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2 years ago

What cultural shift lead to the rise in popularity of Whole Foods?

Business

1 answer:

WITCHER [35]2 years ago

8 0

Answer:

The spike in the number of people who wanted to eat healthier.

Explanation:

Whole Foods is aimed at selling the most high-quality organic products. Organic is allegedly healthier than regular food (since they are required not to use chemicals to treat them), and this helped Whole Foods when the "eat healthier" fad came around in the US and other countries.

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Blossom Enterprises reported cost of goods sold for 2020 of $1,517,400 and retained earnings of $5,576,300 at December 31, 2020.

Inga [223]

Answer:

$1,448,350 ; $5,539,760

Explanation:

The corrected amount is as follows

For cost of goods sold

= Reported cost of goods sold - overstated value of ending inventory in year 2019 + overstated value of ending inventory in year 2020

= $1,517,400 - $105,590 + $36,540

= $1,448,350

For retained earnings

= Reported retained earning - overstated value of ending inventory in year 2020

= $5,576,300 - $36,540

= $5,539,760

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2 years ago

If the marginal cost of producing the tenth unit of output is $3, and if the average total cost of producing the tenth unit of o

Dahasolnce [82]

Answer:

True

Explanation:

Since marginal cost is above the average total cost so average total cost is rising.

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2 years ago

Least-Squares Regression [LO5-11] [The following information applies to the questions displayed below.] Bargain Rental Car offer

ycow [4]

Answer:

I used an excel spreadsheet to calculate this:

the least squares regression line:

y = a + bx

y = $2,752 + 3.87x

where y = total cash wash costs and x = rental returns

fixed costs = $2,752 per month

variable cost = $3.87 per car washed

Download pdf

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2 years ago

"Ayres Services acquired an asset for $80 million in 2021." The asset is depreciated for financial reporting purposes over four

Greeley [361]

Answer:

a. The cumulative temporary book-tax difference for the depreciable asset are as follows:

December 31, 2021 = $60 million

December 31, 2022 = $40 million

December 31, 2023 = $20 million

December 31, 2024 = $0

b. The balance to be reported in the deferred tax liability account are as follows.

December 31, 2021 = $15 million

December 31, 2022 = $10 million

December 31, 2023 = $5 million

December 31, 2024 = $0

Explanation:

Note: See the attached excel file for the calculation of cumulative temporary book-tax difference for the depreciable asset and the balance to be reported in the deferred tax liability account for December 31 of years 2021, 2022, 2023 and 2024 in bold red color.

In the attached excel file, the following formula are used:

Cumulative Temporary differences at December 31 of the current year = Cumulative Temporary differences at December 31 of the previous year + (Depreciation on the tax return at December 31 of the current year - Depreciation on the income statement at December 31 of the current year)

Balance to be reported in deferred tax liability account at December 31 of the current year = Cumulative Temporary differences at December 31 of the current year * Tax rate

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3 0

2 years ago

Oil Wells offers 5.65 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in

FinnZ [79.3K]

Answer:

option (d) $929.42

Explanation:

Data provided in the question:

Coupon bonds payments = 5.65% semiannual

Yield to maturity, r = 6.94% = 0.0694

Face value = $1000

Now,

Coupon bond payments = $\frac{5.65\%}{2}$ × $1,000

= $28.25

market price per bond = Payment × $\frac{(1-\frac{1}{(1+\frac{r}{2})^{2n}})}{\frac{r}{2}}$ + $\frac{\textup{face value}}{(1+\frac{r}{2})^{2n}}$

Here,

n is the maturity period and 2n is due to the semiannual payments

Thus,

market price per bond = $28.25 × $\frac{(1-\frac{1}{(1+\frac{0.0694}{2})^{2\times7}})}{\frac{0.0694}{2}}$ + $\frac{\textup{1,000}}{(1+\frac{0.0694}{2})^{2\times7}}$

= $28.25 × 10.942 + 620.3

= $929.42

Hence,

The answer is option (d) $929.42

7 0

2 years ago

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What cultural shift lead to the rise in popularity of Whole Foods?​

What cultural shift lead to the rise in popularity of Whole Foods?