All categories

3 years ago

What is not true about bartering?

Business

1 answer:

kenny6666 [7]3 years ago

5 0

<span>Bartering can be more time-consuming than trading with money.
Hope it helps.

</span>

You might be interested in

A review of the accounting records of Perez Manufacturing indicated that the company incurred the following payroll costs during

Yuliya22 [10]

Answer:

SG&A expense = $363,000

Payroll cost which is included in Cost of goods sold = $827,200

Explanation:

The computation of SG&A and cost of goods sold

Salary of the company president = $75,000

Add: Chief financial officer salary = $42,000

Add: Vice president of marketing salary = $40,000

Add: Administrative secretaries salaries = $60,000

Add: Commissions paid to sales staff = $146,000

SG&A expense = $363,000

Vice president of marketing salary= $50,000

Add: Middle managers salaries = $147,000

Add: Wages of production workers = $703,500

Add: Engineers and other personnel responsible salaries= $133,500

Total = $1,034,000

Payroll cost which is included in Cost of goods sold

= $1,034,000 × 4000 ÷ 5000

= $827,200

5 0

3 years ago

When the price of football tickets increases, the substitution effect decreases the number of tickets bought from?

adell [148]

It will bought from higher quantity to lower quantity
When the price of the tickets increases, a number of people who can buy it will decrease which resulted in lower quantity of the total sales.
The only consumer segments that wouldnt be affected by the price changes probably only the loyal fans that basically will follow their teams wherever they go.

8 0

3 years ago

Schweser Satellites Inc. produces satellite earth stations that sell for$70,000 each. The firm's fixed costs, F, are $3 million,

Burka [1]

Answer:

Please see attached explanations

Explanation:

a Incremental profit would be

= $160,000 - $100,000

= $60,000

b. The firm's break even point will increase by 27.8 units if it makes the change.

c. The new situation would have more business risk than the old one due to;

• Increase in fixed costs

• Business risk will also increase in new situations due to increase in break even point.

4 0

3 years ago

A travel agency will recommend a preferred supplier do a client because the supplier gives the agency which of the following.

NNADVOKAT [17]

The correct answer is extra commissions.

Travel agencies will often recommend a preferred supplier because they are receiving extra commissions from the suppliers. The extra commissions do not necessarily need to be in cash. Often the extra commissions will be in the form of things like trips, free hotel rooms and cruises for the travel agents.

8 0

3 years ago

Skysong Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following e

liubo4ka [24]

Answer:

Explanation:

First of all, to make it easy, "Debit" will be written as "Dr" and "Credit" as "Cr"

General journal

April 2

Dr Cash $27 070

Dr Equipment $12 900

Cr Owner's Capital $39 970

April 2 No transaction has occurred

April 3

Dr Supplies $833

Cr Accounts Payable $833

April 7

Dr Rent Expense $546

Cr Cash $546

April 11

Dr Accounts Receivable $1160

Cr Revenue $1160

April 12

Dr Cash $2,589

Cr Unearned Revenue $2,589

April 17

Dr Cash $2,201

Cr Revenue $2,201

April 21

Dr Insurance Expense $100.30

Cr Cash $100.30

April 30

Dr Salaries Expense $1,020

Cr Cash $1,020

April 30

Dr Supplies Expense $122

Cr Supplies $122

April 30

Dr Equipment $5,266

Cr Capital $5,266

8 0

3 years ago