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Reil [10]
4 years ago
6

Grace Electronics recently rolled out a wearable personal music device. Within 90 days of launch reports of faulty battery leads

overheating reached the company’s executives; in one case, a child suffered burns on his neck. Match each item in their strategic response plan with the appropriate stage in the process: 1. Stage 1 Customers who elected to receive a refund are sent a check while those who wanted the improved player receive a new player with a full warranty 2. Stage 2 Company launches a public information campaign notifying consumers of the recall 3. Stage 3 Company pulls the product from their retail stores and web site 4. Stage 4 Company decides if a recall is necessary and how to best proceed 5. Stage 5 Company engineers design a new battery housing using heavier gauge wire 6. Stage 6 Consumers who registered their product receive postage-free boxes to return defective players
Business
1 answer:
astraxan [27]4 years ago
7 0

Answer:

SORRY I JUST NEED POINTS. IM SRYY

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Sheffield Marina has 300 available slips that rent for $1,000 per season. Payments must be made in full by the start of the boat
PolarNik [594]

Answer:

Please refer below the journal entries along with their explanation

Explanation:

Journal Entries for December 31, 2017

2018 season

Cash (300 x $1000)                       Debit        $300,000

Unearned Revenue                       Credit       $300,000

(To record rent revenue for the year ended Dec 31, 2017).

Journal Entries for October 31, 2018

2018 season

Unearned Rent                     Debit        $300,000

Rent Revenue                       Credit       $300,000

Journal Entries for December 31, 2018

2019 season

Cash (240,000-9,600)                  Debit        $230,400

Discount                                         Debit        $9,600

Unearned Revenue                       Credit       $240,000

For 2019 season, renters shall avail the discount of 4% on 56 slips i.e. 240 x 1000 = 240,000

Discount = 240,000 x 0.04 = 9,600

2020 season

Cash (56,000-10,080)                  Debit        $45,920

Discount                                        Debit        $10,080

Unearned Revenue                      Credit      $56,000

For 2020 season, renters shall avail the discount of 18% on 56 slips i.e. 56 x 1000 = 56,000

Discount = 56,000 x 0.18 = 10,080

5 0
3 years ago
Identify each of the following features as applying more to job order operations, process operations or both job order and proce
Fynjy0 [20]

Answer:

Identification of Features Applying More to Job Order Operations, Process Operations, or Both:

Features  

1. Cost object is a process.                                  Process Operations

2. Measures unit costs only at period-end.        Process Operations

3. Uses indirect costs.                                          Both

4. Transfers costs between Work in              

   Process Inventory accounts.                            Process Operations

5. Uses only one Work in Process account.       Job Operations

6. Uses materials, labor, and overhead costs.    Both

Explanation:

The main difference between the two operations is the manner costs are accumulated.  Job operations accumulate costs for different jobs that are not similar.  Process operations accumulate costs to show the process a product passes through.  The product of a process operation is not unique like the product of a job operation.

6 0
3 years ago
Which of the following statements are inconsistent with the efficient market hypothesis?a. The average annual return on stocks i
koban [17]

Answer:

b. Stocks that outperform the index in March always underperform it in April.

d. Stocks that outperform the index in March always outperform it in April.

Explanation:

The Efficient market hypothesis states that in an efficient market, all the available information in the market are reflected in the prices of the stocks being traded. As such, all stock are fairly priced.

Stocks that perform in a certain way in March and then in another way in April are violations of the hypothesis. This is because if indeed the market was efficient, the prices would adjust to reflect the different performances by month such that there would be no more fluctuations.

6 0
3 years ago
Shania offers to sell her lakefront property to Tonya for $150,000, and Tonya agrees to buy it. Tonya and Shania both sign the r
Lina20 [59]

Some of the likely things which a court would do if Tonya sues to enforce the contract are:

  • 1. X not enforce the contract, because people are free to choose to whom they sell their property.
  • 2. award monetary damages to Tonya.
  • 3. require Shania to go through with the sale.
  • 4. X grant specific performance by requiring Shania to find a comparable piece of land for Tonya at a comparable price.

<h3>What is a Contract?</h3>

This refers to the legally binding agreement which is entered by two or more parties based on terms and conditions.

With this in mind, we can see that because Shania wants to sell her lakefront to Tonya for $150,000 and they sign a contract but before they close the deal, Shania discovers that the property prices would go up and declines to sell.

In conclusion, if Tonya sues to enforce the contract, we can see that the contract would not be enforced, but Tonya would be paid monetary damages.

Read more about contract here:

brainly.com/question/984979

8 0
2 years ago
Beginning work in process was $125,000. Manufacturing costs added to production for the month were $835,000. There were $200,000
Nataly_w [17]

Answer:

c. $ 760,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is shown below:

Cost of goods manufactured= Beginning work in process + manufacturing cost - ending work in process

= $125,000 + $835,000 - $200,000

= $760,000

Beginning work in process + manufacturing cost is called total work in process for a given period

7 0
3 years ago
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