Answer:
the discount is for 60 dollars
therefore Simmons will pay 2,940 dollar for the inventory
Explanation:
From the invoice nominal we should remove the returned goods.
nominal 5,000
returns 2,000
balance: 3,000
commercial terms: 2/10 the discount is 2% if paid within 10 days
3,000 x 2% = 60 dollars
net cash disbursements: 3,000 - 60 = 2,940 dollars
Answer:
<u>d) objective research</u>
<u>Explanation:</u>
We need to note that mention was made that the research was "<em>Carefully controlled." </em>Been carefully controlled shows that the research has an objective.
Furthermore, measuring the reactions of consumers at different salt levels makes the research factual and thus a decision could be made from the findings.
Answer:
Blue Company
Consolidation of Parent & Subsidiary Companies :
1. c. $86,000
2. b. $47,000
3. d. $39,000
Explanation:
In preparing a consolidated income statement, Blue Company with controlling interest of 60% will eliminate intercompany transactions, sales, purchases, inventory, and profits. This is because such transactions are assumed to be within the same consolidated entity.
Only such transactions involving outsiders are taken into consideration for the purpose of determining profits and arriving at the financial position of the consolidated group.
Answer: Moderately slow introduction, followed by modest growth, gradually leveling off
Explanation:
The product life cycle is the time a product takes from the introduction stage to the decline stage when it's off the market.
Based on the above scenario, the product life cycle of this product will be moderately slow introduction, followed by modest growth, gradually leveling.
This is because since it's a new product, there will be a slow introduction as people will just be getting used to the product, then as customers begin to buy the product and it's brand becomes known, there'll be a modest growth before it levels off.
The business risk which is avoidable if there is proper
precaution is letter A. Machine Breakdown. Comparing to other choices, if a
machine is used with absolute care and it is well-maintained, then possible frequent
breakdowns will be avoided. Unlike the obsolescence of fixed machinery; this means
that some fixed assets are becoming outdated and can wear-out in due time which
becomes a risk that is unavoidable. Natural calamities, on the other hand are
inevitable because humans can predict some natural disasters, but cannot
control the extent of damage caused by certain calamities to the business. Last
but not the least, is the change in management. Despite the fact that each and
everyone in the company is doing their job very well, still, those higher in
authority may choose to retire or transfer to another company.
