Answer:
The amount to be repot is $1,450,000
Explanation:
in this question, we are asked to calculate the amount of selling expenses to be recorded in the company’s consolidated income statement for that year.
To answer this question, we employ a mathematical approach;
Mathematically;
Selling expenses = Total expenses - Contra Expenses
from the question, we identify that total expenses is (1,100,000 + 400,000) = $1,500,000
Contra expenses = $50,000
The selling expenses is thus; 1,500,000 - 50,000 = $1,450,000
If Gunnar, the Director of Operations at Fantastic Foods. One of the recent groups, which is also a team, is the dean search committee.
<h3>What is team?</h3>
Team are member of a group that come together in unity to resolve issue and to achieve their set goals and objectives.
The recent group will be the dean search committee which aim is to interact or communicate frequently by making use of different communication means over a period of several months.
Therefore One of the recent groups, which is also a team, is the dean search committee.
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A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.
The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.
<h3>What is Joint Venture?</h3>
A joint venture is a child company of two parent companies.
It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.
<h3>What is Non – Equity Strategic Alliance?</h3>
In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.
Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.
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Answer:
Compounded annually:
24820 = x * (1.08^3) = 1.259712x
x = 24820/1.259712 = $19703
Compounded quarterly:
24820 = x*(1.02)^12 = 1.26824x
x = 24820/1.26824 = $19570
Explanation:
I hope you can understand better and no need for further explanation.
In order to <u>gain market share</u><u>,</u> some a firm whose product that has a large economic value do decides to charge the same price as competitors.
<h3>What is a
market share?</h3>
A market share refers to an industry percentage that is earned by a particular company over a specified time
In conclusion, some firm whose product that has a large economic value charges the same price as competitors In order to gain market share.
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