1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
givi [52]
3 years ago
8

A solar panel dealer acquires a used panel for $9,000, with terms FOB shipping point. Compute total inventory costs assigned to

the used panel if additional costs include:_______.∙ $1,500 for sales staff salaries. ∙ $135 for shipping insurance.∙ $280 for transportation-in by train. ∙ $550 for used panel restoration.∙ $110 for online advertising. ∙ $300 for lawn care.
Business
1 answer:
zaharov [31]3 years ago
5 0

Answer: $‭9,965‬

Explanation:

FOB Shipping point is a shipping condition that means that the buyer takes over the ownership and control of the inventory as soon as the seller ships it. Everything afterwards is therefore the responsibility of the buyer.

As the following costs come after shipping, they will be included in the acquisition cost;

= Acquisition cost + shipping insurance + transportation-in by train + used panel restoration

= 9,000 + 135 + 280 + 550

= $‭9,965‬

<em>Sales staff salaries, online advertising and lawn care are not related to the inventory. </em>

You might be interested in
If a company has a required rate of return of 15%, should the following project be accepted based on these expected cash flows b
Citrus2011 [14]

Answer:

Yes

Explanation:

In order for deciding whether the company should forward or not, we have to find out the net present value which is shown below:

Year              Cash flows             Discount factor       Present value  

0                        -274000                      1                        -274000

1                           68000                    0.8696                   59130.43

2                          73000                    0.7561                    55198.49

3                           76500                    0.6575                   50299.99

4                          78000                      0.5718                   44596.75

5                          82500                     0.4972                   41017.08

6                           77000                     0.4323                    33289.22

Total present value                                                           283531.97

Net present value                                                                9531.97

Since the net present value comes in positive so the project should be accpeted

8 0
4 years ago
During a sales presentation, the salesperson, Clara, listens to her customer rather than describing her product to the customer.
aleksklad [387]

Answer:

The correct answer is letter "C": engaging in active listening.

Explanation:

Active listening is the activity by which an individual pays attention to whatever the person he is interacting with is saying. The individual might use certain phrases or gestures in between segments to let the other person know he or she is paying attention.

When it comes to sales, <em>clerks need to listen to what consumers say to find out what product better matches the clients' needs and preferences.</em>

6 0
3 years ago
If the price of a good falls by 10% and the percentage increase in the total amount consumers spend on the good is 10%, then the
lesya692 [45]

Answer:

well if you haves a 10% that's gonna be increasing but the real answer is 20% that's your answer

4 0
2 years ago
According to the law of demand, what is the relationship between price and quantity demanded?
Sindrei [870]

Answer:

According to the law of demand, there is a negative or an inverse relationship between the price of the good and the quantity demanded of that good. This means that an increase in the price of a commodity will lead to decrease the quantity demanded for this commodity and a fall in the price of a commodity will lead to an increase in the quantity demanded for this commodity.

3 0
4 years ago
A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra
Zinaida [17]

Answer:

The balance of trade will not change but the balance of payment will improve.

Explanation:

A balance of trade is defined as the difference between country's export and import value during a given period of time.

A balance of payment can be defined as a statement which keeps record of all the monetary transaction, that are made between the country's resident and rest of the world during a specific period of time.

Purchase of U.S government securities by Japanese insurance company will surely improve the balance of payment from the U.S perspective but the balance of trade with Japan is not likely going to change.

5 0
4 years ago
Other questions:
  • A _______ strategy involves accurately measuring all the factors needed to predict sales and profits at various price levels, so
    7·2 answers
  • A salesperson obtained a systematic sample of size 2020 from a list of 500500 clients. To do​ so, he randomly selected a number
    5·1 answer
  • PharmY, Inc., is a U.S. GAAP reporter that is in the pharmaceutical industry. In the current year, PharmY incurred expenditures
    11·1 answer
  • Khaling Company sold 19,000 units last year at $18.00 each. Variable cost was $14.60, and total fixed cost was $68,000. Required
    7·1 answer
  • Rank from lowest credit risk to highest credit risk the following bonds, with the same time to maturity, by their yield to matur
    6·2 answers
  • Kacey grew up sailing and still loves it today. After securing a great job after graduation, he started saving for his own sailb
    15·1 answer
  • Paladin Furnishings generated $2 million in sales during 2016, and its year-end total assets were $1.7 million. Also, at year-en
    15·1 answer
  • Suppose the most you would be willing to pay to have a freshly washed car before going out on a date is $8.00. The smallest amou
    6·1 answer
  • 2–2 What role do financial markets play in our economy?
    7·1 answer
  • Al manages both Brown River Apartments and Orange Acres Condominiums. These complexes are not owned by the same person. In this
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!