The part of the combined price allocated to the product is less than 50% which might be around 35-40%.
<u>Explanation:</u>
Since the price of the product all alone is $450 and the price of the service alone is $550, so the combined amount totals up to be nothing less than $1000. But the company under the discount and offer, offers the both things combined for $800.
This shows that the company is under some loss which it has to incur. The loss is of $200 under the discount to be offered to the clients which serves as the incentive to the customers.
here you go
Explanation:
A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership
The term spillover refers to a market exchange that affects a third party who is outside or external to the exchange
Answer:
$759,000
Explanation:
Preparation of a schedule showing the amount at which the ovens should be recorded in Great Harvest’s Equipment account.
Purchase price 690,000
Add Freight costs 30,000
Add Electrical connection 4,000
Add Labor costs 32,800
Add Bread dough used in testing the oven 800
Add Safety Guards 1,400
Total cost of equipment $759,000
Therefore the amount at which the ovens should be recorded in Great Harvest’s Equipment account will be $759,000
The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers. Without the information from your accountants, you can't make good financial decisions for your business.
