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astra-53 [7]
4 years ago
15

Interests are the specific items or terms you actually negotiate and are generally the first thing that we think of when we anti

cipate negotiating. Group of answer choices True False
Business
1 answer:
fomenos4 years ago
4 0

Interests are the specific items or terms you actually negotiate and are generally the first thing that we think of when we anticipate negotiating - False

<h3><u>Explanation:</u></h3>

Interest refers to the things that we actually like to get. When we list an item in our interest list we will get that item without any negotiation. Items that are in our interest list are those that we use regularly and there will be no second item for its displacement. We will get these items even when the cost of the item is more.

When the things that are not in the list of our interest we will start negotiation. This is because these items are not mandatory for us and even when the price of the particular item is not reduced we will ignore and buy something instead of it. Thus, the specific items of our interest will not the first thing we anticipate for negotiation process.

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The King Corporation has total annual revenue of $800,000; expenses other than depreciation of $350,000; depreciation expense of
tatiyna

Answer:

Results are below.

Explanation:

<u>First, we will determine the net income for tax purposes:</u>

Sales= 800,000

Expenses other than depreciation= (350,000)

Gross profit= 450,000

Depreciation= (200,000)

EBT= 250,000

Tax= (250,000*0.34)= (85,000)

Depreciation= 200,000

Net income= 365,000

<u>Now, for reporting purposes:</u>

Gross profit= 450,000

Depreciation= (130,000)

EBT= 320,000

Tax= (320,000*0.34)= (108,800)

Depreciation= 130,000

Net income= 341,200

8 0
3 years ago
You are the regional sales manager for Standard Publishing Co. The company is preparing adjusting entries for the year ended Mar
solniwko [45]

Answer:

Standard Publishing Co.

The amount of subscription revenue that should be reported on the income statement for the year ended March 31, 2021 is:

= $35,000.

Explanation:

a) Data and Calculations:

September 1, 2020 Cash receipt for magazine subscriptions for three years = $180,000

This subscriptions is equal to 36 months subscription.

The amount of subscription revenue to report for the year ended March 31, 2021 = $35,000 ($180,000 * 7/36).

From the above calculation, a month's subscription revenue = $5,000 ($180,000/36)

Therefore, seven months' subscription from September 1, 2020 to March 31, 2020 = $35,000 ($5,000 * 7).

The unearned subscription revenue is debited with $35,000, while earned subscription revenue is credited with the same amount.

8 0
3 years ago
While Aros Inc. incurs a cost of $20 for a pair of shoes, Shoes Cult Inc., its competitor, manufactures a pair of shoes at $22.
Marat540 [252]

Answer:

D. Shoes Cult has a competitive advantage over Aros.

Explanation:

Competitive advantage is defined as the advantage an entity has when they are able to produce a good at cost that is lower than the cost incurred by other parties in the same industry. This results in higher profit margins for businesses that have low production cost.

In this scenario Aros produces shoes for $20 while Shoes Cult produces the same shoes for $22. They both have the same price ceiling of $30.

Aros has competitive advantage over Shoes Cult because they produce at a lower cost and make more profit than Shoes Cult.

Assume they both sell at the maximum price. Profit for Aros= 30- 20=$10

Profit for Shoes Cult= 30-22= $8

6 0
3 years ago
Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price cei
vekshin1

Answer:

The correct answer is 'C'

Explanation:

The quantity demanded of physicals increases, and the quantity supplied of physicals decreases.

7 0
3 years ago
Read 2 more answers
WILL MARK BRAINLY
vfiekz [6]

Answer:

The answer is C. wholesaler.

Explanation:

According to Edmentum, "Wholesalers purchase goods from various producers and stock them. Then, they sell stocks of goods to different retailers according to their requirement."

6 0
3 years ago
Read 2 more answers
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