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3 years ago

9

Mr. Small, store manager for Jay's Appliance, is having a difficult time placing a selling price on a refrigerator that cost $41

0. Mr. Small knows his boss would like to have a 45 percent markup based on cost. The selling price should be

1 answer:

Dvinal [7]3 years ago

7 0

The answer is $594.50, hope this helped you

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and Associates, a law firm, paid $30000 for 12 months' rent in advance on October 1 of the current year. The company's fisca

malfutka [58]

Answer and Explanation:

The journal entries are shown below:

On Oct 1

Rent expense Dr $30,000

to cash $30,000

(being cash paid)

Here rent expense is debited as it increased the expense and credited the cash as it decreased the assets

On Dec 31

Rent expense Dr ($30,000 × 9 ÷ 12) $22,500

To prepaid rent $22,500

(being rent expense is recorded)

Here ent expense is debited as it increased the expense and credited the prepaid rent as it decreased the assets

4 0

3 years ago

Hillward Bakers Inc. has been using a logo with the letters"HB-in blue color and a baker's hat above these letters since its inc

notsponge [240]

Answer:

B) Hillward can sue Hobert since the logo has been used by Hillward and is associated with it.

Explanation:

Since Hillwards logo is an elaborate piece of creative art, then they can sue Hobert for using their logo since it was associated directly to them during the past decade. Common logos are not usually protected by copyright unless they show significant creative artwork done.

It is always better and easier to protect a logo when it is a registered trademark but even if you haven't registered it you can still sue and win for infringement. When a company uses a logo, especially for a long time, it is establishing common law trademark rights.

4 0

4 years ago

A company's production facility, consisting of two identical machines, currently caters only to product A. The annual demand for

ella [17]

Mathematically, Four machines are needed and two machines are necessary

Option B is correct

<h3>How many more machines are required?</h3>

Question Parameters:

The annual demand for the product is 4000 units.

A. Product B has an annual demand of 2000 units.

(Assume 8 hours/shift, 2 shifts/day, 250 days/year, and that no overtime is allowed).

Generally, in light of the fact that the new product will require the same facilities as that of product A and two machines was being used

We see that, Four machines are needed and two machines are necessary

Option B is correct

For more information on Machines brainly.com/question/10221970

Complete Question

A company's production facility, consisting of two identical machines, currently caters only to product A. The annual demand for the product is 4000 units. Management has now decided to introduce another product, B, which uses the same facilities as that of product A. Product B has an annual demand of 2000 units. In view of the uncertainties involved in producing two products, management desires to have an overall 10 percent capacity cushion. Given the following additional information, how many more machines are required? (Assume 8 hours/shift, 2 shifts/day, 250 days/year, and that no overtime is allowed).

No additional machines are necessary.
One additional machine is necessary.
Two additional machines are necessary.
More than two additional machines are necessary.

6 0

2 years ago

Year-to-date, Oracle had earned a −1.34 percent return. During the same time period, Valero Energy earned 7.96 percent and McDon

Stels [109]

Answer:

Portfolio Return is 1.98%.

Explanation:

Weighted Average Return is used for to Calculate Portfolio's Return.

Portfolio Return = (-0.0134 * .3) + (0.0796 * .25) + (0.0088 * .45)

= -0.00402 + 0.0199 + 0.00396 = .01984 = 1.98%.

5 0

3 years ago

Financial reports provide information that can reduce investors' uncertainty about the company's opportunities and risks, thereb

Lera25 [3.4K]

Answer:

False

Explanation:

The given statement is false Financial reports does not provide information that can reduce investors uncertainty about the company's opportunities and risks, thereby raising the company's cost of capital.

Financial report of a company contains balance sheet, income statement and discussion of the management. It also indicate company's financial health and earning potential. But it cannot reduce the risk of investors uncertainty.

4 0

3 years ago