Answers
A business organization's change in benefit obligation is referred to as a prior service cost. The organization's past service costs should be recorded in straight lines.
Until the benefit obligation becomes a vested benefit obligation, it should be expensed.
Is the cost of past service amortized?Amounting an equal amount to each future period of service of each employee who is expected to receive benefits under the plan on the date of the amendment should be used to amortize prior service costs.
How is amortization of prior service costs calculated?Amortization of Costs of Prior Service The amount that must be amortized is calculated by deducting an equal amount from the costs of each employee who is anticipated to receive benefits for each future period of service.
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Related Questions
What are some reasonable steps to take? Choose
three correct answers.
Contact the seller again, including images of pages
that are in less than "fine" condition.
Immediately file a police report to gain an
advantage over the seller.
Consult the online auction's dispute-resolution link.
Write a negative review rather than trying to deal
with the seller directly.
If the site has a money-back guarantee, consider
simply returning the item.
Answers
Consult the online auction's dispute-resolution link.
If the site has a money-back guarantee, consider simply returning the item.
Critically analyse howexternalnfactors affect entrepreneurship . Support your answer with contemporary examples
Answers
Answer:
Productive entrepreneurs can invigorate the economy by creating jobs and new technologies, and increasing productivity.
Explanation:
i have no idea what to do here, can anyone help me please
Answers
Answer:
Try 450
Explanation:
Divide 900 to get 450.
Answer:
you dont even show the problem
Explanation:
is there more? or is that it?
In this unit, you learned about using the internet for business purposes. What forms of business communication rely on the internet? How do these forms differ from each other? What are some of the risks associated with internet-based communication? Which form do you think businesses find most useful for reaching the public? Why?
Answers
Answer:The forms of business purpose is Email, instant messaging, websites, blogs, text messaging, voicemail and video messaging.Each form have there way of doing things like emailis a message.and video message is a massage but you can see who you are talking to.The Form that I think is useful is Email because everyone use it.
ty
By saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.
What do you mean by the business Communication?Information sharing in the workplace and with external parties is referred to as business communication.
Digital media are used in internet marketing to spread awareness of your company and encourage customers to buy your goods and services.
According to the guidelines, despite the huge and constantly expanding range of issues categorized as online safety, they may be divided into four categories of risk: content, interaction, conduct, and commerce.
A useful electronic communication tool for marketing is the blog. Electronic communication that is effective has a distinct message.
Therefore, by saving time and money, switching from paper to electronic communications might actually make it easier for your company to communicate. A few types of electronic communication include email, instant messaging, websites, blogs, text messages, voicemail, and video messaging.
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Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 20 years, or 110,000 units of product, with a $1,000 salvage value. During its second year, the machine produces 4,400 units of product. Determine the machines' second-year depreciation under the straight-line method.
Multiple Choice
$7,800.
$6,240.
$6,200.
$7,850.
$7,750.
Answers
Answer:
Explanation:
Annual depreciation=(cost-salvage value)/useful life
Annual depreciation =(156,000-1000)/20
Annual depreciation =$7750/year
Hence Depreciation for second year=$7750.
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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The science of designing for efficient and comfortable interaction between a product and the human body is called __________.
Answers
Answer:
The question is lacking the multiple-choice options, below is the complete question and options:
The science of designing for efficient and comfortable interaction between a product and the human body is called __________.
A. the Kazuo principle
B. physical economics
C. the Kotlean method
D. ergonomics
Answer:
The correct answer is:
ergonomics (D)
Explanation:
Ergonomics is the application of the principles of psychology and physiology to the design and engineering of products, processes, or systems, with the aim of reducing human error, increasing productivity and enhancing safety and comfort, by paying particular attention to the human being the thing being interacted with. The ergonomic process involves:
Assessing risk, planning improvements, measuring progress, and scaling solutions.
Ergonomics involves so many disciplines including anthropology, psychology, physiology, sociology, engineering, biomechanics etc.
To gain more in-depth knowledge of ergonomics, I suggest you look it up.
List a minimum of four reasons why you might be rejected for a job offer.
Answers
Answer:
1. You don't have enough experience for the job.
2.There was a better candidate for the job.
3.You didn't take an interview seriously.
4.Your not professional enough.
5.You might have a criminal record and this job you are applying for doesn't want someone with a bad record.
6.You don't have any recommendations.
7.Your previously bosses say that you aren't a good employee.
8.You aren't punctual. (on time)
You misidentified the post for which you applied. You made a horrible first impression. You lack the necessary experience for the position. A better applicant was available for the position.
What are the methods of accepting and rejecting Job offers ? You weren't serious about the interview. You lack professionalism. This job you are seeking for might not want someone with a criminal record since you might have one. You lack any recommendationsAccept the job:
There are many different ways to accept a job, and frequently, people do so because they are attracted to the conditions that the employer is offering, such as the pay or the work schedule.
The ideal technique to accept it is in person, outlining what you anticipate from the business and expressing gratitude for the chance.to cooperate with them
Reject the position:
A lot of people turn down jobs due to unstable economic conditions, negative company references, demanding schedules, or a counteroffer from another employer.
The ideal method to turn down a job is to send an email explaining why you can't do it without getting into too much detail, without using many words, or in a stilted, official manner.
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a unique individual who has the courage to under take the risk associated with creating, organizing and owning business
Answers
Answer:
The description above defines an entrepreneur.
Explanation:
According to traditional economics, there are at least four-factor namely:
LandLabourCapitalEntrepreneurshipMore recent schools of thought have added information and technology that that list.
The entrepreneur still remains a critical part of the list given that it is responsible for putting together the other factors in such a way that value is given and received at the least cost possible.
Cheers
Glacier Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Glacier anticipates the following sales volumes for the coming period:
Daytripper: 2,000 backpacks
Excursion: 1.200 backpacks
If total budgeted revenue for the period is $250,000 and the sales price for Daytripper backpacks is $50, what is the budgeted sales price for Excursion backpacks?
a. $ 78.
b. $125.
c. $5130.
d. $158.
e. none of the above.
Answers
Answer:
the budgeted sales price for Excursion backpacks is b. $125.
Explanation:
Total Budgeted Revenue = Daytripper Budgeted Revenue + Excursion Budgeted Revenue
Therefore,
Let the budgeted sales price for Excursion backpacks be $y
$250,000 = 2,000 × $50 + 1.200 × $y
$150,000 = $1,200 y
$125 = y
Therefore, the budgeted sales price for Excursion backpacks is $125.
Many people who do not smoke cigars are bothered by the odor of cigar smoke. If private contracting is impossible, will too many or too few cigars be produced and consumed? Taking all costs into account, is the market price of cigars too high or too low?
Answers
If private contracting is impossible, too many cigars would be produced and consumed. The market price of cigars is too low.
What is negative externality?
Negative externality is when the production or consumption activities of economic agents negatively affects third parties not involved in production or consumption.
For example, smoking a cigar affects others that are not smoking that are around the person that is smoking. Negative externality occurs because the cost of production or consumption is too low.
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Kate was turned down for a job because of a bad credit report. The creditor is required to give her the name of the credit bureau that supplied the report, according to
the:
Fair Credit Reporting Act.
Fair Credit Billing Act.
Truth in Lending Law.
Equal Credit Opportunity Act
Answers
The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.
The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.
[The following information applies to the questions displayed below.]
On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.
2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.
(Interest Expense does not equal 12800)
Answers
To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.
1. Bond Issue on January 1, 2024:
Date Account Debit Credit
--------------------------------------------------------
January 1, 2024 Cash $293,938
Bonds Payable $320,000
To record the issuance of $320,000 face value bonds at a discounted price of $293,938.
2. Semiannual Interest Payment on June 30, 2024:
Date Account Debit Credit
--------------------------------------------------------
June 30, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.
3. Semiannual Interest Payment on December 31, 2024:
Date Account Debit Credit
--------------------------------------------------------
December 31, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.
Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.
PLEASE HURRY
If you are paid according to a rate of $15 per hour, what is your type of payment?
a. Commission
b Salary
C Wage
d. Pension
Please select the best answer from the choices provided
A
оооо
С
Answers
Answer:
C Wage
Explanation:
Wage is compensation paid per hour worked. The term wage is most applicable to piecemeal jobs. Wage is usually paid per hour, per day, per week, or a piece of work completed.
Wage differs from salary in that salary is a fixed amount of compensation paid after the lapse of an agreed time, mostly monthly. Wage is not a fixed amount but depends on the hours worked or the amount of work done.
Answer:
C
Explanation:
i took test 80% -w- lol
report simulation about a bike company life cycles analysis
Answers
The Environmental Management System ISO 14000's Life Cycle Assessment (LCA) tool was chosen as a method to assess how much energy is consumed and how that affects the environment over the course of a motorcycle's life cycle.
What is meant by a Life Cycle ?When the biological context is obvious, a biological life cycle (or plain life cycle or lifecycle) is a series of form changes that an organism goes through before returning to the initial condition.
The idea is similar to those of the life history, development, and ontogeny, but it varies from them in that it emphasizes renewal. Growth, reproduction, or reproduction can all result in changes in shape.
In some organisms, the species' various "generations" succeed one another as they progress through their life cycles.
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QUESTION 4: PRICING Based on your knowledge of Pricing Strategies, recommend a pricing mix that has the best pricing mix ice Mix 1: • Price MX 2 se Sale Price: $19,500 id-tier Sale Price: $24,55 lly-Loaded Sale Price: 4,999 Price Mix 2: Base Sale Price: $20,000 Mid-tier Sale Price: $25,000 Fully-Loaded Sale Price: $30,000 Price Mix 3: Base Sale Price: $22,000 Mid-tier Sale Price: $24,00 Fully-Loaded Sale Price: $28,999
Answers
Price Mix 2 is recommended as the best pricing mix strategy. It includes three price tiers: a base sale price of $20,000, a mid-tier sale price of $25,000, and a fully-loaded sale price of $30,000.
The best pricing mix
This pricing mix caters to different customer segments by offering varying levels of features and benefits at different price points. It allows customers to choose a product based on their budget and desired features, increasing the likelihood of conversion and customer satisfaction.
The balanced pricing structure provides options for both price-sensitive customers and those willing to pay more for additional features. Overall, Price Mix 2 maximizes revenue potential by attracting a wider customer base and potentially facilitating upselling opportunities.
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Fowler, Inc., just paid a dividend of $2.70 per share on its stock. The dividends arexpected to grow at a constant rate of 4.5 percent per year, indefi nitely. Assuminvestors require a return of 9 percent on this stock.
a.
What is the current price?
b.
What will the price be in six years and in thirteen years?
Answers
The dividend discount model can be used to determine the current price: P is calculated as D/(r-g), where D stands for dividend, r for needed return, and g for anticipated growth rate. Hence, P = 2.70/(0.09-0.045) = $54.
What does 4% dividend yield mean?For instance, let's say a shareholder pays $100 a share for $10,000 worth of a stock that pays a 4% dividend return. This shareholder holds 100 shares, each of which pays a dividend of $4 (100 x $4 = $400 in total).
How is the projected dividend per share determined?The dividend paid in the most recent quarter, which is also used to determine the dividend yield, is sometimes used to determine a company's DPS. The following formula can be used to determine DPS: DPS = (total dividends paid.
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Write the quadratic equation in standard form that corresponds to the graph shown below.
Answers
The quadratic equation of the graph in standard form is y = x² + 2x - 8
What is a quadratic equation in standard form?A quadratic equation in standard form is given by y = ax² + bx + c
Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at
(-4, 0) and(2, 0)The x - intercepts are the roots of the quadratic equation.
So, we have that
x = -4 andx = 2So,
x + 4 = 0 andx - 2 = 0So, the factors of the quadratic equation are
x + 4 andx - 2So, multiplying the factors, we have that the equation is
y = (x + 4)(x - 2)
= x² - 2x + 4x + 4 × (-2)
= x² - 2x + 4x - 8
= x² + 2x - 8
So, the quadratic equation is y = x² + 2x - 8
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Assume that the adult population of the United States is 191.6 million, total employment is 117.6 million, and 9.4 million are unemployed. Then the unemployment rate, as normally computed, is approximately ______ percent.
a. 7.9
b. 7.4
c. 9.4
d. 4.9
Answers
An increase in income is always possible with out increasing expenses.
O True
False
Answers
Almost ___________________ percent of U.S. banks are FDIC members.
a
50
b
99
c
90
d
75
Answers
Explanation: as of 2019, 4519 banks in the USA are and there are roughly 5000 banks in USA so that is roughly 90%
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Marketing is an important part of a firm's overall strategy. Therefore, it is important that
Answers
The benefit of marketing for a business can be regarded as the act of engaging consumers and influencing their choice to purchase your goods or services.
What is the importance of marketing?Some of the primary importance of marketing are enlisted below :
1.Engaging Customers Through Marketing: It's critical for your company to involve its customers. Marketing is one strategy for keeping the dialogue going. Engaging customers is distinct from pushing your offers. You may engage your consumers by providing them with relevant information about your products and business.
2. The growth and longevity of your company are positively associated with its reputation. Marketing Aids in Developing and Maintaining the Company's Reputation. So it's true to say that your reputation determines your brand equity. The bulk of marketing campaigns attempt to strengthen the company's reputation.
3. Marketing Aids in Relationship Building with Customers: Businesses must develop a rapport with their clients based on trust and mutual respect. Marketing research segments should be developed based on consumer behaviour, psychographics, and demographics.
4. Clients are Informed Through Marketing: Through marketing, you may let your customers know about the goods and services you have to offer. Through marketing, consumers learn about the value of the products, how to use them, and other information that may be helpful to them. It strengthens brand recognition and sets the business apart.
5. Marketing works to increase sales by using a variety of strategies to advertise your goods and services. After being advertised, a product is already available on the market, increasing your chances of selling it. Before determining whether to purchase your products or services, customers might want to try them out.
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Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety
Answers
Answer:physiological
Explanation:
According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.
What is Maslow's hierarchy of needs?According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.
The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.
They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.
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Joel plans on using a variety of different pen colors while drawing on his slides. What should he do to simplify this process? Select the drawing and change the color in the Format pane. Change the pek's color as needed. Select the Add Pen command and create new pens. Right click the drawing to change the color.
Answers
Select Format Background from the Design tab. Choose Solid Fill and a color from the collection. If you want the same background color on all slides, go to the Design tab and pick Format Background > Apply to All. Try right-clicking My Computer on the desktop and going to Properties>Advanced System Settings.
Click the Settings radio button under "Performance" under the "Advanced" tab and either select a custom scheme or click the button for Adjust for best appearance or Adjust for best performance and click "Apply." On a dark background, use white or light beige; on a light background, use black color. As a result, your slides will appear more professional.
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What is market environment
Answers
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]
Answers
UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.
What about the case study?This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.
In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.
To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.
Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.
As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.
The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.
Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.
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estion 1 Describe four demerits of incomplete records. (4 marks) (b) Becky, a sole trader, does not keep proper books of accounts. From your investigati discovered that she kept a small notebook into which she recorded all cash receipts payments for the year ended 31 March 2022. Receipts Cash in hand Sales Trade receivables Capital introduced Receipts and Payments Account GHe Payments 0 Shop premises Shop fittings Inventory Trade receivables Trade payables Rent prepaid Electricity bill outstanding 11,500 Rent 62,000 Communication expenses 32,500 Electricity 15,000 Purchases Trade payables 121,000 Insurance Drawings Sundry expenses Shop fittings Cash in hand Her assets and liabilities at the beginning and at the end of the year were a- 31/03/2022 31/03/ GH¢ 205,000 33,500 65,500 13,000 5,500 1,800 300 GH 225. 26 60 Discount received and discount allowed were GH¢800 and GH¢1,C Cost of goods returned by trade debtors were GH¢1,500. Cost of goods returned to trade creditors amounted to GH¢1,200. Capital introduced during the year amounted to GH¢15,000. re required to prepare: Statements of affairs as at 31 March 2021 and 31 March 2022 [8 ma A statement of profit or loss for the year ended 31 March 2022. [8 n [Total
Answers
Answer:
(a) Demerits of incomplete records:
1. Incomplete records make it difficult to track the financial performance of a business accurately, which can lead to poor decision-making.
2. It becomes challenging to prepare financial statements such as the income statement, balance sheet, and cash flow statement, making it difficult to assess the financial health of the business.
3. Incomplete records can lead to errors and inaccuracies in tax filings, which can result in penalties or legal issues.
4. It becomes difficult to identify fraudulent activities such as embezzlement, theft, or financial mismanagement, leading to financial losses.
(b) Based on the information provided, the following statements and calculations can be prepared:
Statement of Affairs as at 31 March 2021:
Assets:
Cash in hand: GH¢ 300
Trade receivables: GH¢ 5,500
Inventory: GH¢ 13,000
Shop fittings: GH¢ 33,500
Total assets: GH¢ 52,300
Liabilities:
Trade payables: GH¢ 1,21,000
Rent prepaid: GH¢ 11,500
Electricity bill outstanding: GH¢ 0
Total liabilities: GH¢ 1,32,500
Capital: GH¢ 2,05,000
Statement of Affairs as at 31 March 2022:
Assets:
Cash in hand: GH¢ 1,800
Trade receivables: GH¢ 65,500
Inventory: GH¢ 33,500
Shop fittings: GH¢ 33,500
Total assets: GH¢ 1,34,300
Liabilities:
Trade payables: GH¢ 0
Rent prepaid: GH¢ 0
Electricity bill outstanding: GH¢ 15,000
Total liabilities: GH¢ 15,000
Capital: GH¢ 2,25,300
Statement of Profit or Loss for the year ended 31 March 2022:
Cash receipts: GH¢ 2,05,000
Capital introduced: GH¢ 15,000
Total income: GH¢ 2,20,000
Expenses:
Purchases: GH¢ 1,21,000
Rent: GH¢ 62,000
Communication expenses: GH¢ 32,500
Electricity: GH¢ 15,000
Sundry expenses: GH¢ 1,800
Drawings: GH¢ 60
Cost of goods returned to trade creditors: GH¢ 1,200
Total expenses: GH¢ 2,32,760
Net loss: GH¢ 12,760
Hope this helps!
Price discrimination: Multiple Choice tends to decrease the profits of the competitive firm. is more successful if one consumer can resell the product to another. can benefit consumers with a lower willingness to pay as compared to other consumers in the market. can be a successful strategy for any firm in a competitive market.
Answers
Answer:
can benefit consumers with a lower willingness to pay as compared to other consumers in the market.
Explanation:
Price discrimination occurs when a supplier sells a product to different customers at different prices.
The criteria for discrimination can be as a result of income, social class, demographics and so on.
Price discrimination is not a good strategy in a competitive market as consumers will move to other suppliers when the price is not conducive.
However a consumer who is less willing to buy the product can benefit from this because the supplier is open to lowering the price depending on certain criteria
Both friends agree that the demand and supply for hybrid cars will increase. For each of the following situations, determine whether the demand curve or the supply curve increases by dragging the item to the appropriate category.
Answers
Answer:
see below
From online search the situations as a below:
a. The government gives consumers a subsidy to buy hybrid cars.
b. More automobile producers start producing hybrids.
c. The price of non-hybrid cars falls.
d. The price of batteries for hybrid cars rises.
e. Gasoline prices rise.
Explanation:
A) A subsidy would result in consumers paying less than they would ordinarily pay. A government subsidy is equivalent to a reduction in price for consumers. A decline in prices increases demand. The demand curve increase.
b). should more producers start manufacturing hybrid vehicles, it will increase the number of vehicles available for customers to buy. More producers result in more output, which is an increase in supply. The supply curve increases.
c). Non-hybrid cars are substitutes goods for hybrid vehicles. If the price of non-hybrid cars falls, their demand will increases. Consequently, the demand for hybrid cars reduces. Both The demand curve and supply curve will not increase.
d). An increase in battery price will increase the overall cost of producing hybrid cars. An increase in production cost results in a price rise. Consequently, it reduces the demand for hybrid cars.
Both the demand and curve curves will not increase.
e). Hybrid cars consume less gasoline compared to non-hybrid cars. An increase in gasoline price will make non-hybrid cars less desirable but will increase the demand for hybrid cars. The demand curve for hybrid cars increases.
TB MC Qu. 13-81 (Algo) A customer has requested that ABC Corporation... A customer has requested that ABC Corporation fill a special order for 2,800 units of product S47 for $32 a unit. While the product would be modified slightly for the special order, product S47's normal unit product cost is $17.70: Direct materials $ 5.20 Direct labor 3.00 Variable manufacturing overhead 2.30 Fixed manufacturing overhead 7.20 Unit product cost $ 17.70 Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product S47 that would increase the variable costs by $1.30 per unit and that would require an investment of $16,000.00 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be:
Answers
Answer:
Financial advantage $40,560
Explanation:
A special order request is financially worthy if the sales revenue from the special order is over and above the relevant cost of producing it.
The relevant variable cost will be determined as follows
Unit variable cost =5.20+ 3 +2.30+ 1.30= 11.8
Special machine= 16,000
$
Sales from special order (2,800× $32) = 89,600
Variable cost ( 2800 × $11.8)= (30,000 ) (33,040)
Investment in special machine (16,000)
Financial advantage 40,560
Note that the fixed manufacturing overheads were not included in the analysis, simply because they are not relevant. In other words, whether or not the special order is accepted these fixed costs would be concurred either way.
Financial advantage $40,560