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3 years ago

Developing a pool of concepts to serve as candidates for new products is the __________ stage of the new-product process.

1 answer:

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It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, here is the answer. Developing a pool of concepts to serve as candidates for new products is the IDEA GENERATION stage of the new-product process. Hope this answer helps.

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A company's Inventory balance at 12/31/16 was $188,000 and $200,000 at 12/31/15. Its Accounts Payable balance at 12/31/16 was $8

slava [35]

Answer:

3) $704,000

Explanation:

The procedure will be as follow:

Based on the company's inventory we will determinate the purchases.

And then, with the account payable balance, the cash payment

First, purchases amount:

beginning inventory + purchase = ending inventory + COGS

200,000 + purchase = 188,000 + 720,000

purchases = 720,000 + 188,000 - 200,000 = 708,000

Now, we solve for payment to suppliers

begging AP + purchase - payment = ending

80,000 + 708,000 - payment = 84,000

payment = 80,000 + 708,000 - 84,000

payment= 704,000

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3 years ago

4. Firm E must choose between two alternative transactions. Transaction 1 requires a cash outlay of $9,000; this expense would b

Pie

Answer:

a. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 20%)

= $10,800

b. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 40%)

= $8,100

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3 years ago

SwimFit produces gear for swimmers, including suits, goggles, swim caps, and ear plugs. SwimFit wants to improve the quality of

Sphinxa [80]

Answer:

(E)

Explanation:

Since SwimFit wants to improve the quality of its goggles and other products inorder to achieve better quality than that of its competitor it is termed reverse engineering.

Any reproduction of another manufacturer's product after examination of how it is made is called reverse engineering.

An example of this scenario occurs in real life when a close competitor of a firm invents a new mobile phone with certain features. Within a few weeks the other firm might release their own mobile phone with similar or even better features.

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3 years ago

On April 1, Moloney Musical Instruments sold merchandise on account to Fronke's Flutes for $7,000 on Invoice 1001, terms 2/10, n

Eduardwww [97]

Answer:

The question is "Record the transactions on April 1 and April 10. View transaction list Journal entry worksheet Record the sale on April 1."

Date Account Title and Explanation Debit Credit

April 1 Account receivables $7,000

Sales revenue $7,000

April 10. Cash ($7,000*98%) $6,860

Sales discount ($7,000*2%) $140

Account receivables $7,000

3 0

3 years ago

Rent collected in advance is: Multiple Choice A shareholders' equity account in the balance sheet. A temporary account, not in t

gulaghasi [49]

Answer:

A liability account in the balance sheet.

Explanation:

When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;

Debit Cash account

Credit Unearned/Deferred rental revenue

The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.

As such, the collection of rent in advance is A liability account in the balance sheet.

3 0

3 years ago