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2 years ago

10. A person who selects, purchases, uses, or disposes of goods or services is

Business

1 answer:

Lorico [155]2 years ago

3 0

Answer:

consumer

Explanation:

a consumer buys and utilizes merchandise

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On February 1, 2020, Pat Weaver Inc. (PWI) issued 7%, $1,200,000 bonds for $1,500,000. PWI retired all of these bonds on January

OLEGan [10]

Answer:

$55,200 gain

Explanation:

Calculation to determine How much gain or loss should be recognized on this bond retirement

First step is to determine the Book value on date of sale

Book value on date of sale=$1,200,000+$127,200

Book value on date of sale=$1,327,200

Second step is to calculate the Retired value of bonds

Retired value of bonds =$1,200,000*106

Retired value of bonds=$1,272,000

Now let determine the Gain on bonds retirement

Using this formula

Gain on bond retirement=Book value on date of sale-Retired value of bonds

Let plug in the formula

Gain on bond retirement=$1,327,200-$1,272,000

Gain on bond retirement=$55,200 gain

Therefore the amount of gain that should be recognized on this bond retirement will be $55,200 gain

5 0

2 years ago

What gives the us government the right to collect taxes?

irakobra [83]

The sixteenth amendment

8 0

3 years ago

Read 2 more answers

Symbic Foods, a chain of fast food restaurants, has included a drop-down menu on its main Web site. With this drop-down menu, pe

Makovka662 [10]

Answer: Marketing Strategy

Explanation: Marketing strategies are additional benefit a business owner creates in its business to make it different from others in the same industry and to make prospective clients permanent customers.

Marketing strategies gives the business a better edge in its industry as it gives the business better sales.

5 0

2 years ago

Mediocre economists often consider only the immediate apparent effects of a change, whereas a good economist will also consider

olga nikolaevna [1]

Answer:

C. The importance of secondary effects

Explanation:

Secondary economic impact is a study of economic activities due to recurring rounds of spending by companies, households, and the government.

Secondary effects are long term and comes after the primary effect (first round of spending).

It is also called induced economic effect.

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3 years ago

You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president h

lana [24]

Answer:

Explanation:

Variance analysis studies the relationship between actual and budgeted cost for business activities. Variance analysis helps the management in two ways;

Favorable
Unfavorable

Favorable - if the actual cost incurred is less than the budgeted cost, the difference amount is a saving for the company.

Unfavorable - if the actual cost is more than the budgeted cost, the difference is an extra expenditure for the company.

Flexible budget;

The flexible budget is prepared at different levels of volume that was initially projected by the master budget.
It is highly styled and more useful than the master budget.

The report showing the Activity and Spending Variances for march is given in the file attached below, in other not to cause confusion. Thank you.

Download docx

3 0

3 years ago