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egoroff_w [7]
4 years ago
12

Gracie wants to buy a new couch, but there is only one place in her town that sells them, and she lives in an isolated area. Gra

cie most likely feels her consumer right to ____ has been violated.
Business
1 answer:
Yuki888 [10]4 years ago
3 0

Answer:

D) choose

Explanation:

President Kennedy introduced 6 basic consumer rights:

  1. The right to be safe - consumers should not suffer injuries caused by the products they purchase.
  2. The right to choose freely - consumers have the right to choose freely among different options.  
  3. The right to be heard - consumers have to right to voice their complaints and concerns about the products they purchase.  
  4. The right to be informed- businesses must provide product information to their consumers.
  5. The right to education- consumers have the right to request information about the products they purchase.  
  6. The right to service – consumers have the right to better services.

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Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $
aliya0001 [1]

Answer:

a. What is Forbes Division's residual income if Oscar does not acquire the new machine?

residual income = $3,550,000 - ($6,160,000 x 12%) = $2,810,800

b. What is Forbes Division's residual income this year if Oscar acquires the new machine?

residual income = $70,000 - ($9,190,000 x 12%) = -$1,032,800

c. If Oscar acquires the new machine and operates it according to specifications, what residual income is expected for next year?

residual income = $5,167,000 - ($5,833,000 x 12%) = $4,467,040

In order to calculate net income, I assumed other depreciation remained the same for both years.

Explanation:

residual income = net income - (capital x cost of capital)

if new machine is not purchased:

net income = $3,550,000

cost of capital = 12%

capital = ($4,060,000 + $5,080,000) - depreciation $2,980,000 = $6,160,000

if new machine is purchased, current year's residual income

net income = $3,550,000 - $3,480,000 loss on disposal = $70,000

capital = ($4,060,000 + $5,080,000 + $6,510,000) - $5,080,000 - $1,380,000 = $9,190,000

if new machine is purchased, calculations for next year

net income:

sales revenue $17,754,000

variable costs ($2,010,000)

Fixed (all cash) ($7,220,000)

depreciation new machine ($1,977,000)

depreciation other ($1,380,000)

loss on disposal new machine ($3,480,000)

net income = $5,167,000

cost of capital = 12%

capital = ($2,680,000 + $6,510,000) - depreciation ($1,380,000 + $1,977,000) = $5,833,000

residual income = $5,167,000 - ($5,833,000 x 12%) = $4,467,040

3 0
4 years ago
Dependable Motors just purchased some MACRS five-year property at a cost of $216,000. The MACRS rates are .2, .32, and .192 for
arlik [135]

Answer:

A

Explanation:

In this question, we are asked to select the option that correctly gives the book value of the equipment at the end of the second year.

Firstly, we identify the cost of property, which is the cost at which the MARCS were bought. This is $216,000

The rates of the MARCS for the first, second and third years are given by 0.2, 0.32 and 0.192 respectively.

We proceed to calculate the depreciation for the first and second years.

For the first year, depreciation = Rate * Cost of Property = 0.2 * 216,000 = $43,200

For the second year, depreciation = Cost of property * rate = 216,000 * 0.32 = $69,120

We now add the depreciations for the two years:

Total depreciation for years 1 and 2 is : $69,120 + $43,200 = $112,320

At the end of year 2, the book value of the property will be $216,000 - $112,320 = $103,680

Option A corresponds to this value

Check:

216,000(1-0.2-0.32) = 216000(0.48) = $103,680

7 0
3 years ago
People want information communicated quickly and clearly. To make your writing more concise and understandable, avoid flabby exp
mash [69]

Answer:

The best revision for the following sentence is:

B) We have identified a problem with our expense sheet, but we will solve it.

Explanation:

In e-mail, letters, messages, memos, and other business documents intended for a busy audience who appreciates getting the information they need quickly and easily, replacing a phrases with a word  in a formal tone, detracting from adding meaning: "we have identified" instead of: "I am sending" or "we need to inform you", keeping the sentence just as it is with certain rhythm and concise.

Otherwise in option 1. I am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.

The sentence has a redundant pair:  "send" and "inform", it is “wordy,” and includes irrelevant “fillers” as "unexpected" that makes it lack of conciseness in the substantive information, not getting to the point promptly. I also includes passive voice which is not a grammatical error, but it often leads to using more words than necessary frustrating or confusing the audience; and it has prepositional phrases overuse: "that", within", "but" making this sentence clunky and unclear.

In option A) We need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.

The sentence has unnecessary modifiers: "unexpected" and "end", and passive voice again.

In option C) I am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.

The sentence has unnecessary modifier: "positively".

6 0
3 years ago
Halibut Company purchased merchandise on account from a supplier for $18,600, terms 2/10, n/30. Halibut Company returned $5,000
kirill115 [55]

Answer:

A.$13,328

B. Merchandise Inventory

Explanation:

Calculation for Halibut Company the amount of cash required for the payment

Calculation for Purchase:

= [$18,600 - ($18,600 × 2%)]

=$18,600-$372

=$18,228

Calculation for the return:

[($5,000 – ($5,000 × 2%)]

$5,000-$100

=$4,900

Hence:

Purchase - Return

=$18,228 -$4,900

=$13,328

Therefore the amount of cash required for the payment will be $13,328

b. The account to be credited by Halibut Company to record the return will be Merchandise Inventory.

3 0
3 years ago
Average Common Stockholders' Equity, Return on Stockholders' Equity Rebert Inc. showed the following balances for last year: Jan
lisabon 2012 [21]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

7 0
3 years ago
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