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Assoli18 [71]
3 years ago
6

Identify the type of adjustment that would most likely be needed. Business B purchased a piece of equipment to be used in operat

ions for $5,000 during the middle of October. Today is December 31st, the end of the 4th quarter and financial reports are being produced. g
Business
1 answer:
Deffense [45]3 years ago
7 0

Answer:  c . Depreciation

Explanation:

When accounting for fixed assets, it is important that they are recorded at their book value to reflect the effects of being utilized. This means that depreciation needs to be charged on fixed assets.

Even though the equipment in question was only purchased 2.5 months prior to the financial reports being made, depreciation still needs to be accounted for such that the equipment is represented at its book value in the financial statement.

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If the firm’s beta is 1.6, the risk-free rate is 9%, and the average return on the market is 13%, what will be the firm’s cost o
Luden [163]

Answer:

CAPM= RF+B(RM-RF)

= 9+1.6(13-9)

=15.4%

13=RS+1.6*(4)

13=RS+6.4

RS=13-6.4

RS=6.6%

Explanation:

3 0
3 years ago
A holistic, evolutionary, field-based and comparative perspective________________.a. is the hallmark of all social sciences, not
kari74 [83]

Answer:

Correct Answer is " B"

b. refers only to the cultural aspects of human diversity that anthropologists study

8 0
3 years ago
A manufacturer's branch office Multiple Choice carries a producer's inventory and performs the functions of a full-service whole
zimovet [89]

Answer:

A. carries a producer's inventory and performs the functions of a full-service wholesaler

Explanation:

The answer to the question is quite clear. The question is about a manufacturer's branch office. The intent is clear, the branch office in question belongs to a particular manufacturer.

A manufacturer's branch office is typically owned and operated by the manufacturer in a location that is physically different from the manufacturing prlant and the main purpose of this branch office is for the wholesale distribution of manufactured product.

Three Different Types of Wholesalers

1. Merchant Wholesalers - These are primarily into wholesale businesses for different manufacting groups per time. They take products in large quantities from manufacturers and resell to industries, retailers and even smaller wholesalers in smaller quantities.

2. Agents, brokers and commission merchants: They are active middlemen who do not take title of goods like merchant wholesalers but are involved in negotiating on behalf of their manufacturing clients. They are most paid on commission basis based on what business they bring in.

3. Manufacturers' sales branches and offices: The Manufacturer's branch office falls under this category and they are specific wholesale outlets run by the manufacturers themselves to sell their own products.

Considering other Choices in the Question

  • Performs a sales function as an option to agents and broker- This is the description of wholesalers type two as described above
  • works for several producers and carries noncompetitive, complementary merchandise in an exclusive territory - This is the description of Merchant Wholesalers
  • takes title to merchandise but sells only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for the merchandise- This is also the description of Merchant Wholesalers
  • brings buyers and sellers together to make sales- This is the description of Agents, brokers and commission merchants.

8 0
4 years ago
What is a company's authorized share capital? ​
nadezda [96]

Answer:

Authorized share capital is the number of stock units (shares) that a company can issue as stated in its memorandum of association or its articles of incorporation. Authorized share capital is often not fully used by management in order to leave room for future issuance of additional stock in case the company needs to raise capital quickly. Another reason to keep shares in the company treasury is to retain a controlling interest in the business.

6 0
3 years ago
As an owner of a Wendy's fast-food restaurant located near a large urban university, you need to analyze your customers and dete
MrRissso [65]

Answer:

<em>Behavioral Segmentation</em>

Explanation:

<em>The method of dividing the total market into fewer homogeneous groups based on consumer purchasing behavior is  known as behavioral segmentation</em>.

Businesses or corporations perform behavioral segmentation on the basis of  buying habits from consumers such as frequency of use, brand loyalty, required benefits etc.

4 0
4 years ago
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