Indole is an end product created by the degradation of _______________

A retail store credited the sales revenue account for the sales price and the amount of sales tax on sales. if the sales tax rat

alexira [117]

We have to calculate the amount of the sales taxes owed to a taxing agency.
The tax rate is 5% ( 0.05 ) and the balance in the sales revenue account amounted to $294,000.
$294,000 * 0.05 = $14,700
Answer:
Amount of the sales taxes is B ) $14,700.

8 0

3 years ago

________ consist(s) of employees representing various functions of the company, such as R&D, design, production, marketing,

zubka84 [21]

Answer:

Cross functional teams

Explanation:

Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.

Under this teams are effective as each member could address the business decision from different view points.

Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.

7 0

3 years ago

Oriole Company purchased equipment for $41600. Sales tax on the purchase was $2496. Other costs incurred were freight charges of

Aleksandr [31]

Answer:

The cost of the equipment is <u>$45,416</u>.

Explanation:

The cost of a newly purchased equipment is the addition of all relevant costs uncured in order to make the equipment ready for use.

The cost of the equipment includes costs such as purchase price, tax paid on the purchase, installation costs, etc.

However, any cost incurred to repair any damage to an equipment during installation is not part of equipment cost. Such repair costs are just ordinary expenses that are charged to the income statement during the period.

Based on the explanation above, the cost of the equipment by Oriole Company can be calculated as follows:

Equipment cost = Purchase price + Sales tax + Freight charges + Installation costs ..................... (1)

Since,

Purchase price = $41,600

Sales tax on the purchase = $2.496.

Freight charges = $624

Installation costs = $696.

Substituting the values into equation (1), we have:

Equipment cost = $41,600 + $2,496 + $624 + $696 = $45,416

Therefore, the cost of the equipment is <u>$45,416</u>.

5 0

3 years ago

Squeaky Shine provides car washing services in Jersey City, New Jersey. A three-month pass for automatic car wash sells for $60,

soldi70 [24.7K]

Answer:

Explanation:

1. The journal entries are shown below:

On December 1

Cash A/c Dr $1,260

To Deferred Service Revenue $1,260

(Being cash is received)

On December 31, 2016

Deferred Service Revenue $420 ($1,260 ÷ 3 months)

To Service revenue $420

(Being service revenue is recorded)

2. Income statement

Earned income from car washing services $420

Balance sheet

Assets

Cash $1,260

Liabilities

Deferred Service Revenue $840 ($1,260 - $420)

7 0

3 years ago

A customer who shares his or her views of a firm's product and gets attention from other customers who respect these views is re

My name is Ann [436]

A customer who shares his or her views of a firm's product and gets attention from other customers who respect these views is referred to as an opinion leader.

Opinion leaders are individuals or businesses who might be professionals inside an industry or otherwise have perspectives that are both well-known and trusted. As a result, they are able to have an impact on public opinions—such as the opinions of your clients.

Merton distinguishes two varieties of opinion leadership: monomorphic and polymorphic. Typically, opinion leadership is considered as a monomorphic, domain-unique degree of individual variations, this is, someone who is an opinion leader in one field may be a follower in some other subject.

Opinion leaders act as an intermediary between marketers and their target audiences. They acquire information about a sure product, summarize its pros and cons, and bring it to clients in an easy manner. Thought leaders also replace purchasers with product information and supply recommendation on a way to use it.

Learn more about Opinion leaders here brainly.com/question/15834305

#SPJ4

4 0

2 years ago

Indole is an end product created by the degradation of ________________.