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kotykmax [81]
3 years ago
8

Rage, a leading motor vehicle manufacturer, introduces a new superbike model. it invites proposals from independent dealers who

are willing to set up exclusive showrooms that only sell rage's superbikes. chosen dealers will sell and service the superbikes, and rage will oversee national advertising. this is most likely an example of a(n) ________.
Business
1 answer:
uysha [10]3 years ago
6 0
<span>This is most likely an example of a franchise opportunity. It could also be considered to be a hybrid type of franchise where the indepenent dealers have more leeway in how the business looks and how it is run. This would be a win/win for many independent dealers as the would still be making most of the local decisions.</span>
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QS 11-9 Recording warranty repairs LO P4 On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty
prisoha [69]

Answer:

<em>On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts</em>

<u>Recording of revenue:</u>

Cash $490 (debit)

Revenue $490 (credit)

<u>Recording of Warranty granted :</u>

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00  (credit)

$490 × 10% = $49.00

<em>On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory</em>

<u>When warranty is subsequently received:</u>

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Explanation:

<em>On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts</em>

<u>Recording of revenue:</u>

Cash $490 (debit)

Revenue $490 (credit)

<em>We Recognise Revenue to depict transfer of control of mower</em>

<u>Recording of Warranty granted :</u>

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00  (credit)

$490 × 10% = $49.00

<em>There is no option for customer to take the warranty or not, so this is a service warranty.The warranty is measured at the best estimate of expenditure required to settle the obligation that is at 10% of sales.</em>

<em>On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory</em>

<u>When warranty is subsequently received:</u>

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

<em>Utilise the Warranty Provision when the warranty claim is subsequently received</em>

<em></em>

7 0
4 years ago
__________refers to an organization's ability to strategically address current business needs and successfully develop a long-te
sdas [7]

Answer:

Sustainability

Explanation:

Sustainability can simply be defined as the meeting of present needs while also making room to meet future needs as well. On another hand, sustainability can be defined as the provision of current needs without jeopardizing provision for future needs.

Sustainability aims to look at the provision or meeting of needs or obligations at present and future times, making sure that none affects the other.

Sustainability is important in any business as it the key to any business standing the test of time and becoming reputable. Also, sustainability heps a business to attract employees and customers alike, it improves the business reputation as well as maintain the joy of shareholders among  other things.

Cheers

5 0
4 years ago
Read 2 more answers
The reason that we want to develop a confidence interval for the population mean is because:_____.
Bogdan [553]

Answer:

3. the sampling distribution of the sample mean is normally distributed.

5. the value of the sample mean varies from sample to sample.

Explanation:

We develop confidence interval for population mean because

a. the sampling distribution of the sampling mean is normally distributed. For us to do this we must first ensure that the sample mean is large enough

B. The value of the sample mean is not the same for all samples it varies from sample to sample. Therefore it it is better that an internal is given with the probability that the parameter falls into it.

4 0
3 years ago
Which of the following is an example of long-term debt?
GarryVolchara [31]
Home equity loan is an example of long term debt among the choices provided in the question. The correct option among all the options that are given in the question is the last option or option "d". Long term debts are the type of debts that are not needed to be paid within a years time. I hope this helps.
6 0
3 years ago
The minimum expected rate of return of the management from any project is referred to as the:A)The hurdle rate. B)The internal r
Sunny_sXe [5.5K]

Answer:

B

Explanation:

The Internal Rate of Return (IRR) is the profitability or the ability to generate revenues of the money that remains invested during the life of a proyect. It is also known as the discount rate or cost rate that makes the Net Present Value (NPV) equal to cero. When the NPV is greater than cero, then the proyect creates value ( it is attractive to investors) if it is less than cero, then the proyect destroys value and investors are going to loose money. If the NPV is equal to cero, then investors  recover their investment but they do not obtain gains nor losses. The minimum rate of return is the one in which at least investors obtain the same amount ( in present value) of their investment; that is the internal rate of return (IRR).

6 0
3 years ago
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