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3 years ago

Markup represents an amount needed to cover operating expenses. a. True b. False

1 answer:

8 0

Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.

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SilverFinn makes high-end jewelry for women. This jewelry is manufactured and patented in Italy. Manufacturers in Argentina crea

Nesterboy [21]

Answer: a. reduction in export opportunities from Argentina to other countries.

Explanation:

SilverFinn jewellery probably has intellectual property protection in other countries so when Argentinian producers make those counterfeits, they will be unable to sell it outside Argentina where it would not be allowed to be sold. This will reduce the export opportunities from Argentina to other countries.

It may also reduce the export opportunities of other goods from Argentina because other countries might be slow to trust that what Argentina is sending are indeed genuine goods because they have been known to counterfeit SilverFinn jewelry.

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3 years ago

Martin works as a pizza delivery person. He parks his bike outside Regalia Inc. To deliver an order. Meanwhile, a damaged book r

serg [7]

Answer:

Martin works as a pizza delivery person. He parks his bike outside Regalia Inc. To deliver an order. Meanwhile, a damaged book rack in Regalia, which is situated on the first floor of the building, falls down through an open window and crashes on his bike. However, no one admits to having seen the rack fall. Can Martin recover against Regalia for negligence?

It is a dicey situation, if Regalia Inc has a parking lots and Martin did not use it rather he just parked at his convenience, then no one will be responsible for such but if he parked at allotted space for bikes and such occurrence happened then Regalia inc will bear the cost and pay for damages.

Explanation:

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3 years ago

Item 6 Worton Distributing expects its September sales to be 20% higher than its August sales of $168,000. Purchases were $118,0

MaRussiya [10]

Answer:

Worton Distributing

he ending cash balance on September 30 is estimated to be:

= $87,440

Explanation:

a) Data and Calculations;

August September

Sales $168,000 $201,600 ($168,000 * 1.2)

Purchases $118,000 $138,000

Cash balance September 1 $28,000

Collection of sales on credit: August September

Sales $168,000 $201,600

40% month of sale 67,200 80,640

60% month following 100,800

Total cash collections $181,440

Payment for purchases: August September

Purchases $118,000 $138,000

Payment:

20% month of purchase 23,600 27,600

80% month following 94,400

Total payment for purchases $122,000

Cash budget for September

Beginning balance $28,000

Cash collections 181,440

Available cash $209,440

Cash payments 122,000

Ending balance $87,440

3 0

3 years ago

The interest rate the federal reserve charges on loans it makes to commercial banks is called the:

Aleksandr-060686 [28]

<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. :)</span>

7 0

4 years ago

The top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be t

Mkey [24]

Answer:

Strategic planning

Explanation:

Strategic planning is defined as the process by which a business outlines direction and strategy. It also involves decision on how the business will allocate it's resources to achieve its strategic goals.

Strategic plan involves formulation of mission, vision, and plan of action that will make the business achieve set goals.

In this scenario top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be to expand the overall business internationally. This is the strategic plan of the business for the next two years

3 0

3 years ago