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nata0808 [166]
4 years ago
8

Many elementary schools participate in programs where students go out into the community on behalf of a company to sell products

from a catalog of goods, which the company ships directly to the consumer. Usually the school gets a cut of the profits and the kids are rewarded with prizes based on how much they sell. What type of channel member do the school children represent in this example?
Business
1 answer:
tigry1 [53]4 years ago
3 0

Answer: Retailers

Explanation:

One type of distribution channel is one where a company ships its goods directly to a retailer which would then sell to a customer. For instance, when a car company sells directly to a car dealership and then the car dealership sells to consumers.

This is what is happening here. The company is selling directly to the school which then sells the goods through the students, to consumers. The students and the school can therefore be said to be retailers.

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Government is typically a​ ________.
xxTIMURxx [149]
Answer: D. net demander of funds because it borrows more than it saves

The government incurs more debts than gain profits as shown by most financial reports. The government is viewed similarly to that of business firms being net demanders by loaning huge amounts to financial institutions indirectly. The indirect borrowing done by government is done through debt security selling. 
8 0
3 years ago
ierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned
hoa [83]

Answer and Explanation:

The computation of the ending balance of the work in process is shown below:

For April month

= $6,100 + $5,900

= $12,000

For May month

= $5,900 + $5,800 + $5,100 + $6,800

= $23,600

For June month

= $6,800 + $4,600

= $11,400

In this way the ending work in process is to be calculated for each month and the same is to be considered

3 0
4 years ago
Chance, Inc. sold 5,000 units of its product at a price of $172 per unit. Total variable cost per unit is $131, consisting of $9
madam [21]

Answer:

$400,000

Explanation:

Computation for the manufacturing margin for the company under variable costing

Using this formula

Manufacturing margin= Sales - Total variable production cost

Let plug in the formula

Manufacturing margin=( 5,000*$172)- (5,000*$92)

Manufacturing margin=$860,000-$460,000

Manufacturing margin= $400,000

Therefore the manufacturing margin for the company under variable costing is $400,000

7 0
3 years ago
The comparative balance sheets for Concord Corporation as of December 31 are presented below.
stiks02 [169]

Answer:

Concord Corporation

Concord Corporation

Statement of Cash Flows for the year ended December 31, 2022

Operating activities:

Net income                                $32,560

add Depreciation                        36,960

Loss from sale of equipment        1,760

Changes in working capital:

Accounts receivable                    7,040

Inventory                                      -8,316

Prepaid expenses                       5,034

Accounts payable                       7,682

Net cash from operations     $82,720

Investing activities:

Sale of equipment                   $7,040

Sale of land                             22,000

Purchase of equipment         -80,960

Net cash from investments -$51,920

Financing activities:

Dividends payment               -10,560

Net cash flows                    $20,240

Reconciliation:

Beginning cash balance    $39,600

Net cash flows                   $20,240

Ending cash balance         $59,840  

Explanation:

a) Data and Calculations:

Concord Corporation

Comparative Balance Sheets

December 31

Assets                                      2022          2021         Changes

Cash                                     $59,840    $39,600       +$20,240

Accounts receivable              44,000       51,040            -7,040

Inventory                               133,276     124,960            +8,316

Prepaid expenses                  13,446        18,480           -5,034

Land                                     127,600       114,400         +13,200

Buildings                              176,000      176,000           0

Accumulated depreciation

-buildings                           (52,800)     (35,200)         (17,600)

Equipment                          198,000      136,400         +61,600

Accumulated depreciation

-equipment                       (39,600)      (30,800)          (8,800)

Total                               $659,762    $594,880

Liabilities and Stockholders' Equity

Accounts payable           $39,362       $31,680        +$7,682

Bonds payable                264,000      264,000          0

Common stock, $1 par    176,000       140,800       +35,200

Retained earnings           180,400       158,400      +22,000

Total                              $659,762   $594,880

Additional information:

1. Depreciation $36,960

($17,600 of depreciation expense for buildings and $19,360 for equipment)

2. Sale of land at $22,000

3. Cash dividends paid $10,560

4. Net income for 2022 $32,560

5. Equipment purchase $80,960

   Equipment sales $7,040

   Loss from sale $1,760

Accumulated Depreciation $10,560

Equipment

Account Titles          Debit     Credit

Beginning balance  136,400

Cash                         80,960

Sale of equipment                19,360

Ending balance                  198,000

Sale of Equipment

Account Titles          Debit     Credit

Equipment             19,360

Accumulated depreciation   10,560

Cash                                        7,040

Loss from Sale of Equipment 1,760

6. Land $35,200 Common stock $35,200

Land

Account Titles          Debit     Credit

Beginning balance  114,400

Common stock       35,200

Cash                                        22,000

Ending balance                      127,600

5 0
3 years ago
NEED HELP! (These 3 question are all connected to each other)
mrs_skeptik [129]

Answer:

1.) The interest you will pay is 0% 2.) $270.81 or just $271 Rounded to the nearest dollar and 3.) $1,251.93 or just $1,252 Rounded to the nearest dollar.

Explanation:

3 0
3 years ago
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