Answer:
$65
Explanation:
Explanation:
The above question is not complete. But I was able to find the complete question. Here it is:
To obtain a new customer, a business sells merchandise to the customer for $65. Normally, the merchandise sells for $85. For this sale, the business should record revenue of
A. $85
B. $65
C. Neither amount
The correct answer is $65 because revenue is actually the total amount made after a business transaction.
So, the merchandise recorded a revenue of $65.
Options:
A. Subjective statement
B. Misrepresentation of a fact knowing that it is false.
C. Puffery
D. Seller's talk
Answer:B. Misrepresentation of a fact knowing that it is false.
Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.
Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.
Answer:
P = $1664.12 pay with 9% compounded monthly
P = 1652.98 pay with 9% compounded continuously
Explanation:
given data
time period = 20 year
amount = $10000
solution
we get here compound interest for 9% compounded monthly that is express as
FV = .................1
here P is principal amount and r is interest rate and n compound in year and FV is future value
$10000 =
solve it we get
P = $1664.12 pay with 9% compounded monthly
and
for 9% compounded continuously
FV = ............2
$10000 = P\times e^{0.09\times 20}
solve it we get
P = 1652.98 pay with 9% compounded continuously
Answer:
The list of items are as follows:
1. Salaries for assembly line inspectors - direct labor or manufacturing overhead
2. Insurance on factory machines - manufacturing overhead
3. Property taxes on the factory building - manufacturing overhead
4. Factory repairs - manufacturing overhead
5. Upholstery used in manufacturing furniture - direct materials
6. Wages paid to assembly line workers - direct labor
7. Factory machinery depreciation - manufacturing overhead
8. Glue, nails, paint, and other small parts used in production - manufacturing overhead
9. Factory supervisors’ salaries - manufacturing overhead
10. Wood used in manufacturing furniture - Direct materials