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3 years ago

A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by

Business

1 answer:

lilavasa [31]3 years ago

3 0

Answer:

Customer

Explanation:

In customer departmentalization, departments are basically separated from each other based on the types or groups of customers that needs to be handled or dealt with. For instance, customers can be classified under types such as, bulk purchasing or wholesale customers, retail customers, etc.

To handle them in a better way each group of customers needs different tactics and strategies. Therefore, customer deparmentalization serves the purpose of the firm that is organized on the basis of retail customers and wholesame customers.

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Shocker Associates sold office equipment for cash of $162,000. The accumulated depreciation at date of sale amounted to $123,000

siniylev [52]

Answer:

Original Cost of asset = $269,000

Explanation:

Provided information,

We have been provided that selling value of equipment = $162,000

Gain recognized on sale = $16,000

Gain = Selling price - Book Value

$16,000 = $162,000 - Book Value

Book Value = $162,000 - $16,000 = $146,000

Accumulated Depreciation = $123,000

Book Value = Original Cost - Accumulated Depreciation

$146,000 = Original cost - $123,000

$146,000 + $123,000 = Original Cost = $269,000

8 0

2 years ago

What is the act of working in exchange for an income.?

Neporo4naja [7]

Employment is the act of working in exchange for an income.

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

3 0

3 years ago

What is capitol gain?

Triss [41]

Explanation:

It is the amount of profit gained by the organization by selling the stock, bond or other real estates.

If the value of selling price is higher than the cost price then it means that the capital gain is achieved.

The gain amount is calculated by subtracting the higher selling price with the lowest cost price

Example of capital assets are: mutual fund, stock, house, land, etc

If you achieve a capital gain, then you need to pay tax for it.

5 0

3 years ago

In the base year in a small island macroeconomy, nominal GDP was $400m. In a later year when the general level of all prices was

Cerrena [4.2K]

Answer:

Both options C and D are correct.

Explanation:

Inflation refers to an increase in the general price level of goods and services overtime. Since it is conveyed in the question that the general price level in a later year became twice as high, inflation definitely occurred. Hence, option D is correct.

Nominal GDP is the value of the total output at current market prices. Real GDP adjusts that value for inflation. As prices double, nominal GDP ought to increase from $400m to $800m. However, it actually rose to $1000m. This additional increase of $200m shows that the real GDP has risen. However, the increase in real GDP is less than 100%. This implies option C is also correct.

8 0

2 years ago

Bogart Company is considering two alternatives. Alternative A will have revenues of $147,400 and costs of $103,400. Alternative

GuDViN [60]

Answer:

B is better than A

Explanation:

Here, we want to compare “A” to “B”. It means if B’s amount is higher than A’s amount, it should be positive; If B’s amount is lower than A’s amount, it should be negative.

Net income for each alternative = Revenues – Costs

Since the net income is positive, B is better than A.

Please check attachment for for actual tabular calculations

7 0

3 years ago