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LekaFEV [45]
2 years ago
9

True Tomato Inc. makes organic ketchup. To promote its products, this firm decided to make bottles in the shape of tomatoes. To

accomplish this, True Tomato worked with its bottle manufacture to create a set of unique molds for its bottles. Which of the following specialized assets does this example demonstrate?
Business
1 answer:
Amanda [17]2 years ago
3 0

Answer:

The answer is: Physical asset specificity

Explanation:

In a business to business relationship, physical asset specificity refers to an asset, or product or service designed to fit a particular or specialized customer's need.

In this case, True Tomato needs a very specific type of bottle that probably no other ketchup manufacturer may use or want to use. So their bottle supplier specifically manufactures the tomato shaped bottle to meet True Tomato's specific requirements.

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Barton Industries has operating income for the year of $3,700,000 and a 25% tax rate. Its total invested capital is $18,000,000
rusak2 [61]

Answer:

1,875,000 Economic Value Added

Explanation:

Net Operating Profit After Taxes  - Invested Capital x Weighted Average Cost of Capital = Economic Value added

This represent the return on the shareholders after their investment return is paid. It is the value generated from the investent resources.

3,700,000 x ( 1- 0.25 ) = 2,775,000 Operating Income after taxes

18,000,000 x 5% =         (900,000)  Required Return

                                        1,875,000 Economic Value Added

4 0
3 years ago
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labo
Rzqust [24]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours.

T 498:

Total direct labor-hours 80

First, we need to calculate the estimated manufacturing overhead rate for the period:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (497,000/70,000) + 2.4= $9.5 per direct labor hour.

Now we can allocate the overhead to Job 498:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 9.5*80= $760

3 0
3 years ago
Yolanda buys a house in the mountains for $450,000 which she uses as her personal vacation home. she builds an additional room o
CaHeK987 [17]
<span>Yolanda buys a house in the mountains for $450,000 which she uses as her personal vacation home. she builds an additional room on the house for $40,000. she sells the property for $560,000 and pays $28,000 in commissions and $14,000 in legal fees in connection with the sale. what is the recognized gain or loss on the sale of the house?  = </span>She gained $28,000

6 0
3 years ago
Self- owned business includes all types of business
Natasha2012 [34]
No. it includes people who work for themselves and stated only by themselves i believe.
8 0
2 years ago
Vanessa is the newest and least experienced member of the sales team at Organic Trade, Inc. In her first meeting after joining t
krok68 [10]

Answer:

Vanessa’s <u>task-oriented</u> leadership behavior is likely to be <u>ineffective</u> because <u>l</u><u>ow position power</u> <u>neutralizes</u>  this leadership behavior.

Explanation:

Vanessa is a newcomer to a company, with less time and acting experience than her staff, so her leadership behavior will be offset by her low position power. This occurs when an employee's hierarchical position does not allow certain actions, so Vanessa's actions would be neutralized and ineffective, having no impact on decision making.

4 0
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