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olga2289 [7]
1 year ago
5

Guarantees are most effective in two situations. the first is when the company or products are not well known. the second is whe

n the product's quality is ________ competition.
Business
1 answer:
mario62 [17]1 year ago
6 0

Guarantees are most effective in two situations. the first is when the company or products are not well known. the second is when the product's quality is superior to competition.

Guarantee is a legal term is a comprehensive and of higher value than a warranty or security. It's a document designed to protect consumers. It is a promise by a seller to a buyer that the he will take product responsibility & will replace and/or repair defective parts of the purchased item over the period of time contained in the contract. It is a legal understanding and is typically offered for free of charge. With a guarantee the consumer can get his product repaired or refunded for the parts that are replaceable and defective.

To learn more about guarantee click here:

brainly.com/question/15069327

#SPJ4

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Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during
poizon [28]

Answer:

Overhead= $3,212

Explanation:

Giving the following information:

Sigma Corporation applies overhead costs to jobs based on direct labor cost.

Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $4,400 for direct labor.

Job V:

$6,300 for direct materials.

$8,500 for direct labor.

$6,205 for overhead on its job cost sheet.

First, we need to calculate the overhead rate.

Overhead rate= 6205/8500= $0.73 per direct labor dollar

Job W:

Direct labor= 4,400

Overhead= 4,400*0.73= $3,212

3 0
3 years ago
A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,
Alexus [3.1K]

Answer:

a. $72,000

b. $0.36

c. $6,480

Explanation:

a. Depreciation cost = Cost of truck - Residual value

= $80,000 - $8,000

= $72,000

b. The depreciation rate = (Cost of truck - Residual value) ÷ Estimated total production

= ($80,000 - $8,000) ÷ 200,000 miles

= $72,000 ÷ 200,000 miles

= $0.36

c. The units-of-activity depreciation for the year per mile = Driven miles × Depreciation rate

= 18,000 × $0.36

= $6,480

6 0
3 years ago
Why do people donate to charitable organizations? Choose three answers.
inysia [295]
Usually to support a cause for a good reason hope this helps!
4 0
2 years ago
Read 2 more answers
Park Company reports interest expense of $340,000 and income before interest expense and income taxes of $6,120,000.(1) Compute
algol13

Answer: 1. 18 times

2. Park is in better position

Explanation:

1. Times interest earned is a financial ratio that measures interest coverage. It's essentially to check if a company can pay it's debt payments and is calculated by either EBIT or EBITDA divided by the total interest expense. The higher the better and anything above 2.5 times is usually considered.

Calculating would therefore be,

= $6,120,000 /$340,000

= 18 times.

2. As mentioned in the first answer, for the Times interest earned, the higher it is, the more favourable it is. So Park Company will be considered safer and are most definitely in a better or worse position than its competitor to make interest payments if the economy turns bad. The fact that theirs is 18 means that they can pay off their interest expense 5 times more than their competitor who can only repay 12 times.

If you need any clarification do comment.

7 0
3 years ago
A US company producing cell phones in Brazil would be counted in the measurement of the United States
stira [4]
GNP. So B is correct.

4 0
3 years ago
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