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MaRussiya [10]
3 years ago
11

An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of​ a:

Business
1 answer:
DiKsa [7]3 years ago
3 0
<span>An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of​ a business. A business is economic system that includes commercial and industrial activities through production and sales or exchange of goods and services. 
</span><span>In every business there are investment and  customers . In this case the investment is buying antiques and the customers are people interested in antique works. </span>
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Honest Abe’s is a chain of furniture retail stores. Integral Designs is a furniture maker and a supplier to Honest Abe’s. Honest
guapka [62]

Answer:

The  discount rate should Honest Abe's use if it considers a project that involves the manufacturing of furniture is 12.46%

Explanation:

In this question, w e use the Capital Asset Pricing model method, which is shown below:

Expected return = Risk-free rate of return + Beta × market risk premium

                           = 3.5% + 1.12 × 8%

                            = 3.5% + 8.96%

                            = 12.46%

In this we use the Integral design beta not the Honest Abe beta

8 0
3 years ago
Walberg Associates, antique dealers, purchased the contents of an estate for $75,000. Terms of the purchase were FOB shipping po
Greeley [361]

Answer:

$3680

Explanation:

The cost of inventory is the cost incurred during assembly/preparing a product for sale and can include warehouse costs and insurance expenses.

In this case,  warehouse was $2,400, insured the shipment at a cost of $300 and refurbishing  at a cost of $980.

=$2400+$300+$980 =$3680

3 0
3 years ago
What is the discounted price for a piece of software that has a list price of $49.99 if we are discounting it by 20%? (Required)
tino4ka555 [31]

Answer:

39.992

Explanation:

divide 20 by 100 multiply it to 49.99 then subtract answer from 49.99

3 0
2 years ago
Sarasota Company sells on credits goods that cost $310,000 to Ricard Company for $409,500 on January 2, 2020. The sales price in
swat32

Answer and Explanation:

The journal entries are shown below:

Account Receivable $409,500

           To Sales Revenue $367,000

           To Unearned Service Revenue $42,500

(Being account receivable is recorded)

Cost of Goods Sold $310,000

           To Merchandised Inventory $310,000

(Being cost of goods sold is recorded)  

These two journal entries are to be recorded

7 0
3 years ago
A single-channel queuing system has an average service time of 10 minutes and an average time between customer arrivals of 15 mi
amm1812

Answer: (a ) 4 per hour (b ) 4.5 minutes (c ) 3 minutes

Explanation:

Average time between customer arrival = 15 minutes

Average service time = 10 minutes

(a) To calculate the customer arrival rate

Arrival rate = 1 / time between Arrival

= 1 / 15

= 0.066 × 60

= 4 per hour

(b) To calculate the average number of customers in queue

( Arrival time )^2 / service time ( service time - Arrival time)

= (15)^2 / 10 ( 10 - 15)

= 225 / 10 (-5)

= 225 / 50

= 4.5 minutes

(c) To calculate the average time customers spend in the system

Arrival time / service time - Arrival time

= 15 / 10 - 15

= 15/ -5

= 3 minutes

7 0
3 years ago
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