Answer and Explanation:
a. The computation of operating profit is shown below:-
Profit per unit = Purchase price from outside per unit + variable cost of production internally
= $15 - $7
= $8
Total increment in operating profit = Profit per unit × Total number of units
= $8 × 24,000
= $192,000
b. Minimum transfer price = Variable cost = $7 (because polk has overcapacity and there is no change in fixed cost and polk minimum has to recover its variable production cost)
c. Maximum transfer price = purchase cost from outside supplier = $15 (because if the internal transfer piece is more than $15 Bishop will lose so he prefers to buy from outside and the company as a whole will lose $192,000 in incremental operating profit
Damian is a sales person at Ulta store. He guides his customer about the eyeshodow palette and help make him decision.
This is an example of Personal Selling.
<h3>Personal Selling:</h3>
It is a technique in which a store has various salesperson who guides their customers by using their interpersonal skills. It is a face to face selling technique.
In this scenario Damian helps his customer to make a buy decision about an eye shadow palette. He guides his customer and tries to satisfy him with his marketing skills.
The correct answer is Personal Selling
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Answer:
B. are primarily designed to protect bondholders
Explanation:
Protective covenants are designed primarily to protect bondholders from future actions of bond issuer. They are also part of a loan agreement that limits certain actions a company may take during the course of the loan to protect the person who lend the money interests. They provide extra protection for the investors. Creditors use it to protect their interests by restricting certain activities of the issuer that could endanger the creditor's interest.
ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.
- Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement.
- It is the purchase as well as sale of long-term assets at a given period.
Therefore, Investing activities is correct.
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<span>It is definitely possible for a chemical company to produce a certain product through a thermodynamically unfavored process. An example of this process is endothermic reaction. The word endothermic means “taking in heat.” A constant input of energy, often in the form of heat, will keep an endothermic reaction going. For instance, an instant cold ice pack can get cold without putting it in the fridge or freezer. How is that? Endothermic chemical reaction.</span>