Answer:
C. Cost-plus
Explanation:
Cost-plus pricing approach is an approach in which the selling price is determined by adding a specific amount markup to the product cost of production or unit cost. It is also called MARKUP pricing. It involves adding a markup to the cost of goods and services to arrive at a selling price.
In this case, a markup of $1.50 was added to the cost of producing the product $3.50, to have a selling price of $5.
Predatory lenders are lenders that manipulate borrowers to take loans that borrowers will not be able to pay back easily. For example payday loans and so on.
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The key things that set predatory lenders</h3><h3>
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- A predator lender is a firm or individual that lends money to an individual or organization under unfair or abusive loan terms. They can manipulate the borrow to agreeing with their terms through deceptive, exploitative actions for a loan.
- In common cases, the borrow either doesn't need, want or can't afford the item/loan type but they are convinced they do.
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Answer part time,self employed,entry level
Explanation:
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Answer:
(a) Plant assets that had cost $20,000 6 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $5,300.
- increases cash flows from investing activities
(b) During the year, 10,000 shares of common stock with a stated value of $10 a share were issued for $43 a share
- increases cash flows from financing activities
(c) Uncollectible accounts receivable in the amount of $27,000 were written off against Allowance for Doubtful Accounts.
- this corresponds to bad debt expense which is included in the income statement
(d) The company sustained a net loss for the year of $50,000. Depreciation amounted to $22,000, and a gain of $9,000 was realized on the sale of land for $39,000 cash.
- the net loss and the gain on the sale of land decreases the cash flows from operating activities, while the depreciation expense increases it.
- the $39,000 received will increase cash flow from investing activities
(e) A 3-month U.S. Treasury bill was purchased for $100,000. The company uses a cash and cash equivalent basis for its cash flow statement.
- not included in teh cash flow statements
(f) Patent amortization for the year was $20,000
- increases cash flow from operating activities (in a similar way than depreciation)
(g) The company exchanged common stock for a 70% interest in Tabasco Co. for $900,000.
- this is a non-cash financing and investing activity
(h) During the year, treasury stock costing $47,000 was purchased
- decreases cash flow from financing activities
