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Darina [25.2K]
3 years ago
14

Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and originally r

etailed for $900. At the statement date, each computer has a current replacement cost of $400. What value should Switzer, Inc., have for the computers at the end of the year?
Business
1 answer:
USPshnik [31]3 years ago
3 0

Switzer Inc. should give the value of the computers at what they are currently worth to replace. After the two years, they now cost $400 to replace them so the value Switzer Inc. should place on their year end report is $400 due to that being the cost to replace in current day.

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Which of the following is considered an order winner in an automobile? Select one: a. A comfortable seating arrangement that is
Vinvika [58]

Answer:

The answer is: D) A good-quality radio particular to that brand of automobile

Explanation:

An order winner is a product´s characteristic that will make a client decide to purchase the product. Order qualifiers are products´ characteristics that makes the product be considered as a purchase option by customers. Order qualifiers are like minimum market standards that products must meet to be able to compete in that market.

In this question the only characteristic unique to the car manufacturer was the good quality radio (order winner). All the other characteristics were similar between brands or car designs.

8 0
4 years ago
2. Give three (3)<br>importance of<br>Entrepreneurship to<br>the economy.​
Firlakuza [10]

Answer:

See below

Explanation:

1. Entrepreneurs Add to National Income

Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.

2. Entrepreneurs Create Social Change

Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.

3. Community Development

Through Corporate social responsibility programs, entrepreneurs play a significant role in community development.  Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.

4 0
3 years ago
The sale price of a property is $100,000. The buyer pays $10,000 down and makes one payment of $268 on the existing loan balance
taurus [48]

Answer:

straight land contract

Explanation:

Based on the information provided within the question it can be said that the type of contract that is being illustrated in this scenario is a straight land contract. This is a contract where the interest cannot be overrided and payments are not specific, meaning that you can go paying the contract off little by little but the interest will adjust accordingly.

3 0
4 years ago
A bond has a par value of $1,000, a current yield of 7.25 percent, and semiannual coupon payments. The bond is quoted at 97.66.
zubka84 [21]

Answer:

7.08%

Explanation:

Face Value = $1,000

Current Price = 1000 x 97.66% = 976.6

Current yield = 7.25%

We can find the coupon rate by a simple formula

Coupon Rate = (Interest / Face value) x 100

We need to find interest first in order to find coupon rate

YTM = Interest / Current price

7.25% x 976.6 = Interest

70.7035 = Interest

Coupon Rate = (70.8035 / 1000) x 100

Coupon Rate = 7.08%

8 0
3 years ago
Dr. Rick Torres runs a chiropractic clinic. He typically bills his customers for services he performs and gives them about 30 da
Strike441 [17]

Answer:

<u>e) accounts receivable</u>

Explanation:

a) <em>allowance for doubtful accounts:</em> this is used to determinate a provision of uncollectible account. Customers that will not honor their debts.

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c)<em>unearned revenues: </em>used when the customer pays the service or goods but the business didn't perform or deliver. The Dr has perform his services so they revenues are earned.

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e) <u>accounts receivable: correct.</u>

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3 0
3 years ago
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