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Flauer [41]
3 years ago
14

A(n) ____________________________ exists to promote the sales of a particular manufacturer’s products.

Business
2 answers:
sweet [91]3 years ago
6 0
Captive finance company
fgiga [73]3 years ago
4 0

A <u>"captive finance company"</u> exists to promote the sales of a particular manufacturer’s products.


A captive finance company is a completely claimed backup that accounts retail buys from the parent firm. They go from average sized substances to giant firms relying upon the span of the parent organization. The fundamental services of a captive finance company incorporate essential card administrations like a store credit card and full-scale banking. This can offer the parent organization a critical wellspring of benefit and limit the measure of risk exposure.

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Rage, a leading motor vehicle manufacturer, introduces a new superbike model. it invites proposals from independent dealers who
uysha [10]
<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>
6 0
3 years ago
Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
4 years ago
Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $49,0
natima [27]

Answer:

a. Dr Bad debt expense $1,617

Cr Allowance for doubtful debt $1,617

b. Dr Bad debt expense $2,205

Cr Allowance for doubtful debt $2,205

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Estimated uncollectible amount

= 5% × $49,000

= $2,450

As such, if the allowance for doubtful;

has a $833 credit balance before the adjustment

Additional allowance required

=$2450 - $833

= $1,617

Entries required are

Dr Bad debt expense $1,617

Cr Allowance for doubtful debt $1,617

b) a $245 debit balance before the adjustment.

This means that off the amount uncollectible $245 has already gone bad

Adjusting entries required amounts to

= $2450 - $245

= $2205

Dr Bad debts expense $2205

Cr Allowance for doubtful debt $2205

7 0
3 years ago
Three Guys Burgers, Inc., has offered $18 million for all of the common stock in Two Guys Fries, Corp. The current market capita
Pavlova-9 [17]

Answer:

Annual synergy gain = $ 178,500

Explanation:

Value of synergy gain from acquisition = 18 - 15.9 = 2.1 million

Annual synergy gain = 2.1 *.085 = .1785 million or $ 178,500

Annual synergy gain = $ 178,500

3 0
3 years ago
Your company may buy a used pick-up for $20,000. During the truck's five year useful life, it is estimated the firm will save $5
777dan777 [17]

Answer:

Please see explanation

Explanation:

The before tax and after tax cash flow calculation can be made through below mentioned model:

                       0                 1             2                 3                 4                   5  

Pick-up cost  (20,000)

Saving to firm               5,000       5,000         5,000          5,000          5,000

Salvage value                                                                                            3,000

Pre tax CF      (20,000) 5,000       5,000        5,000          5,000          8,000

[email protected]%                       (1,750)      (1,750)        (1,750)         (1,750)        (2,800)                    

Tax saving on dep         1,190         1,190          1,190            1,190           1,190

((20,000-3000)/5*35%)

After tax CF ($20,000)  $4,440     $4,440     $4,440        $4,440       $6,390        

4 0
4 years ago
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