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4 years ago

7

Real estate is a great way to investment for everyone, particularly since the money is more liquid than common stocks , true or

false

1 answer:

Anni [7]4 years ago

7 0

It is false that real estate is a great way to investment for everyone, particularly since the money is more liquid than common stocks.

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Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow

avanturin [10]

Answer:

Net income will be $352,500 more if the company continues with Luxury watches only.

Explanation:

Since the company discontinues Sporty watches operation, the company's variable cost is decreasing. However, the fixed expenses remain same as the company will use the space for producing Luxury watches. The effect of operating income will be as follows:

Westfall Watch

Income Statement (Contribution Margin approach)

Particulars $

Sales Revenue [$400,000+(400,000 x 250%)] 1,400,000

Less: Variable expenses

[$255,000 + ($255,000 x 250%)] (892,500)

Contribution Margin 507,500

Less: Fixed Cost (80,000)

Net Income 427,500

Therefore, the net income will be $427,500 which is $(427,500 - 75,000) = $352,500 more.

6 0

3 years ago

Emily is a cash-basis taxpayer, and she was an especially productive salesperson last year. In December of last year her supervi

maxonik [38]

Answer:

Constructive Receipt

Explanation:

the term constructive receipt is used when talking in terms of federal income taxes. This term is used to determine when a cash basis tax payer has gotten their gross income in the cash basis method of accounting. the individual here would be needed to pay tax on income even though that the money that the money being taxed is has not been gotten yet by the individual. this income owner would be able to utilize the money although it has not yet been received.

5 0

3 years ago

The WTO settles trade disputes between governments.

vekshin1

Answer:

True

Explanation:

This is not <em>all </em>that they do, however. In addition to settling trade disputes between varying governments, they also bolster the free trade movement by organizing trading negotiations, assisting developing countries of the contemporary age by providing training and tech assistance (helping modernize), and they administer prior GATT agreements, which helps international trade by removing or decreasing the power of trade tariffs.

Have a good day, good luck on your quiz :)

~Battlefortroy

3 0

3 years ago

Read 2 more answers

Identify an advertisement or commercial that targets only one of the generational groups. Describe the promotion in detail and i

rjkz [21]

Answer: Commercial washing soaps

Explanation: The target of these commercials can be aimed at housewives, commercials tend to highlight the characteristics of how the clothes will look after the use of the product, such as effectiveness, freshness, softness and smell.

Housewives or people in charge of doing laundry at home, in turn, look for an effective product that can alleviate the time it takes to perform this household work.

7 0

3 years ago

The salesperson featured in the video, Dominic DeMarino, is a Pacemaker Defibrillator Sales Representative for Medtronic. As p

timurjin [86]

Answer:

field sales representative

Explanation:

Based upon this description, Dominic could best be described as a field sales representative. This is a type of salesperson, usually those working for wholesale organizations, and who's main task is going outside of the company and visiting potential customers in order to sell them the company's products or services. Other than this the job mostly entails forming great professional relationships with the customers. One way of doing so is by attending events and making sure the products that you have sold are working correctly and that the customer is content with it, as described in the scenario in the question.

7 0

3 years ago