Answer:
The correct answer is B.
Explanation:
Giving the following information:
Mary's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each.
<u>Sales revenue is the result of multiplying the number of units sold for the selling price per unit:</u>
<u></u>
Sales= 30,000*5= $150,000
A stock-split journal entry would include? A memorandum notation. If a stock split happens, it is because an company's board of directors decided to increase the amount of shares outstanding. They do this by issue more shares of the company to current stock holders but at a lower price due to the increase in quantity.
Answer:
amount that should be reported for patent amortization expense for 2018 will be $90000.27
Explanation:
given data
purchased patent = $405,000
useful life = 10 years
spent = $99,000
remaining useful life = 5 years
solution
first we get here amortization from September 1, 2016 - January 1, 2018 that is
September 1 - december 31 = 
= 0.333333
amortization = (1 + 0.333333) × (405000 ÷ 10)
amortization = $53998.65
and
now we get remaining value before defence
remaining value = $405,000 - $53998.65
remaining value = $351001.35
and
now we get here amount to be reported for patent amortization expense for 2018
amount = ( $351001.35 + $99,000 ) ÷ 5
amount = $90000.27
so amount that should be reported for patent amortization expense for 2018 will be $90000.27
Answer:
the answer to the question is A
Answer:
True
Explanation:
Willingness to pay (WTP) is the maximum amount an individual is willing to hand over or pay to procure a unit of a product or service. Willingness to pay a vital in finding the best possible price a product should be sold for and help to reach a compound for the price between both the seller and buyer.
An increase in activity costs that exceed amounts that customers are willing and able to pay for a commodity, product, goods or services should warrant the need for the reduction in price of such product.
A value-added activity is any action taken that increases the benefit of a good or service to a customer, it is the value that a product or services have to customers at any given period in the production and supply cycle and this increases customers Willingness to Pay for the product.
Businesses organizations can greatly increase the profit that they make by taking notice of such activities that increases the value of the product or services they render or offers, and those that do not add or have good valuation from the consumer, and then having to do away and discontinuing the rendering of production of products or services that are non valueable to the consumer.
