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Ulleksa [173]
2 years ago
12

Joanna, a member, is a sole proprietor that specializes in data processing system design and installation. To facilitate her wor

k and provide additional service to her clients, Joanna purchases various products for sale to her clients. Joanna takes title to the products and assumes all of the risks of ownership. The profit on the sale of these products to her clients is: a) a referral fee b) a commission c) not allowed d) None of the above
Business
1 answer:
a_sh-v [17]2 years ago
3 0

Answer: d) None of the above

Explanation:

The profit on the sale is not a referral fee as Joanna did not facilitate a transaction between her clients and the people she bought the products for.

It is not a commission either because it is not a percentage of the products price earned as an incentive or extra fee for selling the products.

Her selling these products is allowed.

The answer is therefore None of the Above.

You might be interested in
12. The equation: quantity of output supplied = natural rate of output + a(actual price level - expected price level), where a i
PtichkaEL [24]

Answer:a. an upward-sloping short-run aggregate supply curve

Explanation:

variable a represent an upward sloping short run aggregate supply curve.

The slope of the supply curve is positive which tells us that the quantity supplied has a positive relationship with Price.When price increases the quantity supplied will increase because the law of supply states that more quantity is supplied at a higher price

7 0
3 years ago
Another bank is also offering favorable terms, so Rahul decides to take a loan of $14,000 from this bank. He signs the loan cont
nikklg [1K]

Answer: $14,426.43

Explanation:

At the end of 4 months and assuming a  12 months and 365 days in a year, the formula to be used to calculate how much Rahul owes is;

We use the formula:

Amount owed = Present Value ( 1 + rate/365 ) ^ 365 * time period

Amount owed = 14,000 * ( 1 + 0.09/365 ) ^ (365 *4/12 )

Amount owed  = $14,426.43

3 0
3 years ago
Granfield Company has a piece of manufacturing equipment with a book value of $44,000 and a remaining useful life of four years.
Troyanec [42]

Answer:

$26,000

Explanation:

The calculation of Net increase or decrease in income on replacement is shown below:-

Net savings in Variable cost for 4 years = Variable manufacturing costs × Life

= $19,800 × 4

= $79,200

Net Investment to be made in New machine = Initial investment of new machine - Traded in value of old machine

= $128,000 - $22,800

= $105,200

Net financial disadvantage of replacement = Net savings in Variable cost for 4 years - Net Investment to be made in New machine

= $79,200 - $105,200

= $26,000

So, for computing the net financial disadvantage of replacement we simply applied the above formula.

6 0
3 years ago
The _____ increased as the federal government spent more money than it made in order to provide programs for american citizens
stellarik [79]
I believe the taxes increased, because a lot of American citizens are under paid for their hard labor and work..
6 0
2 years ago
The supply curve for a given product indicates that price must be lowered in order to increase the quantity supplied.
Fed [463]

Answer:

b) False

Explanation:

The supply curve is upward sloping which shows the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

I hope my answer helps you

6 0
2 years ago
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