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kiruha [24]
3 years ago
15

When Proctor and Gamble removed potentially dangerous dyes and chemicals from its Tide detergent product and introduced Tide Fre

e they were making a _____.a) product line contraction.b) quality modification.c) aesthetics modification.d) obsolescence factor.e) functional modification.
Business
1 answer:
PIT_PIT [208]3 years ago
8 0

Answer: e) functional modification

Explanation:

When a product undergoes functional modification, it means that its makers are aiming to improve its effectiveness and safety amongst other things.

This is usually designed to make the product more appealing to the masses and to avoid running into regulatory problems.

The removal of potentially dangerous dyes and chemicals from the Tide detergent made the product safer so is a functional modification.

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Jim has an annual income of $180,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowners i
MariettaO [177]

Answer:

$787,471.02

Explanation:

Given:

Jim's annual income = $180,000

Monthly property taxes = $140

Monthly homeowners insurance = $70

Monthly student loan payments = $178

Maximum front end DTI limit = 28%

Maximum back end DTI limit = 36%

Amortizing period = 30 years = 360 months

annual rate = 4.5% compounded monthly

Now,

Monthly salary = \frac{\textup{Annual income}}{\textup{12 months}}

or

Monthly salary = \frac{\textup{180,000}}{\textup{12 months}}

or

Monthly salary = $15,000

Maximum front end DTI limit

= (Maximum Monthly loan payment + monthly property taxes + monthly homeowner's insurance) ÷ Monthly income

0.28 × $15,000 = Maximum Monthly loan payment + $140 + $70

Maximum Monthly loan payment = $4,200 - $140 - $70

= $3,990

and,

Maximum back end DTI limit =

or

0.36 × $15,000 = Maximum Monthly loan payment + $140 + $70 + $178

or

Maximum Monthly loan payment = $5,400 - $140 - $70 - $178

= $5,012

Now,

The monthly payment = minimum of [ $3990, $5012 ]

therefore,

The monthly payment = $3,990

Thus,

The maximum amount of loan = Monthly payment × [\frac{(1-(1+\frac{r}{k})^{-kn})}{(\frac{r}{k})}]

here,

k = 12 when compounded monthly

n  = 30 years

r = 4.5% = 0.045

The maximum amount of loan = $3,990 × [\frac{(1-(1+\frac{0.045}{12})^{-12\times30})}{(\frac{0.045}{12})}]

or

The maximum amount of loan =  $787,471.02

8 0
3 years ago
Creek Corporation had $210,000 of active income, $45,000 of portfolio income, and a $230,000 passive activity loss during the ye
Mekhanik [1.2K]

Answer:

given statement is false

Explanation:

given data

active income = $210,000

portfolio income = $45,000

passive activity loss = $230,000

deduct passive activity loss = $230,000

solution

as per Topic Passive Activities

we know that Losses and Credits in IRS state here that Loss from passive activity is not allowed for current year

and here this loss will be carry forward to the next taxable year

as a similar rule is applicable to give credits from passive activities

so that given statement is false

7 0
3 years ago
Milea Inc. experienced the following events in Year 1, its first year of operations: Received $13,500 cash from the issue of com
Flura [38]

Answer:

Explanation:

Income statement

For the year ended December 31, year 1

Revenue:  

Service revenue  45000

Expense:  

Utilities expense 1100  

Salary expense 8100  

Total expense  9200

Net income  35800

Statement of Changes in Stockholders' Equity

For the Year Ended December 31, Year 1

Beginning common stock:              -    

Common stock issued       13,500  

Ending common stock        13,500

Beginning retained earnings              -    

Net income       35,800

Dividends          (1100)  

Ending retained earnings        34,700

Total stockholders' equity        48,200

Balance Sheet

As of December 31, Year 1

Assets  

Cash(13500+35270-1100-1100)       46,570

Accounts receivable(45000-35270)         9730

Total assets        56,300

Liabilities  

Salaries payable         8100

Total liabilities          8100

Stockholders' Equity  

Common stock       13,500

Retained earnings       34,700

Total stockholders' equity        48,200

Total liabilities and stockholders' equity        56,300

Statement of Cash Flows

For the Year Ended December 31, Year 1

Cash flow from operating activities  

Cash received from customers       35,270

Cash paid for utility expense       (1,100)  

Net cash flow from operating activities        34,170

Cash flow from investing activities                -  

Cash flow from financing activities  

Issuance of common stock       13,500  

Cash paid for dividends          (1100)  

Net cash flow from financing        12,500

Net change in cash        46,670

Beginning cash balance                -  

Ending cash balance        46,670

7 0
3 years ago
Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of producti
notka56 [123]

Answer:

For 20,000 units, we have 170,000

For 26,000 units, we have 266,000

Explanation:

Here, we are to calculate the expected level of income from operations.

Formulas that can come in handy from the table are;

Variable amount per unit = sales/number of units

contribution margin = Sales - Variable cost

Income from operations = Contribution margin - fixed cost

Please, kindly checked attached image for tabulated result calculations.

6 0
3 years ago
Jenny has just been hired to work at a small store. What three basic things should she expect from her employer to help protect
OverLord2011 [107]
customers are always right
don't argue with the customers
don't switch to tags
7 0
3 years ago
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