Answer:
The correct answer is 1,900,000 dollars.
Explanation:
This question requires us to calculate the amount that the Sun angel will recognize as warrantly liability in it balance sheet for the year ended at 20x1.
The sales made during the year is 180 millions dollars. So the company will recognize the provision as follow (during the year)
(180M * 4%= 7.2M)
Debit Warrantly Expense $7.2M
Credit Liability $7.2M
Claim entertain during the year that has reduce the above recognize liabilty is
Debit Liabilty $5.3M
Credit Cash $5.3M
Liability to be reported = $7.2M - $5.3M = 1,900,000 dollars
Answer: Incorporating a corporation
Explanation:
According to the question, the given process is known as incorporating the corporation. As, the incorporation is one of the type of legal process in which the organization are used the various types of corporate entities to form a corporation.
The corporation is the type of legal entity in an organization which results into the separation of investors and the owner.
According to the question, the organizers uses the proper requirement with the help of corporation code to form a proper corporation.
Answer: The correct answer is "A) place".
Explanation: The Mall of America, while located in chilly Minneapolis, MN, is located at the intersection of major freeways, with easy access to a major airport in a thriving metropolitan area. Store location is to the retailing mix as <u>place</u> is to the marketing mix.
Answer:
E) None of these answer choices is correct.
Explanation:
<u>Overhead bases on labor hours:</u>
250 units / 25 per batch: 10 batch
total overhead cost: $ 2,000 setup per batch x 10 batch= $ 20,000
20,000 overhead cost / 1,000 labor hours = 20 dollars per hour
1,000 labor hours / 250 units of output: 4 labor hours per unit
4 labor hours x $ 20 = $ 80
<u>Overhead based on activity:</u>
Setup cost: 2,000
units per batch: 25
$ 2,000 / 25 units = $ 80
Answer:
c. marginal rate of substitution is equal to the relative price ratio of the goods.
Explanation:
we know that the costomer MRS = Px/Py , where x and y are the two goods.
MRS(x,y) = MUx/MUy = Px/Py
Therefore, The marginal rate of substitution is equal to the relative price ratio of the goods.
