Ask question

Ask question

All categories

2 years ago

5

A customer calls the support center of a company to get advice on which digital camera is best for her needs. The customer suppo

rt employee listens to her needs and provides recommendations appropriate for her.

1 answer:

SIZIF [17.4K]2 years ago

6 0

Answer:be fair and honest with customers

Explanation:

You might be interested in

Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and

Savatey [412]

Answer:

a) Net income lost from discontinuation $235,000

b) Canoe should not be discontinued because a sum worth $235,000 generated by canoe would be lost if it is discontinued.

Explanation:

If canoe is discontinued the net income lost will be calculated as follows:

$

Sales revenue 2,600,000

Variable cost <u> (1,870,000)</u>

Contribution 730,000

Direct fixed cost <u>(495,000)</u>

Net income lost <u>235,000 </u>

a) Net income lost from discontinuation $235,000

b) Canoe should not be discontinued because a sum worth $235,000 generated by canoe would be lost if it is discontinued.

Note that the indirect fixed cost is not associated with the production of canoe , therefore whether or not canoe is produced it will still be incurred either way.

The direct fixed costs are associated with production of canoe hence, they are subtracted.

8 0

2 years ago

Gar Co. factored its receivables without recourse with Ross Bank. Gar received cash as a result of this transaction, which is be

Thepotemich [5.8K]

Answer:

Answer for the following statement is "C"

Explanation:

Sale of Gar's receivable accounts to Ross, with the possibility of noncollectable accounts being passed to Ross.

Non-recourse factoring helps a corporation to offer its invoices to a component without any duty to accept unpaid invoices.

If consumers refuse to pay their bills or pay their invoices late, all damages are borne by the element, making the company unregulated.

7 0

2 years ago

You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s

otez555 [7]

Answer:

The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.

Explanation:

When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .

The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.

The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.

7 0

2 years ago

Mart's Boutique has sales of $820,000 and costs of $540,000. Interest expense is $36,000 and depreciation is $59,000. The tax ra

Rufina [12.5K]

Answer:

$146,150.00

Explanation:

Net income is net of taxes.

Here,

Sales = $820,000.00

Less: Costs = -$540,000.00

Gross profit = $280,000.00

Less: Finance Costs

Interest = -$36,000.00

Depreciation = -$59,000.00

Net profit before Tax = $185,000.00

Less: Tax @ 21% of $185,000.00 = - $38,850.00

Net Income (after tax) = $146,150

Net income is always computed after tax.

$146,150.00

3 0

2 years ago

During a period of rising prices, using fifo (first-in, first-out) inventory valuation method will result in ________ net income

dlinn [17]

The correct option is "higher".

<span>During a period of rising prices, FIFO provides the higher net income figures and during the period of falling prices, LIFO provides the higher net income figures.
FIFO stands for first in, first out.
LIFO stands for last in, first out.</span>

7 0

2 years ago