Answer:C- $5,381 and $343
Explanation:
Andre Company had sales of $5,724 which has a 6% sales tax included in the sales.
Therefore we need to calculate what the sales tax component in the sales figure is. It is calculated thus:
Total sales including tax = $5, 724
Sales tax charged is 6%
Therefore actual sales = $5,724 * 6%
Equals $343
Adjusted sales is $5,724-$343= $5,381.
Adjusted Sales figure is $5,381
Tax on sales is $343
Answer: At Mark’s Furniture, all the carpenters are in one group, and all the upholsterers are in another.
Explanation:
Functional structures refer to the grouping of company departments based on what the labor involved do for the company i.e. their functional expertise.
Mark's company is therefore using a functional structure because it groups its workforce by their functional expertise with carpenters in one group and upholsters in another.
Most companies follow this strategy which is why companies have departments such as accounting, human resources, marketing and production.
Answer:
The answer is: Invalid
Explanation:
The Uniform Commercial Code (UCC) requires that financial instruments need to be freely transferable. In order for a written instrument to meet this requirement, they must be moveable. Since Jaime wrote the promissory note on the side of large immovable boulder, it doesn't qualify as moveable. So the promissory note is invalid.
Answer:
$14,500
Explanation:
From the above, the below details are given;
Authorized share capital , which represent maximum number of shares that a company is allowed to issue.
Issued shares, which is the number of shares issued by a company including shares purchased and backed by a company(treasury stock).
There is also outstanding shares which is treasury stock less issued shares.
We do also know that treasury stock does not have any right of dividend because the shares are held by the company hence cannot pay dividend to itself.
Therefore, the total amount of the cash dividend is = 14,500 × $1.00
= $14,500
- Demand from consumers is both personalized and ever-changing.
- The price fluctuates in line with the performance of the stock market.
<h3>What is Demand?</h3>
Generally, asking for something urgently and vehemently, as though by right.
In conclusion, In economics, strong demand and low supply lead to higher prices, whereas the reverse is true when the supply is high and the demand is low. Equilibrium prices exist for every item.
This approach is used by online merchants since each customer demands a product with varying levels of intensity. Because their need for the goods is more pressing than others, some customers are willing to pay more. Discounts, buy one, get one free, and limited-time offers allow them to influence customer demand.
Read more about Demand
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