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Rasek [7]
1 year ago
8

Neighbors have gotten into a quarrel over a big black walnut tree that sits on mr. jones' property. the tree's limbs extend over

to mr. simpson's property, and the fruit from the tree falls everywhere, leaving a big mess. mr. simpson wants the limbs removed from his property. does he have a legal reason to want this done?
Business
1 answer:
irakobra [83]1 year ago
7 0
Mr. Simpson has the rights to remove the limb from his property because although the tree is residing in Mr. Jones' property, it does not mean that Mr. Simpson has no rights when the limbs of the tree has occupied his lot. He has the right to do so because the limbs are in his lot, which means he could also has the right to do what he wants with it. If the limbs of the tree was not on his property, then it is only right that he does not meddle with the tree or remove it.
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On January 1, JKR Shop had $225,000 of inventory at cost. In the first quarter of the year, it purchased $795,000 of merchandise
Gala2k [10]

Answer:

The estimated cost of inventory at the end of the first quarter is $327,250.

Explanation:

Gross profit : The gross profit represents the difference between sale price and purchase price.

The gross profit margin shows the ratio between gross profit and sales.

The calculation of cost of ending inventory is shown below:

First we have to calculate the cost of good sold.

Cost of goods sold = Beginning Merchandise inventory + Purchase of merchandise inventory  - Returned Merchandise inventory + Freight charges

=  $225,000 + $795,000 - $11,550 +  $18,800

= $1,027,250

Now, we have to calculate the approximate cost of goods sold.

Since gross profit is 30% and net sales is $1,000,000

And, The Gross profit  = Sales - cost of goods sold

So the Approximate cost of good sold = Net sales × (1 - 30%)

                                                                = $1,000,000 × 70%

                                                                = $700,000

Here 70% is the cost of goods sold percentage and 1 here denotes sales.

After considering these amounts, the ending inventory would be

= Cost of goods sold - Approximate cost of goods sold

= $1,027,250 - $700,000

= $327,250

Hence, the estimated cost of inventory at the end of the first quarter is $327,250.

5 0
1 year ago
An international firm considering foreign expansion should take into account that: a) the timing and scale of entry of foreign e
Alchen [17]

Answer: c) if the firm's core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology.

Explanation:

When firms expand into international markets, it is a standard practice to partner with a local company that already has expertise in the market to enable an easier transition.

This creates a problem however because in partnering with the company, the competitive advantage that the company holds could be at risk. This is even more so if the competitive advantage is based on proprietary technology and by entering into a partnership and giving another company access to that technology, there is a risk that control could be lost.

7 0
1 year ago
Emily earns $786 per month plus a 3 1/4 % commission on sales. What were her total earnings last month when she has sales of $14
Brilliant_brown [7]

add the money together and then divide it by the fraction or percent

8 0
1 year ago
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Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing syste
agasfer [191]

Answer:

Option (B) is correct.

Explanation:

100% complete for conversion cost the units that are complete.

Units that produced during the period:

= Units sold + Units of finished Ending - Beginning units of Finished

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And work in process at ending is 24,000 units but for conversion costs is 75% only.

For conversion Equivalent units:

= 75% of Ending Work in process + Units that produced during the period

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4 0
1 year ago
Write a paragraph that explains the correlation between money supply and economic growth.
frutty [35]
The correct answer for this question is this one:
The correlation between money supply and economic growth is directly related because the as the number of money of supply increases, the significance to that with the economic growth is that there is progress. Hope this helps


3 0
1 year ago
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