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allochka39001 [22]
3 years ago
5

Pedro, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales repr

esentative at Metro Distributors Inc. and places an order for 100 printers. Metro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to Pedro at his office. In this scenario, Metro Distributors Inc. is most likely to be a(n) _____
Business
1 answer:
Sindrei [870]3 years ago
8 0

Answer:

Retailer

Explanation:

From the question we are informed about Pedro, who was an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm's office. He contacts a sales representative at Metro Distributors Inc. and places an order for 100 printers. Metro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to Pedro at his office. In this scenario, Metro Distributors Inc. is most likely to be Retailer.

A retailer can be regarded as a company or entity which buys products from a manufacturer or wholesaler then sells directly to end users or customers. A retailer can be regarded as an intermediary or middleman, with them the customers can get products from the manufacturers through them. They do this with aim of making profit.

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A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000 Sales revenue $ 2,132,000 Variable
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Answer:

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Explanation:

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3 0
3 years ago
Both Nadia and Samantha are applying to insure their car against theft. Nadia lives in a secure neighborhood, where the probabil
Sergio039 [100]

Answer:

Option B

Explanation:

Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.

3 0
3 years ago
How did the government help the economy?
melomori [17]
The government helped the economy by preventing monopolies that way small independent buissness could survive.
5 0
3 years ago
The main purpose of short-term planning is to meet your fixed expenses and plan for discretionary expenses.
Flauer [41]

The statement "The main purpose of short-term planning is to meet your fixed expenses and plan for discretionary expenses. is true. Option A

<h3>Short-term planning: what is it?</h3>

Short-term planning is often expected to take a year or less. Your daily, weekly, monthly, even quarterly and annual objectives might be considered "short-term goals." They act as stepping stones to help you achieve your primary goal.

A short-term goal is anything you can accomplish in less than a year. Short-term goals might be as simple as reading two books per month, quitting smoking, exercising twice per week, developing a morning routine, etc. The claim is thus accurate.

Click here for additional information about short-term planning.

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6 0
1 year ago
Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and
Anuta_ua [19.1K]

Answer:

c. $ 95,000 $ 0

Explanation:

<u>Calculation of cost of land acquired</u>

For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:

Consideration paid in cash (A) = $ 5,000

Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)

Total cost of new land (A+B) = $ 95,000

<em>Note 1</em>

Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)

<u>Calculation of Gain/loss on disposal of land</u>

No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)

5 0
3 years ago
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