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Nostrana [21]
3 years ago
13

A false statement of a material fact regarding ownership of business property that results in a loss of sales is referred to as

__________.Multiple Choiceslander of qualitytrade libellibel of titleslander of titlenegligent interference with contractual relations
Business
1 answer:
Vedmedyk [2.9K]3 years ago
8 0

Answer: Slander of title

Explanation:

Slander of title is referred to as incorrect statement about a person or business property, products and so on. This form of public statement might be written or oral which result in harm or financial loss to the person’s property title. For example: a claim of ownership of an artwork of another person or company. Thus, it is an attack on the reputation of a business property by another party.

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Sugar and Spice Foods is famous for its cupcakes. One of the main ingredients of the cupcakes is sugar, which Sugar and Spice pu
Nostrana [21]

Answer:

A

Explanation:

The production staff changed the work flow process so that production required fewer direct labor hours than the standards allowed.

4 0
2 years ago
The Groom company has 50,000 shares of $10 par value common stock outstanding when it declares a dividend of $1 per share. What
laiz [17]

Answer:

B) Debit: Cash Dividends 50,000 Credit: Dividends Payable - Common Stock 50,000

Explanation:

At the time of declaration of dividends the proper journal entry should be:

  • Dr Retained Earnings 50,000
  • Cr Dividends Payable - Common Stock 50,000

You can use the Cash Dividends account, which is a temporary account, although it's not the best option. This account is used only when companies have not been making a profit before (retained earnings = 0), or for new companies.  

Since no payment is done, the cash account is not affected (eliminating options A, C and D).

Dividends Payable is a liability account and since it increases, it should be debited.

Cash Dividends is a temporary equity account that is debited once the company declares the dividend distribution.

3 0
3 years ago
Costs associated with two alternatives, code-named Q and R, being considered by Albiston Corporation are listed below: Alternati
Neko [114]

Answer:

Albiston Corporation

Relevant  and Irrelevant Costs:

Relevant Costs:

                      Alternative Q   Alternative R

Power costs        $36,600           $35,600

Inspection costs $32,000           $35,600

Irrelevant Costs:

                      Alternative Q   Alternative R

Supplies costs     $79,000           $79,000

Assembly costs  $48,000           $48,000

Explanation:

a) Data and Comparisons:

                      Alternative Q   Alternative R

Supplies costs     $79,000           $79,000

Power costs        $36,600           $35,600

Inspection costs $32,000           $35,600

Assembly costs  $48,000           $48,000

b) Relevant costs make a difference in the choice between alternative Q or R.  The costs that are the same in amount are not relevant.  Supplies costs and Assembly costs are two irrelevant costs, while Power costs and Inspection costs are relevant because they are not the same under the two alternatives.  They make a difference in the choice of each alternative.

4 0
3 years ago
When a business seeks a certain profit, it uses a factor to adjust its price. The factor is called a _____.?
ehidna [41]
The factor is called a profit.

Profit 
is an aim to any business establishment. This is the financial return or reward that an entrepreneur ultimate goal after the risk they have take. The moment a product is sold more than it cost to produce, then a profit is earned which can be invested again.

PROFIT = TOTAL SALES - TOTAL COSTS
6 0
3 years ago
Read 2 more answers
Producers believe the economy is headed for a recession, so they reduce their purchases of machinery and equipment.
Firlakuza [10]

Answer:

A - The Short Run Aggregate Supply curve shifts to the right. 

Explanation:

The Short Run Aggregate Supply curve plots aggreagrate price against aggreagrate quantity.

If producers believe a recession is imminent and they reduce the amount of machinery purchased, the quantity supplied would reduce shifting the Short Run Aggregate Supply curve to the left.

I hope I was able to help you.

7 0
3 years ago
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