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3 years ago

Statement of Cost of Goods Manufactured and Income Statement

Business

1 answer:

trapecia [35]3 years ago

8 0

Answer:

operations on September 1, 2013. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $150,000 in cash for the property. According to appraisals, the land had a fair value of $108,800 and the building had a fair value of $61,200.

2. On September 1, Tristar signed a $45,000 noninterest-bearing note to purchase equipment. The $45,000 payment is due on September 1, 2014. Assume that 9% is a reasonable interest rate.

3. On September 15, a truck was donated to the corporation. Similar trucks were selling for $3,000.

4. On September 18, the company paid its lawyer $5,500 for organizing the corporation.

5. On October 10, Tristar purchased machinery for cash. The purchase price was $20,000 and $750 in freight

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Firms that sell luxury products, custom-made products, and services (like wedding planners, home builders, etc) often take the t

Illusion [34]

Answer:

One to one marketing

Explanation:

One to one marketing refers to that form of marketing wherein the seller's focus is upon identifying and satisfying individual customer needs and creating products of value, tailor made for satisfying those needs.

Under such form of marketing, the seller stresses upon knowing individual choices and preferences and then serving the customer needs on individual or one to one basis.

One to one marketing is of two forms, personalization and customization. Under the former, the seller recommends products to customers based upon their past purchase history.

Under customization , the company provides an option to the customers to get a product customized as per their requirement and needs.

5 0

4 years ago

Tar Heel Blue, Inc. has a beta of 1.8 and a standard deviation of 28%. The risk free rate is 1.5% and the market expected return

Ivan

Answer:

12.84

Explanation:

In this question, we use the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 1.5% + 1.80 × (7.8% - 1.5%)

= 1.5% + 1.80 × 6.3%

= 1.5% + 11.34%

= 12.84

Since the standard deviation is not relevant. Hence, ignored it

8 0

3 years ago

Hurwitz and Padden formed a two-person law firm as a partnership without a written agreement. They shared all proceeds on a fift

AveGali [126]

Options:

a. not entitled to more than 50 percent of the profits, because the parties historically had divided the profits fifty-fifty.

b. not entitled to more than 50 percent of the profits, because it was appropriate to apply partnership principles to an LLC when there was no operating agreement.

c. entitled to more than 50 percent of the profits, because Hurwitz would be unjustly enriched if he received 50 percent of the profits.

d. entitled to more than 50 percent of the profits, because it was the parties' intent to compensate Padden to a greater extent than Hurwitz

Answer:

Explanation:

Since neither the partnership nor the limited liability company had any partnership agreement that stated how Hurwitz and Padden would share the profits generated by the business, then the general rule of partnerships should apply, i.e. profits and losses must be divided equally among all the partners.

6 0

4 years ago

What is globalization? explain, with examples, how global companies can facilitate the creation of a global market?

kicyunya [14]

The globalization of business sectors alludes to the converging of truly unmistakable and isolate national markets into one immense worldwide commercial center. Falling hindrances to cross-outskirt exchange have made it less demanding to offer universally. It has been contended for quite a while that the tastes and inclinations of purchasers in various countries are starting to focalize on some worldwide standard, along these lines making a worldwide market.

4 0

4 years ago

Read 2 more answers

For every $100 in assets, a bank has $40 in interest-rate sensitive assets, and the other $60 in non-interest-rate sensitive ass

drek231 [11]

Answer:

the bank's profits will decrease by $0.10 per $100 of assets

Explanation:

increase in revenues increase in expenses

$40 x 5% = $2 $50 x 3% = $1.50

+$0.40 + $0.50

if the interest rates increase, the bank's revenues will increase by $0.40 for every $100 worth of assets, but its expenses will also increase and in a higher proportion. The bank's expenses will increase by $0.50, so the net change will be $0.40 - $0.50 = -$0.10 or $0.10 less profits

3 0

4 years ago