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4 years ago

True/False

Business

1 answer:

Elanso [62]4 years ago

5 0

The answer is FALSE.

Relationship marketing is much important compared to maintaining databases of customer's information for mass marketing. A good relationship to clients can be a good promotion tool and technique compared to sending them promotional ads via email, SMS and social media sites. A word of a mouth is more powerful and personal compared to digital media. If the reputation of the company is good to some clients, then it will create good impression to other potential clients and to the people they know. If the company has a good impression, good attitude employees with good products, it will surely help to the company's revenue.

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For 2017, P Co. estimated its two-year equipment warranty costs based on $23 per unit sold in 2017. Experience during 2018 indic

goblinko [34]

Answer:

In 2018 income from continuing operations.

Explanation:

A variation in the accounting forecast impacts present and future periods and is not accounted for by repaying earlier periods. The adjustment in the warranty cost estimate is based on new information gained from experience which counts as an adjustment in the accounting estimate. The accounting change is part of continuing operations but is not recorded net of taxes.

Therefore first option is correct

5 0

3 years ago

Kahuna Industries has two manufacturing departments--Fabrication and Finishing. The company used the following data at the begin

Morgarella [4.7K]

Answer:

Total manufacturing cost= $34,052

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total estimated overhead= 33,400 + (2*4,000 + 4*1,000)

Total estimated overhead= $45,400

Predetermined manufacturing overhead rate= 45,400 / 5,000

Predetermined manufacturing overhead rate= $9.08 per machine hour

Now, we can determine the total manufacturing cost of Job 15-Z:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= (1,300 + 600)*9.08= $17,252

Total manufacturing cost= 8,400 + 8,400 + 17,252

Total manufacturing cost= $34,052

5 0

3 years ago

The study of international business is fine if you are going to work in a large multinational corporation, but it has no relevan

tatiyna

Answer:.The study of international business has more relevance to the individual than its accruing benefits to the company

Explanation: It must concisely be understood that, no worker is being paid just for working, but for the marginal productive he or she is adding to the company. Marginal productivity is therefore not a function of physical hard work but mental contribution to production processes which culminates in optimum productivity. It therefore stands to reason that, your knowledge and skills acquired through this study might be a catalyst to improve and boost your performance in the small firms or local industry you might be privileged to be engaged. Your knowledge of international dealings might also be a catalyst to branding the small firm with a competitive edge over its contemporaries.

4 0

3 years ago

Which of the following is an example of corruption?

neonofarm [45]

Answer:

C) Paying a bribe to a company executive in order to be awarded a contract.

Explanation:

Not only politicians or public officials are corrupt, in order for corruption to exist, there must be some private party willing to give a public servant something in exchange for an illegal favor.

During the past few years a huge corruption scandal was uncovered in Brazil, called the lavajato (car wash in English). The most important result was not only the billions of dollars recovered from public servants and politicians, but the fact that the owners and upper management of virtually all the largest Brazilian corporations were sent to jail as accomplices. It is not common that the richest people in a country are sent to jail.

4 0

4 years ago

On January 1, 2020, Tamarisk Corporation issued $700,000 of 9% bonds, due in 8 years. The bonds were issued for $740,784, and pa

EleoNora [17]

Answer:

Cash 740,783 debit

Bonds payable 700,000 credit

Premium ob BP 40,783 credit

--to record issuance--

Interest expense 29,631.32 debit

premium on BP 1,868.68 debit

cash 31,500 credit

--to reocrd first interest payment--

Interest expense 29,556.57 debit

premium on BP 1,943.43 debit

interest payable 31,500 credit

--to record accrued interest at year-end on BP--

Explanation:

procceds 740,783

face value 700,000

premium on bonds payable 40,783

When comparing, the firm received more than the face value hence, there is a premium on the bonds as the coupon payment are above the market rate.

Now, the interest will be calculate as follow:

carrying value x market rate:

740,783 x 0.08/2 = 29,631.32 interest expense

cash outlay:

700,000 x 0.09/2 = 31,500

amortization on premium (difference) 1,868.68

new carrying value: 740,783 - 1,868,68 = 738,914

second payment accrual:

738,914 x 0.04 = 29,556.57

cash outlay 31500

amortization 1,943.43

7 0

3 years ago