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2 years ago

[The following information applies to the questions displayed below.]

Business

1 answer:

ale4655 [162]2 years ago

6 0

Answer:

D. $370,000

Explanation:

INDIRECT OIL CO TRIAL BALANCE AS A JANUARY 3, 2018

DEBIT SIDE

Land $100,000

Equipment $80,000

(Cash 40,000+Receivable collected $25,000- Liability paid$20,000) $45,000

(Account Receivable $50,000 - Amount collected $25,000) $25,000

Buildings $120,000

TOTAL $370,000

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Urgency, specific application, and size of order are examples of ________ segmentation variables for business markets.a. Situati

taurus [48]

Answer:

Letter a is correct. Situational factors.

Explanation:

Situational factors are defined as the set of temporary environmental factors that will influence consumer behavior in the purchasing process.

These may include:

the physical environment: physical characteristics that influence purchase such as the organization and size of space.
the social environment: influence of consumption by other people.
the task: convenience of purchase for some reason.
the time: time the person has to make a purchase.
antecedent psychological states: spirit and psychological states that influence people to buy.

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2 years ago

True or False: Research shows that most effective communication-training programs employ a range of experiential activities (e.g

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I think it’s true but I’m sorry If I’m wrong

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2 years ago

The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable cos

Effectus [21]

Answer:

In order to maximize average daily profit, optimal number of reservations = 100 rooms.

Explanation:

As for the provided information, we have

Total number of rooms = 100

Chances of guests not arriving = 5%

Therefore, guests to arrive = 95%

Thus, bookings = 100/95% = 105.26

Rounding off we have 105 rooms,

Let us assume, all rooms are booked and no cancellation is done, in that case,

Total revenue = $150 $\times$ 100 = $15,000

Less: Overbooked charges = $200 $\times$ 5 = ($1,000)

Less: Variable Cost = $30 $\times$ 100 = ($3,000)

Thus total revenue will be $11,000

In case of booking of 100 rooms the net revenue in case of 5% cancellations, shall be:

Rooms booked = 100 - 5% = 95

Revenue = 95 $\times$ $150 = $14,250

Less: Variable Costs = 95 $\times$ $30 = ($2,850)

Thus total revenue = $11,400

Since profit in case of booking 100 rooms is more in any case, even in case of least cancellation the revenue will increase.

Thus, this is the optimal number of reservations = 100

6 0

2 years ago

Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were exist325,000 and its yea

Alborosie

Answer:

By how much are customers paying early or late?

B) 22.38

Explanation:

Days sales outstanding (DSO) represents the average number of many days it takes a business to collect its accounts receivables.

DSO = (accounts receivables / total credit sales) x 365 days

DSO = ($60,000 / $325,000) x 365 days = 67.38 days

customers are paying late by 67.38 days - 45 days = 22.38 days

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2 years ago

On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,970; Accounts Receivable,

irinina [24]

Answer:

$40,732

Explanation:

The computation of the amount of stockholders' equity is shown below:-

Amount of stockholders' equity = Cash + Accounts Receivable + Supplies Land - Accounts Payable

= $10,970 + $8,795 + $1,803 + $24,968 - $5,804

= $46,536 - $5,804

= $40,732

Therefore we have applied the above formula to reach out the amount of stockholders' equity.

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1 year ago