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VLD [36.1K]
3 years ago
10

Tell me ten different things a person would need a credit score for? Will mark Brainliest for correct answer

Business
1 answer:
timama [110]3 years ago
6 0

Answer:

360 no scope

Explanation:

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Classify each of the following costs as relevant or irrelevant to the decision at hand and briefly explain your reason. a. The p
jasenka [17]

Answer:

a. The purchase price of the old computer when replacing it with a new computer with improved features - <u>Irrelevant cost</u>

Sunk costs are considered irrelevant and the price of the old computer is a sunk cost as it has already been incurred.

b. The cost of renovations when deciding whether to build a new office building or to renovate the existing office building - <u>Relevant</u>

The cost of renovations will help the company decide which alternative is cheaper between building a new office or renovating.

c. The original cost of the current stove when selecting a new, more efficient stove for a restaurant. - <u>Irrelevant </u>

Like the first, this is a sunk cost so it is irrelevant.

d. Local tax incentives when selecting the location of a new office complex for a ­company’s headquarters. -<u> Relevant</u>

Local tax incentives could reduce cost of operation so is relevant when choosing headquarter location.

e. The fair market value (trade-in value) of the existing forklift when deciding whether to replace it with a new, more efficient model. - <u>Relevant</u>

The existing machine can be traded in for part of the cost of a new one using its market value to reduce the cost of the new one. It is relevant.

f. Fuel economy when purchasing new trucks for the delivery fleet. - <u>Relevant. </u>

Higher fuel economy can reduce cost of transportation so is a relevant cost.

g. The cost of production when determining whether to continue to manufacture the screen for a smartphone or to purchase it from an outside supplier. - <u>Relevant.</u>

This is a relevant cost because the it will help the company decide the cheaper alternative.

h. The cost of land when determining where to build a new call center. - <u>Relevant.</u>

Some land will be in areas that will have higher real estate prices. Your preferred cost of land will help determine which areas to look for locations in.

i. The average cost of vehicle operation when purchasing a new delivery van. - <u>Relevant.</u>

If this cost is too high it will increase expenses. It is a relevant cost to note for cost maximisation.

j. Real estate property tax rates when selecting the location for a new order processing center. - <u>Relevant</u>

Real estate taxes need to be known so that cost estimation can be made on the order processing center.

6 0
3 years ago
Pepsodent launched a new product that could whiten teeth, fight decay, and maintain fresh breath. Observing that Pepsodent did n
Schach [20]

Answer: Flank attack

Explanation:

Flank attack is a strategy in marketing that is adopted by a competing business to take advantage of an area their competitor is weak at or not paying attention to. It is a strategy used against leading business that are performing less than what is expected in certain segment.

6 0
4 years ago
Evan Company reports net income of $140,000 each year and declares an annual cash dividend of $50,000. The company holds net ass
marissa [1.9K]

Answer:

D. $708,000

Explanation:

Step 1: Calculate the Value in excess of Cost over book value for the acquistion

a. Shalina Purchased 40% or Evans outstanding stock for $600,000

b. Evan's  net assets was $1,200,000 on that same January 1, 2017

To calculate the excess value

Evan's Net Assets                                                                         $1,200,000

The Book value of Shalina's acquisition ( 40% x $1,200,000)   $480,000

Subtract: The Cost of Acquisition by Shalina                             <u> ($600,000)</u>

Total = Excess of Cost over Book Value for Acquisition              $120,000

This excess is Assigned to Goodwill                                              $120,000

Calculate Goodwill Amortization

= Excess of Cost over book value- Goodwill = $0 (since all were assigned to Goodwill)

Step 2: Calculate the Investment of Shalina in Evan's Company as at 31st December, 2019

Investment Cost by Shalina                                                              $600,000

Portion of 2017 Income accrued to Shalina (40% of $140,000)      $56,000

Subract: Shalina Portion of Dividend declared (40% of $50,000) ($20,000)

Portion of 2018 Income accrued to Shalina (40% of $140,000)      $56,000

Subract: Shalina Portion of Dividend declared (40% of $50,000) ($20,000)

Portion of 2019 Income accrued to Shalina (40% of $140,000)      $56,000

Subract: Shalina Portion of Dividend declared (40% of $50,000) <u>($20,000)</u>

Shalina's Investment in Evan as at 31st December, 2019            <u>$708,000</u>

<u>Note: </u>Since, Evans company declares the same profit of $140,000 and dividend of $50,000 yearly, it means Shalina's portion of investment should be calculated based on these same figures for the three years.

6 0
3 years ago
Kendra works as an independent representative for a jewelry company. She holds "parties" in peoples' homes where she can display
katrin2010 [14]

Answer:

The form of retailing that this represents is non-store retailing,  specifically direct selling.

Explanation:

The types of retailing are: store retailing and non-store retailing. Non-store retailing is when the sells occur outside of the store and it has different types. In this case, it is direct selling because it refers to sells where the sales person works on its own and makes demonstrations and Kendra holds parties in peoples' homes to display and talk about the jewelry she sells.

3 0
3 years ago
What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet?
CaHeK987 [17]

Answer: A. Expenses are increased

B. Net income is reduced

E. A liability (such as salaries payable) will be increased.

Explanation:

An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.

The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.

7 0
3 years ago
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