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Shkiper50 [21]
3 years ago
10

Hale Company purchased two identical inventory items. The item purchased first cost $22.00. The item purchased second cost $25.0

0. Hale sold one of the inventory items for $40.00. Based on this information: A. the amount of ending inventory is $22.00 if Hale uses the LIFO cost flow method. B. the amount of gross margin is $15.00 if Hale uses the weighted average cost flow method. C. the amount of cost of goods sold is $25.00 if Hale uses the FIFO cost flow method. D. the amount of gross margin is $15.00 if Hale uses the FIFO cost flow method
Business
1 answer:
Novay_Z [31]3 years ago
6 0

Answer:

The correct answer is A. the amount of ending inventory is $22.00 if Hale uses the LIFO cost flow method

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In the case discussed, the Supreme Court held that the trademark for Coca-Cola was valid and banned another company from using a
lakkis [162]

Answer:

The Supreme Court ruled that the name Coke was so well known around the world, that it is effectively a common term for the trademarked Coca Cola. If other companies try to use similar terms like Koke for other types of products, e.g. bakery items, there is a risk that the Coca Cola company would be negatively affected by that product's image since consumers might associate Koke directly to Coca Cola.

It doesn't matter if the products were low quality or not, the courts cannot determine that, what matters is that the use of the term may negatively impact another company.

7 0
3 years ago
13. In a market system, how are the terms of exchange established? a. Consumer advocacy groups establish fair prices for items,
yuradex [85]

The forces underlying supply and demand interact to determine the market price.

<h3><u>Explanation:</u></h3>

The persons involving in the activities of trading comprises the market system. It includes sellers, buyers and others involved in trading process. They also includes the buyers, consumers, producers who are the major players of the market system who determines the economic activity in it.

The supply and demand law is the major determinant of the production of goods and services in a market economy. The natural resources, land, capital and labor are the supplies. The purchasing power of the government, consumers and business are the demands. The forces underlying supply and demand interact to determine the market price.

3 0
3 years ago
A rich uncle wants to make you a millionaire. How much money must he deposit in a trust fund paying 12% compounded quarterly at
Reptile [31]

Answer:

P=24.92 per quarter

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

s_{n} =P*\frac{(1+i)^{n}-1 }{i}

where s_{n} is the future value of the annuity, i is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

s_{60*4} =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}

we will asume that deposits are made as interest is compounded it is quarterly thats why we multiply 60 and 4 and also we divide 12% into 4, so:

1,000,000 =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}

solving P

P=24.92

8 0
3 years ago
What are five private agencies that protect consumer rights
RUDIKE [14]
The consumer protection administrative organizations battle to guarantee that people are dealt with decently, get the important data to settle on educated choices, are secured against item dangers and can utilize lawful response if necessary. Certain sorts of items draw in more direction because of their higher danger of customer damage or passing, for example, nourishment, meditates, kids' items, and cars. 
The following are the five private organizations that ensure consumer rights:

<span>Consumer Financial Protection Bureau (CFPB)


</span><span>Consumer Product Safety Commission (CPSC)

</span><span>Federal Trade Commission (FTC)

</span><span>Food and Drug Administration (FDA)

</span><span>National Highway Traffic Safety Administration (NHTSA)</span>
3 0
3 years ago
After initially self-publishing his debut novel, The Martian, author Andy Weir continued to revise and improve later versions of
Anna35 [415]

Answer:

The correct answer is letter "A": Guide product development with customer feedback.

Explanation:

Companies make market researches before starting the manufacturing of a product. However, even if a study has been conducted to have a clear idea of what consumers want, the initial product offered may not meet customers' needs for different reasons.

In such a case, <em>companies should take advantage of the feedback clients can provide about the product so those suggestions can be considered into the production process which will result in an output that matches better consumers' expectations.</em>

8 0
3 years ago
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