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Sidana [21]
2 years ago
12

Product recall is an example of: Select one: a. prevention costs b. appraisal costs c. internal failure costs d. external failur

e costs
Business
1 answer:
padilas [110]2 years ago
7 0

Answer:

External failure costs

Explanation:

A recall of a process is determined as a recommendation for a good or service to be returned, exchanged or replaced after a retailer or consumption watch group uncovers deficiencies that could impede performance, cause frustration or cause producers legal problems.

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A Liquidation of a partnership LO P5 Kendra, Cogley, and Mei share income and loss in a 3:2:1 ratio (in ratio form: Kendra, 3/6;
morpeh [17]

Answer:

a. Inventory is sold for $608,400.

gain on sale of inventory = $608,400 - $537,600 = $70,800

allocation of gain:

Kendra 1/2 x $70,800 = $35,400

Cogley 1/3 x $70,800 = $23,600

Mei 1/6 x $70,800 = $11,800

Dr Cash 608,400

    Cr Inventory 537,600

    Cr Gain on sale of inventory 70,800

Dr Gain on sale of inventory 70,800

    Cr Kendra, capital 35,400

    Cr Cogley, capital 23,600

    Cr Mei, capital 11,800

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Kendra, capital 112,100

Dr Cogley, capital 196,175

Dr Mei, capital 146,025

    Cr Cash 454,300

b. Inventory is sold for $469,200.

loss on sale of inventory = $469,200 - $537,600 = -$69,400

allocation of loss:

Kendra 1/2 x $68,400 = $34,200

Cogley 1/3 x $68,400 = $22,800

Mei 1/6 x $68,400 = $11,400

Dr Cash 469,200

Dr Loss on sale of inventory 68,400

    Cr Inventory 537,600

 

Dr Kendra, capital 34,300

Dr Cogley, capital 22,800

Dr Mei, capital 11,400

    Dr Loss on sale of inventory 68,400

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Kendra, capital 42,400

Dr Cogley, capital 149,775

Dr Mei, capital 122,825

    Dr Cash 315,100

c) c. Inventory is sold for $358,800 and any partners with capital deficits pay in the amount of their deficits.

loss on sale of inventory = $358,800 - $537,600 = -$178,800

allocation of loss:

Kendra 1/2 x $178,800 = $89,400

Cogley 1/3 x $178,800 = $59,600

Mei 1/6 x $178,800 = $29,800

Dr Cash 358,800

Dr Loss on sale of inventory 178,800

    Cr Inventory 537,600

 

Dr Kendra, capital 89,400

Dr Cogley, capital 59,600

Dr Mei, capital 29,800

    Dr Loss on sale of inventory 178,800

Dr Cash 12,700

    Cr Kendra, capital 12,700

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Cogley, capital 112,975

Dr Mei, capital 104,425

    Dr Cash 217,400

   

d. Inventory is sold for $298,800 and the partners have no assets other than those invested in the partnership.

loss on sale of inventory = $298,800 - $537,600 = -$238,800

allocation of loss:

Kendra 1/2 x $238,800 = $119,400

Cogley 1/3 x $238,800 = $79,600

Mei 1/6 x $238,800 = $39,800

Dr Cash 298,800

Dr Loss on sale of inventory 238,800

    Cr Inventory 537,600

 

Dr Kendra, capital 119,400

Dr Cogley, capital 79,600

Dr Mei, capital 39,800

    Dr Loss on sale of inventory 238,800

Dr Cogley, capital 28,467

Dr Mei, capital 14,233

    Cr Kendra, capital 42,700

Dr Accounts payable 258,000

    Cr Cash 258,000

Dr Cogley, capital 64,508

Dr Mei, capital 80,192

    Dr Cash 144,700

6 0
3 years ago
Liabilty to pay only under certain conditions is
AleksandrR [38]
Liability insurance or legal liability
7 0
3 years ago
What is a companys obligation to contribute to the sustainability of natural resources
FrozenT [24]

Answer:

Companies have a corporate social responsibility towards their environment.

Explanation:

Corporate social responsibility implies that companies are expected to engage in industrial practices that would not result in harm to their environment. For example, the amount of carbon being released into the environment must be controlled as excessive release of carbon can be detrimental to health. It is also not right for waste to be discharged into the oceans because the health of the sea animals, the ocean itself and those who swim in it are at risk.

To promote sustainability, companies avoid practices that would eventually harm their environment. Abiding by these practices might take a longer route, but is eventually cost effective and beneficial.

8 0
3 years ago
How to write a table of content ​
zvonat [6]

The table of contents should include all of the front matter, primary material, and back matter, as well as the chapter titles, page numbers, and bibliography. A decent table of contents should be simple to read, correctly formatted, and finalized to ensure complete accuracy.

a matrix or grid of information with columns and rows. a table including a number of mathematical calculations.

After the title page, begin a new page.

List the document's headings in alphabetical order.

Include subheadings if necessary.

Give each heading a page number.

Place the information in a table.

the Table of Contents' title.

Learn more about table here:

brainly.com/question/10670417

#SPJ9

3 0
2 years ago
Your car dealer is willing to lease you a new car for $309 a month for 72 months. Payments are due on the first day of each mont
kirza4 [7]

Answer:

PV $19,242.04

Explanation:

We will calculate the present value of an annuity using our cost of capital

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C      309

time 72

rate           0.004083333 (A)

309 \times \frac{1-(1+0.0040833)^{-72} }{0.0040833} = PV\\

PV $19,242.04

This will be the present value of the lease at our capital rate.

<em>Notes</em>

(A)The payment are on a monthly basis, so the interest rate must be monthly to. For that we divide the 4.9 percent which is annual by 12

That way the time and rate are on the same metric.

6 0
3 years ago
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