Does the business able to make the most out of the fixed asset?

Jose needs a new mountain bike since his old one was run over by the garbage truck. He has seen the Trek bike company sponsoring

MakcuM [25]

Answer:

The correct answer is letter "A": branding.

Explanation:

Branding is the marketing approach by which a company creates an exclusive image, name, or design or more than one at the same time to provide consumers with a product that is different from its competitors. Typically, in the branding provides the product's core feature with an additional advantage to engage consumers in purchasing.

3 0

3 years ago

At Schwinn, managers of various new departments in the company were told, "Go out and shape the department the way you feel is b

Alinara [238K]

Answer:

Free-rein Leadership

Explanation:

Free-rein leadership popularly known as Laissez-Faire is the process where leaders gives members the freedom to make decisions. In situations like this, a larger goal or objective is set and members are given the free role to make appropriate decisions needed is completing set goal or objective. In this case, managers of various departments at Schwinn are given total freedom by their overall boss to operate their various departments the best way they see fit.

3 0

4 years ago

Which of the following is considered a purchase tax? a. income tax b. social security c. property tax d. excise tax please selec

iragen [17]

The purchase tax is paid by the consumer over a commodity. The excise tax has been considered as the purchase tax.

<h3 /><h3>What are taxes?</h3>

The taxes are the contribution to the state made to develop the contribution to the revenue. The Purchase tax has been the tax paid by the individual over the product buy.

The following tax is paid as:

Income tax: Over income
Social security: Over the protection
Property tax: Over the land owned
Excise tax: Over the purchase

Thus, the excise tax has been the type of purchase tax. Thus, option D is correct.

Learn more about purchase tax, here:

brainly.com/question/12760820

7 0

2 years ago

Read 2 more answers

Carin, a widow, elected to receive the proceeds of a $150,000 life insurance policy on the life of her deceased husband in 10 in

Keith_Richards [23]

Answer:

B. USD 2,500/-

Explanation:

She has evidently selected an annuity which will pay her USD 150,000 face value of the mentioned policy in addition to that also an amount of USD 25,000 in interest, both chunks in 10 increments, the interest is taxable.

7 0

3 years ago

During 2018, TRC Corporation has the following inventory transactions.

Soloha48 [4]

Answer:

Results are below.

Explanation:

Giving the following information:

Jan. 1 Beginning inventory 48 $40 $1,920

Apr. 7 Purchase 128 42 5,376

Jul. 16 Purchase 198 45 8,910

Oct. 6 Purchase 108 46 4,968

For the entire year, the company sells 427 units of inventory for $58 each.

Ending inventory units= 482 - 427= 55

<u>Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the cost of the lasts units remaining in inventory.</u>

Ending inventory= 55*46= $2,530

COGS= 48*40 + 128*42 + 198*45 + 53*46= $18,644

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,644= $6,122

<u>Under the LIFO (last-in, first-out) method, the ending inventory is calculated using the cost of the firsts units remaining in inventory.</u>

<u></u>

Ending inventory= 48*40 + 7*42= $2,214

COGS= 108*46 + 198*45 + 121*42= $18,960

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,960= $5,806

<u>First, we need to calculate the weighted-average cost:</u>

weighted-average cost= (40 + 42 + 45 + 46) / 4= $43.25

Ending inventory= 55*43.25= $2,378.75

COGS= 427*43.25= $18,467.75

Revenue= 427*58= $24,766

Gross profit= 24,766 - 18,467.75= $6,298.25

6 0

3 years ago