1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Westkost [7]
4 years ago
10

Peete Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should

be included or excluded from the inventory taking. (a) 900 units of inventory shipped on consignment by Peete to another company. select an option (b) 3,000 units of inventory in transit from a supplier shipped FOB destination. select an option (c) 1,200 units of inventory sold but being held for customer pickup. select an option (d) 500 units of inventory held on consignment from another company. select an option Click if you would like to Show Work for this question: Open Show Work
Business
1 answer:
Aloiza [94]4 years ago
8 0

Explanation:

Given that the peter company identifies the following items so according to that there are certain things that are excluded or included which are as follows:

a. Since the 900 inventory units shipped by Peete company to another company that reflect inclusion as the company is the owner and owned the goods

b. The inventory units are in transit are excluded as the company does not owned the goods because the goods are on the way

c. The 1,200 units are sold but waiting for customer pickup are excluded because the goods are sold by the Peete company that shows the ownership of the goods are transferred

d. The 500 inventory units held on consignment is also excluded because ownership is not with the Peete company it is transferred to the another company

You might be interested in
Which word or phrase below is an antonym for concrete? proven data-driven physical presence abstract
9966 [12]

Answer: i would say physical presence or abstract

6 0
3 years ago
For price discrimination to be successful, no arbitrage opportunity can be allowed. 5. Monopoly firm's marginal revenue is less
marishachu [46]

Answer:

1 (a)  

Since p = 10 - Q,

Revenue = p × Q=10Q - Q2

Hence, MR = 10 - 2Q.

MC is given fixed at 4.

Demand function is Q = 10 - p.

Plotting all these values in graph attached picture, we get

1 (b)  

The monopolist will yield where MR = MC. So,

10 - 2Q = 4

Q = 3.

At this quantity, P = 7.

1 (c)  

Consumer Surplus = Area of Triangle ABC = 0.5 × 3 × 3 = 4.5

Producer Surplus = Area of Rectangle ABEF = 3 × 3 = 9

2 (a)

Since the price is now P = MC = 4, this means

Q = 10 – 4 = 6.

2 (b)

The consumer surplus in this case would be = 0.5 × 6 × 6 = 18

The producer surplus will be zero.

2 (c)

Deadweight Loss = Total Surplus in Case B - Total Surplus in Case A

18 - 13.5 = 4.5

6 0
4 years ago
Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the co
vladimir1956 [14]

Answer:

The options for this question are the following:

a. Star

b. Cash Cow

c. Question Mark

d. Dog

e. None of these

The correct answer is b. Cash Cow .

Explanation:

The cash cow is a metaphor for a cash cow that produces milk throughout its life and requires little maintenance. A cash cow is an example of a cash cow, since after the initial capital outlay has been paid, the cow continues to produce milk for many years. These cash generators can also use their money to repurchase shares in the market or pay dividends to shareholders.

A cash cow is a company or business unit in a mature, slow-growing industry. Milk cows have a large market share and require little investment. For example, Apple (NASDAQ: AAPL) is considered a cash cow because it has established a well-defined niche in wireless gadgets. The different Apple product lines generate cash for other business lines at the beginning of their life cycle. On the contrary, a star is a company or business unit that operates in a high-growth industry. Question marks are the problematic son of the BCG shared growth matrix. They operate in high-growth markets and require capital to grow, but the probability of success is unknown. Dogs do not require much cash, but due to age, they tend to absorb large portions of capital.

6 0
4 years ago
Which of the following is not an unusual item? a.Corporate income tax being paid. b.Closure of all outlet stores. c.A change fro
kakasveta [241]

Answer:

The correct answer is letter "A": Corporate income tax being paid.

Explanation:

In Accounting, unusual items are the result of events that impact the business but are not likely to happen again. Just like its name indicates, those events are not regular from the operations of a company an include abnormal legal costs, gains or losses from the sales of assets, losses from early retirement, and corporate restructuring expenses.

<em>Corporate income taxes are paid on a regular basis, thus, they cannot be considered unusual items.</em>

4 0
3 years ago
A proven product, established management systems, and customer goodwill are three advantages of _____. a. joining a family busin
faltersainse [42]

Answer:

Option C: Buying a franchise

Explanation:

Franchise is simply defined as a business that sells or distribute a product or service that has beingdeveloped by a franchisor. It is usually in the way or manner that the franchisor listed.

The product, method of distribution, and, sales and management are governed or controlled by the franchisor of the business.

The process of purchasing that is buying of a Franchise is by looking into franchising company, contact, application, franchise contact and review, franchise agreement, negotiation terms, agreement signed and others.

7 0
3 years ago
Read 2 more answers
Other questions:
  • A ____ is an amount of money. Usually, has a specific purpose and is stored in one place, such as a bank account.
    11·1 answer
  • Amy, Allyson, and Kelly work in different teams at Oaktown Powersports. Amy's team ensures that all the raw materials, machinery
    13·1 answer
  • Describe how the worksheet creates an efficient process in the workplace.
    5·2 answers
  • CostPercent Complete Materials costs$ 5,80050% Conversion costs$ 6,50030% A total of 7,700 units were started and 6,600 units we
    10·1 answer
  • You want to be able to withdraw $45,000 each year for 25 years. Your account earns 4% interest. a) How much do you need in your
    9·1 answer
  • How does a consumers right to be heard affect the producers of the goods they buy? List some examples.
    9·1 answer
  • Central City needs to have an income of $3,560,000. The total property is valued for taxation at $92,000,000.What is the tax rat
    15·1 answer
  • What is the relationship among job,employment and education?​
    15·2 answers
  • Can Financial Markets help deploy renewables?
    14·1 answer
  • the biggest advantage of capitalism is that a. ​it generates wealth with the help of government intervention b. ​it creates weal
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!