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DochEvi [55]
2 years ago
14

Disadvantage of multiple chain store?​

Business
1 answer:
mote1985 [20]2 years ago
5 0

Answer:

1. more capital is needed

2. problem of customers

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Which of the following assets must be reported at the​ lower-of-cost-or-market value? A. Merchandise Inventory B. Accounts Recei
neonofarm [45]

Answer:

The correct answer is letter "A": Merchandise Inventory.

Explanation:

Lower-of-cost-or-market value is a strategy by which the costs of inventory on the company's Balance Sheet is reported at historical value -purchase cost- or market value, whatever it is lower. The lower-of-cost-or-market approach considers the value of inventory can change, meaning it can increase but it can decrease as well. For both purposes, the lower-of-cost-or-market value can be used. This technique follows the Generally Accepted Accounting Principles (GAAP).

Therefore, <em>merchandise inventory, which can fluctuate in price during a period, is reported using the lower-of-cost-or-market value method.</em>

6 0
3 years ago
In year 1, Kris purchased a new home for $200,000 by making a down payment of $150,000 and financing the remaining $50,000 with
blondinia [14]

Answer: D. $7,500

Explanation:

Before the $150,000 mortgage at 5%, the existing $40,000 balance of the loan was paid off. Therefore, only the mortgage was payable. At 5% x %150,000 = $7500 interest.

Therefore, the amount $7500 interest expense Kris will deduct as home related interest expense would be $7,500.

4 0
3 years ago
Ira orally agrees to buy a unique collection of sports memorabilia for $1,000 from Jane and sends her $250 as a down payment. Wh
OLEGan [10]

Ira should seek specific performance.

  • A particular remedy called specific performance is utilized by courts when no other option, such monetary compensation, will fully satisfy the other party. The court will choose that option instead if it will put the injured party in the same situation as if the contract had been fully completed.
  • A court may order a party to carry out a specific conduct, such as completing the contract's performance, as a form of equitable relief under the law of contracts.
  • If damages are a suitable alternative, it is normally not accessible but is typically available in the sale of land law. Contracts for personal services nearly seldom allow for specific performance.

Thus this is the answer.

To learn more about Contracts, refer: brainly.com/question/984979

#SPJ4

6 0
2 years ago
A wealthy benefactor just donated some money to the local college. This gift was established to provide scholarships for worthy
Mariulka [41]

Answer:

Worth of scholarship today =  $1,000,000

Explanation:

<em>The value of the scholarship can be determined using the present value of a growing perpetuity. A growing perpetuity is an indefinite annual payment that increases by a constant percentage.</em>

<em>The applicable formula is given below;</em>

<em>PV = A/r-g</em>

A-annual payment  one year from now - 35,000

r- interest discount rate - 9.,

g- growth rate - 5.5

The value of the gifts today

= 35,000/(0.09-0.055)

= $1,000,000

5 0
3 years ago
Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At
Anika [276]

Answer:

Continue operating; $699

Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

The AFC or average fixed cost

= ATC - AVC

= $12 - $9

= $3

The total fixed cost

= AFC\ \times Q

= \$ 3\ \times\ 233

= $699

The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

4 0
3 years ago
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