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3 years ago

Drag the tiles to the correct boxes to complete the pairs. Match the components of an income statement with their description.

Business

1 answer:

Korolek [52]3 years ago

5 0

Answer:

see below

Explanation:

1. COGS

Expenses incurred for manufacturing or obtaining the products and materials sold during a given period.

COGS are the direct expenses in the production process. They include labor, materials, and direct overheads.

2. Gross profit

Balance arrived at after deducting the expenses incurred on the goods sold from the revenue earned by selling the goods.

The revenues must exceed the expenses for a business to realize a gross profit. Otherwise, it will be a loss.

3. Operating expenses

Expenses that a business incurs to carry out its daily operations. They are the indirect cost of production. Examples include insurance, administrative, and security costs.

4. Selling expenses

Money spent on advertising, traveling, and promotions. These are the costs incurred in the selling process.

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State and local taxes

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This unique set of associations that consumers will make with the Jeep brand is referred to as brand image .

Option C

Explanation:

Marketing branding analyzes and designs the image of a brand throughout the market. For sales and marketing, it is important to develop a good connection to the target market. The commodity, its appearance, quality, and labelling, etc. are the measurable aspects of brand management.

Brand Image is an idea or perception that consumers create in their head within a certain period of time about a specific brand. The brand image can be characterized as the vision and interaction of current and potential customers with the brand. The company photo ultimately fills the customer's mind. Brand image can be similar or completely opposite to brand identity.

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3 years ago

Cash interest is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will

sergeinik [125]

Answer:

Under the effective interest method, as a bond approaches maturity, the interest expense decreases while the amortization of the bond premium increases.

Explanation:

E.g. a company issues $800,000 in 8% bonds when the market rate is 7%, so the bonds price is $856,850 (semiannual coupons are paid).

Journal entry to record the issuance

Dr Cash 856,850

Cr Bonds payable 800,000

Cr Premium on bonds payable 56,850

amortization of bond premium on first coupon payment:

($856,850 x 3.5%) - ($800,000 x 4%) = $29,989.75 - $32,000 = -$2,010.25 ≈ -$2,010

Journal entry to record first coupon payment:

Dr Interest expense 29,990

Dr Premium on bonds payable 2,010

Cr Cash 32,000

amortization of bond premium on second coupon payment:

($854,840 x 3.5%) - ($800,000 x 4%) = $29,919.40 - $32,000 = -$2,080.60 ≈ -$2,081

Journal entry to record second coupon payment:

Dr Interest expense 29,919

Dr Premium on bonds payable 2,081

Cr Cash 32,000

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3 years ago

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dybincka [34]

Answer:

The correct answer is the option A: a person with a high opportunity cost of time.

Explanation:

To begin with, the opportunity cost of something is what the person sacrificies in order to be doing that thing. Therefore that when we talk about the opportunity cost of time it refers to what the person sacrificies in order to do something with that time. If the person has a high opportunity cost of time then the sacrificies that he made with that time will be higher than other person that has a low opportunity cost of time, meaning that the time spent by that person is less important than to the one that has a lot of time to spare.

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3 years ago

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soldier1979 [14.2K]

Answer:

The correct answer will be "Editing".

Explanation:

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The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.

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