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Arturiano [62]
3 years ago
7

Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi

ng in a rebate form, he later received a check in the mail for $125. What was the total amount that Clarence ended up paying after receiving the rebate?
Business
1 answer:
Doss [256]3 years ago
4 0

Answer:

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase.  By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera  was $725- $125= $600

=$600

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_______Treasury Stock is reported on the balance sheet
Debora [2.8K]

Answer:

c. as a deduction from Stockholders’ Equity

Explanation:

The treatment of the treasury stock in the balance sheet is that it is deducted from the stockholder equity as it shows the buy back position of the common stock

The other things i.e retained earnings, additional paid in capital is to be added as it increased the balance of the stockholder equity

Therefore in the given case, the option C is correct

5 0
3 years ago
Venus Corp. is a company that sells collectible plates. If you order one plate from the company, you will receive multiple maili
KatRina [158]

Direct marketing element is used in this case.

<u>Explanation:</u>

Direct marketing in one of promotional methods of marketing that not only involves the description of product and company but also targets the customers. Through this method, the products are sold directly to public and there is no involvement of any middleman. An offer is communicated to a pre-slected customer and is told about the product information and its features.

Thus, in the given case, the promotional method that is being used in direct marketing method.

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3 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs:
VladimirAG [237]

Answer:

The correct answer is option (D).

Explanation:

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

Variable cost = Direct material + Direct labor + Variable manufacturing overhead + Variable selling cost per unit

Variable cost of product A =    $17.30 + $19.30 + $6.10 + $3.05 = $45.75

Variable cost of product B =   $21.20 + $22.70 + $7.30 + $3.75 = $54.95

Variable cost of product C =   $14.20 + $17.10 + $9.80 + $4.50 = $45.60

Variable cost of product D =   $16.90 + $11.10 + $6.80 + $5.20 = $40

Contribution per unit (CPU) = selling price per unit – variable cost  

Product A CPU = $87.20 - $45.75 = $41.45

Product B CPU = $79.60 - $54.95 = $24.65

Product C CPU = $76.40 - $45.60 = $30.8

Product D CPU = $71.10 - $40 = $31.10

Contribution per grinding minutes (CPGM)  = CPU ÷ contribution per grinding minutes

CPGM of Product A = $41.45 ÷ 2.30 = $18.02

CPGM of Product B = $24.65 ÷ 1.35 = $18.26

CPGM of Product C = $30.8 ÷ 0.90 = $34.22

CPGM of Product D = $31.10 ÷ 1.20 = $25.92

According to the analysis, Product C makes the most profitable use of grinding machine. Because it’s give the highest contribution per grinding minutes.

7 0
3 years ago
True or False, The Occupational Outlook Handbook is a reference book designed to help determine personality types?
Galina-37 [17]
It is FALSE.

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6 0
3 years ago
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_______________ is intentionally or unintentionally using someone else's work without giving credit to the original author or cr
nasty-shy [4]

Answer:

b. Plagiarism

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Plagiarism is considered an offense in the academic and scholarly world.

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