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Kaylis [27]
3 years ago
15

In a decision to drop a product, the product should be charged for rent in proportion to the space it occupies even if the space

has no alternative use and the rental payment is unavoidable.
a. True
b. False
Business
1 answer:
murzikaleks [220]3 years ago
3 0

Answer:

Correct Answer is (b) False

Explanation:

The product shouldn't be drop in such manner because it will dent the image of the company and the objective will never be achieved for as long as there are people who still derived satisfaction from such product (when there is still demands for the product).

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The beginning inventory of SoCal Wholesalers was $121,000, and the ending inventory is $116,500. What entries are needed at the
Sphinxa [80]

Answer and Explanation:

The journal entries that are required to adjust merchandise inventory is given below:

Income Summary  $121,000

        To Inventory $121,000

 (Being eliminate Beginning inventory balance is recorded)

Inventory $116,500

      To Income Summary $116,500

(Being the cost of ending inventory is recorded)  

These two entries should be recorded for adjusting merchandise inventory

5 0
3 years ago
A loan commitment of $4.43 million with an up-front fee of 60 basis points and a back-end fee of 35 basis points. The take-down
valentinak56 [21]

Answer:

Total fees paid = $2,700,085

Explanation:

Given:

Loan Amount = $4,430,000

Up-Front basis fee = 60 points

Back-end fee = 35 points

Take down = 40 %

Computation:

Up-Front basis fee = $4,430,000 x 0.0060

Up-Front basis fee = $26,580

Back-end fee = $4,430,000 x 0.0035

Back-end fee = $15,505

Take down amount = $4,430,000 x 40%

Take down amount = $1,772,000

So

Total fees paid = [$4,430,000 - $1,772,000] + $26,580  + $15,505

Total fees paid = $2,700,085

4 0
3 years ago
What motivates most entrepreneurs to go into business for themselves? A. Guaranteed health care B. Full liability C. A higher sa
luda_lava [24]
It would be D. The potential for profit
6 0
3 years ago
Read 2 more answers
Freight car loadings over an 18-week period at a busy port are as follows: A- Determine a linear trend line for expected freight
padilas [110]
The linear equation that best fits the given data is
y = 19.19x + 213.53
after data processing

In week 20 and 21, the expected loading is
y = 19.19 (20) + 213.53 = 597.33
y = 19.19 (21) + 213. 53 = 616.52

The week when the load is 776 is
776 = 19.19x + 213.53
x = 29.3 ~ 30 weeks
8 0
3 years ago
The group of runners that finished behind Usain Bolt was closely bunched and were said to have competitive parity. Burger King a
topjm [15]

Answer:

e. They have similar strategic resources and strategies

Explanation:

They have similar strategic resources and strategies because they have competitive parity which means both the firms are performing competitively.

3 0
3 years ago
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