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Citrus2011 [14]
3 years ago
9

Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay

s $175 a month for utilities. Mr. Morgan owns a rental property for which he receives $680 per month.
Which is a liability?
the yearly salary
the commission
the mortgage
the rental property
Business
2 answers:
Ainat [17]3 years ago
6 0

Answer:

C. The Mortgage

Explanation:

Correct on edge

Semmy [17]3 years ago
5 0

Answer:

the mortgage.

Explanation:

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Which type of marketing intermediary are sales representatives of manufacturers and wholesalers?
Len [333]

Answer:

C. Agents

Explanation:

They are sales representatives for manufacturers or wholesalers and usually are hired on a commission basis.

6 0
3 years ago
What would symphony report as total shareholders' equity?
leva [86]
$485 + $380 + $15 + $48 - $120 = $808

Have a great night!
6 0
3 years ago
A supply curve is upward-sloping because At higher prices sellers have a greater incentive to produce more, ceteris paribus. The
Molodets [167]

Answer:

All of the answers are correct.

Explanation:

The law of supply states that in a production process when the price of. Commodity increases the suppliers are more willing to supply more goods, while when price falls suppliers tend to supply less goods.

This is as a result of lower motivation to sell at a lower price where profit margins are low. The higher the price the more the profit made so they are more motivated.

Also when prices are too low the suppliers may barely cover their cost of production so they tend to supply less.

Attached is a diagram of the supply curve

5 0
3 years ago
The Fabricating Department started the current month with a beginning Work in Process inventory of $11,100. During the month, it
MaRussiya [10]

Answer:

a.$16,370.

Explanation:

beginning WIP cost:      11,100

cost added during the period

materials                       77,100

direct labor                  25,100

overhead 70% of DL = 17,570

total added                  119,770

Total cost to be accounted for: 130,870

Cost assignned to

transferred out       114,500

ending WIP               16.370‬

Total cost assigned to 130,870

As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP

8 0
3 years ago
. "Place" decisions: A. may focus on the location of retail stores and wholesale facilities. B. may focus on the selection and u
beks73 [17]

Answer:

E

Explanation:

All of these choices are correct.

Place refers to the channels of distribution either through distribution/market channels and physical distribution. It is a vital part of the total marketing mix, it ensures that products are available to the appropriate markets, at the right proportion or quantity, at the best condition, appropriate time, anytime and at all times.

5 0
3 years ago
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