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3 years ago

What is a typical first transaction for a business?

Business

1 answer:

sammy [17]3 years ago

3 0

Answer:

In summary, that first business transaction involved the exchange of goods and/or services between buyers and sellers. Initially it probably took place in the context of kin altruism and later expanded to reciprocal altruism.

Explanation:

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In dangerous professions like law enforcement and construction women are

Art [367]

It would be C because women are thought to be physically weaker and not as useful as men. Women can be useful but in certain professions its a lot harder for them. Also men tend to be more willing to work when they get injured or such.

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3 years ago

Top managers of are alarmed by their operating losses. They are considering dropping the laminate flooring product line. Company

vivado [14]

Answer:

Blue-ray discs Blue-ray discs Differential

and DVD discs only amount

Sales Revenue $432,000 $305,000 $127,000

Variable Costs ($246,000) ($150,000) ($96,000)

Contribution M. $186,000 $155,000 $31,000

Fixed Costs:

Manufacturing ($128,000) ($128,000) $0
S&A expenses ($67,000) ($67,000) $0

Operating Income ($9000) ($40,000) $31,000

b) Will dropping DVDs add $41,000 to the operating income?

No, dropping the DVDs product line will decrease operating income by $31,000, resulting in a total loss of $40,000. Even though the DVDs product line by itself is not profitable, it absorbs a large percentage of the fixed costs and if you get rid of it, all the fixed costs will be absorbed by the Blue-rays product line.

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4 years ago

A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i

Karolina [17]

I would say, "Please wait a moment. I'll check if the item will be in stock soon or already in stock." If the supervisor is available quickly after he or she is done, I'd ask them if they could help look in the back.

8 0

3 years ago

A company purchased a new truck at a cost of $42,000 on June 1, 2019. The truck is estimated to have a useful life of 7 years. T

Xelga [282]

Answer:

C. $3,500

Explanation:

The formula for a straight-line method of depreciation is provided below:

annual depreciation charge=(cost-salvage value)/useful life

cost of the new truck=$42,000

salvage value=$0

useful life=7 years

depreciation=($42,000-$0)/7=$6,000( same as given in the question)

The truck was used for 7 months in the first year ended, from June 1 2019 to December 31 2019

Depreciation for the first year=$6000*7/12=$3,500

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3 years ago

Consider the following two separate events for a company during the year:

Vaselesa [24]

Answer:

A.) Net income = $10; Comprehensive income = $20.

Explanation:

The gain on sale of investment is recorded in the income statement of the company and thus the gain on sale of investments given in question will increase the net income of the company by $10.

The unrealized gain on investment from increase in fair value is reported in the other comprehensive income section and thus the Unrealized gain on investment from increase in fair value given in the question will increase the other comprehensive income of the company by $20.

So based on the above discussion, the answer is A.) Net income = $10; Comprehensive income = $20.

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3 years ago