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2 years ago

The general willingness of consumers to purchase a product at various prices is __________.

1 answer:

4 0

Demand.

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If Jordan drives an average of 11,234 miles a year, how many miles will she have on her car in seven years?

mestny [16]

78638 Miles

11234×7=78638

5 0

3 years ago

Read 2 more answers

Pedro, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales repr

Sindrei [870]

Answer:

Retailer

Explanation:

From the question we are informed about Pedro, who was an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales representative at Metro Distributors Inc. and places an order for 100 printers. Metro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to Pedro at his office. In this scenario, Metro Distributors Inc. is most likely to be Retailer.

A retailer can be regarded as a company or entity which buys products from a manufacturer or wholesaler then sells directly to end users or customers. A retailer can be regarded as an intermediary or middleman, with them the customers can get products from the manufacturers through them. They do this with aim of making profit.

8 0

3 years ago

Angie’s Bake Shop makes birthday chocolate chip cookies that cost $3 each. Angie expects that 12% of the cookies will crack and

mestny [16]

Answer:

Price per cookie $5.5

Explanation:

The cost per cookies inclusive of wastage

$3× 100/(100-12)

=$3.409

Total cost for 150 units

= 150× 43.409

= $511.36

Total sales value for 150 units

= $511.36 + (60% × 511.36)

= $818.1818

Selling price per unit

=$818.18/150 units

= $5.5

4 0

3 years ago

Which of the following actions can be considered good business etiquette?

Crazy boy [7]

The answer is A, switching your cell phone off before you enter a meeting.

5 0

3 years ago

A The management of Gresa Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is ave

Zepler [3.9K]

Answer:

Gresa Inc.

Comparative Condensed Income Statements for 2017

under FIFO and LIFO.

FIFO LIFO

Sales 1176450 1176450

Cost Of Goods Sold 660,400 657, 200

Gross Profit 516050 539,500

Operating Expense $ 150,000 $ 150,000

Income before Tax $ 366,050 $ 389500

Income Tax (30%) $ 109815 $ 116850

Net Income $ 256235 $272650

Working :

Fifo Cost of Goods Sold= $ 10,000 + $168,000 + $ 150,000+ 156,000 + 176,400= 

Lifo Cost of Goods Sold= $ 224,000 + 156,000+ $ 150,000+127,200

Purchases were made quarterly as follows.

Quarter Units Unit Cost Total Cost

1 70,000 $2.40 $168,000

2 60,000 2.50 150,000

3 60,000 2.60 156,000

4 80,000 2.80 224,000

270,000 $698,000

Inventories Beginning (5,000 units) $10,000

Total net sales (253,000 units) $1,176,450

Ending (22,000 units)

Total cost of goods purchased (270,000 units) 698,000

3 0

3 years ago