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3 years ago

Name some skills an accessory designer has to have that a sales representative does not.

1 answer:

6 0

<span>Retail buyers usually work closely with designers and their designated sales. May buy name brand products while a large company buyer may have the opportunity agree on a price and/ financing terms and in some cases they may not agree. And in some cases years in advance what accessories and apparel will sell.</span>

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Lauhl Corporation provides janitorial services to several office buildings. During April, Lauhl engaged in the following transac

NISA [10]

Answer:

Cash-basis accounting $15,600

Accrual-basis Accounting $7,750

Explanation:

A. Calculation to determine the amount of net income that Lauhl should recognize in April under cash-basis accounting

Cash-basis accounting

=$24,000 -$5000-$3,400

Cash-basis accounting =$15,600

Therefore the amount of net income that Lauhl should recognize in April under cash-basis accounting is $15,600

B. Calculation to determine the amount of net income that Lauhl should recognize in April under the accrual-basis Accounting

Accrual-basis Accounting=($24,000/6) -$1300 + $2500 - $3,400 - $850

Accrual-basis Accounting=$4,000-$1,300+$2,500+$3,400-$850

Accrual-basis Accounting=$7,750

Therefore the amount of net income that Lauhl should recognize in April under the accrual-basis Accounting is $7,750

6 0

2 years ago

Reynolds Construction's value of operations is $750 million based on the free cash flow valuation model. Its balance sheet shows

zhuklara [117]

Answer:

option (d) $500

Explanation:

Data provided in the question:

Reynolds Construction's value of operations = $750 million

short-term investments = $50 million

accounts payable = $100 million

notes payable = $100 million

long-term debt = $200 million

common stock = $40 million

retained earnings = $160 million

Now,

Firm value of equity

= Free cash flow value + Investments - Debt - Notes payable

= $750 million + $50 million - $200 million - $100 million

= $500 million

Hence,

the correct answer is option (d) $500

6 0

3 years ago

Isaac Inc. began operations in January 2021. For some property sales, Isaac recognizes income in the period of sale for financia

Sati [7]

Answer:

$148.3 million

Explanation:

Calculation to determine the deferred tax liability that Isaac would report in its year-end 2021 balance sheet

Using this formula

Deferred tax liability=Total future taxable income × Tax rate

Let plug in the formula

Deferred tax liability=(2022 137 million+2023 129 million+2024 162 million+2025 165 million)*25%

Deferred tax liability=$593 million*25%

Deferred tax liability=$148.3 million

Therefore the deferred tax liability that Isaac would report in its year-end 2021 balance sheet is $148.3 million

8 0

2 years ago

Many business people believe that marketing should focus on factors other than financial goals, such as ___.

Sindrei [870]

Answer:

Corporate citizenry

Explanation:

Many business people believe that marketing should focus on factors other than financial goals, such as Corporate citizenry

3 0

3 years ago

More Hits Company manufactures aluminum baseball bats that it sells to university athletic departments. It has developed the fol

yuradex [85]

Answer: See explanation

Explanation:

AP = 4.15

SP = 4.0

SQ = 114000 × 2 = 228000

1. Direct Materials Price

= (AQ × AP) - (AQ × SP)

= (246000 × 4.15) - (246000 × 4.0)

= 1020900 - 984000

= 369000 U

2. Direct Materials Quantity

= (AQ × SP) - (SQ × SP)

where SQ = 114000 × 2 = 228000

= (220000 × 4.0) - (228000 × 4.0)

= 880000 - 912000

= 32000 F

3. Direct Labor Price

= (AH × AR) - (AH × SR)

= (58700 × 9.8) - (58700 × 10)

= 575260 - 587000

= 11740

4. Direct Labor Quantity

= (AH × SR) - (SH × SR)

where, SH = 114000 × ½ = 57000

= (58700 × 10) - (57000 × 10)

= 587000 - 570000

= 17000 U

5. Total Overhead Variances

= 352000 - (57000 × 6)

= 352000 - 342000

= 10000 Unfavorable

Check attachment for further details

8 0

3 years ago