Which type of tort happens when you unfairly damage another company's reputation?

Q 7.40: Approximately 85% of the customers at Hanson’s Furniture Store purchase furniture using store credit. The store’s averag

ziro4ka [17]

Answer: Offer incentives to Customers to reduce Collection time.

Explanation:

Hanson’s Furniture Store should work to reduce the amount of time it takes to collect payments from customers. It takes them over 2 months to collect payments on average and compared to a payables payment in 30 days that's quite troublesome.

They should therefore work to reduce their Receivables Collection time.

One way they can do that is to offer incentives such as trade discounts. A popular one would be the 2/10, net 30 rule. This means that the customer would get a 2% discount if they pay in 10 days or else they will pay the full amount in 30 days. This incentive can go a long way in reducing Payables collection periods.

3 0

3 years ago

Coronado Industries wants to sell a sufficient quantity of products to earn a profit of $250000. If the unit sales price is $9,

lyudmila [28]

Answer:

Break-even point in units= 450,000 units

Explanation:

Giving the following information:

Desired profit= $250,000

Sales price is $9

Unitary variable cost= $8

Total fixed costs are $200000

To determine the number of units required, we need to use the break-even point formula, including the desired profit.

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (200,000 + 250,000) / ( 9 - 8)

Break-even point in units= 450,000 units

6 0

3 years ago

The adjusted trial balance of Norton Company contained the following information. Assume the tax rate is 25%:

const2013 [10]

Answer:

b. $65,000

Explanation:

Particulars Amount

Revenues

Service Revenue $390,000

Less: Sales Return and allowance $10,000

Less: Sales Discount $5,000

Net Sales Revenue $375,000

Less: Cost of Goods Sold $200,000

Gross Profit $175,000

Less: Operating Expenses $110,000

Operating Income $65,000

Thus, income from operation is $65,000

6 0

4 years ago

Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the nec

liberstina [14]

Answer:

(A)

The total relevant cost would be: 495,000

Buy 15,000 x 35 = 525,000

It would be better to keep producing.

(B) relevant cost 495,000

Buy 525,000 - 150,000 = 375,000

In this scenario is better to buy the procuct, as this alternative will come with the 525,000 cost but 150,000 contribution margin in the new product

Explanation:

The relevant cost would be:

Direct Materials 14

Direct labor 10

Variable Overhead 3

traceable fixed overhead 6

Total 33

15,000 x 33 = 495,000

The depreciation is a sunk cost, already incurred when the machine was purchased. Is not relevant to decide wether to produce or buy

The potencial new product would be opportunity cost:

It should be considered as a decrease in the cost of buy the product

7 0

3 years ago

Dwight was working with two of his colleagues to create a marketing plan for his company's new product. The team was scheduled t

amm1812

Answer:External locus of control

Explanation:Locus of control refers to a degree to which you believe your are in control or external factors are in control of what happens in your life

A person with an external locus of control , is the person who tends to believe that outside factors are in control on what happens to them .

Dwight blames an inaccurate profile of the geographic area as the reason why the plan was not final.

4 0

3 years ago

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