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3 years ago

7

A company reports the following sales related information: sales (gross) of $200,000; sales discounts of $4,000; sales returns a

nd allowances of $16,000; sales salaries expense of $10,000.

1 answer:

galben [10]3 years ago

5 0

Assuming that you wanted to find out the net profit, it will be :

200,000
+ 4,000
- 16,000
- 10,000

= $ 178,000

hope this helps

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Roberta is a real estate licensee representing the buyer. The buyer asks to see homes in a specific neighborhood. Roberta refuse

DerKrebs [107]

Answer:

Yes.

Explanation:

The fair housing law act is a law prohibits discrimination in the process of renting , buying or selling a house. This discrimination may be based on race , skin , color , sex , nationality ,or any other characteristic towards a protected group,

Declining the buyer the opportunity to inspects home in a particular neighborhood because nobody form his country lives in that area is an act that violates fair housing laws as the process seems to be biased towards a group of people from a particular country.

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4 years ago

Suppose you are the manager of a local water company, and you are instructed to get consumers to reduce their water consumption

Veronika [31]

The price of the water needs to be raised by 40% when the consumption of water reduces by 10% and the price elasticity of demand results to 25%.

<h3>What is meant by the price of elasticity of demand?</h3>

The price elasticity of demand is determined as the proportionate variation in quantity with respect to variation in the price of a good.

Given values:

Change in water consumption (fall): 10%

Price elasticity of demand: 25%

Computation of percentage change in the price of water:

$\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=\frac{\rm\ Change \rm\ in \rm\ water \rm\ consumption}{\rm\ Price \rm\ elasticity \rm\ of \rm\ demand} \\\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=\frac{10\%}{25\%} \\\rm\ Change \rm\ in \rm\ price \rm\ of \rm\ water=40\%$

Therefore, there is an increase in water price by 40%.

Learn more about the price elasticity of demand here:

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2 years ago

E-Eyes Bank just issued some new preferred stock. The issue will pay a $9 annual dividend in perpetuity, beginning 6 years from

goldenfox [79]

Answer:

Explanation:

Calculation to determine future sales discounts

Using this formula

Value of Preferred Stock in year 5 =Annual Dividend/Required Rate

Let Plug in the formula

Value of Preferred Stock today =(6/6%)/(1+6%)^5

Value of Preferred Stock today =100/(1+6%)^5

=124.58

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3 years ago

sp2606 [1]

The main risk posed by pests when it comes to food is that of d. Biological contamination

Pests are very bad for food because:

They can infect it with faces
They can infect the food with dangerous pathogens

Fetal contamination and bacterial (pathogenic) infections are examples of biological contamination.

We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.

<em>Find out more at brainly.com/question/2600140. </em>

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3 years ago

On November 30, Year 1, Parlor, Inc. purchased for cash at $15 per share all 250,000 shares of the outstanding common stock of S

zepelin [54]

Answer:

$275,000

Explanation:

Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result

<u>Workings</u>

Purchase consideration = 250,000*15 =3,750,000

Percentage acquired = 100%

Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000

Goodwill = 3,750,000=3,475,000 =275,000

6 0

4 years ago