-service stocker. in-store maintainer. assembler. rack jobber.
Answers
Answer: rack jobber.
Explanation:
A rack jobber is alsso called a rack merchandiser and it refers to a company or a trader that display products and also sells such products in a store.
Since the responsibilities of Alisa include displaying the greeting cards, straightening the cards, pulling outdated cards, and installing new cards, then we can infer that Alisa is a rack jobber.
(b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$
Answers
The revised overall due is $6,117.60. The early fee bargain amount is $416.88, and the new stability due after the bargain is $5,700.72.
(a) After correcting the mistakes within the itemization, the revised invoice desk must be as follows:
QTY. Ordered QTY. Shipped Description Unit Amount
44 ea. Sheets, king $45.10 $1,984.40
65 ea. Sheets, queen $39.60 $2,574.00
28 pkg. Pillow Cases, queen $17.85 $498.80
55 pkg. Pillow Cases, std. $17.35 $954.25
6 ea. Shams $33.25 $199.50
Invoice Subtotal $5,210.95
Shipping Charges of $131.50
Insurance $23.35
Invoice Total $5,365.80
(b) The variety of king-size sheets back is 4, and the quantity of queen-size sheets returned is three. The total cost of the back sheets may be calculated as follows:
4 * $45.10 (king-length sheet fee) + 3 * $39.60 (queen-length sheet rate) = $180.40 + $118.80 = $299.20
(c) The early fee bargain provided via the vendor is 8% of the product's fee. To calculate the bargain, we need to subtract the value of shipping and insurance from the invoice subtotal and practice the bargain percent:
Discount = 8% * (Invoice Subtotal - Shipping Charges - Insurance)
Discount = 8% * ($5,210.95 - $131.50 - $23.35) = 8% * $5,056.10 = $404.49
(d) The new balance due after making use of the cut price may be calculated by using subtracting the discount quantity from the bill overall:
New Balance Due = Invoice Total - Discount
New Balance Due = $5,365.80 - $404.49 = $4,961.31
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The correct question is:
"INVOICE Hamilton Mills No. 49485 INVOICE DATE July 9, 20xx 115 Rock Creek Road CUSTOMER'S Charlotte, North Carolina 28235 ORDER NO. 49485 SOLD TO: SHIP TO: SAME The Bedding Warehouse 406 Maple Road Franklin, VA 23851 SALESMAN SHIPPED VIA Federal Express TERMS Net 30 Days F.O.B. Charlotte, N.C. QTY. ORDERED QTY. SHIPPED DESCRIPTION UNIT AMOUNT 44 ea. Sheets, king $45.10 $1,984 40 65 ea. Sheets, queen $39.60 $2,57400 28 pkg. Pillow Cases, queen $17.85 $44980 55 pkg. Pillow Cases, std. $17.35 $954 25 6 ea. Shams $33.25 $299 50 $6,261.95 INVOICE SUBTOTAL SHIPPING CHARGES $131.50 Insurance $23.35 INVOICE TOTAL $6,416.80 Invoice Table QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $1,984.40 65 ea. Sheets, queen $39.60 $2,574.00 28 pkg. Pillow Cases, queen $17.85 $449.8 55 pkg. Pillow Cases, std. $17.35 $954.25 6 ea. Shams $33.25 $299.5 Invoice Subtotal $6,261.95 Shipping Charges $131.50 Insurance $23.35 Invoice Total $6,416.80 (a) You notice several errors in the itemization of the invoice. Correct the errors in the itemization ing the fol table $). QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $ 65 ea. Sheets, queen $39.60 $ 28 pkg. Pillow Cases, queen $17.85 $ 55 pkg. Pillow Cases, std. $17.35 $ 6 ea. Shams $33.25 $ $ Invoice Subtotal $ Shipping Charges $131.50 Insurance $23.35 Invoice Total $ (b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$ "
The senior management of Galaxy Industries has conducted a strategic planning meeting. Based upon the discussion, decisions were made regarding
Group of answer choices
a. whether the company should allow employees to work from home.
b. how the visibility of their marketing campaign can be increased over the next 6 months.
c. the number of employees who should be hired for the cafeteria this month.
d. whether the company should expand into a new region in the next 10 years.
e. how the biggest trucks in the business can be deployed next week.
Answers
The senior management of Galaxy Industries has conducted a strategic planning meeting and based upon the discussion, decisions were made regarding D. whether the company should expand into a new region in the next 10 years.
What is strategic planning ?Strategic planning is a process of setting long-term goals and objectives for an organization, and determining the strategies and actions necessary to achieve those goals.
Expansion into a new region is a significant strategic decision that requires careful planning and analysis. It involves assessing the potential benefits and risks of entering a new market, identifying the resources and capabilities needed to succeed, and developing a plan for implementation. The decision to expand into a new region is a key element of strategic planning and can have significant impacts on the future growth and success of a company.
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marco recently sold a line of special tagged collars to the local kennel for their dogs, as well as a line of leashes to a local dog walking company for their dog walkers. in which type of marketing channel does this transaction take place?
Answers
The transaction takes place in a vertical marketing channel.
What is marketing?
The actions a company takes to promote the sale or purchase of a product or service are referred to as marketing. Marketing includes all of the following: selling, delivering products to clients or other businesses, and advertising. Affiliates help a company with some of its marketing. One of the main strategies employed by marketing and advertising experts to pique the interest of significant target markets is advertising. Celebrity endorsements, catchy taglines or slogans, eye-catching packaging as well as graphic designs, as well as general media exposure are all examples of targeted promotions. Marketing as just a discipline encompasses all the actions a company takes to attract customers and maintain relationships with them.
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Travis is employed in a logistics company. How can he best avoid workplace hazards?
A.
by staying seated at his desk
B.
by avoiding hazardous work
C.
by wearing safety goggles
D.
by maintaining an uncluttered workplace
E.
by wearing comfortable clothes
Answers
By maintaining an uncluttered workplace is best avoid workplace hazards. Based on the unique needs of the customer, a logistics business manages and streamlines numerous procedures of moving goods from the place of origin to the site of company consumption.
Including warehousing and transportation. The evolution of logistics has been significantly aided by businesses like UPS and FedEx. These businesses are able to move products from their point of origin, store them, and package them. From the standpoint of a single company workplace, logistics deals with the movement of supplies and things that company receives and handles internally as well as the transportation of those materials and goods to a client.
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What is the term used to describe the fluctuation in demand of a certain product in relation to pricing?
Answers
Elasticity is a phrase used to describe how the price affects how much a certain product is in demand.
What is elasticity?In neoclassical economic theory, elasticity is a key idea that aids in understanding a variety of economic concepts, including the incidence of indirect taxation, marginal concepts related to the theory of the firm, wealth distribution, and different types of goods related to the theory of consumer choice. When talking about how welfare is distributed, particularly in terms of consumer, producer, or government surpluses, a grasp of elasticity is crucial.
Elasticity is a key notion in many economic theories, and it may be seen in a number of key indicators. These include the elasticity of demand at different prices, the elasticity of supply at different prices, the elasticity of demand at different income levels, the elasticity of replacement between factors of production, the cross-price elasticity of demand, and the elasticity of substitution across time.
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Which of the following is a disadvantage of the value added tax (VAT)?
A. The VAT is hard to avoid.
B. The VAT is invisible to consumers.
C. The VAT is easy to collect.
D. The VAT’s incidence is widely spread.
Answers
Answer:
The answer is B. I hope this helps <3
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