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2 years ago

Business Bonus Question:

2 answers:

8 0

The 31 stands for 31 different flavors. The pitch was for a customer could come in every day and get a different flavor for every day of the month.

Hope this helps!

Mila [183]2 years ago

5 0

The 31 stands for 31 degrees Fahrenheit, which is 1 degree below freezing temperature. Their smoothies and ice cream are frozen at this temperature

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A company buys equipment for $48,000, expects to use it for ten years, and then sell it for $6,000. using the straight-line meth

Vesnalui [34]

Using the straight-line method, the company should report annual depreciation for the equipment of $4,200.

Given,

A company buys equipment for $48,000 expects to use it for ten years, and then sell it for $6,000

The formula to calculate annual depreciation is given below-

Annual depreciation = (Original cost - salvage value) / Estimated life(years)

Annual depreciation = ($48,000 - $6,000) / 10

Thus, annual depreciation = $4,200

A standard yearly rate at which depreciation is charged to a fixed asset is called annual depreciation. Thus, to calculated depreciation the straight-line method is used. Where you need to subtract the asset's salvage value from its cost.

To learn more about annual depreciation here:

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3 0

1 year ago

Explain why the rapid delivery deployment of new systems is often more important to businesses than the detailed functionality o

Ulleksa [173]

More info https://lawessay.net/

7 0

3 years ago

The practice of buying goods and services now and paying for them later is termed:______

sesenic [268]

The practice of buying goods and services now and paying for them later is termed is<u> Bartering</u>.

A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.

In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.

A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.

The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.

To learn more about Bartering here

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7 0

1 year ago

You recently purchased a stock that is expected to earn 12% in a booming economy, 8% in a normal economy and lose 5% in a recess

Papessa [141]

Answer:

The expected return on this stock is 7.3%

Explanation:

Using the expectations model, we can calculate the expected return on the stock based on the return on stock in different scenarios/states and the probability of those states.

The expected return on the stock is,

Expected r = rA * pA + rB * pB + rC * pC

Where,

r represents the returns in each state
p represents the probability of each state

Expected r = 0.12 * 0.15 + 0.08 * 0.75 + (-0.05 * 0.1)

Expected r = 0.073 or 7.3%

3 0

2 years ago

During 2021, Blossom Company purchased the net assets of Ayayai Corporation for $2178000. On the date of the transaction, Ayayai

Evgesh-ka [11]

Answer:

When the purchase price is lower than the fair market value, accountants generally refer to this as negative goodwill. All negative goodwill must be reported as a gain.

the net fair market value of assets = $1,069,200 + $2,494,800 - $594,000 = $2,970,000

gain = fair market value - purchase price = $2,970,000 - $2,178,000 = $792,000

Another way to refer to this type of situation is a bargain purchase.

6 0

2 years ago