Answer:
d. joint venture.
Explanation:
A cooperative, business trust or a franchise are generally stable businesses that are formed to operate in the long run.
On the other hand, a joint venture occurs when different entities get together to do business and that can be a one time event only. In this case, Rusty was hired for spraying the fields one time only (one time event).
Answer:
It will order 3,865 booklets
Explanation:
We need to use the formula for Economic Optimal Quantity
Where:
D = annual demand
S= supply cost = ordering cost
H= Holding Cost
It will order 3,865 booklets
<u>How to Remember:</u>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
Answer:
$11,200, $2,400
Explanation:
Assume the small-country model is applicable. If the world price of the product is $6 and a tariff of $1 per unit is applied to imports of the product, then the total revenue (after tariff) going to domestic producers would be $11,200, and the total revenue (after tariff) going to foreign producers would be $2,400
Answer:
A. Bill’s collected $15,600 from customers for services related to games played in July.
Dr Cash 15,600
Cr Service revenue 15,600
B. Bill’s billed a customer for $600 for a party held at the center on the last day of July. The bill is to be paid in August.
Dr Accounts receivable 600
Cr Service revenue 600
C. The men’s and women’s bowling leagues gave Bill’s advance payments totaling $1,850 for the fall season that starts in September.
Dr Cash 1,850
Cr Unearned service revenue 1,850
D. Bill’s received $1,500 from credit sales made to customers last month (in June).
Dr Cash 1,500
Cr Accounts receivable 1,500
