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geniusboy [140]
4 years ago
14

When a deposit on returnable containers is forfeited, the firm holding the deposit will experience: An increase in accounts rece

ivable. An increase in revenue. A decrease in cost of goods sold. An increase in current liabilities.
Business
1 answer:
nikklg [1K]4 years ago
8 0

Answer:

An increase in revenue

Explanation:

  • When a deposit on the returnable containers is forfeited then an increase in the revenue is made and as the originally the deposit was recorded as a current liability in the anticipation it by refunding the deposits has been earned as a revenue.  
  • Thus the container has been sold. The deposits thus had been forgotten are now sold and hence an increase of the sales and values of the product.
You might be interested in
Queen Products Company are presented below. All balance sheet data are as of December 31.
jonny [76]

Answer:

1. Asset turnover times. =1.31 times

2. Return on assets. = 7.9%

3. Return on common stockholders’ equity =10.5%

Explanation:

Asset turnover

Asset turnover indicates how efficient a business in the use of asset to generate sales. The higher the number of times the better.

Asst turnover = Turnover /Total asset

                      = 757,500/577,100

                       =1.31 times

Return on Asset

Return on asset is measure of the percentage of asset earned as income. The higher the better

Return on assets = Net income/Assets

                              = 45,500/577,100× 100

                              = 7.9%

<em />

<em>Return on Equity</em>

This measures the proportion of equity investment earned as net income. The higher the better

Return on Equity = Net income/Equity

Return on commons stockholders

= 45,500/433,400 × 100

=10.5%

7 0
3 years ago
Amount issued $400 million Offered Issued at a price of 101.50% plus accrued interest (proceeds to company 101.300%) through Fir
fomenos

Answer: $1022

Explanation:

The amount that would be paid buy one bond delivered on September 15 will be the addition of the issued price and the accrued interest. This will be:

= (1000 x 101.50%) + (1000 x 9.25% x 1/12)

= (1000 x 101.50/100) + (1000 x 9.25/100 x 1/12)

= (1000 x 1.015) + (1000 x 0.0925 x 0.0833)

= 1015 + 7.70525

= 1022

The answer is $1022.

8 0
3 years ago
A competitive advantage is based on the possession of distinctive competencies. By definition, distinctive competencies are: a.
Schach [20]

Answer:

d. firm-specific strengths that allow a company to differentiate its products from rivals or achieve lower costs than rivals.

Explanation:

Competitive advantage refers to the ability of a country or a company to produce a good or service using fewer inputs compared to its rival. The company can manufacture a larger quantity of goods using the same amount of factors of production as others.

Distinctive competencies are unique skills, methods, and practices that increase the competitiveness of a business. They are the specials traits that give an organization an advantage over competitors in producing a particular good or service. Distinctive competence may be core skills, technology, or methodology that competitors cannot replicate easily.

8 0
4 years ago
Suppose a monopolist practices perfect price discrimination. It will have A. the same total revenue but sell a larger output tha
andre [41]

A monopolist that practices perfect price discrimination will have a a greater total revenue and sell a greater output than if it were not practicing price discrimination.

A monopolist is a single seller in an industry. The monopolist produces all the output in the industry. A monopolist has a downward sloping demand curve. She also sets the price for her products

Price discrimination is when the same product is sold at different prices to customers in different markets. Perfect price discrimination is when sellers charge each consumer at their reservation price in order to eliminate consumer surplus. Perfect price discrimination encourages consumers to buy more products. This increases quantity sold.

For more information, please check: brainly.com/question/17041384

6 0
3 years ago
Consumers influence the decisions of producers in which of the following ways?
Anna11 [10]
Consumers influence the decisions of producers c) through the purchasing decisions they make.
7 0
4 years ago
Read 2 more answers
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