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3 years ago

Why do cultural universal exist

1 answer:

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Cultural universals (elements of a culture that exist in every society such as food, religion, language, etc.) exist because all cultures have basic needs and they all develop common features to ensure their needs are met. Ethnocentrism is seeing your culture as superior to others.

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Sally is in the business of purchasing accounts receivable. Last year Sally purchased an account receivable with a face value of

Simora [160]

Answer:

Shally will not having any amount of bad debt deduction for the present year.

Explanation:

In the present year, Shally will not having any amount of bad debt deduction because she has a gain or income of $5,000. As, last year she has account receivable of $60,000 but this year she settled the account by receiving the $65,000 amount. So, she has received more amount than the basis in the receivable. Therefore, she will not have any bad debt deduction this year.

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3 years ago

A manufacturer of washing machines has expanded its plant and has created excess capacity, just as the general economy has taken

Lostsunrise [7]

Answer:

. b. offer rebates and incentives for customers who purchase washing machines.

Explanation:

Increasing the productive structure of a firm must be carefully planned. There needs to be demand and take into account the expectations of the economy. When a company increases its structure over an inadequate period, the strategy can be fatal, as firms typically go to great lengths to make investments. In the case described, the company now has an idle capacity, ie does not use all its productive infrastructure. This is compounded by the moment of narrated economic crisis. In this situation, the company is most likely to promote price incentives through discounts to stimulate demand for washing machines. Thus, the employer gets a breath to maintain its activities until the economy recovers and she can use all the installed capacity.

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2 years ago

Which statement about advertising’s characteristics is correct?

GREYUIT [131]

Answer: Advertising seeks to appeal to a mass audience with a uniform message.

Explanation: Advertising involves creating awareness about a product or service to the public through the various channels of communication.

Advertising aims at getting across a message of a product to its target customers via the various channels of communication such as: social media, T.V, radio etc.

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3 years ago

Fields Cutlery, a manufacturer of gourmet knife sets, produced 20,000 sets and sold 23,000 units during the current year. Beginn

Andreyy89

Answer:

Net income under variable costing would be $429,000.

Explanation:

Under the variable costing method the most important point to understand here is that fixed cost of the previous period ( 3000 units in this case ) would not be carried over to current period. Which means that the fixed cost and cost of goods sold be less now and the profit will increase.

NET INCOME =

SALES = $ 1035,000 ( 23,000 X 45 )

(-) COST OF GOODS SOLD = ($ 391,000) ( 23000 X 17 )

( We have multiplied 23,000 units by 17 because now those fixed cost of $5 are not carried forward to this period)

GROSS CONTRIBUTION MARGIN = $1035,000 - $391,000

= $644,000

(-)VARIABLE SELLING AND ADMINISTRATION EXPENSES = ($69,000)

( $115,000 X 60% )

CONTRIBUTION MARGIN = $644,000 - $69,000

= $575,000

(LESS) FIXED COSTS = ($146,000) [ $100,000 + $46,000 ]

1) MANUFACTURING COST = 20,000 X $5

= $100,000

2) SELLING AND ADMINISTRATION EXPENSES = $115,000 X 40%

= $46,000

INCOME = $575,000 - $146,000

= $429,000

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3 years ago

You have $900 in your checking account when your ATM card and PIN are stolen. You could lose up to ____ if you report the lost A

joja [24]

Answer:$900

Explanation

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2 years ago