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atroni [7]
2 years ago
15

Halibut Company purchased merchandise on account from a supplier for $18,600, terms 2/10, n/30. Halibut Company returned $5,000

of the merchandise and received full credit. a. If Halibut Company pays the invoice within the discount period, what is the amount of cash required for the payment
Business
1 answer:
kirill115 [55]2 years ago
3 0

Answer:

A.$13,328

B. Merchandise Inventory

Explanation:

Calculation for Halibut Company the amount of cash required for the payment

Calculation for Purchase:

= [$18,600 - ($18,600 × 2%)]

=$18,600-$372

=$18,228

Calculation for the return:

[($5,000 – ($5,000 × 2%)]

$5,000-$100

=$4,900

Hence:

Purchase - Return

=$18,228 -$4,900

=$13,328

Therefore the amount of cash required for the payment will be $13,328

b. The account to be credited by Halibut Company to record the return will be Merchandise Inventory.

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Rhys Hoskins is the president of RH Corporation (RHC). RHC has provided the following partial listing of costs incurred during A
zimovet [89]

Answer:

$306,000

Explanation:

To determine manufacturing costs, consider only those cost that can be directly traced to the product manufactured and plant related costs.

<u>Total Manufacturing Cost Calculation :</u>

Factory Utilities                         $11,400

Indirect Materials                    $39,500

Direct Materials                     $166,400

Equipment Depreciation        $47,000

Direct labor                              $91,700

Total Manufacturing Cost    $306,000

5 0
2 years ago
While viewing businesses in terms of customer needs can suggest additional growth opportunities, a ________ definition tends to
Vladimir [108]

Answer:

B) target market

Explanation:

Target market -

It is the group of customers , who are specifically targeted by the company to sell the goods and services , is known as target market .

The company usually directs its attention towards these people , while producing the goods and services .

The target market depends on the income , lifestyle and location of the consumer .

Hence , from the question , the correct term for the given information is target market .

6 0
2 years ago
A ________ is a partnership in which two or more companies (often from different countries) join together and share the risk and
GenaCL600 [577]

Answer:

The correct answer is letter "B": joint venture.

Explanation:

Two or more companies in a traditional joint venture plan to commit capital and resources to a specific project. Developers, manufacturers, and service providers typically agree to form a joint venture. If successful, those parties divide the income based on the value of their respective joint venture contributions.

4 0
2 years ago
Mr. Crane is the manager of a video production company. To maximize efficiency, he assigns associates to departments (e.g. film
frez [133]

Answer:

Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.

Explanation:

Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.

Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:

  • Operational time (Are Associates working long hours?)
  • Pay and compensation (Are they paid less than market rates?)
  • Training and learning opportunities
  • Traditional and sport actions to keep staffs involved
  • Inspiration from leaders

Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.

8 0
2 years ago
Linke Motors has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market du
elena-14-01-66 [18.8K]

Answer:

c. 11.05%

Explanation:

The computation of firm's required return is shown below:-

First we need to find out the Market Risk Premium for computing the firm's required return.

Using CAPM, we calculate Market Risk Premium

Expected Future Market Rate of Return = Risk Free Rate on T-Bond + Beta of the Market × Market Risk Premium

10% = 6.5% + 1 × Market Risk Premium

Market Risk Premium = (10% - 6.5%) ÷ 1

= 3.5%

Required Rate of Return = Risk Free Rate + Beta of the Stock × Market Risk Premium

= 6.5% + (1 + 3.00%) × 3.5%

= 6.5% + 1.30 × 3.5%

= 11.05%

8 0
2 years ago
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