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Serggg [28]
2 years ago
15

Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr

on, performing all marketing functions without actually taking title to the goods. Fahad's company is a
A. commission merchant.
B. manufacturers' agent.
C. sales branch.
D. selling agent.
E. full-service wholesaler
Business
1 answer:
Whitepunk [10]2 years ago
5 0

Answer:

D) selling agent.

Explanation:

Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.

There are several types of sales agents and distributors, it all depends on certain details about how they work:

  • a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
  • a sales branch is a company owned by Celextron.
  • a full service wholesaler obtains title of the goods.

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Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three ac
lakkis [162]

Answer:

$277.32

Explanation:

The computation of the company charged for break even is shown below:

Particulars                                Ruiz Wedding                Rate                         Amount

Number of reception guests     73                                $0.96           $0.96

Number of tiers on the cake     6                                  $28.92         $173.52

Number of orders                      1                                   $78.19           $78.19

Number of decoration               1                                   $24.65          $24.65

Total                                                                                                       $277.32

We simply multiplied the ruiz wedding with the rate so that the final amount could come

3 0
2 years ago
A product line is a group of products that are physically similar or are intended for a similar market. Which of the following i
lakkis [162]

Answer:

c. Coca-Cola produces Coca-Cola, Diet Coke, Sprite and Fanta.

Explanation:

5 0
1 year ago
Best Foods, Inc. has an unlevered cost of capital of 10 percent. The company generates EBIT of $4,250 per year and has a tax rat
avanturin [10]

Answer:

The value of the levered firm $31,125

Explanation:

Value of Firm is the value of present value of expected future earning. It is calculated by dividing the earning after tax by the cost of capital while considering that the business will operate for the foreseeable future time.

EBIT                      $4,250.00

Less

Interest                 <u>$0.00        </u>

EBT                       $4,250.00

Tax 35% x 4250  <u>$1,487.50</u>

EAT                       <u>$2,762.50</u>

Cost of Capial       10%

Value of firm = EAT / Cost of Capital = $2,762.5 / 10% = $27,625

Debt after tax = $10,000 x ( 1 - 0.35 ) = $6,500

Value of Equity = Value of firm - Debt after tax = $27,625 - $6,500 = $21,125

Value of debt = $10,000

Value of levered Firm = $21,125 + $10,000 = $31,125

3 0
2 years ago
Which statement best explains student loans that cover the costs of an education?
aleksandrvk [35]
The statement which best explains student loans that cover the costs of an education is : b)They require repayment with interest. In order to get financial aid for your education you have to sign a contract with a loan company. Most of loan companies provide students with loans with interest, but there is a possibility to find an interest free loan if yuo are a student of a federal government. The interest you have to pay is established in your contract. And if you borrow with a no-interest loan, you will just pay back the same amount that you took from the company.
7 0
1 year ago
Read 2 more answers
This year Jack intends to file a married-joint return. Jack received $178,800 of salary, and paid $7,050 of interest on loans us
Leya [2.2K]

Answer:

Jack's adjusted gross income = $138,550

Jack's adjusted gross income after adding up the profit from partnership = $1,49,050

Explanation:

Calculation of deduction of loan interest  

= $178,800 -$7,400 - $31,200

= $140,200

= ($140,200-$130,000)/$30,000)

= 34% or 0.34

= 66%   X $2,500

= $1,650 is the deduction of loan interest

Adjusted Gross Income after student loan interest deduction = $140,200 – $1,650 = $138,550

Add income from partnership  

= $9,700 + $178,800

= $188,500 – $7,400 – $31,200

= $149,900

= ($149,900-$130,000)/$30,000

= 66% or 0.66

= 34% X $2500

= $850 is the deduction of loan interest

Adjusted Gross Income after student loan interest deduction = $149,900 – $850 = $1,49,050

5 0
2 years ago
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