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tankabanditka [31]
3 years ago
7

ading Quiz 10: True or False: When choosing a loss leader, you should choose a product that customers buy often.​

Business
1 answer:
Igoryamba3 years ago
6 0

Answer:

yes

Explanation:

because its the most bought and you will make more money

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A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur
nata0808 [166]

Answer:

$200 (a deduction)

Explanation:

The accounting standard for inventories IAS 2 requires that inventory be carried at the lower of cost or net realizable value. Inventory will initially be recognized at the cost ( which includes the cost of the item and other associated cost such as freight ). However, its carrying amount must be reviewed to ensure it is not higher than the realizable value.

Given that the selling price is now $15 which is lower than the cost of $16, it means that the amount that can be realized from the sale of a unit is $15.

= $16 - $15

= $1

As such, an adjustment in form of a reduction of the carrying amount of $1 per unit is required. The amount of the lower cost of market adjustment the company must make as a result of this decline in value

= $1 × 200 units

= $200 (a deduction)

8 0
3 years ago
Current Attempt in Progress Incorrect answer icon Your answer is incorrect. Carla Willis will invest $34,700 today. She needs $1
Nitella [24]

Answer:

12.18%

Explanation:

Present value = $34,700

Future Value = $173,500

Time (n) = 14 years

Interest Rate = i

Future Value = Present Value * (1+i)^n

$173,500 = $34,700 * (1 + i)^14

(1 + i)^14 = $173,500/$34,700

(1 + i)^14 = 5

1 + i = 5^(1/14)

1 + i = 1.1218284

i = 1.1218284 - 1

i = 0.1218284

i = 12.18%

So, the annual interest rate she must earn is 12.18%.

4 0
3 years ago
Blaser Corporation had $1,075,000 in invested assets, sales of $1,243,000, income from operations amounting to $216,000 and a de
lawyer [7]

Answer:

Rate of return is 20%

Explanation:

Rate of return is the actual return received on a investment. In this question Blaser Corporation invested $1,075,000 in asset and earned a income of $216,000. So the rate of return is as follow

Rate of return = Income received / Investment in Assets = $216,000 / $1,075,000 = 0.200 = 20%

6 0
3 years ago
Read 2 more answers
The distribution channel most likely to be used for a new car is producer to
Furkat [3]
For the most part of the last 50 years, most most widely car distribution channel has been:

Producer to Franchise Dealer to Consumer

Many companies also rely on secondary distribution channels, either selling directly or through national distributors.

With rising costs, the 21st century might see a shift towards a more direct approach.
5 0
3 years ago
True or False Question
Len [333]

Answer:

true

Explanation:

jhonny sins approved this message

3 0
2 years ago
Read 2 more answers
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