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2 years ago

QUESTION 8 of 10: You are counting your competitors in town. This number is a(n):

Business

1 answer:

Sindrei [870]2 years ago

5 0

Answer:B; Integer

Explanation:Integer is like a whole number(1,2,3,4, etc) it cannot be decimals. Since there can’t be 2.5 people, the answer is B- Integers

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Nolan owns 100% of the capital stock of both Twill Corp. and Webb Corp. Twill purchases merchandise inventory from Webb at 140%

Archy [21]

Answer: $56,000 is unadjusted revenue overstated in the combined income statement for year 2.

Explanation:

Consolidated Cost of Goods Sold = $40,000,

However, Twill realizes $56,000 ($40,000 × 140%) for a total of $96,000 as the cost of goods sold.

Thus, $56,000[$96,000 – $40,000] should be eliminated from Cost of Goods Sold in the combined income statement for year 2.

7 0

2 years ago

Assuming that the listing broker and the selling broker in a transaction split their commission equally, what was the sales pric

Contact [7]

Answer:

b. $79,800

Explanation:

the commission is split in two equal part

one for the listing broker and one for the selling broker.

if the selling kept 2,593.5

then, the listing also receive 2,593.5

We add them and obtain the total commission: 5,187

This represent the 6.5% of the property

now, we calculate for the total value of the real state:

property x broker commision = broker proceeds

property x 6.5% = 5,187

property = 5,187/6.5% = 5,187/.065 = 79,800

5 0

2 years ago

"Vaughn Corporation is considering the issue of commercial paper and would like to know the yield it should offer on its commerc

Naddik [55]

Answer:

7.6 percent

Explanation:

Vaughn should offer 7.6 percent on its commercial paper.

This is calculated by adding the 0.2 credit risk premium to 0.1 percent liquidity premium + 0.3 percent tax adjustment + 7 percent annualized t bills rate.

= 0.1 + 0.2 + 0.3 + 7

= 7.6

Based on this Vaughn would offer 7.6 percent on its commercial paper.

6 0

2 years ago

Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Deter

Digiron [165]

Date Activities Units Acquired at Cost Units Sold at Retail

May 1 Beginning Inventory 150 units at $10.00

5 Purchase 220 units at $12.00

10 Sales 140 units at $20.00

15 Purchase 100 units at $13.00

24 Sales 90 units at $21.0

Answer:

Value of closing inventory =$1290

Explanation:

Under the LIFO inventory system units of inventory are priced using the price of the most recent batch purchased and this continues in turn.

The value of closing inventory = Total cost of inventory available for sales - cost of goods sold

The cost of inventory sold would be determined as follows:

140 units :140 × $12=1,680

90 units : 90× $13 = 1,170

Total cost of goods = 1,680 + 1,170 = 2,850

Total cost of inventory available for sales would be equal to :

(150 × $10.00) + (220 ×$12.00) = 4,140

The value of closing inventory = Total cost of inventory available for sales - cost of goods sold

4,140 - 2,850 = $1290

Value of closing inventory =$1290

7 0

2 years ago

Lionel's Lawn Care is a company that maintains residential yards. Lionel's cost for his standard package of mowing, edging, and

Rudiy27

Answer:

Option "B" is the correct answer to the following statement.

$15

Explanation:

Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.

Marginal Benefit = New revenue - Old revenue

= ($40) - ($25)

=$15

So,the Marginal Benefit for Lionel's Lawn Care is $15 .

5 0

2 years ago