Answer:
Cost of inventory= $39,330
Explanation:
Giving the following information:
Walberg Associates, antique dealers, purchased goods for $37,800. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $1,350. Walberg Associates insured the shipment at a cost of $180. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $520.
Cost of inventory= purchase price + shipping + insurance
Cost of inventory= 37800 + 1350 + 180= $39,330
Answer:
A.
Explanation:
A trademark is a sign capable of identifying and distinguishing in the marketplace the products of one enterprise from those of other enterprises. The term “products” encompasses both goods and services.
The trademark can be different from the company business registration. A trade name cannot be registered as a trademark unless it also functions as a trademark.
TYPES OF TRADEMARKS
:
-Trade marks: to distinguish goods
-Service marks: to distinguish services
-Collective marks: to distinguish goods or services by members of an association
-Certification marks
-Well-known marks: benefit from stronger protection
-Trade name vs. Trade mark
The missing words in the statement are Market Economy and Command Economy. In the statement, it described the Command Economy as one of the economic systems which the government is dominant in the decision. But it contradicts with the Market Economy, it allows the individuals or firms to make a decision in the economy.
Answer:
The correct answer is option c.
Explanation:
Adam Smith and other economists advocated that in a competitive industry, the total cost is minimized through the actions of the individuals who are pursuing their self-interest. It is not intended or pre-planned.
Adam Smith believed that individuals are led by an invisible hand or market forces to maximize their own profits and lead to the overall welfare of society.
If consumers and producers are allowed to make their decisions freely, it would lead to production and price determination such that all members of the society are benefited.
Answer: $74.60
Explanation:
For people who are paid biweekly, 1 withholding allowance = $161.5
4 withholding allowances = $646
Earnings after deducting withholding allowance = $1,846 - $646
Earnings after deducting withholding allowance = $1,200
For a married person who is paid biweekly, the percentage applicable to David's pay bracket is 10% on the amount over the $454
That is, 10% on $746 ($1200 - $454)
=$74.60