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sweet [91]
3 years ago
6

Market Research Reading Quiz

Business
1 answer:
ruslelena [56]3 years ago
4 0
False I think so but I’m not really sure I’m sorry
You might be interested in
You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use
Jobisdone [24]

Answer:

$17,167

Explanation:

<em>The first step is to calculate amount of cash that would be charged</em>

<em>For 30 months, pay $520 per month for 30 months and an additional $10,000 at the end of 30 months.</em>

Present value is = 2,221

<em>Then</em>

<em>The present value of the payment options is =</em>

<em>($520 * PVA (24% 12,30) + $10,000 PV ( 24% 12,30))</em>

<em>$520 * 22.396 + $10,000 * 0.5521</em>

<em>$11646 + $ 5521</em>

<em>$17,167</em>

<em>Therefore the amount of cash the car dealer would charge is $17,167</em>

7 0
3 years ago
Chad and Allison Druxman launched a firm several years ago and have been particularly successful in introducing new products to
zalisa [80]

Answer:

Execution intelligence

Explanation:

Execution intelligence is an important characteristic of successful entrepreneurs and it is the <u>ability to transform an idea into a valuable product that meets consumer needs in the marketplace.</u>

Chad and Allison Druxman can therefore be said to have execution intelligence.

7 0
4 years ago
Read 2 more answers
Merv is a bulldozer operator. He was hired by Carla to fill in a swampland on her property and they signed a contract for him to
alina1380 [7]

If Merv calls Carla telling her the deal is off and Carla threatens to sue for breach of contract, the result is:

  • The contrails void, Carla loses

<h3>What is a Contract? </h3>

This refers to the legally binding agreement between two or more people about a particular request or work.

With this in mind, we can see that because Merv is hired by Carla to fill a swampland and he is later informed that the land is in protected wetlands, this makes the contract void and Carla loses because it is not of the doing of Merv.

Read more about contractual agreements here:

brainly.com/question/5746834

6 0
2 years ago
A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 50,000 units (1/4 comp
Vesnalui [34]

Answer:

E. 160,000; 167,500

Explanation:

started \: and \: completed \\  + unfinished \: beginning\\ + ending

Direct Materials

Started and complete 120,000

We also need to add the ending WIP which count entirely because the materials are added completely.

The beginning WIP has materials added completely already. It required no extra work.

120,000 +40,000 =160,000

Conversion

Started and complete 120,000

ending WIP 40,000 x 1/4 = 10,000

beginning WIP 50,000 X3/4 = 37,500

total 167,500

we add the ending WIP

and the unfinished beginning WIP

it has 1/4 completed so 3/4 are unfinished

4 0
3 years ago
Dakota Products uses a job-costing system with two direct-cost categories (direct materials and direct manufacturing labor) and
uranmaximum [27]

Answer:

Actual manufacturing overhead = 195%

Budgeted manufacturing overhead rate = 180%

Explanation:

The computation of actual and budgeted manufacturing overhead rates for 2017 is shown below:-

Particulars            Budgeted for 2017    Actual result for 2017

Direct material

cost                          $2,250,000                   $2,150,000

Direct manufacturing

labor costs               $1,700,000                    $1,650,000

Manufacturing overhead

costs                         $3,060,000                  $3,217,500

Actual manufacturing

overhead                                                         195%

Budgeted manufacturing

overhead rate             180%

Therefore for computing the actual manufacturing overhead we simply divide the manufacturing overhead cost by direct manufacturing labor cost of actual result for 2017 while for computing the budgeted manufacturing overhead rate we simply divide the manufacturing overhead cost by direct manufacturing labor cost of budgeted for 2017.

6 0
4 years ago
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