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3 years ago

9

When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging i

n?

1 answer:

mariarad [96]3 years ago

7 0

That is called "price fixing"

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Java Joe operates a chain of coffee shops. The company pays rent of $20,000 per year for each shop. Supplies (napkins, bags, and

Dvinal [7]

Answer:

2. Cost-variable.

Explanation:

Variable costs basically depends on the customers in the shop. In this case, the more napkin a person uses, the more Java Joe has to order.

6 0

2 years ago

While sailboarding, Jolie is injured when Kirby carelessly crosses her path. Kirby’s insurance company offers Jolie $50,000 to r

ser-zykov [4K]

Answer:

Enforceable

Explanation:

-Jolie made a promise not to to proceed with legal claims thereafter in exchange for <em>monetary compensation</em> when she accepted the release agreement.

-The release agreement is legally binding and shields Kirby from future legal claims.

-The release is thus enforceable.

4 0

3 years ago

A company issues $60,000 of 6%, 5-year bonds dated January 1 that pay interest semiannually on June 30 and December 31 each year

bekas [8.4K]

Answer:

Decrease, $2,000

Explanation:

The premium on bonds payable will <u>decrease </u>total interest expense recognized over the life of the bond by <u>$2,000</u>. The difference between the face value & the issue value $2,000 ($62,000 - $60,000) should be amortize over a period of time and of which is reduced from interest expense.

6 0

2 years ago

Contribution Income Statement and Cost-Volume-Profit Graph Kopi Company produces dog cages that are sold for $38 per unit. The c

Marrrta [24]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total unitary variable cost:</u>

Direct materials= 10

Manufacturing overhead= 5

Direct labor= 2

Selling and administrative= 5

Total unitary variable cost= $22

<u>Now, the contribution margin income statement:</u>

Sales= 5,000*38= 190,000

Total variable cost= 22*5,000= (110,000)

Total contribution margin= 80,000

Fixed Manufacturing overhead= (35,000)

Fixed Selling and administrative= (15,000)

Net operating income= 30,000

7 0

3 years ago

Which of the following exemplifies a benefit of good communication?

Katyanochek1 [597]

Answer:E- Earlier warning of potential problems.

Explanation:Benefits of a good communication are numerous and are listed below:

1- It gives clarity and direction.

2-Effective communication skills provide clear and defined policies. 3-Organizational communication helps organization to be successful. 4- Effective interpersonal communication skills such as listening skills, making eye contact gives boost to your personality.

5- It informs of earlier warnings of potential problems.

5 0

3 years ago