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Anit [1.1K]
3 years ago
9

When tori was looking for housing in the fall, she saw a "for rent" sign on a house near her school. though she tried the number

on the sign repeatedly, no one answered the phone and there was no way to leave a message. marketing did not occur because multiple choice tori probably did not have a true need for this house. the house was too expensive for tori to afford. whoever was renting the home had poor customer service. there was no way for the parties to communicate. there is a lot of competition in the rental market?
Business
1 answer:
Natasha_Volkova [10]3 years ago
8 0
Its because it was a seller not a retail company selling the house
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Ob just a guess I think that’s the anwser but I’m not really sure
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3 years ago
What have you learned from the self-reflection in this class, and how do you think it will help you in the workforce? Be specifi
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Answer:

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Explanation:

4 0
2 years ago
What is another way of referring to workers and factory owners? socialists and democrats the people and the patricians labor and
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7 0
3 years ago
Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for healt
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3 0
3 years ago
Presented below is the trial balance of Bramble Corporation at December 31, 2020.
8_murik_8 [283]

Answer:

Bramble Corporation

Assets:

Current Assets:

Cash                                                  $ 201,440

Debt Investments (trading)

(at cost, $145,000)                               155,150

Accounts Receivable         437,150  

Allowance for

Doubtful Accounts             27,150     410,000

Inventory                                             601,440

Total current assets                                           $1,368,030

Long-term assets:

Debt Investments (long-term)           303,440

Equity Investments (long-term)         281.440

Land                                                   262,150

Buildings                            1,044,440

Accumulated Depreciation 152,000 892,440

Equipment                           602,150

Accumulated Depreciation 60,000   542,150

Franchises                                         160,000

Patents                                              195,000

Total long-term assets                                      $2,636,620

Total assets                                                       $4,004,650

Liabilities + Equity:

Current Liabilities:

Notes Payable (short-term)               92,150

Accounts Payable                            457,150

Dividends Payable                           140,440

Accrued Liabilities                             98,150

Total current liabilities                                        $787,890

Notes Payable (long-term)             904,440

Bonds Payable                             1,004,440

Total long-term liabilities                                $1,908,880

Total liabilities                                                $2,696,770

Common Stock ($5 par) 1,002,150

Treasury Stock                   193,150

Net Stock outstanding                    809,000

Retained Earnings, December 31    414,440

Paid-in Capital in Excess of Par        84,440

Total equity                                                    $1,307,880

Total liabilities + equity                                $4,004,650

Explanation:

a) Data and Calculations:

                                                              Debit              Credit

Cash                                                  $ 201,440

Debt Investments (trading)

(at cost, $145,000)                               155,150

Accounts Receivable                          437,150  

Inventory                                             601,440

Sales                                                                        $ 8,102,150

Cost of Goods Sold                        4,800,000

Allowance for Doubtful Accounts                                 27,150

Debt Investments (long-term)           303,440

Equity Investments (long-term)         281.440

Notes Payable (short-term)                                           92,150

Accounts Payable                                                        457,150

Dividends Payable                                                       140,440

Accrued Liabilities                                                         98,150

Notes Payable (long-term)                                         904,440

Bonds Payable                                                         1,004,440

Common Stock ($5 par)                                          1,002,150

Treasury Stock                                  193,150

Retained Earnings                                                       82,440

Paid-in Capital in Excess of Par                                  84,440

Investment Revenue                                                     67,180

Land                                                  262,150

Buildings                                        1,044,440

Accumulated Depreciation-Buildings                       152,000

Equipment                                        602,150

Accumulated Depreciation Equipment                      60,000

Franchises                                        160,000

Patents                                              195,000

Selling Expenses                           2,002,150

Administrative Expenses                 904,180

Interest Expense                               215,180

Gain                                                                              84,180

Totals                                        $12,358,460    $12,358,460

b) Income Statement for the year ended December 31, 2020:

Sales                                              $ 8,102,150

Cost of Goods Sold                        4,800,000

Gross profit                                   $3,302,150

Investment Revenue                            67,180

Gain                                                       84,180

Total Income before expenses   $3,453,510

Selling Expenses            2,002,150

Administrative Expenses  904,180

Interest Expense                215,180

Total Expenses                               (3,121,510)

Net Income                                     $332,000

Retained Earnings                              82,440

Retained Earnings, December 31  $414,440

7 0
3 years ago
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