Answer:
physical
Explanation:
Based on the information provided within the question it can be said that these are considered to be physical assets of TWT. This refers to physical products that are owned by the company and provide that company with value. Which both the pool and machines give value to TWT because they are worth a certain amount of money and each attract customers who come strictly to use these assets.
Answer: $648 thousand
Explanation:
When calculating the Service Cost of the following formula is used,
Service cost = PBO Ending + Retire benefits - interest cost - PBO beginning
The Interest cost is based on the Actuary's discount rate which is the current cost if future obligations and is set against the opening balance.
We subtract the opening PBO because the service fee is set for this year.
Plugging in the figures we have,
= 6,504 + 624 - ( 6,000*0.08) - 6,000
= $648
$648 thousand is supposed to be the Service cost but I do not see it in the options.
Perhaps these options are for calculating something else, say the Pension expense?
Answer: Storage costs; Invoice costs; Insurance costs.
Explanation:
The costs that would be included in the recorded cost of merchandise inventory are the storage costs, the invoice cost and the insurance costs.
It should be noted that merchandise inventory has to do with the goods that have been gotten from suppliers by a distributor in order to sell them to third parties.
Answer:
$6,712,053
Explanation:
Total current assets:
= cash and marketable securities + Inventory + accounts receivables + Other current assets
= $1,235,455 + $7,149,800 + $3,465,300 + $121,455
= $11,972,010
Total current liabilities:
= accounts payable + short-term notes payable
= $4,159,357 + $1,100,600
= $5,259,957
company's net working capital:
= Total current assets - Total current liabilities
= $11,972,010 - $5,259,957
= $6,712,053
Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.