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3 years ago

What are the 3 qualifications of a product

Business

1 answer:

Andreas93 [3]3 years ago

8 0

Explanation:

Product certification or product qualification is the process of certifying that a certain product has passed performance tests and quality assurance tests, and meets qualification criteria stipulated in contracts, regulations, or specifications (sometimes called "certification schemes" in the product certification industry).

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Software Solutions was hired by Jones Company on December 1 to install and updated software. The total entire amount of $1,800 i

Talja [164]

Answer:

Software solutions was hired to install and update software.

When job was completed,

Total revenue paid by Jones company = $1,800

As of December 31,

software installation completed = 1/2

Service revenue = 0.5 × $1,800

= $900

Therefore, the adjusted journal entry for the revenue is as follows:

On 31st December,

Accounts receivable A/c Dr. $900

To Service revenue $900

(To record revenue earned)

8 0

2 years ago

An investor purchased on margin Orange Computer for $30 a share. The stock's price subsequently increased to $47 a share at whic

Feliz [49]

Answer:

56.67%

Explanation:

Purchase cost = 30 dollars

Margin x price = 0.60x30 = $18

30-18 = $12

Profit = $47 - $30 - 0.07(12)

= 16.16

Percentage earned = (16.16 /18) * 100

= 89.78%

Profit from the trade

= 47-30

= 17

Percentage earned = 17/30 * 100

= 56.67%

The return would have been 56 67% if the investor had not done this.

5 0

3 years ago

On January 1, The Long Island Crystal Company (LICC) issued 500,000 shares at $27.15 per share. (Issued means they are actually

zhenek [66]

Answer:

$0.00

Explanation:

LICC company issued the share and gave them to the officer, ABLE. During the same year, the condition on the stock is met to sell them, and ABLE exercises this option. LICC custody of the stock ends when the condition is met and ABLE can sell the shares.

These stocks belong to ABLE and selling these shares will impact their income tax, not the company. ABLE is a different tax-subject than LICC. Thus, LICC income taxes do not absorb the gain on sale in this transaction.

4 0

3 years ago

In early 2009, General Electric (GE) had a book value of equity of $105 billion, 10.5 billion shares outstanding, and a market p

Deffense [45]

Answer and Explanation:

1. The computation of Market capitalization is shown below:-

Market Capitalization in 2009 = Market Price × Outstanding Shares

= 10.5 × $105

= $1,102.5 billion

Market Capitalization in 2012 = Market Price × Outstanding Shares

= $17 × $10.6

= $180.2 billion

Changes in Market Capitalization = Market Price × Outstanding Shares

= $1,102.5 billion - $180.2 billion

= $922.3

b. The computation of Market-to-book ratio is shown below:-

Market to Book Ratio in 2009 = Market Value of Firm ÷ Book Value of Firm

= $1,102.5 billion ÷ $105 billion

= 10.5

Market to Book Ratio in 2012 = Market Value of Firm ÷ Book Value of Firm

= $180.2 billion ÷ $116 billion

= 1.55

Changes in Market to Book Ratio = Market to Book Ratio in 2009 - Market to Book Ratio in 2012

= 10.5 - 1.55

= 8.95

c. The computation of enterprise value is shown below:-

Book Debt to Equity Ratio in 2009 = Debt ÷ Book Value of Equity

= $524 ÷ $105

= 4.99

Book Debt to Equity Ratio in 2012 = Debt ÷ Book Value of Equity

= $410 ÷ $116

= 3.53

Changes in Book Debt to Equity Ratio = Book Debt to Equity Ratio in 2012 - Book Debt to Equity Ratio in 2009

= 3.53 - 4.99

= -1.46

6 0

2 years ago

Outsourcing to provide extra workers during periods of peak workloads can be much more economical than trying to fill entire pro

Grace [21]

Answer:

Explanation:

6 0

2 years ago