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Alex_Xolod [135]
3 years ago
5

1. Explain how Merck produces TVs.

Business
1 answer:
sdas [7]3 years ago
8 0

<u>Merck & Co:</u>

Merck is a global healthcare organization that conveys inventive wellbeing arrangements through its physician recommended meds, immunizations, biologic treatments, and creature wellbeing items. View the rundown of items promoted in the United States.

It works as Merck and Co. in North America, the first Merck situated in Darmstadt holds the rights to the Merck name wherever else. Merck and Co. It is the world's seventh-biggest pharmaceutical organization by advertise capitalization and income.

Following ten years around 1967, the organization started its association in liquid crystals, prompting its market-driving job today. Liquid crystals represent the heft of Merck's benefits at present. Furthermore, presently at present, they are the world head in delivering liquid crystals for Flat-TVs and Monitors. In the region of explanatory science.

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The following events occurred for Favata Company: a. Received $10,000 cash from owners and issued stock to them. b. Borrowed $7,
Marina86 [1]

Answer:

(a)

Increase in Cash of $10,000 and Increase in Common Stock account of $10,000

Asset increases by $10,000; Owner's equity increases by $10,000. Accounting equation remains in balance.

(b)

Increase in Cash of $7,000 and Increase in Short-term Note Payable account of $7,000

Asset increases by $7,000; Liability increases by $7,000. Accounting equation remains in balance.

(c)

Increase in Fixed Asset of $800 and Increase in Account Payable account of $800

Asset increases by $800; Liability increases by $800. Accounting equation remains in balance.

(d)

Increase in Fixed Asset of $12,000, Decrease in Cash of $1,000 and Increase in Long-term Note Payable account of $11,000

Asset increases by $11,000; Liability increases by $11,000. Accounting equation remains in balance.

(e)

Increase in Fixed asset of $3,000, Decrease in Cash of $1,000 and Increase in Account Payable account of $2,000

Asset increases by $2,000; Liability increases by $2,000. Accounting equation remains in balance.

Explanation:

Explanation is given in Answer part

6 0
3 years ago
Potential employers might be interested in verifying your high school
Drupady [299]
The answer would be grades (I think)
5 0
2 years ago
An investor purchases a 30% interest in an investee company, and the investor concludes that it can exert significant influence
love history [14]
This is the answer I hope it helps you

3 0
3 years ago
Hemming uses a periodic inventory system. (a) Determine the costs assigned to ending inventory and to cost of goods sold using F
stepladder [879]

Answer:

(a) Determine the costs assigned to ending inventory and to cost of goods sold using FIFO.

Cost of Inventory 4,900

Cost of goods sold 13850

(b) Determine the costs assigned to ending inventory and to cost of goods sold using LIFO.

Cost of Inventory 6,300

Cost of goods sold 12450

(c) Compute the gross margin for each method.

Sales = 36,000

FIFO

Gross profit Margin = (36000 - 13850) / 36000 = 61.5%

Gross profit Margin = (36000 - 12450) / 36000 = 65.4%

Explanation:

The working is attached in an MS Excel file with this answer. Please find it.

7 0
3 years ago
Which type of economy lacks efficiency?
DENIUS [597]

A command economy is one in which a centralized government controls the means of production. The government determines what is produced, how it is produced and how it is distributed. Private enterprise does not exist in a command economy. The government employs all workers and unilaterally determines their wages and job duties. There are advantages and disadvantages of command economy structures. Command economy advantages include low levels of inequality and unemployment and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Because the government controls the means of production in a command economy, it determines who works where and for how much pay. This power structure contrasts sharply with a free market economy, in which private companies control the means of production and hire workers based on business needs, paying them wages set by invisible market forces. In a free market economy, the law of supply and demand dictates that workers who have unique skills in high-demand fields receive high wages for their services, while low-skill individuals in fields that are saturated with workers settle for meager wages, if they can find work at all.

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Read more: What are the advantages and disadvantages of a command economy? | Investopedia http://www.investopedia.com/ask/answers/032515/what-are-advantages-and-disadvantages-command-economy... 
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3 0
3 years ago
Read 2 more answers
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