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jasenka [17]
3 years ago
7

On March 3, Cobra Inc. purchased a desk for $330 on account. On March 22, Cobra purchased another desk for $460 also on account,

and then on March 24, Cobra paid $460 on account. At the end of March, what amount should Cobra report for desks (assuming these two desks were the only desks they had)
Business
1 answer:
Olin [163]3 years ago
4 0

Answer:

Cobra Inc.

The amount that Cobra should report for desks is $790.

Explanation:

a) Data and Calculations:

Purchases on March 3 =    $330

Purchases on March 22 = $460

Payment on March 24 =   ($460)

Amount unpaid =               $330

b) The amount that Cobra Inc. should report as Accounts Payable at the end of March is $330.  However, in reporting for the desks, it should report $790 in assets.  This amount represents the value of desks that the company is possessing, which is financed by company cash and creditors.

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Unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begi
andrezito [222]

Answer:

B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.

Explanation:

In the case when the output falls so the workers would not be laid off in a direct manner. In the first time the labor would be decreased so that the demand could be analyzed. The same would be happen in that case also where the growth picked up

Therefore in the given case, the option B is correct

And the other options are wrong

7 0
2 years ago
during step 3 of the decision making process you are identifying options it's helpful to approach this step as a ________. brain
Vika [28.1K]

Answer:

Prioritized list

Explanation:

Step 3 of the decision-making process is to identify alternatives or options. Therefore, finding many options so that the individual cannot make any wrong decision during the time of choosing the right option. If the person identifies the various options, he or she can choose the most optimal list. In that case, testing, or brainstorming activity cannot help to proceed with alternatives. Prioritizing the list will be helpful to approach in 3rd step to find the best possible options. Therefore, option D is the answer.

5 0
3 years ago
Read 2 more answers
The differences between Golden Harvest brand canning jars and Mason brand canning jars is not readily visible. Both are made of
Finger [1]

<u>Full question:</u>

The differences between Golden Harvest brand canning jars and Mason brand canning jars is not readily visible. Both are made of heavy glass that will not break easily. Through its advertising, Golden Harvest advertises that its jars are made with a glass that is 100 percent free of all impurities. In this way, Golden Harvest is using _____ to differentiate its product from those of the Mason brand.

A. hidden difference

B. differentiation cue

C. imperceptible difference

D. sensory cue

E. Perception filter

<u>Answer:</u>

In this way, Golden Harvest is using hidden difference to differentiate its product from those of the Mason brand.

<h3><u>Explanation:</u></h3>

Advertising is the usual means of obtaining a good and service perceived to a public. Hidden differences are the ones where the customers don't know what these variations are so that's why they have to be advertised. Hidden differences are not easily manifest.

Product differentiation is a purchasing plan that aims to recognize a company's goods from the opponent. Auspicious product differentiation includes recognizing and expressing the individual features of a company's presents while highlighting the clear differences among those offerings and others on the market.

3 0
3 years ago
The following events took place for Digital Vibe Manufacturing Company during January, the first month of its operations as a pr
dedylja [7]

Answer:

1.  Income Statement for Digital Vibe Manufacturing company

                    For the Month ended January 31

Sales                                                        875,000

Cost of goods sold                                  525,000

Gross Profit                                              350,000

Operating Expenses:

Selling expenses                 125,000

Administrative expenses     80,000

Total Operating expenses                       <u>205,000</u>

Net Income                                               <u>$145,000</u>

<u />

B.

1. Ending material inventory = Material purchased - Used material in production

= 168,500 - 149,250

= $19,250

2. Ending work in Process inventory = Material used in production + Direct labor + Factory overhead - Transferred of work in process to finished goods

= 149,250 + 360,000 + 120,000 - 600,000

=$29,250

3. Ending finished goods inventory = Transfer from work in progress - Cost of goods sold

= 600,000 - 525,000

= $75,000

6 0
3 years ago
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eimsori [14]

Answer: a. Computer-aided manufacturing

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Computer-aided manufacturing (CAM) is defined as the use of software and computer-controlled machinery to automate a manufacturing process and is composed entirely of software that tells a machine how to make a product through the generation of toolpaths; a machinery that can turn raw material into a finished product and a post processing unit that converts toolpaths into machine languages. Computer-aided manufacturing thus provides high–speed machine tool paths that greatly minimize cycle times, reduce tool and machine wear and general improvement in quality and accuracy of cutting.

7 0
3 years ago
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