Answer:
The Gross profit will be "18315".
Explanation:
Gross sales
= [tex]35200+8000[/tex]
= [tex]43200[/tex]
Less:
Sales return
= [tex]-400[/tex]
Less:
Sales allowance
= [tex]-128[/tex]
The net sales will be
= 42672
So,
⇒ Cost of goods sold = [tex]20797+3800-240[/tex]
= [tex]24357[/tex]
⇒ Gross Profit = [tex]Net \ Sales-Cost \ of \ goods \ sold[/tex]
= [tex]42672-24357[/tex]
= [tex]18315[/tex]
How do supply and demand help determine the price of a product?
A. By pressuring sellers to lower prices on products to the point that
most buyers can afford to buy them
B. By ensuring that products with a high level of demand will not
suffer from the substitution effect
C. By forcing buyers to accept higher prices so that sellers keep a
large supply of most products
D. By creating a balance between buyers who want low prices and
sellers who want high prices
Answer:
D. By creating a balance between buyers who want low prices and
Explanation:
Supply and demand help in determining the price of a product by creating a balance between buyers who want low prices and sellers who want high prices.
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame. Demand is based on preferences and tastes, which can be explained in terms of the price, advantages, profit, and other factors.
According to the law of demand, if a product's price increases while other parameters remain the same, the quantity required of the product decreases. In other words, if the price of the good rises, the total amount of demand falls. The reason for this is that if customers' opportunity costs rise, they may choose to buy something else instead or decide not to buy it at all. Really intriguing ideas are the law of demand and its exceptions.
What is supply?The quantity of goods or services a provider is willing and able to offer to the market for a given price is referred to as supply in the study of economics. Stock availability and the factors influencing the supply have an impact on the willingness and capacity to make products available to the market. A change in prices also affects the equilibrium of the market. More supplies will be available as prices rise, but the converse will occur as prices fall.
The supplier's response to shifting market pricing is explained by the law of supply. In the simplest terms, suppliers typically maximize profits by raising the number of products delivered when there is a change in the price of a specific good or service.
The market's variables must all remain consistent. Instead, when prices decline, they have a tendency to shift supply to the opposing side until equilibrium is reached.
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drawing increase the investment of the owner true or false
What are the possible problems for readers when companies market their goods on social media? How do social media companies make money? Can individuals keep their information private from marketers when they use social media?
Answer:
I want to know to
Explanation:
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $18,600. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,550, outstanding checks of $2,100, a NSF check of $800, bank service charges of $35 and the EFT from a customer in payment of the customer's account of $1,600. What was the cash balance on the Egrane's books (before the adjustments for items on the bank reconciliation)? Multiple Choice $18,050 $17,285 $19,150 $20,415
Answer:
Option B $17,285 is correct the answer.
Explanation:
Computation Table
Particular Amount
Ending balance $18,600
Add: Deposit in transit $1,550
Less: Outstanding $2,100
Add: NSF check $800
Add: Bank charges $35
Less: EFT $1,600
Cash balance $17285
An apparel company has introduced three different varieties of shoes at different price points. a company that produces shampoos have now introduced dishwashing liquids in the market. a shoe company sells its floaters at a price that does not even cover its production cost. a chocolate company introduces its new range of chocolates at a discounted price for limited stock only. loss leadership arrowRight promotional pricing arrowRight product line pricing arrowRight brand extension
Answer:
An apparel company has introduced three different varieties of shoes at different price points. [Product line pricing]
A company that produces shampoos have now introduced dishwashing liquids in the market. [Brand extension]
A shoe company sells its floaters at a price that does not even cover its production cost. [Loss leadership Pricing]
A chocolate company introduces its new range of chocolates at a discounted price for limited stock only. [Promotional pricing]
Explanation
Product Line Pricing: This strategy of separating products into various price categories may or may not have anything to do with their cost. It, however, achieves the effect of making one seem of a higher quality than the other.
Brand Extension:
Brand extensions serve the primary purpose of maintaining brand dominance and or relevance in the mind of the consumers.
Loss Leadership Pricing: This strategy is often used to attract the attention of customers. As customers compare the price of this product with similar/competing products, it can even create a mindset with customers that the business has very cheap products. This ultimately leads to more purchases and ultimately an increase in the bottom line of the business. This strategy is seldom used in isolation. The business almost always makes up for this loss relying on the increased volume of sales or by marking up other products slightly.
Promotional Pricing:
There are consumers who are very price sensitive. This strategy by the nature of its design almost always attracts their patronage. Depending on the creativity of the Marketing Officer, this can be used to increase consumer loyalty.
Cheers
Answer:
ANSWER IN FOTO
Explanation:
If the value of the goods and services a country produces stays the same
while its population increases, which statement must be true?
O A. The country's unemployment rate has decreased.
O B. The country's total GDP has increased.
O C. The country's per capita GDP has decreased.
O D. The country's rate of inflation has increased.
SUBMIT
Answer:
C
Explanation:
If the value of the goods and services a country produces stays the same while its population increases The country's per capita GDP has decreased. Thus the correct option is C.
What is a service?Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Final or finished goods are products that are sold in the market to satisfy buyers. This item can be both a good and a service, with a good being something tangible and a service being something intangible.
The output from production and sales within the nation is used to calculate GDP. When computing GDP, exports are added because they represent money entering the market, and imports are deducted because they represent money leaving the market.
Therefore, option C is appropriate.
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Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
If the price of a bottle of orange juice is $1.50, then consumer surplus is an amount equal to the area A. under the demand curve and above the $1.50 price for each individual who buys and consumes orange juice. B. above the demand curve for each individual who buys and consumes orange juice. C. under the demand curve for each individual who buys and consumes orange juice. D. under the demand curve and above the $0.75 price for each individual who buys and consumes orange juice.
Answer:
A. under the demand curve and above the $1.50 price for each individual who buys and consumes orange juice.
Explanation:
Consumer surplus represents the difference between what consumers are willing to pay for a good and the actual sales price of the good. In this case, all the area below the demand curve and above the sales price is considered consumer surplus.
This is not a school question but
Who here watches Larray on YT
Answer:
Me. I love him.. lol. He's Funny
Answer:
MEEEEEEEEEEEEEEE
Explanation:
A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 38 million, while the forecast was 43 million. A smoothing constant of 0.20 is used. a) Using exponential smoothing and given alpha, the forecast for the month of July = nothing million checks received (round your response to one decimal place). b) If the check-processing center received 44 million checks in the month of July, then using exponential smoothing and given alpha, the forecast for the month of August = nothing million checks received (round your response to one decimal place). c) Exponential smoothing may not be an appropriate method to use for the check-processing center because: A. the check-processing center should observe an increasing trend in its processing requirements. B. the check-processing center should observe seasonality in its processing requirements. C. the
Answer:
Follows are the solution to this question:
Explanation:
In point A:
[tex]\text{Accelerating layering Forecast July= }[/tex][tex](\text{Actual demand of June} \times 0.20) + ( \text{Forecast demand of June} \times (1 - 0.20))[/tex]
[tex]= ( 38 \times 0.2) + ( 43 \times 0.8)\\\\= 7.6+ 34.4\\\\=42[/tex]
In point B:
[tex]\to Forecast \ \ August = (44 \times 0.2) + ( 43.2 \times 0.8)[/tex]
[tex]=8.8+34.56 \\\\=43.36[/tex]
In option C:
Its right choice is to track the seasonality of the processing requirements of the control centre.
This information relates to Sunland Co.. 1. On April 5, purchased merchandise from Blossom Company for $26,400, terms 4/10, n/30. 2. On April 6, paid freight costs of $590 on merchandise purchased from Blossom Company. 3. On April 7, purchased equipment on account for $33,900. 4. On April 8, returned $5,200 of April 5 merchandise to Blossom Company. 5. On April 15, paid the amount due to Blossom Company in full. (a) Prepare the journal entries to record the transactions listed above on Sunland Co.’s books. Sunland Co. uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit 1. choose a transaction date enter an account title enter a debit amount enter a credit amount.
Answer and Explanation:
The journal entries are shown below:
1. Merchandise inventory $26,400
To Account payable $26,400
(Being purchase is recorded)
2. Merchandise inventory $590
To Cash $590
(Being freight paid)
3. Equipment $33,900
To Account payable $33,900
(Being purchase of an equipment is recorded)
4. Account payable $5,200
To Merchandise inventory $5,200
(Being purchase return is recorded)
5. Account payable $21,200 ($26,400 - $5,200)
To Cash $20,352
To Merchandise inventory ($21,200 × 0.04%) $848
(Being the amount paid is recorded)
help help help help help help help help help
Answer:
hope it helped you
Explanation:
A niche is the role a species plays in the ecosystem. In other words, a niche is how an organism “makes a living.” A niche will include the organism's role in the flow of energy through the ecosystem. ... An organism's niche also includes how the organism interacts with other organisms, and its role in recycling nutrients.
Answer:
The answer is D, or "News reporting devoted to a targeted portion of a journalism market sector".
Explanation:
Many news companies try finding ways to increase their relevance and revenue sources. This presents a marketable opportunity for publishers to create niche content that individuals cannot find elsewhere.
Which statement best describes the economic relationship between
businesses and resource markets?
A. Businesses provide resource markets with human capital.
B. Resource markets provide the materials businesses need.
C. Resource markets sell the products businesses create.
O D. Businesses produce goods for resource markets to sell.
Answer:
B. Resource markets provide the materials businesses need.
Explanation:
A resource market is where businesses buy materials they require for the production of other goods. They are markets for inputs of production. Resource market contrast finished goods markets where customers buy consumer goods and services.
Resource markets are where businesses obtain the factor of production. Land, labor, and capital are purchased from the resource markets.
E6-15 Allocating Transaction Price to Performance Obligations [LO 6-5] A company separately sells home security equipment and 12 months of system monitoring service for $280 and $560, respectively. The company sells an equipment/monitoring bundle on January 1 for a total price of $990. The monitoring service begins immediately after the equipment is delivered and installed on January 1. Required: Determine the dollars of revenue that should be allocated to the equipment for each bundled sale. Determine the dollars of revenue that should be allocated to the service for each bundled sale. Determine the dollars of Sales Revenue and Service Revenue from the January 1 bundled sale that should be reported in the income statement for the period January 1–31.
Answer:
Particulars Amount
1. Revenue allocated to the equipment $330
for each bundled sales
{$990 * $280 / $280 + $560}
2. Revenue allocated to the service $660
for each bundled sales
{$990 * $560 / $280 + $560}
3. Sales revenue to be reported in income $660
statement
Service revenue to be reported in $55
income statement
($660/12)
Which of these career clusters sound most interesting to you? Check all that apply.
Finance
Government and Public Administration
Health Science
Hospitality and Tourism
Human Services
Information Technology
Answer:
buddy thats ur opinion
Explanation:
same as up
The most interesting career clusters are given below.
FinanceGovernment and Public AdministrationHealth ScienceWhat is a Career Cluster?A career cluster is group of careers that proportion commonplace functions. If you like one job in a cluster, you can like others in that cluster as nicely.
What are the top career clusters?Agriculture, Food & Natural Resources.Architecture & Construction.Arts, Audio/Video Technology & Communications.Business, Management & Administration.Education & Training.Finance.Government & Public Administration.Health Science.Learn more about career clusters here https://brainly.com/question/24613213
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The research and development (R&D) team of DataCom Corp., a software firm, holds a meeting to discuss potential ideas for new products. In the meeting, the moderator encourages everyone to share their ideas, no matter how trivial they may seem. He warns members against criticizing any idea and asks them to focus on offering plenty of ideas. In this scenario, the R&D team of DataCom is engaged in _____.
a. concept testing
b. idea screening
c. brainstorming
d. beta testing
Answer:
c) Brainstorming
Explanation:
The R&D team has invited potential ideas, encouraged by everyone, without criticism.
The company is engaged in Brainstorming. Brainstorming is a group creativity technique, where many ideas from various people are collected, & are pondered upon for arriving at a situation.
what is the importance of opportunity cost to the governmentk
Answer:
Opportunity cost is important to economic agents, such as consumers, producers and governments. For example, producers might have to choose between hiring extra staff and investing in a new machine. The government might have to choose between spending more on the NHS and spending more on education.
What line will you type an email address on if you want a person's email to remain
private ?
A) Subject
B) осс
C) Blind Carbon Copy
D) Signature
Answer:
for a persons email to remain private the line you will use is Blind Carbon Copy (BCC)
Why is this app so good
Answer:
Because It helps me on test cause I'm dumb
Answer:
because it helps us to solve our problems and qll the experts are always there to help us....
lol whoever answers this first gets 20! have a great day!!!
Answer:
hi thank you have a great day
Explanation:
Which of the following is the appropriate rank of sectors (from lowest to highest percentage) of the U.S. Gross Domestic Product (GDP)?
agriculture, services, industry
agriculture, industry, services
industry, agriculture, services
services, industry, agriculture
Answer:
B). Agriculture, Industry, Services.
Explanation:
The United States is a highly developed country owning a mixed economy. Its GDP and net wealth makes it the largest economy of the world. The economy of the United States in divided into three major sectors i.e. Agriculture or the primary sector, the Industrial sector, and the service sector. The service sector contributes most to the US economy with 68% of its contribution. The primary sector contributes 5.4% to the GDP and the industry with 26.6% of its contribution to the development of U.S. economy. Thus, option B is the correct answer.
You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $ 2 comma 356 and you have made every payment on time. The original term of the mortgage was 30 years, and the mortgage is exactly four years and eight months old. You have just made your monthly payment. The mortgage interest rate is 7.500 % (APR). How much do you owe on the mortgage today? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Answer:
$320,244.92
Explanation:
We must first determine the principal of the loan and we can do that by using the present value of an annuity formula:
PV = monthly payment x annuity factor
monthly payment = $2,356PV annuity factor, 360 periods, 0.625% = 143.01763PV = $2,356 x 143.01763 = $336,950
Once we have calculated the principal, we can prepare an amortization schedule. I used an excel spreadsheet to do it. Four years and 8 months is the same as 56 monthly payments. The principal's balance after the 56th payment is $320,244.92
I'LL give brainlest to whoever can answer this question
Answer:it would be c
Explanation:
Answer:
answer is C
Explanation:
An employer can refuse to hire you if you refuse a drug screening test or background check.
Answer:yes
Explanation:
Answer:
true
Explanation:
who is the author of "A love story and the three purple hearts?'
E6-14 Analyzing and Recording Sales and Gross Profit with Sales Returns [LO 6-4, LO 6-6] Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah’s Cycles on February 1 for $700 (cost of goods sold of $450). On February 9, Sarah’s Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $110). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required: 1. to 3. Prepare the journal entry to record the sales, Goods returned on February 9 and Cash collected on March 2. 4. Calculate the gross profit percentage for the sale to Sarah’s Cycles. g
Answer and Explanation:
The journal entries are shown below:
Accounts Receivable $700
To Sales Revenue $700
(Being the sales revenue is recorded)
Cost of Goods Sold $450
To Inventory $450
(being the cost of goods sold is recorded)
Sales Revenue $175 ($700 × 1 ÷ 4)
To Accounts Receivable $175
(Being return inventory is recorded)
Inventory $110
To Cost of Goods Sold $110
(Being return inventory is recorded)
Cash $525
To Accounts Receivable $525
(being cash received)
Now the gross profit percentage is
Gross Profit Percentage 35.23%
= (Gross Profit ÷ Net Income)
= ($700 - $175 - $450 + 110) ÷ ($700 - $175)
= 35.23%
1) Based on the video, which type of
departmentalization is used by the parent company
of MyGym?
a
Geography
b
Functional
с
Product
d
Process
Customer
e
Answer:
d customer
Explanation:
because people buy memberships to the gym
hope it helps
Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 1,500 Materials costs $ 7,900 Conversion costs $ 3,200 Percent complete with respect to materials 55 % Percent complete with respect to conversion 25 % Units started into production during the month 7,400 Units completed and transferred to the next department during the month 6,600 Materials costs added during the month $ 111,000 Conversion costs added during the month $ 84,100 Ending work in process inventory: Units in ending work in process inventory 2,300 Percent complete with respect to materials 70 % Percent complete with respect to conversion 55 % The total cost of units completed and transferred from the first processing department to the next processing department during the month is closest to
Answer:
$174,781.20
Explanation:
I will do the calculations in 3 stages. You won`t go wrong if you follow these.
Equivalent UnitsTotal Unit CostTotal Cost to be transferred to next departmentCalculation of Equivalent Units of Production with respect to Raw Materials and Conversion Costs
1. Raw Materials
Ending Work In Process Inventory (2,300 × 70 %) = 1,610
Completed and Transferred to Finished Goods (6,600 × 100%) = 6,600
Equivalent Units of Production with respect to Raw Materials = 8,210
2. Conversion Costs
Ending Work In Process Inventory (2,300 × 55 %) = 1,265
Completed and Transferred to Finished Goods (6,600 × 100%) = 6,600
Equivalent Units of Production with respect to Conversion Costs = 7,865
Calculation of Total Unit Cost of Production with respect to Raw Materials and Conversion Costs.
Unit Cost = Total Cost (Beginning + Current) ÷ Total Equivalent Units
1. Materials
Unit Cost = ( $ 7,900 + $ 111,000) ÷ 8,210
= $14.482 (3 decimal places)
2. Conversion Cost
Unit Cost = ( $ 3,200 + $ 84,100) ÷ 7,865
= $12.00 (3 decimal places)
3. Total Unit Cost
Total Unit Cost = Materials + Conversion Costs
= $14.482 + $12.00
= $ 26.482
Calculation of total cost of units completed and transferred from the first processing department to the next processing department
Total Cost = Units Completed and Transferred × Total Unit Cost
= 6,600 × $ 26.482
= $174,781.20
What is product positioning?
Answer:
Product positioning is a form of marketing that presents the benefits of your product to a particular target audience
Answer:
Description Positioning refers to the role that a brand occupies in the minds of the consumers and how it varies from the competitors' goods and from the brand recognition concept.
Explanation:
If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called a bond. Which feature of a bond contract allows the issuer to redeem a bond issue immediately in its entirety at an amount greater than par value prior to maturity? Deferred call provision Call provision Put provision Convertible provision Which term is used to describe a call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue? Sinking fund provision Declining call provision Deferred call provision
Answer:
If the coupon interest rate is 4.375% for the first six months and changes to a rate equal to the 10-year Treasury bond rate plus 1.3% thereafter, the bond is called a FLOATING RATE bond.
Which feature of a bond contract allows the issuer to redeem a bond issue immediately in its entirety at an amount greater than par value prior to maturity?
CALL PROVISION
When issuers call a bond, it means that they redeem an outstanding bond before its maturity date. E.g. a bond matures in 10 years, but the issuer decides to redeem them (buy they back) in 2 years
Which term is used to describe a call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue?
DEFERRED CALL PROVISION
Something that is deferred is something that has been postponed. So a deferred call provision is a call provision that is postponed for a certain amount of time. I.e. if the issuer wants and is able to call the bond, they must wait until a certain amount of years pass.