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Marrrta [24]
3 years ago
14

How is the value of a product determine

Business
2 answers:
puteri [66]3 years ago
8 0
It mostly accepted my the seller or the buyer im preety sure!
jasenka [17]3 years ago
3 0
<span>The market value of a product is the price point that is generally accepted by seller and buyer




Hope this helps best of luck =]
</span>
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Sheldon and Morton formed a partnership with capital contributions of $80,000 and $40,000, respectively. Their partnership agree
Anastaziya [24]

Answer:

The answer is:

Sheldon: $39, 500;     Morton: $50, 500

Explanation:

A partnership is a binding agreement between two or more parties to carry on a business. The sole purpose of this agreement is to share skills and expertise so as to generate a profit. In a partnership, the partners have unlimited liability meaning that if the business established by the partners in unable to repay creditors, the creditors are legally allowed to seize the personal assets of the partners to cover the debts owing. However, in accounting for financial performance, the business is considered to be a separate entity (exists independent of the partners). Sheldon and Morton have established a profit-sharing arrangement that compensates Sheldon for the capital contribution (larger interest share) and Morton for his contributions to the business operations (larger salary share). The profit after these deductions is shared equally between the 2 partners. Assuming the given net income is after operations but before partner deductions, the share of the partners is calculated as follows:

                               Sheldon                           Morton

Interest                   $8,000                              $4,000

Salaries                  $10,000                             $25,000

Profit share            <u>$21, 500 </u>                           <u>$21, 500</u>

Total share            <u>$39, 500</u>                            <u>$50, 500</u>

Interest        (10% * $80, 000)                           (10% * $40, 000)

Profit share (50% * $43,000)                           (50% * $43,000)

Net Profit Share: $90, 000 - $(8,000 + 10,000 + 4,000 + 25,000)= $43,000

                     

8 0
3 years ago
Use the above graph to answer the following question. Which situation could cause the market for mystery books to shift from lin
Rom4ik [11]
A increase in the price of books
5 0
2 years ago
ABC bank wants to strengthen the security of its online bill-pay features. Therefore, it decides that in addition to a password,
marta [7]

Answer:

<u>multifactor authentication</u>

Explanation:

<u>Multifactor authentication:</u> The term "multifactor authentication" is described as an "electronic authentication method" whereby a computer user is able to grant access to a specific application or website only after he or she has successfully completed or presented two or more than two shreds of evidence to any authentication mechanism, for example, inherence, knowledge, and possession, etc.

<u>In the question above, the given statement represents "multifactor authentication".</u>

6 0
3 years ago
As a result of a thorough physical inventory, Horace Company determined that it had inventory worth $320,000 at December 31, 201
zimovet [89]

Answer:

The correct answer is option b) $367,000

Explanation:

Here for calculating the correct amount of inventory that Horace should report can be calculated through, by adding the inventory worth $320,000 at 31 December, 2015 with consignment given to Herschel worth $47,000, SO

Correct amount of inventory =

                        Amount of inventory on 31 December

                                                     +

                        Consignment given to Herschel

= $320,000 + $47,000

= $367,000

Here we are taking Herschel consignment in to account and that too at the historical purchase cost because Horace company has give the Herschel to sell the goods on his behalf but the transfer of ownership has not taken place here , the right to ownership here remains with the Horace and the amount at which they should be recorded is at purchase cost not selling cost.

We will also not include goods worth $ 22,000 in to the calculation because the Horace company has not received the goods physically yet, we will include those goods in to inventory on January 3 not before that.

3 0
3 years ago
A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var
FrozenT [24]

Answer:

a) 0.667

b) Yes

Explanation:

Data provided in the question:

Mean = 0.04 chip

Standard deviation, s = 0.003 chip

Lower Specification Limit, LSL  = 0.034

Upper Specification Limit, USL = 0.046

Now,

a) Capability Index = ( USL - LSL ) ÷ ( 6 × s )

or

Capability Index = ( 0.046 - 0.034 ) ÷ ( 6 × 0.003 )

= 0.667

b) Cpk = min( [( USL - Mean) ÷ ( 3s ) , ( Mean - LSL) ÷ ( 3s ))

or

Cpk = min( ( 0.046 - 0.04) ÷ (3 × 0.003 ),  ( 0.04 - 0.034 ) ÷ ( 3 × 0.003 ))

or

Cpk = min( ( 0.046 - 0.04) ÷ (3 × 0.003 ),  ( 0.04 - 0.034 ) ÷ ( 3 × 0.003 ))

or

Cpk = min( 0.667, 0.667 )

Therefore,

Cpk = 0.667

as Cp and Cpk are equal

Hence, it is ideal condition and process is capable

3 0
2 years ago
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