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madam [21]
2 years ago
8

Seventy farmers in Morgan County joined together to hire Rusty to spray their crops one time (with his cropduster plane). These

farmers have formed a: _______
a. business trust.
b. cooperative.
c. franchise.
d. joint venture.
Business
1 answer:
Triss [41]2 years ago
3 0

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).

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On May 3, 2020, Pina Company consigned 90 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers amo
Yuki888 [10]

Answer:

a. Inventory value of units unsold in the hands of the consignee.

$ 480 * 45= $ 21600

b. The profit for the consignor for the units sold = $12,150

c. The amount of cash that will be remitted by the consignee  $10,960.4

Explanation:

a. Inventory value of units unsold in the hands of the consignee.

$ 480 * 45= $ 21600

b. The profit for the consignor for the units sold = $12,150

c. The amount of cash that will be remitted by the consignee  $10,960.4

Remittance from consignee $________

Freezers 90 *$ 470= $ 42300

Freight                     $ 870

Total Cost               $ 43,170  for 90 freezer

Cost of One freezer = $ 43170/ 90= 479.6 = $ 480

Sales            45* $750=  $ 33750

<u>Cost of 45 freezers=  $ 21600</u>

Gross Profit               12150

Installation Charges   $ 310

Advertising                $ 180

Profit                           $11660

<u>Commission                699.6</u>

Net Profit             $  10,960.4

Working : 6 % of $11660= $ 699.6

3 0
3 years ago
What types of information does the company currently maintain on markets, the marketing environment, and marketing activities?
Reil [10]

Information related to economic conditions , technology changes as well as political activity.

Explanation:

Marketing Environment is referred to as the combination of both internal and external factor which also affect the customers as well as its ability of the company. The internal environment includes various factors they are the money, people, materials as well as the markets. The internal market is under the marketers and  the market changes when the external market changes.

The external factor includes those factors which are external in nature and the marketer cannot influence the external market neither it can be controlled by the marketer.

Every company whether small or big should have a marketing environment. A company's profit , position and image depends on the external and internal environment . A marketing environment is dynamic in nature. In order to hold the market we need to analyse the market.

5 0
3 years ago
Can success be measured
Studentka2010 [4]

Answer:

yes

Explanation:

3 0
3 years ago
Read 2 more answers
According to the Capital Asset Pricing Model, investors are primarily concerned with portfolio risk, not the risks of individual
Paha777 [63]

Answer:

A) True

Explanation:

The purpose of creating a portfolio is to diversify investment and achieve risk reduction as famously conveyed by the proverb, "do not put all the eggs in a single basket".

The Capital Asset Pricing Model (CAPM) was developed by William Sharpe and John Lintner. The model explains the relationship between expected return of an investor and the investment risk.

Return earned by a portfolio is the weighted average return of the individual stock returns.

CAPM helps calculate expected return of an investor by the following formula:

Return = R_{f} \ + B(R_{m}\ -\ R_{f}  )

wherein, R_{f} = Risk free rate of return yielded by treasury bonds

              B = Beta, which is a coefficient which conveys the degree of responsiveness of security return in relation to the market return.

             R_{m}= Return which can be earned on market portfolio

Thus, the relevant risk with respect to a portfolio refers to an individual stock's share of contribution to the portfolio risk.

6 0
3 years ago
Based on a predicted level of production and sales of 15,000 units, a company anticipates reporting operating income of $22,000
Arisa [49]

Answer:

Total variable cost= 90,000

Total fixed costs= 8,000

Total costs= $98,000

Explanation:

Giving the following information:

Production of 15,000 units:

Fixed costs= $8,000

Total variable cost= $75,000

We have no reason to believe that the fixed costs will change. If 18,000 units remain in the relevant range, the fixed costs are constant.

<u>We need to calculate the unitary variable cost:</u>

Unitary variable cost= 75,000/15,000= $5

Now, for 18,000 units:

Total variable cost= 5*18,000= 90,000

Total fixed costs= 8,000

Total costs= $98,000

5 0
3 years ago
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