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3 years ago

4. Why is the customer service department of a company important?

1 answer:

6 0

Because sometimes the customer service department of a company is always right but then again sometimes they are wrong so just try to believe it and try to think they're right because you never know.

Hope this is what you're looking for. Have a great day! :D

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Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Be

expeople1 [14]

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

7 0

3 years ago

For the U.S. soft drink market, of the 300 million people in the U.S., 80% of the population is the maximum number of consuming

neonofarm [45]

Answer:

Annual market potential = $85,848 millions

Explanation:

The annual market potential is the expected sales value for the soft drink product for a year should the maximum number of potential consumers purchase the product at the average price.

Annual market potential = Average price × No of consuming unit × consumption rate per annum

Maximum number of consuming unit = 80%× 300 million =240 million

Consumption rate per buyer per annum = 365

Average price = $0.98

Annual market potential ($) = 0.98× 240× 365 =$85,848 millions

Annual market potential = $85,848 millions

6 0

3 years ago

) A price change would have the largest income effect on a A) magazine. B) tablet computer. C) piece of clothing. D) car.

weeeeeb [17]

Answer:

Explanation:

A change in price leads to two effects :

The income effect
The substitution effect

The income effect is the change in quantity demanded as a result of a change in real income which affects the consumes purchasing power.

A car constitutes a very large part of a consumers expenditure due to its cost. Thus, the income effect for a car would be the largest

The substitution effect is the change in demand as a result of change in the price of the good compared to the price of another substitute good.

7 0

2 years ago

The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess

OlgaM077 [116]

Answer:

Explanation:

1.Total Debt = Total Assets – Total Equity = 2,700,000 – 1,550,000

= $1,150,000

2.Total assets = Total liabilities +Total equity = $2,700,000

3.Current Assets = Total Assets – Plant and Equipment = 2,700,000-2,300,000 = 400,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,150,000 – 748,000 = $402000

5.Accounts payables and accruals = current liabilities – notes payables

= 402000 – 150,000 = $252000

6.Working capital = Current Assets – Current Liabilities = 400,000-402,000

= -2000

7.Net operating working capital = Current assets – Accounts payables and accruals = 400,000 – 252,000 = 148,000

8.Difference = -2,000-148,000 = -150,000 (indicates note payable)

Recalculation with new information:

1.Total Debt = Total Assets – Total Equity = 4,000,000 – 2,000,000 -500,000 =

= $1,500,000

2.Total assets = Total liabilities +Total equity = $4,000,000

3.Current Assets = Total Assets – Plant and Equipment = 4,000,000-3,000,000 = $1,000,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,500,000 – 950,000 = $550000

5.Accounts payables and accruals = current liabilities – notes payables

= 550,000 – 150,000 = $400,000

7 0

3 years ago

Two years ago, Conglomco stock ended at $73.02 per share. Last year, the stock paid a $0.34 per share dividend. Conglomco stock

Anni [7]

Answer:

Dollar return

= Closing price - Opening price + Divided

= $77.24 - $73.02 + $0.34

= $4.56

Percent return

= <u>Dollar return</u> x 100

Opening price

= <u>$4.56</u> x 100

$73.02

= 6.24%

Explanation:

The dollar return is calculated as closing price minus opening price plus dividend. The percent return is the ratio of dollar return to opening price multiplied by 100.

6 0

3 years ago