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Ede4ka [16]
3 years ago
10

Andre Company does not segregate sales and sales taxes when it charges customers at the register. Its register total for a given

day is $5,724, which includes a 6% sales taxes. How much should be recognized as sales revenue and sales taxes payable, respectively?
a. $5,000 and $724
b. $5,437.80 and $286.20
c. $5,381 and $343
d. $5,400 and $324
e. $5,724 and $0
Business
1 answer:
ahrayia [7]3 years ago
6 0

Answer:C- $5,381 and $343

Explanation:

Andre Company had sales of $5,724 which has a 6% sales tax included in the sales.

Therefore we need to calculate what the sales tax component in the sales figure is. It is calculated thus:

Total sales including tax = $5, 724

Sales tax charged is 6%

Therefore actual sales = $5,724 * 6%

Equals $343

Adjusted sales is $5,724-$343= $5,381.

Adjusted Sales figure is $5,381

Tax on sales is $343

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The focus of a(n) __________ strategy is high sales at low cost; the high sales are typically achieved by coming up with a produ
sp2606 [1]

Answer:

Mass marketing

Explanation:

Mass marketing -

It refers to as the marketing strategy , where the focus is on the complete market rather than some specific group , is referred to as mass marketing .

It is the reverse of niche marketing .

Mass marketing requires advertising method like , television , radio , newspaper , magazine etc.

As they tries to capture large area of consumers .

Hence , from the given information of the question ,

The correct answer is mass marketing .

5 0
3 years ago
Jason, a high-school student, mows lawns for families in his neighborhood. the going rate is $12 for each lawn-mowing service. j
Snowcat [4.5K]
For the answer to the question above, I<u><em> believe the answer is </em></u><span><u><em>If Jason raises his price he would lose all his customers.</em></u></span>

Because a teenager could do that and he doesn't need an experience for lawn mowing and if you'll gonna increase your price. Be sure that you offer something additional or something special. A price hike in a competitive market is not good at all. Whether it's a big or a small business
8 0
4 years ago
The determinants of the supply of a good are any factors other than the product's ______ that cause the supply curve of the good
Vlada [557]

The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.

<h3>What is supply curve?</h3>

The supply curve can be regarded as  graphic representation which is used in showing the relationship that exist between between the cost of a good or service and  quantity supplied.

However ,  the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.

Learn more about  supply at; brainly.com/question/25308213

#SPJ1

5 0
2 years ago
X Company must purchase a new delivery truck and is using the payback method to evaluate two possible trucks. Truck 1 costs $31,
Lady_Fox [76]

Answer:

C: 4

Explanation:

The computation of the payback period is shown below:

Incremental investment in truck 2 is

= $44,000 - $31,000

= $13,000

Now

Year        Cash saving in cost    Cumulative

1                   -$1,000                    -$1,000

2                  $4,000                      $3,000

3                  $5,000                      $8,000

4                 $5,000                       $13,000

5                  $3,000                      $16,000

6                 $3,000                       $19,000

7                 $2,000                        $21,000

7 0
3 years ago
The process by which management evaluates long-term investment decisions involving long-term operational assets is called?
GalinKa [24]

The process by which management evaluates long-term investment decisions involving long-term operational assets is called capital investment analysis.

Companies and governmental organisations use capital investment analysis as a budgeting technique to evaluate the prospective profitability of a long-term investment. Long-term investments, such as those in fixed assets like machinery, equipment, or real estate, are evaluated using capital investment analysis. Finding the choice that can provide the maximum return on investment is the aim of this approach. Businesses may employ a variety of approaches to conduct capital investment analysis, which entails computing the cost of financing, the risk-return of the project, and the expected value of projected future cash flows from the project.

Investments in capital are risky since they entail sizable upfront costs for assets meant to last for many years and that will take a long time to pay for themselves. A capital project must meet a number of fundamental criteria, one of which is an investment return that exceeds the hurdle rate, or needed rate of return, for the firm's shareholders.

Learn more about investment here brainly.com/question/17252319

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8 0
1 year ago
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