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denis-greek [22]
2 years ago
11

The following transactions were completed by the company. The company completed consulting work for a client and immediately col

lected $5,600 cash earned. The company completed commission work for a client and sent a bill for $4,100 to be received within 30 days. The company paid an assistant $1,450 cash as wages for the period. The company collected $2,050 cash as a partial payment for the amount owed by the client in transaction b. The company paid $720 cash for this period's cleaning services.

Business
1 answer:
Burka [1]2 years ago
7 0

Answer:

See explanation Section

Explanation:

See the image to get the appropriate answer.

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If Starbucks raises its price by 5 percent and McDonald’s experiences a 0.5 percent increase in demand for its coffee, what is t
Gnesinka [82]

Answer:

<em>Cross-price elasticity of demand = 0.1</em>

Explanation:

We have the formula to calculate the cross-price elasticity of demand as below:

<em>Cross-price elasticity of demand = % change in quantity demanded for product X/ % change in price of product Y</em>

<em />

Starbucks raises its price by 5 percent, so that <em>percentage changes in price of Starbucks' products</em> are 5

McDonald's experiences a 0.5 percent increase in demand for its coffee, so that <em>percentage changes in quantity demanded for McDonald's coffee </em>is 0.5

=> <em>Cross-price elasticity of demand = % changes in quantity demanded for McDonald's coffee/ %changes in price of Starbucks' products</em>

<em>= 0.5/5=  0.1</em>

6 0
1 year ago
An American marketing research company wanted to use a survey to determine if it was feasible to build shopping centers in sever
Alekssandra [29.7K]

Answer:

decentering

Explanation:

From the question we are informed about An American marketing research company who wanted to use a survey to determine if it was feasible to build shopping centers in several countries. Since all of the countries spoke a different language, the company used two translators for each country—one to translate it into the native language, and one to translate it back into English. The original document was revised repeatedly until the translated version matched it in meaning. This describes the process of decentering.

Decentering can be regarded as a central change strategy which involves Mindfulness-Based Cognitive Therapy, it entails a process of stepping outside of mental events of individuals which could leads to non-judging stance as well as objective towards the self

6 0
1 year ago
Mission Foods produces two flavors of tacos, chicken, and fish, with the following characteristics:
postnew [5]

Answer:

1. $858,000

2. Chicken = 24,000 units and Fish = 36,000 units

Explanation:

The computation is shown below:

1. The anticipated level of profits for the expected sales volumes is

= Expected sales of chicken × (Selling price per taco - Variable cost per taco) +  Expected sales of fish × (Selling price per taco - Variable cost per taco) - total fixed cost

= 200,000 × ($3 - $1.50) + 300,000 × ($4.50 - $2.25) - $117,000

= $300,000 + $675,000 - $117,000

= $858,000

2. The break even volume is

Let we assume the sale units be X

So, total units sold for chicken = 40X

And, for the fish it is = 60X

Sale units of chicken × (Selling price per taco - Variable cost per taco) + Sale units of chicken × (Selling price per taco - Variable cost per taco) = Total Fixed cost

0.40X × (3 – 1.50) + 0.60X × (4.50 – 2.25) = $117,000

0.60X + 1.35X = $117,000

1.95X = $117,000

So, the X is 60,000 units

So for chicken it is 60,000 × 40% = 24,000 units

And for fish it is 60,000 × 60% = 36,000 units

7 0
2 years ago
Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free vers
STatiana [176]

Answer:

<em>A differentiated market</em>

Explanation:

<em>Whenever a business produces initiatives that cater to at least two product categories or targeted groups, a differentiated marketing strategy is applied</em>.

For instance, a retailer may encourage a purchase in at least two towns or locations that caters to people, or even a business can market a brand which appeals to women in at least two age categories.

7 0
2 years ago
Annie is self-employed and has $58,000 in income from her business. She also has investments that generated dividends of $3,000
8090 [49]
First, you need to know the self-employment taxes:
The self-employment tax is 92.35%
Social security tax is 12.4% and Medicare tax is 2.9% = (15.3%)

Dividends and interest are not a part of the income.

58000 * 92.35% *15.3% 
Turn the percentages into decimal form in order to multiply. You can do this by moving the decimals over twice or dividing each percentage by 100. 

58000*.9235 * .153 = $8,195.

Annie's self-employment tax for the year is $8,195. 
7 0
1 year ago
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