All categories

3 years ago

Which of the following statements about packaging is the most accurate?

1 answer:

7 0

The answer is: B. For most products, packaging performs only one basic function, to protect the goods inside during shipping, handling and storage. However, this is a critical function, so packaging Must be given a high priority.

I hope this helped. If so, please mark brainliest!

You might be interested in

One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. A second

Phoenix [80]

Answer:

The correct answer is option b.

Explanation:

GDP is a measure of economic growth that shows the level of final goods and services produced in an economy in a year. It includes only final goods and services, intermediate goods are not included.

So here the value of flour used to make bread will not be included as it is an intermediate good. But the value of bread will be included. The value of the second bag of the floor will be included as it is a final good sold to the consumer.

Increase in GDP

= $3 + $2

= $5

8 0

3 years ago

Monty Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $132,800 Allowance for

creativ13 [48]

Answer: The following journal entries apply:

a) Debit Bad debt expense $32,727.6

Credit Allowance for doubtful accounts $32,727.6

b) Debit Bad debt expense $37,017.6

Credit Allowance for doubtful accounts $37,017.6

Explanation: All the sales revenue are on credit to the tune of $806,700, however, there was sales return and allowance of $51,060, which has to be deducted from credit sales to arrive at the net credit sales of $755,640. This amount would be added to the accounts receivable of $132,800 to arrive at the total accounts receivable of $888,440.

a) 4% of $888,440 is $35,537.6. With credit balance of $2,810 in allowance for doubtful accounts, bad debt expense (addition) is $32,727.6 ($35,537.6 - $2,810).

b) 4% of $888,440 is $35,537.6 and there is a debit balance of $1,480 in allowance for doubtful accounts, bad debt expense (to reinstate allowance account to $35,537.6) is $37,017.6 ($35,537.6 + $1,480).

3 0

3 years ago

The weak form of the efficient-market hypothesis asserts that stock prices do not rapidly adjust to new information contained in

Bess [88]

I really don’t know but mark me brainliest because I lost most of my points

6 0

3 years ago

True or False the following are all examples of Significant Financial Interest (SFI) for NIH.

dexar [7]

Answer:

The answer is: D) a,b, and c

Explanation:

Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.

When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.

Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.

7 0

3 years ago

The Morris Corporation has $300,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris's annual sales are

Ad libitum [116K]

Answer: 1.41

Explanation:

Given that,

Debt outstanding = $300,000

interest rate = 8% annually

annual sales = $1.5 million

average tax rate = 40%

net profit margin on sales = 4%

interest amount = 300,000 × 0.08

= $24,000

net profit = 4% of 1.5 million

= $6,000

Profit before tax = $\frac{6,000}{0.60}$

= $10,000

earning before interest and tax = profit before tax + interest

= $10,000 + $24,000

= $34,000

TIE ratio = $\frac{EBIT}{Interest}$

= $\frac{34,000}{24,000}$

= 1.41

8 0

3 years ago