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Blizzard [7]
3 years ago
10

Tom's Textiles shipped the wrong material to a customer, who refused to accept the order. This is an example of a:-Sales revenue

.-Sales discount.-Sales return.-Sales allowance.
Business
1 answer:
Angelina_Jolie [31]3 years ago
3 0

Answer:

Sales return

Explanation:

Sales return when a customer is not satisfied with a product, refuses to accept the order and expects to receive back the whole amount of money he paid for it.

Tom's Textiles are at wrong here as they shipped the wrong material to a customer. The customer is allowed not to accept the order and all the money he paid must be reimbursed to him. The company should apologize for the mistake in a pleasant manner, as mistakes happen everyday and can be corrected quickly and efficiently.  

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If ABC corporation paid a dividend of $6 per share last year. The stock currently sells for $80 per share. You estimate that the
saul85 [17]

The cost of equity is 13.95%.

<h3>What is stock?</h3>
  • Stock (sometimes known as capital stock) in the financial industry refers to the shares into which ownership of a corporation or company is divided.
  • A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
  • The shareholder (stockholder) will then typically be entitled to that portion of the company's earnings, proceeds from the sale of company assets (after paying off all senior claims such as secured and unsecured debt), or voting rights, with these rights frequently being distributed in proportion to the amount of money each stockholder has invested.
<h3>What is Share?</h3>
  • A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets.
  • Share capital is the collective term for an organization's shares.
  • A shareholder (or stockholder) of a corporation is someone who owns shares in that company.
  • A share is an undividendable piece of capital that expresses the shareholder's ownership of the company.

Learn more about Share here:

brainly.com/question/13931207

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4 0
1 year ago
Bob lives in San Diego and runs a business that sells boats. In an average year, he receives $793,000 from selling boats. Of thi
sesenic [268]

Answer:

Explanation:

Explicit Costs refers to costs that involve an immediate outlay of cash from the business and it is recorded and reported to the management.

Implicit Cost refer to the cost which the company had foregone while employing the alternative course of action and is neither recorded nor reported to the management of the company.

a. The wages and utility bills that Charles pays

Identification: Explicit Cost

b. The wholesale cost for the guitars that Charles pays the manufacturer

Identification: Explicit Cost

c. The rental income Charles could receive if he chose to rent out his showroom

Identification:  Implicit Cost

d. The salary Charles could earn if he worked as a financial advisor

Identification:  Implicit Cost

6 0
3 years ago
Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a proc
aksik [14]

Answer:

Beginning 22,000

Started 60,000

Total units accounted for by the Department 82000

Units to be assigned costs:

                        Physical Units Materials Conversion

Beginning                 22,000  17,600(80%)  6,600(30%)

Started and completed 36,000  36,000          36,000

transferred                 58,000 58,000      58,000

ending                        24,000   12,000(50%) 2,400(10%)

Total units                82,000 70,000       60,400

(weigthed average)

Equivalent Cost:

               Direct Materials Conversion

Total cost   $433,300.00   $434,880.00

Total equivalent units 70000             60,400

Cost per equivalent unit $6.19           $7.2

Costs charged to production:   \left[\begin{array}{cccc}&Direct Materials&Conversion&Total\\$Beginning&168360&84834&253194\\$Incurred&264940&350046&614986\\$Total accounted for&&&868180\\\end{array}\right]

Cost allocated to completed and partially completed units:

\left[\begin{array}{ccccc}&Direct Materials&Conversion&Total\\$Beginning&136,180&158,400&294,580\\$Started and completed&222,840&259,200&482,040\\$Transferred-out&&&776,620\\$Ending&74,280&17,280&91,560\\$Total costs assigned&&&868,180\\\end{array}\right]

Explanation:

We add beginning and transferred-in to get total physical units

then, we apply the percentagge of completion and calcualte the equivalent units

which is under weigthed average method:

transferred-out units + percentage of completion in ending WIP

then, we calculate the equivalent cost per unit.

Last, we do the cost reconciliaton.

4 0
3 years ago
In economics, the forces of___________________and__________________ determine the ____________________ in the market. Group of a
ASHA 777 [7]

Answer:

Supply and demand and price

Explanation:

In economics, the forces of supply and demand determine the price in the market.

5 0
2 years ago
Read 2 more answers
When doing research, Economists _______ a. Follow the scientific method: observation, theory, and more observation b. Cannot use
Alisiya [41]

Answer:

d. All of the above

Explanation:

Based on the information provided within the question when doing research all of the answers provided are correct. Any field doing research should follow the scientific method, but Economists cannot use the same experiments as other fields because they have to use the data that the world happens to give them and do not have the ability to make control groups and test different variables on the economy like experiments in the field of Physics and Chemistry can.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
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