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kramer
2 years ago
7

On January 21, 2019, Cressent, Inc. received merchandise from Neptune, Inc. On that date, Cressent found a few of these goods to

be damaged. On January 22, Cressent returned the damaged goods to the seller. Such returns will be treated as ________ by Cressent.
a) sales allowances
b) sales returns
c) purchase allowances
d) purchase returns
Business
1 answer:
IgorLugansk [536]2 years ago
7 0

Answer:

d) purchase returns

Explanation:

We are working for Cressent, we are asked for the point of view of Cressent.

The orignal transactions is purchase from Neptune therefore, is some units are damaged or simply unwanted we are facing a purchase return.

The sales returns will be from Neptune point of view.

Allowances refers to discounts on the nominal or list price. It do not related to returned goods.

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If he chose to, Rich can enforce the contract against Adrienne's estate. This is because, sickness or death of a promisor is not an avenue or excuse for non-performance in contracts such as this, which  can easily be delegated to another person for performance. 
3 0
3 years ago
Demand and cost information for a monopoly
sattari [20]

Question:

Please see the Demand and Cost information reproduced in the attached table

Answer:

The correct choice is A)

Profit if maximized where price is equal to $20.

At this price, MR = MC.

Please see the attached PDF.

Explanation:

The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:

That is, the point where MR = MC.

If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.

Cheers!  

8 0
3 years ago
Mary makes 10 pies and 20 cakes a day and her opportunity cost of producing a cake is 2 pies. Tim makes 20 pies and 10 cakes a d
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Answer:

If Mary and Tim specialize in the good in which they have a comparative​ advantage, ______.

Mary would specialize in making cakes while Tim would specialize in making pies.

Explanation:

a) Data and Calculations:

Mary's opportunity cost of making a cake = 2 pies

She can make additional 5 (10/2) cakes instead of making pies

This will increase her cakes to 25 a day (20 + 5)

Tim's opportunity cost of making a cake = 4 pies

She can make additional 40 pies (10 * 4) instead of making cakes

This will increase her pies to 60 pies a day (20 + 40)

When they specialize there will be 25 cakes and 60 pies produced in a day instead of 30 cakes and 30 pies.

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3 years ago
Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their
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making it illegal to "disturb the peace."

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The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.

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3 years ago
Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming
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The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.

<h3>What is a budgetary slack?</h3>

This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.

Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.

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