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Lynna [10]
3 years ago
7

A computer manufacturer is producing a one-of-a-kind innovation called Innovel, a cloud computing software that helps navigate I

nternet content. While making the channel decision and finalizing the distribution arrangement, the manufacturer is keen on limiting the distribution of Innovel and gives only Techaven Inc. the rights to sell Innovel in that region. Techaven is known for its unique facilities and specialized inventories. In this case, the manufacturer is using the ________ arrangement of distribution.
Business
1 answer:
Vadim26 [7]3 years ago
8 0

Answer: exclusive

Explanation:

Exclusive distribution occurs when a manufacturer authorizes only one distributor to sells its product within a particular region. It should be noted that this distribution arrangement is typically used for premium and exclusive products.

Since the manufacturer is keen on limiting the distribution of Innovel and gives only Techaven Inc. the rights to sell Innovel in that region, the this is an exclusive arrangement of distribution.

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alderwood estimates bad debt expense assuming that 1.5% of credit sales have historically been uncollectible. what is the balanc
gladu [14]

After accounting for bad debt expense, the remaining amount in the allowance for doubtful accounts is $7,950.

<h3>What is bad debt?</h3>

Bad debt, sometimes referred to as uncollectible accounts expense, is a sum of money owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for a variety of reasons, frequently due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency. Depending on accounting practices, regulatory considerations, and the institution provisioning, there are many technical definitions of what a bad debt is. Bank loans in the USA are referred to as "problem loans" if they are more than 90 days overdue. Accounting sources recommend deducting the entire amount of a bad debt from profit and loss or from a provision for bad debts as soon as it is anticipated.

To learn more about bad debt, visit:

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7 0
1 year ago
On July 1, 20x1, Fox Co. purchased as a held-to-maturity investment $5,000,000 of Owl, Inc.'s 8% bonds for $4,580,000, including
Dimas [21]

Answer:

The amount fox should report on Dec 31,20x1 = $4,556,500

Explanation:

The carrying amount of bonds = $4,580,000 - $50,000

The carrying amount of bonds = $4,530,000

Amortization of discount from july 1 to dec 31 (6 months):

Interest Revenue = $4,530,000* 10% * 6/12

Interest Revenue= $226500

Interest Receivable = $5,000,000 * 8% * 6/12

Interest Receivable = $200000

Discount amortized =Interest Revenue - Interest Receivable

Discount amortized = $226500 - $200000

Discount amortized = $26500

So:

The amount fox should report on Dec 31,20x1 = $4,530,000 + $26500

The amount fox should report on Dec 31,20x1 = $4,556,500

4 0
3 years ago
Sheffield Corp. is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Sheffield made p
vazorg [7]

Answer:

Explanation:

Date = July 1 - 21

Expenses = 3,120,000

Weighted average expenses =  3,120,000 * 6/12 = 1,560,000

Accumulated expenses = 1,560,000

Date = Sept 1 - 21

Expenses = 6,468,000

Weighted average expenses =  6,468,000 * 4/12 = 3,716,000

Accumulated expenses = 3,716,000 - 1,560,000 = 2,156,000

Date = Dec 1 - 21

Expenses = 5,870,000

Weighted average expenses =  5,870,000*0/12 = 5,870,000

Accumulated expenses = 5,870,000 - 2,156,000 = 3,716,000

Thus, the weighted-average accumulated expenditures were $3,716,000.

6 0
3 years ago
Which of the following services is most likely to be equipment-based?a) the services provided in a driving schoolb) the services
Verizon [17]

Answer:

d )the services provided by ticketing kiosks in multiplexes

Explanation:

Services in which machinery or equipment plays a significant role in delivering; for example, automatic telling machines play a significant role in the delivery of banking services.

7 0
3 years ago
Cross Town Cookies is an all-equity firm with a total market value of $695,000. The firm has 46,000 shares of stock outstanding.
Anika [276]

Answer:

$1.67

Explanation:

The amount of shares that was repurchased is:

$300,000/($4,187,100/127,500)

= 9,135 shares

Outstanding shares is:

127,500-9,135

= 118,365 shares

Therefore, the EPS is:

= [$215,600 - ($300,000×.06)]/118,365.

= $1.67

Thus, the amount EPS after the debt was issued is $1.67

3 0
3 years ago
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