Repayment Limitation Table for 2017
Household Income Percentage of Federal Poverty Line Limitation Amount for Single Limitation Amount for all other filing statuses
At least 200%, but less than 300% $750 $1,500
At least 300%, but less than 400% $1,275 $2,550
400% or more No limit No limit
It would be a real estate agent
Answer: Debit Warranty Expense $25,500; credit Estimated Warranty Liability $25,500.
Explanation:
From the question, we are informed that during June, Vixen Company sells $850,000 in merchandise that has a one year warranty and that experience shows that warranty expenses average about 3% of the selling price and that customers returned $14,000 of merchandise for warranty replacement during the month.
The entry to settle the customer warranties is to debit Warranty Expense $25,500 and then credit Estimated Warranty Liability $25,500.
The warranty expense is calculated as:
= 3% × $850,000
= 0.03 × $850,000
= $25,500
Answer:
The correct answer is c. channel integration.
Explanation:
Producers and intermediaries act together to obtain mutual benefits. Sometimes the channels are organized through agreements; There are others that are organized and controlled on the initiative of a single director that can be an agent, a manufacturer, a wholesaler or a retailer. This director can establish policies for it and coordinate the creation of the marketing mix.
The links of a channel can be combined horizontally and vertically under the administration of a channel leader. The combination can stabilize supplies, reduce costs and increase coordination of channel members.
Vertical integration of the channels: Two or more stages of the channel are combined under one direction. This results in the purchase of the operations of a channel link or the performance of the operations of this link to carry out the functions.
This integration includes the control of all functions from manufacturing to the final consumer.
Horizontal integration of the channels: It consists of combining institutions at the same level of operations under a single administration. An example will be department stores. This integration provides significant savings in advertising specialists, market research, purchases, etc. And it can be carried out by an organization by merging with other organizations or by increasing the number of units
Federal agencies enforcing antitrust laws may ask the courts to order a company to cease its operations and liquidate all of its assets in a process known as Dissolution
<h3>What is
Dissolution?</h3>
The process by which a solute in gaseous, liquid, or solid phase dissolves in a solvent to form a solution is known as dissolution. Solubility. The maximum concentration of a solute that can dissolve in a solvent at a given temperature is referred to as solubility. The solution is said to be saturated when the solute concentration reaches its maximum.
Dissolving is demonstrated by stirring sugar into water. The solute is sugar, and the solvent is water. Dissolving salt in water is an example of ionic compound dissolution.
The closing of a corporate entity, which can be a complicated process, is referred to as dissolution of corporation. With more owners and assets, ending a corporation becomes more complicated.
To know more about Dissolution follow the link:
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