Congress passed the Sarbanes-Oxley Act to

Clothing boutiques and specialty shops often start because there is a need for a particular product but large retailers like wal

finlep [7]

The best way to describe how that idea was recognized is "finding a gap in the marketplace".

Numerous organizations need to find the gap in the market. The gap in the market is a particular region. A zone where you can command. A region where are little conceivable outcomes for another person to surpass your mastery. On the off chance that you prevail to discover a specialty where you are the just a single, at that point it is extraordinary for your enterprising profession. But, likewise it is extraordinary on the off chance that you can discover a space where you will be the one of a kind player in an established market. The market where competition is low.

7 0

3 years ago

Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-

Veseljchak [2.6K]

Answer:

a $17.44 per direct labor hour

b. Assignment of Overheads

Deluxe model =$43,600

Basic model = $104,640

Explanation:

Plant wide overhead rate is the allocation rate used for allocating overheads (indirect costs) to jobs or products calculated for the whole entity.

Plant wide overhead rate = Budgeted Overheads / Budgeted Activity.

Calculation of Budgeted Overheads :

Handling materials 625,000

Inspecting product 900,000

Processing purchase orders 105,000

Paying suppliers 175,000

Insuring the factory 300,000

Designing packaging 75,000

Total Cost 2,180,000

Plant wide overhead rate = Budgeted Overheads / Budgeted Activity.

= $2,180,000/125,000

= $17.44 per direct labor hour

Assignment of Overheads

Deluxe model required 2,500 direct labor hours

Deluxe model = 2,500 × $17.44

= $43,600

Basic model required 6,000 direct labor hours

Basic model = 6,000 × $17.44

= $104,640

8 0

3 years ago

You are given the following information for Watson Power Co. Assume the company’s tax rate is 22 percent. Debt: 12,000 6.1 perce

alexgriva [62]

Answer:

You are given the following information for Watson Power Co. Assume the company’s tax rate is 22 percent. Debt: 12,000 6.1 percent coupon bonds outstanding, $1,000 par value, 27 years to maturity, selling for 109 percent of par; the bonds make semiannual payments. Common stock: 450,000 shares outstanding, selling for $63 per share; the beta is 1.14. Preferred stock: 19,500 shares of 3.9 percent preferred stock outstanding, currently selling for $84 per share. The par value is $100 per share. Market: 5 percent market risk premium and 4.9 percent risk-free rate.What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

8 0

3 years ago

In two or more complete sentences, compare and contrast making a purchase with a debit card versus making a purchase with a cred

Vlad [161]

Answer:

When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.

Explanation:

When you pay with a credit card you use the bank's money that you have to pay back but with a debit card, you are using money straight out of your account. In the end, you are basically using your money just not in the form of paper.

3 0

2 years ago

What clause in a sales contract states under what conditions the buyer can

blagie [28]

Answer:

A listing agreement is the document you use to commit to working with a specific real estate agent. Before you sign a listing agreement, ask your agent whether you can be released for any reason, even if that reason is, "I want to list with another broker." If your agent tells you, "No," you might not want to list it with their company.

If you didn't ask your agent about canceling before signing, be aware that exclusive right-to-sell listings contain a safety or protection clause.6

If you ask an agent after the fact to cancel the listing, and they refuse, call their brokerage and request a cancellation. Your listing, believe it or not, is not between you and your agent. It is between you and the brokerage.

If the broker rejects your request for cancellation, then ask the brokerage to assign another agent to you. Most brokers are happy to assign another agent and keep the listing in-house. The brokerage will often pay your fired agent a referral fee.

If there are no workable solutions, call a real estate lawyer for termination assistance, but first, tell the brokerage of your intentions to do so. Sometimes that’s enough to get a release.

Ask your agent to give you a form called "termination of buyer agency." The TBA issued by the California Association of Realtors, for example, will cancel oral or written agency agreements when properly acknowledged and executed.

8 0

2 years ago