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Fed [463]
3 years ago
5

What transactions that are include in sales and sales return journal?

Business
1 answer:
IceJOKER [234]3 years ago
5 0
Sales journal, here goods that are sold on credit are recorded while in a sale return journal goods, initially sold on credit when returned are recorded here.
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Best Construction, Inc., and General Real Estate Corporation form a joint venture. A joint venture is usually formed for
STALIN [3.7K]

Answer:

for mutual benefits

Explanation:

A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.

6 0
3 years ago
Kaplan, Inc. produces flash drives for computers, which it sells for $27 each. The variable cost to make each flash drive is $13
notka56 [123]

Answer:

Break even sales will be $2700

So option (b) will be correct option

Explanation:

We have given fixed cost = $1400

Sells per unit = $27 each

And variable cost per unit = $13 each

So contribution margin ratio =\frac{sales\ per\ unit-variable\ cost\ perunit}{sales\ per\ unit}=\frac{27-13}{27}=0.5185

We know that break even sales is given by

Break even sales =\frac{fixed\ cost}{contribution\ margin\ ratio}=\frac{1400}{0.5185}=$2700

So option (b) will be correct answer

6 0
3 years ago
Which of the following are necessary conditions for successful price discrimination?
mixer [17]

Answer:

d. at least two different markets with different price elasticities of demand

Explanation:

The theory of microeconomics about price differentiation is based on the concept of elasticity of demand. Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

For price discrimination to take place, the offeror must be able to sell the same product at different prices to at least two different groups. This will depend on the price elasticity of consumer demand for the good in each of the markets. Thus, if one group is less elastic than the other, the offeror will be able to sell the goods at different prices.

An example: air market. Consumers are often more price sensitive when traveling for tourism than for business. Thus, a higher price may be charged to executives. which has lower price elasticity of demand than tourists.

6 0
3 years ago
Nature’s Crunch is currently the only certified organic produce grower in a region that produces lots of non-organic produce alt
aliya0001 [1]

Answer:

The correct answers are letters: "A", "B", "C", and "D".    

Explanation:

As a monopoly, Nature's Crunch will be benefited in profit terms if any chemical involved non-organic vegetables growing process is affected somehow. Then, <em>a tomato blight affecting chemically treated plants, an increase in the cost of chemical pesticides, and a new report about the environmental dangers of chemically treated plants</em> would automatically generate more sales for Nature's Crunch. Besides, it does not matter under what scenario, <em>income tax cuts</em> <em>for all consumers</em> will generate more revenue both for organic and non-organic industries.

7 0
3 years ago
An individual who provides services to your business, but is not an employee is considered
Reika [66]

Answer:

independent contractor

I hope it helps.

3 0
2 years ago
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