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Mademuasel [1]
3 years ago
11

A company makes a product and has no way to determine which ones are faulty until an unhappy customer returns it. Three percent

of the products are faulty and will cost the company $200 each in customer service and repairs. If the company does not refund the customer when repairing the item, how much should the company charge to make a profit of $2.00 per item
Business
1 answer:
Tems11 [23]3 years ago
3 0

Answer:

$8.00 per item

Explanation:

A company makes product and its 3% of products are faulty. There is no other quality inspection test which can identify the faulty products during the manufacturing process. The faulty products are only identified when the customer arrives to return it. The faulty product costs the company $200 each and company wants to make profit of $2.00 per item. It should charge price of $8.00

The calculation is as follows,

let selling price is x

x - (0.03 * 200) = 2.00

after rearranging the equation we get;

x = 2 + 6

x = 8

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<span>Date of record is the date the corporation records which stockholders get dividend checks.
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3 years ago
What common flaw has been found in research studies funded by pharmaceutical companies?
marissa [1.9K]

The common flaw that was found in research funded by pharmaceutical companies was a lack of transparency.

<h3 /><h3>Why is transparency needed in the pharmaceutical industry?</h3>

It is essential that there is greater awareness, control and review of pharmaceutical research, as this industry directly impacts the health and quality of life of individuals, and must be an ethical and accessible means to the population.

Therefore, the lack of transparency in the pharmaceutical industry can occur due to centralization and conflict of interests, in addition to bribery and fraud, and must be duly fought by control, legislation and punishment for such actions.

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3 0
1 year ago
Young Co. issues $800,000 of 10% bonds dated January 1, Year 1. Interest is payable semiannually on June 30 and December 31. The
Andreyy89

Answer:

Young should report proceeds from the sale of bonds as equal to $864,884

Explanation:

The proceeds on the sale of bonds is equivalent to the present value of all the cash flows that are likely to accrue to an investor once the bond is bought. These cash-flows are the periodic coupon payments that are paid semi-annually and the par value of the bond that will be paid at the end of the 5 years.

During the 5 years, there are 10 equal periodic coupon payments that will be made. In each  year, the total coupon paid will be

$800,000*0.1=$80,000

and this payment will be split into two equal payments equal to \frac{$80,000}{2} = $40,000 . This stream of cash-flows is an ordinary annuity

The periodic market rate is equal to \frac{0.08}{2}=0.04

The  PV of the cashflows = PV of the coupon payments + PV of the par value of the bond

=$40,000*PV Annuity Factor for 10 periods at 4%+ $800,000*\frac{1}{(1+0.04)^10}

=$40,000*8.1109+$800,000*0.67556=$864,884

4 0
3 years ago
Bc corporation has set the record date for a cash dividend at monday, july 22nd. the last day to buy the stock before it goes ex
andrew11 [14]

A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general.

<h3>What is Cash dividend?</h3>

A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general. Instead of being distributed as a stock dividend or another kind of value, cash dividends are paid in cash.

Typically referred to as dividends, cash dividends are a distribution of a corporation's net income. Dividends are comparable to the draws and withdrawals made by a solo proprietor. The income statements will not include the withdrawals and dividends because they are not expenses.

You must have the stock in your demat account on the record date of the dividend issue in order to be eligible for dividends. To ensure that the stocks are delivered to your demat account by the record date, you should have purchased the stock at least one day before the ex-date.

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5 0
2 years ago
Farmers Produce, Inc., and Growers Market enter into a contract for the delivery of locally grown fruits and vegetables. The par
inn [45]

Answer:

correct option is a. ​not fully integrated

Explanation:

As per given in question we know Farmers Produce and Growers Market case delivery  locally grown fruit and vegetables

so here it is a critical aspect to certain that all deals point discussed to be enter in to the final contract

and that the word precisely reflect the deal is a  fully integrated contract that will have a clause

clause = Entire Agreement

clause = Integration

so here correct option is a. ​not fully integrated

6 0
3 years ago
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