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Semmy [17]
3 years ago
13

Alexa has a commercial laundry service that has been growing rapidly. She wants to continue to grow the business, but she needs

access to more money and does not want to risk her personal assets. Alexa contacts her lawyer to see if all the legal requirements are met to start the process of__________
Business
1 answer:
Contact [7]3 years ago
4 0

Answer:

Incorporating

Explanation:

You might be interested in
Department Y started 675 units during the accounting period. They had a beginning balance in goods in process inventory of 225 u
Gnoma [55]

Answer:

a. 750

Explanation:

units completed and transferred out = beginning work in process + units started - ending work in progress = 225 units + 675 units - 150 units = 750 units

The number of units completed and transferred out refer to the total number of finished units during a certain period and their cost is referred to as cost of goods manufactured.

4 0
3 years ago
Experts in operations management for service industry type businesses stress:
stealth61 [152]
The correct answer would be : training employees on quality management
Operational managers are responsible in handling all company's resource to achieve its goal. In a service industry ( like public accounting, maid cleaning services, financial adviser, etc) quality topped any other aspect of the products. That's why experts in operation management will focus on the increasing employees' quality

5 0
3 years ago
You short sold 1,100 shares of stock at a price of $29 and an initial margin of 55 percent. If the maintenance margin is 40 perc
Margaret [11]

Answer:

No of stock = 1100

Price of Stock = 29

Short sale = 31900

Initial Margin % = 55%

Initial Margin = 17545

Total value = 49445

The earnings of the sale is 31900, which is deposited in our account for a total account value of $49,445 (31900+55%)

Maintenance Margin = 40%

Margin Call Value = 49445/ (1+0.4)

Margin Call Value = 35317.86

Price per share = 35317.86 / 1100  

Price per share = 32.11

So a margin call will be triggered when the price of the shorted security rises to $32.11

Margin Call Price = 32.11

Account Equity = 32.11*1100

Account Equity = 35318

6 0
3 years ago
Charging high prices to earn large profits during a time when there is little competitionrepresents a ________ strategy:________
Usimov [2.4K]

Answer:

Skimming

Explanation:

Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.

Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.

6 0
3 years ago
Read 2 more answers
A company estimates the following manufacturing costs for the next period: direct labor, $500,000; direct materials, $181,000; a
Alex_Xolod [135]

Answer:

1) 24.4%

2) 67.4%

Explanation:

The basis on which overheads are to be applied is considered under 'denominator' value.

1)

Numerator = Estimated factory $122,000

Denominator = Direct Labor $500,000

Overhead Rate =  122,000 / 500,000 = 0.244 ==> 24.4%

2)

Numerator = Estimated factory overhead $122,000

Denominator = Direct Material $181,000

Overhead Rate =  122,000 / 181,000 = 0.674 ==> 67.4%

3 0
3 years ago
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