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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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A financial institution near you advertises itself as especially oriented towards educators and teachers. What is the category t

sergij07 [2.7K]

Answer:

Credit union.

Explanation:

A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.

Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.

In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.

6 0

3 years ago

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Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value beca

Alla [95]

Answer:

C. include a credit to the equipment accumulated depreciation account.

Explanation:

Since Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should include a credit to the equipment accumulated depreciation account.

In Accounting, Depreciation can be defined as the decrease in the value of an asset (factory equipment, logistics tools etc) as a result of wear or tear, within a specific period of time. Depreciation is used for the allocation of cost to tangible assets with respect to its life expentency or within its useful life.

7 0

3 years ago

Barney builds custom wooden birdhouses. he can make 150 birdhouses per month and sell them for $50 each. his average total cost

musickatia [10]

Answer:

125 birdhouses per month

Explanation:

Barney=150 birdhouses

Total product=150 birdhouses

If Barney hires Fred

Fred =125 birdhouses

Total product=150+125

=275 birdhouses

Marginal product can be defined as a change in output as a result of a change in variable inputs

It can be calculated as follows

Marginal product=change in total product/change in variable inputs

=275-150/1

=125/1

=125 birdhouses per month

4 0

3 years ago

1. Use a real-life example to describe the following allocation methods. Hint: Use family, friends, teams, church, and/or clubs

Kitty [74]

A real-life example of the concepts are:

Brute force: The use of different numbers, trying to win the lottery.

Market: The buying and selling of ice cream at backyard sales.

Queuing: Standing in line to pay for goods at a mall

<h3>What is Queuing?</h3>

This refers to the standing in line by a group of people in order to access a particular service.

Hence, we can see that the other answers are:

Random selection: Picking one person out of four persons, through the throw of a die.

Tradition: Going to camp every year between father and son.

Equal Shares: The allocation of the same amount of food in a family

Need: The purchase of food in order to continue living.

Planned: A vacation to a foreign place that has been in the making for a long time.

Read more about allocation methods here:

brainly.com/question/17439087

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4 0

1 year ago

Thanks to reform work by jacob riis and others, the first new york city tenement legislation required that __________. tenement

faust18 [17]

"new law"

The Tenement House Act was passed and became law in 1901. Tenement houses constructed after the law passed were referred to as "new law" tenements.

4 0

3 years ago

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