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igomit [66]
3 years ago
14

Examples of goods for which ________________ is sought include fine china and crystal, for which only high-class department stor

es such as saks fifth avenue and specialty stores such as tiffany's may be deemed appropriate.
a. intensive distribution
b. horizontal distribution
c. exclusive distribution
d. selective distribution
Business
1 answer:
maksim [4K]3 years ago
8 0
<span>Examples of goods for which exclusive distribution is sought include fine china and crystal, for which only high-class department stores such as Saks Fifth Avenue and specialty stores such as Tiffany's may be deemed appropriate. An exclusive distribution, or distribution is exclusive when only a limited amount of retailers are given the option to carry a specific product in its store. High end items are only given to approved stores to carry them to make sure they are geographically hitting their target market and the price points they can purchase items at. </span>
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On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the not
Andreyy89

Answer:

credit to interest revenue for $132

Explanation:

given data

face value = $8,800

interest rate = 6 %

time = 90 days

solution

if we see here journal entry that is

date                  particular                                   debit                      credit

October 30       cash A/C                                   $8932

                          to notes payable                                                    $8800

                          to interest revenue                                                $132

                          ( $8800× 6% × \frac{90}{360} )

so here credit to interest revenue for $132

6 0
3 years ago
The Plainfield Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .52 and a
SCORPION-xisa [38]

Answer:

$13286.84

Explanation:

Given that

Current ratio = 1.41

Current liabilities =2465

Firstly, we calculate for current assets.

Recall that,

Current ratio = current assets / current liabilities

That is,

1.41 = current assets / $2,465

Therefore,

Current assets = $2,465 × 1.41

Current assets = $3475.65

Following that

We find Net Income

Again, recall that

Profit margin = net income / Sales

Where

Profit margin = 0.09 or 9%

Sales = 10,675

0.09 = net income / $10,675

Net income = 0.09 × $10,675

Net income = 960.75

Next step is to find for return on equity

Recall that

ROE = net income / total equity

Where,

ROE was given as 0.14

We got net income as 960.75

Hence,

0.14 = 960.75 / total equity

Total equity = 960.75 / 0.14

Total equity = $6,862.5

Long term debt ratio = long term debt / (long term debt + total equity)

1 / 0.52 = 1 + long term debt / (total equity / long term debt)

0.923 = (total equity / long term debt)

$6,862.5 / long term debt = 0.923

long term debt = 7,434.99

Recall that

Total debt = Current liabilities + long term debt

Thus,

Total debt = $2,465 + $7,434.99

Total debt = 9,899.99

Total asset is given as: total debt + total equity,

Thus,

Total assets = $9,899.99 + $6,862.5

Total assets = 16,762.494

Finally,

Recall that,

Net fixed assets = total assets - current assets

Therefore,

Net fixed assets = 16,762.494 - $3475.65

Net fixed assets = $13286.84

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3 years ago
Under the Fair Credit Reporting Act, individuals rejected for insurance due to information contained in a consumer report (Choos
Lana71 [14]
I’m sorry I just need points
5 0
3 years ago
Presented below is a list of possible transactions. Analyze the effect of the 18 transactions on the financial statement categor
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Presented below is a list of possible transactions. Analyze the effect of the 18 transactions on the financial statement categories indicated. Transactions

Assets Liabilities Owners’ Equity Net Income

1. Purchased inventory for $80,000 on account (assume perpetual system is used).

2. Issued an $80,000 note payable in payment on account (see item 1 above).

3. Recorded accrued interest on the note from item 2 above.

4. Borrowed $100,000 from the bank by signing a 6-month, $112,000, zero-interest-bearing note.

5. Recognized 4 months’ interest expense on the note from item 4 above.

6. Recorded cash sales of $75,260, which includes 6% sales tax.

7. Recorded wage expense of $35,000. The cash paid was $25,000; the difference was due to various amounts withheld.

8. Recorded employer’s payroll taxes.

9. Accrued accumulated vacation pay.

10. Recorded an asset retirement obligation.

11. Recorded bonuses due to employees.

12. Recorded a contingent loss on a lawsuit that the company will probably lose.

13. Accrued warranty expense (assume expense warranty approach).

14. Paid warranty costs that were accrued in item 13 above.

15. Recorded sales of product and related service-type warranties.

16. Paid warranty costs under contracts from item 15 above.

17. Recognized warranty revenue (see item 15 above).

18. Recorded estimated liability for premium claims outstanding.

7 0
4 years ago
If this market for water were perfectly competitive instead of monopolistic, what price would be charged?
jekas [21]
If the market for water were perfectly competitive instead of monopolistic, the price that would be charged would not be able to be controlled by company, so it would be really close to the Equilibrium point.
So let's the the point is $ 120, that number will be your answer.
6 0
4 years ago
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