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Ostrovityanka [42]
3 years ago
10

For a company using target costing, market price minus profit equals target price.

Business
1 answer:
Pachacha [2.7K]3 years ago
6 0

Answer:

For a company using target costing, market price minus profit equals target cost and not target price.

The correct answer is False

Explanation:

Target cost is the excess of market price over target profit margin. In target costing, the company does not fix the selling price because selling price is determined by the market.

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Coffee to
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Answer:

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Explanation:

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5 0
3 years ago
The payment made each period on an amortized loan is constant, and it consists of some interest and some principal. The closer w
qaws [65]

Answer:

The correct answer is False.

Explanation:

The amortization operation consists of regularly distributing the repayment of the principal (C0), together with the interest accrued throughout the life of the loan. The periodic payments made by the borrower are therefore intended to reimburse, extinguish or amortize the initial capital. This justifies the name of the depreciation transaction and the depreciation terms that are usually assigned to these payments.

8 0
3 years ago
Additional paid-in capital is most likely to appear on the balance sheet of a corporation that:
ArbitrLikvidat [17]

Answer:

b. has no-par value stock.

Explanation:

Additional paid-in capital represents the amount of money that shareholders have paid for their shares of stock, in excess of the par value of the stock. This is most likely to occur with no-par value stock, which has no set value assigned to each share.

7 0
2 years ago
You have purchased a machine costing $30000. The machine will be used for 2 years, and at the end of this time, its salvage valu
Harlamova29_29 [7]

Answer:

$2.07

Explanation:

the complete answer details is found in the attachment below

5 0
3 years ago
The Galindo family plans to start a small business in our neighborhood. The father
dmitriy555 [2]

Answer:

$2,625

Explanation:

Interest is calculated using the formula

I = p x r x t

For Galindo family

I= interest,

P = principal amount : $10,000

r= Interest rate: 7.5 % or 0.075

t= times in years : 3.5 years( 42 months /12)

I= $10,000 x 0.075 x 3.5

I=750 x 3.5

I=$2,625

3 0
3 years ago
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