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2 years ago

15

Which of the following is not one of the eight recognized consumer rights? a. right to the satisfaction of basic needs b. right

to simplicity c. right to a healthy environment d. right to be informed

2 answers:

Elis [28]2 years ago

8 0

B. Right to simplicity

Marizza181 [45]2 years ago

5 0

Answer:

B.) right to simplicity

Explanation:

:)

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Which one of the following parties can sell shares of ABC stock in the primary market? A. ABC company B. Any corporation, other

Alexxandr [17]

Answer:

The correct answer is letter "A": ABC company.

Explanation:

Corporations and governments finance their activities by issuing stock or bonds which are <em>purchased by the public directly from the issuing corporation or government entity</em>. This is considered the primary market, which provides investors their first chance to purchase new security.

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3 years ago

A European chocolate manufacturer received several complaints from customers about the quality of its products when it began sel

Otrada [13]

climatic requirements

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3 years ago

July 1 Purchased merchandise from Boden Company for $6,200 under credit terms of 2/15, n/30, FOB shipping point, invoice dated J

Elan Coil [88]

Answer:

July 1

Dr Merchandise Inventory$6,200

Cr Accounts Payable $6,200

July 2

Dr Accounts Receivable $900

Cr Sales $900

Dr Costs of Goods Sold $517

Cr Merchandise Inventory $517

July 3

Dr Merchandise Inventory $105

Cr Cash $105

July 8

Dr Cash $1,900

Cr Sales $1,900

Dr Cost of Goods Sold $1,500

Cr Merchandise Inventory $1,500

July 9

Dr Merchandise Inventory $2,800

Cr Accounts Payable$2,800

July 11

Dr Accounts Payable $800

Cr Merchandise Inventory $800

July 12

Dr Cash $882

Dr Sales Discounts-$18

Cr Accounts Receivable $900

July 16

Dr Accounts Payable $6,200

Dr Merchandise Inventory $124

Cr Cash $6,076

July 19

Dr Accounts Receivable $1,800

Cr Sales $1,800

Dr Cost of Goods Sold $1,200

Cr Merchandise Inventory $1,200

July 21

Dr Sales Returns and allowances $300

Cr Accounts Receivable $300

July 24

Dr Accounts Payable $2,000

Cr Merchandise Inventory $40

Cr Cash -$1,960

July 30

Dr Cash $1,470

Cr Sales discounts $30

Cr Accounts receivable $1,500

July 31

Dr Accounts receivable $7,100

Cr Sales $7,100

Dr Cost of Goods Sold $5,000

Cr Merchandise Inventory $5,000

Explanation:

Preparation of journal entries to record merchandising transactions of Blink Company

July 1

Dr Merchandise Inventory$6,200

Cr Accounts Payable $6,200

July 2

Dr Accounts Receivable $900

Cr Sales $900

Dr Costs of Goods Sold $517

Cr Merchandise Inventory $517

July 3

Dr Merchandise Inventory $105

Cr Cash $105

July 8

Dr Cash $1,900

Cr Sales $1,900

Dr Cost of Goods Sold $1,500

Cr Merchandise Inventory $1,500

July 9

Dr Merchandise Inventory $2,800

Cr Accounts Payable $2,800

July 11

Dr Accounts Payable $800

Cr Merchandise Inventory $800

July 12

Dr Cash $882

($900-$18)

Dr Sales Discounts-$18

(900x.02=$18 sales disc.)

Cr Accounts Receivable $900

(882+18)

July 16

Dr Accounts Payable $6,200

Dr Merchandise Inventory $124

(6,200x.02)

Cr Cash $6,076

($6,200-$124)

July 19

Dr Accounts Receivable $1,800

Cr Sales $1,800

Dr Cost of Goods Sold $1,200

Cr Merchandise Inventory $1,200

July 21

Dr Sales Returns and allowances $300

Cr Accounts Receivable $300

July 24

Dr Accounts Payable $2,000

($2,800-$800)

Cr Merchandise Inventory $40

($2,000*2%)

Cr Cash -$1,960

($2,000-$40)

July 30

Dr Cash $1,470

($1,500-$30)

Sales discounts $30

($1,500x.02)

Cr Accounts receivable $1,500

($1,800-$300)

July 31

Dr Accounts receivable $7,100

Cr Sales $7,100

Dr Cost of Goods Sold $5,000

Cr Merchandise Inventory $5,000

8 0

3 years ago

Company A manufactures a moderately priced set of lawn games that sells for $125. The company currently manufactures and sells 2

AfilCa [17]

Answer:

$27,500

Explanation:

As mention in the question the company selling the 2000 seats

also the manufacturing cost is =$40

Direct labor cost =$15

As the seat company A =500 seats

So the Direct Material Cost= seat company A allotment *manufacturing cost

=500*40

=$20,000

Also the Direct labor cost =seat company A allotment *direct labor cost

=$500*$15

=$7500

Therefore the total relevant cost of the firm is

=Direct Material cost +Direct labor cost

=$20,000+$7500

=$27,500

5 0

3 years ago

Bob and Alice want to remodel their bathroom in 4 years. They estimate the job will cost $35,000. How much must they invest now

geniusboy [140]

Answer:

Bob and Alice want to remodel their bathroom in 4 years. They estimate the job will cost $35,000. How much must they invest now at an annual interest rate of 4% compounded quarterly to achieve their goal?

we need to use the present value formula:

present value = future value / (1 + interest rate)ⁿ = $35,000 / (1 + 1%)¹⁶ = <u>$29,848.74</u>

The Morenos invest $9000 in an account that grows to $11,000 in 4 years. What is the annual interest rate r if interest is compounded

a. Quarterly

$9,000 = $11,000 / (1 + r)¹⁶

(1 + r)¹⁶ = $11,000 / $9,000 = 1.2222

¹⁶√(1 + r) = ¹⁶√1.2222

1 + r = 1.01262

r = 0.01262 = 1.26% ⇒ quarterly interest rate

annual interest rate = 1.26% x 4 = 5.048%

b. Continuously

future value = present value x eᵃⁿ

future value = $11,000
present value = $9,000
e = 2.718
a = interest rate ???
n = 4 years

$11,000 = $9,000 x 2.718⁴ⁿ

2.718⁴ⁿ = $9,000 / $11,000 = 0.818181818

⁴√2.718⁴ⁿ = ⁴√0.818181818

2.718ⁿ = 0.95107

nlog2.718 = log0.95107

n 0.434249452 = -0.021787543

n = -0.021787543 / 0.434249452 = -0.05017, since n must be positive, then

n = 0.05017 = 5.017%

<u>D) a. 5.048% b. 5.017%</u>

6 0

3 years ago