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Crazy boy [7]
3 years ago
7

_________are places that sell merchandise from a single manufacturer, usually at lower prices than other retailers.

Business
2 answers:
Furkat [3]3 years ago
8 0
Whole sailers sells at lower prices
liberstina [14]3 years ago
6 0

<u>Factory outlets</u> are places that sell merchandise from a single manufacturer, usually at lower prices than other retailers.

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In 2018, borland semiconductors entered into the transactions described below. In 2015, borland had issued 215 million shares of
Ilya [14]

Answer:

Kindly check attached picture

Explanation:

In 2018, borland semiconductors entered into the transactions described below. In 2015, borland had issued 215 million shares of its $1 par common stock at $47 per share.

Required: Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:

a. On january 2, 2018, borland reacquired 11 million shares at $45.00 per share.

b. On march 3, 2018, borland reacquired 11 million shares at $50 per share.

c. On august 13, 2018, borland sold 1 million shares at $55 per share.

d. On december 15, 2018, borland sold 2 million shares at $50 per share.

Kindly check attached picture for detailed explanation

6 0
3 years ago
Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 20,000, Selling price per unit $30
Firdavs [7]

Answer and Explanation:

                     1.  Income Statement as on (-----)

<u>Particular                                  Amount</u>

Sales(20000 x $30)                $600,000

Less: COGS                              $160,000

inventory = $24,000

Less :End inventory = $44,000

<u>Add :purchases $180,000                                    </u>

Gross Profit                               $440,000

Less: Fixed expenses              $70,000

<u>($40,000+$30,000)                                   </u>

                                                 $370,000

Less variable Expenses           $120,000

(20,000 x $4) = $80,000

<u>(20,000 x $2) = $40,000                             </u>

<u>Net Profit                                   $250,000</u>

<u></u>

           2. Contribution Format Income Statement

<u>Particular                                              Amount</u>

Sales(20000 x $30)                            $600,000

Less : Variable Expenses

COGS(24000+180000-44000)           $160,000

Selling Expenses(20000x$4)              $80,000

<u>Administrative exp (20000x$2)          $40,000</u>

Contribution                                         $320,000

Less: Fixed Expenses

Selling exp                                            $40,000

<u>Administrative exp                               $30000</u>

<u>Net Profit                                            $250,000</u>

8 0
2 years ago
Assume that a parent company acquired 80% of the outstanding voting common stock of a subsidiary on January 1, 2012. On the acqu
AleksandrR [38]

Answer:

consolidation financial statements are for the parent and the subsidiary for the year =$ 1682,875

Explanation:

5 0
3 years ago
Couurtney bought a shirt for $24. with a coupon for 25% off. what was the original price of the shirt before the discount
kiruha [24]
Let the original price be x.

then,

x- 25% of x= 24
x- 25x/100 = 24
x-   x/4=24
3x/4=24

3x= 96

x= 32

in short...the original price= 32 dollars

3 0
3 years ago
Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.
Alja [10]

Answer and Explanation:

The computation of the official unemployment rate is shown below:

Official unemployment rate is

= Unemployed workers ÷ (Unemployed + employed) × 100

= 13,863,000 ÷ (13,863,000 + 139,323,000) × 100

= 9.05%

Now for the U-4 is

= (Unemployed workers + discouraged workers) ÷ (Unemployed + employed + discouraged workers) × 100

= (13,863,000 + $993,000) ÷ (13,863,000 + 139,323,000 + $993,000) × 100

= 9.64%

Therefore for exclduing the discouraged workers it may cause the offical rate to understate the underemployment true extent

4 0
2 years ago
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