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Ad libitum [116K]
3 years ago
10

4. Classify each of the following products into either convenience, shopping, specialty or unsought goods: toothpaste, life insu

rance, Viso TV, Eggo waffles, lettuce, Coach handbag, adidas soccer cleats,l furniture.
Business
1 answer:
Oksi-84 [34.3K]3 years ago
8 0

Answer:

  • Toothpaste - convenience
  • Life insurance - unsought
  • Sharp TV - shopping
  • Eggo Waffles - shopping
  • Lettuce - convenience
  • Coach handbag - specialty
  • Adidas soccer cleats - shopping
  • Furniture - shopping

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A firm has an equity multiplier of 1.57, an unlevered cost of equity of 14 percent, a levered cost of equity of 15.6 percent, an
Elanso [62]

Answer:

10.45%

Explanation:

Calculation to determine the cost of debt

B/S = 1.57 − 1

B/S = .57

.156 = .14 + .57(1 −.21)(.14 − RB)

.156 = .14 + .57(.79)(.14 − RB)

RB = .1045*100

RB= 10.45%

Therefore the cost of debt is 10.45%

6 0
3 years ago
This information relates to Ayayai Real Estate Agency.
posledela

Answer:

Oct. 1

Dr Increase Assets

Dr Cash $29,100

Cr Increase stockholders'equity

Cr Common stock $29,100

Oct. 2

Dr No Effect

Dr No Effect $0

Cr No Effect

Cr No Effect $0

Oct. 3

Dr Increase Assets

Dr Office furniture $3,610

Cr Increase Liabilities

Cr Accounts payable $3,610

Oct. 6

Dr Increase Assets

Dr Accounts receivable $10,000

Cr Increase Revenues

Cr Service revenue $10,000

Oct. 10

Dr Increase Assets

Dr Cash $130

Cr Increase Revenues

Cr Service revenue $130

Oct. 27

Dr Decrease Liabilities

Dr Accounts payable $600

Cr Decrease Assets

Cr Cash $600

Oct. 30

Dr Increase Expenses

Dr Salaries and wages expense $2,500

Cr Decrease Assets

Cr Cash $2,500

Explanation:

Preparation of the debit-credit analysis for each transaction.

Oct. 1

Dr Increase Assets

Dr Cash $29,100

Cr Increase stockholders'equity

Cr Common stock $29,100

(Being To record common stock)

Oct. 2

Dr No Effect

Dr No Effect $0

Cr No Effect

Cr No Effect $0

Oct. 3

Dr Increase Assets

Dr Office furniture $3,610

Cr Increase Liabilities

Cr Accounts payable $3,610

( Being To record purchase of office furniture)

Oct. 6

Dr Increase Assets

Dr Accounts receivable $10,000

Cr Increase Revenues

Cr Service revenue $10,000

( Being To record service revenue)

Oct. 10

Dr Increase Assets

Dr Cash $130

Cr Increase Revenues

Cr Service revenue $130

(Being To record service revenue)

Oct. 27

Dr Decrease Liabilities

Dr Accounts payable $600

Cr Decrease Assets

Cr Cash $600

(Being To record payment of office furniture)

Oct. 30

Dr Increase Expenses

Dr Salaries and wages expense $2,500

Cr Decrease Assets

Cr Cash $2,500

(Being To record salaries expense)

4 0
3 years ago
Which is a short-term consequence of making a late payment on your bill
AysviL [449]

Answer:

Which is a short-term consequence of making a late payment on your bill? There will be a late fee added to the bill.

8 0
3 years ago
Match each type of tariff with an example of its use.
Anna35 [415]

a. revenue tariff----------------a 6% tariff on oranges to provide money for the government.


Revenue tariff alludes to a set of rates planned for expanding public revenue. It can likewise be said as a tax exacted on import and fare to fund-raise for the government. Revenue tariff is any schedule or arrangement of rates or changes that are proposed to create income for the government.  

b. protective tariff---------a 50% tariff on oranges to shield domestic orange growers from international competition.


Protective tariffs are tariffs that are established with the point of ensuring a domestic industry. Tariffs are likewise forced keeping in mind the end goal to raise government income, or to decrease a bothersome action. In spite of the fact that a tariff can all the while secure household industry and procure government income, the objectives of assurance and income augmentation recommend distinctive duty rates, involving a trade off between the two points.  

c. retaliatory tariff-----------a 200% tariff on oranges to reply to a high tariff imposed by another country.


Retaliatory tariff refers to a tariff imposed as a methods for constraining a foreign government and expected to urge the give of correspondence benefits.  

Retaliatory tariff is a tariff imposed to pressure another nation into evacuating its own tariffs or making exchange concessions.

6 0
3 years ago
On March 1, 2019, Baltimore Company's beginning work in process inventory had 9,500 units. This is its only production departmen
777dan777 [17]

Answer:

Total Equivalent Units  direct materials     25200  

Total Equivalent Units  conversion costs   20,000

Explanation:

Baltimore Company

Beginning work in process inventory  9,500 units

Units Started 25,200 units

Less Ending WIP inventory 8,600 units

Units Finished   16,600

Particulars         Units           % of Completion         Equivalent Units

                                     Mat. Conversion Costs     Mat. Conversion Costs

Ending W. I.P,    8600         100        (40%)            8,600       3440

<u>Completed        16,600       100         100             16,600        16,600</u>

<u>  Total Equivalent Units                                          25200      20,000</u>

First we find the Completed Units by subtracting the ending work in process from the units started. The Equivalents units can be calculated by either adding the beginning work in process and units started or by adding Ending Wip and completed  units.  By doing the both calculations we get the same number of equivalent units.

6 0
3 years ago
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