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Lubov Fominskaja [6]

2 years ago

12

QUESTION 10 of 10: You have been promoted to buyer for a mall-based fashion retailer. With your promotion, you will earn an addi

tional
$4,000 per year. If you previously earned $58,000, what is the percentage increase in your salary?

1 answer:

Gwar [14]2 years ago

8 0

6.9% or 14.5%

Explanation:

I did the math

I belive 6.9% is the correct answer tho

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Bluestone Company had three intangible assets at the end of the current year:

adoni [48]

Answer and Explanation:

The computation is shown below:

1) Calculation of the acquisition cost is

Patent = $4,000

Trademark = $210,000 + $8,500 = $218,500

Licensing Rights = $80,000

2) Computation the amortization expense is

Patent = $4,000 ÷ 10 = $400

Trademark = $218,500 ÷ 10 = $21,850

Here we assume the indefinite life of 10 years

Licensing Rights = $80,000 ÷ 5 = $16,000

3)

Income statement:

Amortization expense $38,250 ($400 + $21,850 + $16,000)

Balance sheet at year end december:

Fixed assets

Intangibles

Patent $3600 ($4,000 - $400)

Trademark $196,650 ($218,500 - $21,850)

Licensing Rights $64,000 ($80,000 - $64,000)

8 0

3 years ago

Assume that three identical units of merchandise were purchased during October, as follows: Units Cost October 5 Purchase 1 $5 1

den301095 [7]

Answer:

Cost of merchandise sold = $ 28

Gross profit = $ 13

The ending inventory under the LIFO method = $ 18

Explanation:

Given:

October 5,

Purchased units = 1

Unit cost = $5

on October 12,

Purchased units = 1

Unit cost = $ 13

On October 28,

Purchased unit = 1

Unit cost = $ 15

Total cost of the 3 units purchased = $33

Now, the unit sold on October 31 will be the unit purchased in the end i.e on October 28

thus,

Cost of merchandise sold = $ 28

Gross profit = Selling price of the unit - Unit price of purchase

or

Gross profit = $ 28 - $ 15 = $ 13

now, the ending inventory under the LIFO method = $ 5 + $ 13 = $ 18

4 0

3 years ago

Read 2 more answers

There’s 15 questions and this is 5.

son4ous [18]

I believe the answer is preparing a list of vegetables to purchase. That’s the only option that makes sense with his job.

4 0

3 years ago

Debra notes that Theo Chocolate has started holding its own operations to the same IMO standards of fair trade to which it holds

slamgirl [31]

Answer:

The correct answer is letter "A": Ethical leadership.

Explanation:

Ethical leadership is the set of managerial practices that executives use to give an example to their subordinates and promote good values among the organization. This is typically achieved by promoting fair treatment among workers and social awareness with the external environment of the firm.

In the example, <em>Theo Chocolate started to follow the International Maritime Organization (IMO) standards that promote the safety and security of international shipping and forbid marine pollution from ships</em>.

8 0

3 years ago

Tom's Textiles shipped the wrong material to a customer, who refused to accept the order. This is an example of a:-Sales revenue

Angelina_Jolie [31]

Answer:

Sales return

Explanation:

Sales return when a customer is not satisfied with a product, refuses to accept the order and expects to receive back the whole amount of money he paid for it.

Tom's Textiles are at wrong here as they shipped the wrong material to a customer. The customer is allowed not to accept the order and all the money he paid must be reimbursed to him. The company should apologize for the mistake in a pleasant manner, as mistakes happen everyday and can be corrected quickly and efficiently.

3 0

3 years ago