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grigory [225]
3 years ago
12

Gracie, inc. made a prepaid rent payment of $2,800 on january 1. the company's monthly rent is $700. the amount of prepaid rent

that would appear on the january 31 balance sheet after adjustment is
Business
1 answer:
Dominik [7]3 years ago
7 0
<span>Out of the prepaid rent of $2800, $700, the actual rent for the month of January, has to be debited to rent account and prepaid rent account will be credited. Now the prepaid rent account will show a smaller figure(2800-700 = 2100) This is the amount that will be shown in the prepaid rent account in the balance sheet. Of course it will be shown as an asset since it has a debit balance.</span>
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A company's marginal revenue function is MR=150−8x1/3, where x is the number of units. Find the revenue function. (Evaluate C so
N76 [4]

Answer:

R(x) = 150x - 6x^{4/3}

Explanation:

Marginal Revenue function = 150 - 12x^{1/3}

Revenue function = \int\limits^a_b {150 - 8x^1/3} \, dx

R(x) = 150x - 8*(x^1/3+1) / (1/3 + 1) + c

R(x) = 150x - 8*3/4x^4/3 + c

R(x) = 150x - 6x^4/3 + c

Given R(o) = 0

R(o) = 0 = O + C --- C = O

R(x) = 150x - 6x^{4/3}

6 0
3 years ago
Which reason is most important for performing an inventory and making photographs of equipment?
olasank [31]
An inventory refers to a detailed list of materials and goods in stock. These items are to be later sold or repaired. It is important to perform an inventory and to take photos of the equipment for taxing purposes, i<span>n case of possible damage or theft, and when deciding whether to purchase additional equipment.</span> 
5 0
3 years ago
Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain
PtichkaEL [24]

Answer:

joint venture

Explanation:

Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.

A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.

7 0
3 years ago
You have taken a job as an entry-level analyst, and your boss has asked you to find the expected value of Adams Furniture’s stoc
11111nata11111 [884]

Answer:

$67.20

Explanation:

Given:

Dividends paid, D₀ = $3.20

Growth rate = 5%

Required return rate = 10%

Now,

The expected value of the company’s stock

= \frac{\textup{Last dividend( 1 + growth rate)}}{\textup{required return-growth rate}}

on substituting the respective values, we have

= \frac{\$3.20\times(1+0.05)}{\textup{0.1-0.05}}

or

= $67.20

Hence, The correct answer is option $67.20

6 0
3 years ago
The Lincoln Company produces a wide range of furniture, such as cabinets, bookcases, and bureaus. It divides its consumer market
SashulF [63]

Lincoln company's strategy of dividing its consumer market will enables it to define customer needs and wants more precisely.

<h3>What is the strategy used by Lincoln company?</h3>

In marketing, this is known as segmentation which involves division of customers according to their segment such as age, needs, gender etc.

Here, as the firm has divided its consumer market into several groups that have similar interests in wooden furniture, this will allow them to define customer needs and wants more precisely.

Therefore, the Option B is correct.

Read more about segmentation

<em>brainly.com/question/7181203</em>

#SPJ1

4 0
2 years ago
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