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4 years ago

13

To create the best design concept for your client, it is generally best to only consider the culture in which the interior desig

n business is located.
False or True?

1 answer:

Komok [63]4 years ago

3 0

I say false because you would need to know what they like or dislike

You might be interested in

Private enterprise is run mainly to?

saw5 [17]

Most private enterprise mainly run to gain profit

8 0

3 years ago

Prosperous Production makes two products from a common input. Joint processing costs up to the split-off point total $42,300 a y

Gwar [14]

Answer:

Prosperous Production

The minimum amount the company should accept for Product AE if it is to be sold at the split-off point is:

= $ 32,200.

Explanation:

a) Data and Calculations:

Annual joint processing costs up to split-off = $42,300

Product AE Product CJ Total

Allocated joint processing costs $ 25,600 $ 16,700 $ 42,300

Sales value at split-off point $ 32,200 $ 21,500 $ 53,700

Costs of further processing $ 16,700 $ 17,300 $ 34,000

Sales value after further processing $ 48,500 $ 40,200 $ 88,700

b) If the company accepts any amount that is less than the sales value at the split-off point, it will not make enough profit as offered by the market. A further review shows that the company will lose $400 if it processes Product AE further than the split-off point. At the split-off point, it will make a gain of $6,600. After further processing, it will only record a gain of $6,200.

6 0

3 years ago

At the end of the fiscal year, the usual adjusting entry to prepaid insurance to record expired insurance was omitted. Which of

mixer [17]

Answer:

The correct answer is letter "D": net income for the year will be overstated.

Explanation:

Net Income is an important measure of how profitable the company is over a period of time. Net income is calculated by taking the total revenue and subtracting the business expenses which results in the earnings before tax. After taxes are deducted, the amount obtained will be the firm's net income.

Prepaid insurances are considered expenses of a company. Thus, <em>if the payment of the prepaid insurance was not recorded, the net income of the firm will be overstated.</em>

5 0

3 years ago

It costs $34,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel (85% ethanol a

victus00 [196]

Answer:

The investor will pay up the rereofitted pumps in a period of 22.52 months.

Explanation:

<em><u>First,</u></em> we solve for the amount of profit generate per month:

21,000 gallons a month x $0.09 per gallon = $1,890

Now, we calcualte the time at which an monthly income of 1890 discounted at 2% per month matches a present value of 34,000

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $1,890.00

time n

rate 0.02

PV $34,000.0000

$1890 \times \frac{1-(1+0.02)^{-n} }{0.02} = 34000\\$

$(1+0.02)^{-n}= 1-\frac{34000\times0.02}{1890}$

$(1+0.02)^{-n}= 0.64021164$

We use logarithmics properties to solve for n:

$-n= \frac{log0.64021164021164}{log(1+0.02)$

-22.52006579

n = 22.5200 = 22 and a half month.

7 0

3 years ago

Bambi Company manufactures fast-baking ovens in the United States at a production cost of $500 per unit and sells them to uncont

mina [271]

Answer:

1. d. $825

2. b. $750

3. c. $795

Explanation:

1. Transfer price under the resale price method

Acceptable price under resale method = Selling price of Subsidiary - Profit%

= $1,100 - 25%*$1,100

= $1,100 - $275

= $825

2. Transfer price under the cost-plus method

Cost plus method = Cost+Markup

= $500 + $500*50%

= $500 + $250

= $750

3. Transfer price under the comparable profits method

Comparable profits method = Selling price - Profit - Other costs

= $1,100 - $1,100*5% - $250

= $1,100 - $55 - $250

= $795

3 0

3 years ago