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3 years ago

17. When a business hires another company to

Business

1 answer:

Lady bird [3.3K]3 years ago

7 0

Transferring risk

Explanation:

To transfer risk is in a way to test grounds of a volatile business by using a smaller company as bait and seeing how the market reacts to it before committing completely for the catch once the company decides what to do there.

Transference of risk is possible for big firms and allows them to get a real view of the scenarios they can expect to see when they set up operations in a place.

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The balances in Sanchez Accounting Services' office supplies account on February 1 and February 28 were $1,100 and $475, respect

Hitman42 [59]

Answer:

$575

Explanation:

Given that,

Opening office supplies = $1,100

Closing office supplies = $475

Office supplies expense for the month = $1,200

Opening stock + Purchases - Closing stock = Consumption

$1,100 + Purchases - $475 = $1,200

$625 + Purchases = $1,200

Purchases = $1,200 - $625

= $575

Therefore, the amount of office supplies was purchased during February is $575.

7 0

3 years ago

Turner Corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product

inessss [21]

Answer:

The amount of gross profit Turner Corporation should recognize is $20,000.

Explanation:

The following are given in the question:

Lump-sum cost = $100,000

Units of LF acquired = 3,000

Units of 1B acquired = 7,000

LF price per unit = $30

1B price per unit = $10

Unit of LF sold = 1,000

Therefore, we have:

Share of LF in the Lump-sum cost = (Units of LF acquired / (Units of LF acquired + Units of 1B acquired)) * Lump-sum cost = (3,000 / (3,000 + 7,000)) * $100,000 = $30,000

LF cost per unit = Share of LF in the Lump-sum cost / Units of LF acquired = $30,000 / 3,000 = $10

LF total revenue = Unit of LF sold * LF price per unit = 1,000 * $30 = $30,000

LF cost of goods sold = Unit of LF sold * LF cost per unit = 1,000 * $10 = $10,000

LF gross profit = LF total revenue - LF cost of goods sold = $30,000 - $10,000 = $20,000

Therefore, the amount of gross profit Turner Corporation should recognize is $20,000.

3 0

3 years ago

18. Open Market Operations and the Money Multiplier Suppose that the reserve requirement for checking deposits is 10 percent and

Arlecino [84]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

4 0

3 years ago

HOW MUCH IS THE PESO MARK-UP IF THE SELLING PRICE IS 15 PESOS AND THA PURCHASE COST IS 10 PESOS

sergiy2304 [10]

Answer:

Mark-up = 50%

Explanation:

Given the following data;

Selling price = 15 Pesos

Purchasing cost = 10 Pesos

To find the mark-up;

First of all, we would determine the profit;

$Profit = Selling \; price - Purchasing \; cost$

Profit = 15 - 10

Profit = 5 Pesos

Now, we can solve for the mark-up using the formula below;

$Mark \; up = \frac {Profit}{Purchasing \; cost} * 100$

$Mark \; up = \frac {5}{10} * 100$

$Mark \; up = \frac {500}{10}$

Mark-up = 50%

7 0

3 years ago

Southwest Airlines Professional Communications Certification

grandymaker [24]

Answer:

Ethnicity

Explanation:

Diversity has two dimensions: primary and secondary. The primary dimension refers to those characteristics which are mainly physical or physiological - cannot be changed.

The secondary dimension refers to our gained characteristics.

Primary dimension - age, gender, ethnicity, sexual orientation, physical handicap...

Secondary dimension - education, marital status, religion, monthly income...

4 0

3 years ago