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3 years ago

Which of the following is the surest way to verify the reliability of information from a new or unknown source?

Business

2 answers:

padilas [110]3 years ago

6 0

Answer:

4. Corroborate the information with other sources

Explanation:

The surest way to verify the reliability of information from a new or unknown source is to corroborate the information with other sources.

This simply means that, if you got an information (data) from a new source such as newspaper, website, television, books, radio or anywhere else, you should confirm the credibility and reliability of these information by verifying from one or more sources.

Hence, if the information gotten from a new source is in tandem or accordance with what you find elsewhere, then that information is accurate, reliable and credible.

Dahasolnce [82]3 years ago

6 0

Answer:

Explanation:

The best way to verify the reliability of information from an unknown source would be to Corroborate the information with other sources. To corroborate means to take an action or information to make it more certain/valid. This is done by gathering similar information from various unconnected sources that provide the same information as the original source.

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A company produces a single product. Variable production costs are $12.50 per unit and variable selling and administrative expen

wlad13 [49]

Answer:

value of ending inventory under variable production is $104375

Explanation:

given data

Variable production costs = $12.50 per unit

variable selling and administrative expenses = $3.50 per unit

Fixed manufacturing overhead totals = $41,000

Fixed selling and administration expenses total = $45,000

production = 4,500 units

sales = 3,850 units

to find out

the dollar value of the ending inventory under variable costing would be

solution

we find here ending inventory that is express as

ending inventory = production - sale

ending inventory = 4500 - 3850

ending inventory = 8350

variable production cost of 8350 units are

variable production cost = 8350 × $12.50

variable production cost = $104375

so value of ending inventory under variable production is $104375

8 0

3 years ago

PLEASE HELP ME PLEASE!!! WORTH 100 POINTS

tatiyna

Answer:

12*48=$576,000,000,000

Explanation:

12 times 48=$576,000,000

8 0

3 years ago

Read 2 more answers

Savings for You, a discount retail chain, is highly competitive. When entering a new market, Savings for You often cuts prices s

REY [17]

Answer:

Predatory pricing

Explanation:

A "predator" refers to an animal who survives by "preying" on other animals.

Predatory pricing in a similar sense refers to that form of excessively low pricing which in a way consumes other firms by taking away their share of industry revenues. Such form of pricing is considered illegal and is against healthy competition.

Such pricing eliminates competitors from the market and gradually leads to emergence of a monopoly i.e supremacy of a single firm in the whole industry and thus considered an illegal practice.

In the given case, the retail chain can be alleged to have followed predatory pricing which is substantiated by the fact that it cuts it's prices excessively i.e even below cost , thereby forcing smaller companies to exit the industry.

7 0

3 years ago

A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his studen

Nady [450]

Answer:

Highly inelastic

Explanation:

Price elasticity of demand is a measure of the demand of a given service or commodity by utilizing it's price change. It can be calculated using the formula;

Price elasticity of demand=%change in quantity demanded/%change in price

%change in quantity demanded=((Final demand-Initial demand)/Initial demand)×100

((299-300)/300)×100=-0.33%

%change in price=12%

12%>0.33%

The change in price is larger than the change in demand, therefor the product is highly inelastic

3 0

3 years ago

The following information is available for Wenger Corporation:

bixtya [17]

Answer:

The taxable income for 2019 is $276,000.

Explanation:

(a) Calculation of taxable income for 2019:

Pretax financial income $302,100

Less: Excess of tax depreciation over book depreciation ($43,800)

Add: Rent received in advance $18,100

Taxable income for 2019 $276,400

(b) Journal entries for 2019: Debit ($) Credit ($)

Income tax expense ($302,100 x 20%) 60,420

Deferred tax asset ($18,100 x 20%) 3,620

Deferred tax liability ($43,800 x 20%) 8,760

Income tax payable ($276,400 x 20%) 56,800

Recording of income tax expense, deferred income taxes, and income taxes payable for 2019.

(c) Journal entries for 2020:

Income tax expense (65,000 + 3,620 - 2,190) 66,430

Deferred tax asset ($43,800 x 20% / 4) 2,190

Deferred tax liability ($18,100 x 20%) 3,620

Income tax payable ($325,000 x 20%) 65,000

Recording of income tax expense, deferred income taxes, and income taxes payable for 2020.

7 0

3 years ago

Read 2 more answers