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Makovka662 [10]
3 years ago
13

Bake Co.'s trial balance included the following at December 31, Year 1:

Business
1 answer:
Dafna1 [17]3 years ago
5 1

Answer:

B. $390,000

Explanation:

On December 31, 20X6, Bake's current liabilities equal $390,000. Accounts payable are current; the bonds payable, due in 20X7, will mature in the next 12 months are current (minus the discount on the bonds payable); and the deferred tax liability will reverse in the next 12 months and is also current. ($80,000 + $300,000 - 15,000 + $25,000 = $390,000).

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A branding strategy in which a firm uses the same brand for all or most of its products is called __________ branding.
MrRa [10]

Answer:

Umbrella branding

Explanation:

A branding strategy in which a firm uses the same brand for all or most of its products is called UMBRELLA branding.

Umbrella branding occurs when all or most of a firm's product mix features the same brand name. It is also known as family branding.

Umbrella Branding depends on a single brand name for the sale of multiple related products. The parent brand acts as an umbrella accommodating numerous products under its name.

3 0
3 years ago
Mixed economies can evolve when societies with different kinds of economies interact. True or False
CaHeK987 [17]

The answer here is true, mixed economies can evolve when societies with different kinds of economies interact

4 0
2 years ago
What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%?
son4ous [18]

Answer:

c. Decreases by 4.5%

Explanation:

Calculation for What is the percentage change in the PV

First step is to calculate the present value when r is 5%

PV = 100 / (1 + 5%)^1

PV = $95.24

Second step is to calculate present value when r is 10%

PV = 100 / (1 + 10%)^1

PV = $ 90.91

Last step is to calculate the percentage change in the PV

Percentage change in the PV = (90.91 - 95.24) * 100 / 95.24

Percentage change in the PV = - 4.55% (Decrease)

Therefore the Percentage change in the PV Decreases by 4.5%

3 0
2 years ago
Omega Corp. has entered into a transaction with Lively Inc. Omega Corp will give its equipment to Lively Inc. in exchange for Li
Nadusha1986 [10]

Answer:

Explanation:

A.

Equipment-from Lively    $260,000

   Accumulated Depreciation  Dr.$80,000

   Equipment-old                      Cr. $250,000

    Cash                                      Cr.$30,000

       Gain on Exchange                Cr.$60,000

B.    

Equipment-from Lively (212,000-35,000)      Dr.$177,000

Accumulated Depreciation                             Dr.$80,000

Loss on exchange (balancing figure)            Dr.$23,000

Equipment old                                                  Cr.$250,000

Cash                                                                   Cr.$30,000                                

7 0
3 years ago
To avoid channel conflict resulting from Internet selling, a company should Multiple choice question. charge prices for online d
lesya [120]

Answer:

work with dealers to design an online sales portal that benefits both partners.

Explanation:

e-commerce is a short for electronic commerce and it can be defined as a marketing strategy that deals with meeting the needs of consumers, by selling products or services to the consumers over the internet.

This ultimately implies that, e-commerce is strictly based on the buying and selling of goods or services electronically, over the internet or through a digital platform. Also, the payment for such goods or services are typically done over the internet such as online payment services.

Simply stated, e-commerce is the act of engaging in internet selling.

In order to avoid channel conflict resulting from Internet selling, a company should work with dealers to design an online sales portal that benefits both partners i.e the online portal would focus on bridging the gap between the producer (company) and the consumers, as well as balancing the demand and supply of goods and services.

6 0
3 years ago
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