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2 years ago

Given the following information, determine if one of the brands is a better buy.

2 answers:

8 0

Your answer is:
B. Brand A is the better buy.
Why?
This is because if you divide 33.18 by 14 you get 2.37. If you do the same with Brand B, you get 2.40

adelina 88 [10]2 years ago

4 0

It is B. Brand A is the better buy.

I got it in the test

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You would like to start a cellular telephone equipment service business. You are considering organizing the business as a sole p

stira [4]

Answer:

A sole proprietorship is a form of business owned and managed by one person.

Explanation:

Advantages:

1. It involves small capital to set up the business.

2. There is a close relationship between owner and customers which improves personalised product/service delivery.

3. There is privacy in conducting business affairs.

4. All profits accrue belongs to the business owner.

Disadvantages:

1. The sole proprietor bears the risks alone.

2. There is limitation in expansion

3. Unlimited liability in cases of business failure, his assets maybe sold to pay of debts.

The advantages of owing a sole proprietorship are:

1. Ability to manage the business.

2. The low startup cost.

3 0

2 years ago

Read 2 more answers

Suppose Zenon Co. issued a long-term bond and received $250,000 cash from the issuance during 2015. The company also issued 12,0

Vesna [10]

Answer:

Option (c) is correct.

Explanation:

The net impact in Cash flow statement (Cash flow financial activities will be:

= Amount received from issuing bonds + Amount received from issuing common stock + Paid for dividend

= $250,000 + $260,000 + $165,000

= $345,000

Note:

Long-term bond & issue of common stock are Cash inflow from financial operations.

Dividend paid is regarded as Cash outflow from financial operations.

5 0

2 years ago

One major benefit of using the Bank Feeds feature in QuickBooks Online is that as you _________________ or __________________ tr

Alex73 [517]

Answer:

1. Exclude

2. Add

3. Reconciled

Explanation:

QuickBooks Online supports Bank feeds features, which in turn allows a user to perform ADDITION or EXCLUSION of transactions online, which results in such transaction are marked RECONCILED.

Hence, one of the major benefits of using the Bank Feeds feature in QuickBooks Online is that as you EXCLUDE or ADD transactions in QuickBooks Online from the downloaded transactions from the bank, they are marked RECONCILED. This makes the end-of-period bank reconciliation more efficient.

8 0

2 years ago

Leelanau Corporation uses a job-order costing system. The following data are for last year: Work in process beginning balance $

ratelena [41]

Answer:

The correct answer is $138,500.

Explanation:

According to the scenario, the given data are as follows:

WIP beginning = $10,500

WIP ending = $19,000

Cost of goods manufactured = $323,000

Direct material = $115,000

Direct labor = $78,000

So, we can calculate the amount of overhead by using following formula:

Overheads = Total manufacturing costs - Direct materials - Direct labor

Where, Total manufacturing cost = Cost of goods manufactured + Ending WIP - Beginning WIP

= $323,000 + $19,000 - $10,500

= $331,500

So, by putting the value in the formula:

Overheads = $331,500 - $115,000 - $78,000

= $138,500

Hence, the amount of overhead is $138,500.

3 0

2 years ago

Buyer Maria and seller Doug are closing on June 1. Maria’s mortgage loan is $927.86, and $871.86 will go to interest in the firs

ikadub [295]

Answer:

$842.74

Explanation:

Data provided in the question:

Loan amount = $927.86

Interest for the first month = $871.86

Now,

Daily interest rate for 30 days = $\frac{\textup{Interest for a month}}{\textup{Total number of days in a month}}$

= $\frac{\$871.86}{30}$

= $29.06

Now,

Doug owns the closing day,

Therefore,

Maria will pre-pay interest for 29 days i.e June 2 - 30,

= Daily interest × Number of days

= $29.06 × 29

= $842.74

4 0

2 years ago