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3241004551 [841]
3 years ago
12

Sara bought new lighting from a company and also hired the company to install new lighting for his business. The cost was going

to be $5,000. The cost of goods was $3,000 and the labor costs were $2,000. This contract needs to be in writing. True False
Business
1 answer:
lapo4ka [179]3 years ago
4 0

Answer:

True

Explanation:

Contracts should be in writing because this guarantees that all the terms of the agreement are documented and the responsabilities of each party are stated. Also, contracts that involve the sale of goods with a value higher than $500 have to be in writing to be enforceable. So, according to this and considering that the total cost of the lighting is $5,000, it is true that the contract needs to be in writing.

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Lease or Sell Casper Company owns a equipment with a cost of $366,000 and accumulated depreciation of $53,200 that can be sold f
aalyn [17]

Answer:

The Company should Lease the equipment (Alternative 1)

Explanation:

Preparation of a differential analysis on March 23 as to whether Casper Company should lease or sell the equipment.

DIFFERENTIAL ANALYSIS

Lease Equipment (Alternative 1); Sell Equipment (Alternative 2) Differential Effect on Income (Alternative 2)

Revenues $285,200 $273,400 –$11,800

Costs –$15,100 –$8,202 $6,898

($273,400*3%=$8,202)

Income (Loss) $270,100 $265,198 $4,902

Therefore Based on the above Differential Analysis the Company should LEASE the equipment (Alternative 1).

6 0
2 years ago
<11{6[1(07)71]}> The higher the price of an antique, the greater people’s expectation that the object is rare. That, in tu
ollegr [7]

Answer:

a. should be discouraged because it lessens a quality that makes that antique desirable

Explanation:

In pricing theory, the price for a good or service should increase as its scarcity increases. Now selling the antique at a bargain price will reduce the price of it and thereby making it less scarce and rare.

8 0
3 years ago
The executive leadership team of a large corporation is analyzing a report. The report's contents have information that can be u
gregori [183]

Answer:

The answer is D.

Explanation:

Competitor intelligence essentially means understanding and learning what's happening in the world outside your business so you can be as competitive as possible. It means learning as much as possible about your industry in general, your competitors, or even your county's particular zoning rules so as to get a better understanding of what the consumers want.

4 0
3 years ago
How can expectations about the future change consumer behavior?
Scrat [10]
The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.
7 0
3 years ago
Read 2 more answers
"All of the following are reasons that implementing a new ERP may fail except
Andrews [41]

Answer:

D

Explanation:

ERP , an acronym for Enterprise resource Planning is a system adopted by organization to integrate different parts of the business either in real time or through software.

It has so many advantages towards business growth as well as limitations.

Of the listed options in the question ,the only exception to its limitation is that it may require procedures and reports to be standardized across business units, This is more of benefit than limitation.

4 0
3 years ago
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