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Gennadij [26K]
3 years ago
10

Organic Grocer employed Jacobson as its manager and gave her authority to purchase supplies and goods for resale. Jacobson had b

usiness dealings with Acme Electronics Company. Jacobson contacted Acme and had it deliver a color television set to her house. She told Acme that the set was to be used in promotional activities. The promotional campaign did not take place, and Jacobson disappeared from the area, taking the television set with her. Acme now seeks to recover the purchase price of the set from Organic Grocer. Will Acme prevail?
Business
1 answer:
Vlada [557]3 years ago
7 0

Answer:

ltem of important must be shown separately

what is that GAAP

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Why is my grandpa showing me how to cheat
geniusboy [140]

Answer:

Are you talking about schoolwork? Are you having extreme problems? Maybe he doesn't want to see you fail so he's trying to to help you. And although cheating isn't the right way to do it he probably wants to do whatever he can just to help you

Explanation:

4 0
3 years ago
Read 2 more answers
Jennifer's Bakery Shop produces baked goods in a perfectly competitive market. If Jennifer decides to produce her 100th batch of
Blizzard [7]

Answer:

To maximize her profit, Jennifer should abandon the product.

Explanation:

To maximize the profit Jennifer should keep marginal benefit as higher as she can, this could happen keeping marginal revenue higher and marginal cost lower as much as she can.

In this case marginal cost is higher than the marginal revenue, which is resulting as a marginal loss. Each extra batch being sold will add a loss of $10 ($110-$120).

Jennifer should abandon the product because it will reduce the average marginal benefit or total profit gradually.

4 0
4 years ago
Read 2 more answers
What famous economist developed the principle of comparative advantage as we know it today?
andreyandreev [35.5K]
Adam Smith was the first who alluded to the concept of comparative advantage. This concept has later been elaborated by David Ricardo.
8 0
3 years ago
Present journal entries (account titles only) for each of the following transactions:
Alekssandra [29.7K]

Answer:

Present journal entries (account titles only)

a.

Raw Materials (debit)

Accounts Payable (credit)

<em>purchases of materials on account</em>

b.

Wages Expenses (debit)

Wages Payable (credit)

<em>wages not yet paid</em>

c.

Work In Process ; Direct Materials (debit)

Work In Process ; Direct Materials (debit)

Raw Materials (credit)

<em>Assignment of direct and indirect material costs to production.</em>

d.

Work In Process ; Direct Labor (debit)

Work In Process ; Direct Labor (debit)

Raw Materials (credit)

<em>Assignment of direct and indirect labor costs to production.</em>

e.

Work In Process ; Depreciation - factory (debit)

Work In Process ;  factory property tax (debit)

Accumulated Depreciation - factory (credit)

Property Tax Payable (credit)

<em>Factory depreciation and accrued factory property tax</em>

f.

Work In Process (debit)

Overheads (credit)

<em>Overheads Applied </em>

g.

Finished Goods (debit)

Work In Process (credit)

<em>Completed work on products</em>

h.

Accounts Receivable (debit)

Costs of Sales (debit)

Sales Revenue (credit)

Finished Goods (credit)

<em>Sell of finished goods on account.</em>

Explanation:

See the journal entries (account titles only) with narrations that i have prepared above.

7 0
3 years ago
You have ​$19,000 to​ invest, part at 6% and the rest at 7%. If x is the amount invested at 6 %6%​, write an algebraic expressio
dem82 [27]

Answer:

total annual income  = 1330 - 0.01x

Explanation:

given data

invest = $19,000

some part at =  6%

remaining part = 7%

x is  amount invested at =  6 %

solution

we know x part invested = 6 %

so ( $19,000 - x ) part invested = 7 %

so we get here total annual income from both investment that is

income = 6% x + ( 19000 -x ) 7%

so  total annual income  = 0.06x + ( 19000 -x) 0.07

total annual income  = 1330 - 0.01x

7 0
4 years ago
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