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nekit [7.7K]
3 years ago
11

Retailer opened a baseball card store in vacant prem- ises next to an existing store. The card shop was very busy on opening day

, so Retailer got a clerk from the adjacent store to help out. The clerk knew nothing about baseball cards. A boy who had a large baseball card collection asked to see an Ernie Banks rookie card, which was in a plastic case with an adhesive dot at- tached that read "1200." The boy asked the salesclerk, "Is it really worth $12?" The salesclerk responded, "I guess so," or "I'm sure it is." The boy bought the card for $12. In fact, the true price intended by Retailer was $1,200. Can Retailer get the card back from the boy?
Business
1 answer:
shtirl [24]3 years ago
3 0

Answer:

No

Explanation:

This was a mistake on the retailers part for not training the clerk. The clerk would be at fault and may have to pay or have a paycheck reduction due to his mistake.

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The correct answer would be a request form.
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As the chief financial officer (CFO), you identify that your firm needs to raise additional funds by selling new shares of stock
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Answer:A) an investment banker

Explanation: An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other entities.

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3 years ago
Roy Company manufactures a product in Departments A and B. Materials are added at the beginning of the process in Department B.
slamgirl [31]

Answer:

Number of equivalent units= 18,000

Explanation:

Giving the following information:

Conversion costs for Department B were 50% complete concerning the 6,000 units in the beginning work in process and 75% complete for the 8,000 units in the ending work in process. A total of 12,000 units were completed and transferred out of Department B during February.

With the information provided, we can calculate the number of equivalent units of the period.

Beginning work in process = 6,000*0.5= 3,000

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6 0
3 years ago
Which of the following items is not a part of planning?
Savatey [412]
E. Objectional plan is the answer
4 0
3 years ago
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Carrying Amount $120,000 Selling Price $80,000 Costs of Disposal $5,000 Expected Future Cash Flows $90,000 Present Value of expe
frez [133]

Answer:

$35,000

Explanation:

Under IAS 36, an asset is said to be impaired where the carrying amount is more than the recoverable amount.

The recoverable amount is the higher of the fair value less cost to sell or the value in use which is the present value of the expected future cashflow.

Given that;

Carrying Amount = $120,000

Selling Price = $80,000

Costs of Disposal = $5,000

Hence fair value less cost to sell = $80,000 - $5,000 = $75,000  

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Present Value of expected future cash flows = $85,000 ( this is the value in use)

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This is lower than the carrying amount hence the asset is impaired.

Impairment = $120,000 - $85,000

= $35,000

8 0
3 years ago
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