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2 years ago

For for computation of pre-incorporation profit salary to vendor

1 answer:

8 0

Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.

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ABC Ltd. uses EOQ logic to determine the order quantity for its various components and is planning its orders. The Annual consum

viktelen [127]

Answer:

The Total Cost of Inventory is $4,024,000

Explanation:

The computation of the total cost is shown below:

= Purchase cost + ordering cost + carrying cost

where,

Purchase cost = Annual consumption × Cost per unit\

= 80,000 × $50

= $4,000,000

Ordering cost = (Annual demand ÷ EOQ) × Cost to place one order

= (80,000 ÷ 8,000) × $1,200

= $12,000

Carrying cost = (EOQ ÷ 2) × carrying cost percentage × Cost per unit

= (8,000 ÷ 2) × 6% × $50

= $12,000

Now put these values to the above formula

So, the value would equal to

= $4,000,000 + $12,000 + $12,000

= $4,024,000

8 0

3 years ago

Dividing a diverse market into groups of customers who share similar traits or characteristics is the process known as:

victus00 [196]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

5 0

3 years ago

During 2018, its first year of operations, Pave Construction provides services on account of $152,000. By the end of 2018, cash

ASHA 777 [7]

The adjustment for noncollectable accounts on December 31, 2018:

Debit Bad Debts Expense $13,800

Credit Allowance for Doubtful Account $13,800

Explanation:

In Pave Construction, 2018 is the first year of operations. The company provides services on account of $152,000.

By the end of 2018, cash collections on these accounts total $106,000.

At the end of 2018, Accounts Receivable (the uncollected accounts) has debit balance of $46,000 ($152,000 - $106,000 = $46,000)

Pave estimates that 30% of the uncollected accounts will be bad debts

Bad Debts Expense = 30% x $46,000 = $13,800

The adjusting entry to record the bad debts expense will be:

Debit Bad Debts Expense $13,800

Credit Allowance for Doubtful Account $13,800

3 0

3 years ago

Vision Co. manufactures and sells tea, coffee, desserts, shoes, and sporting goods. All of these products are its

Anuta_ua [19.1K]

Answer:

All of these products are its sold under his family brand

Explanation:

In the given question, the Vision co. deals in a variety of products which include tea, coffee, desserts, shoes, and sporting goods.

By sells his company brands, he captures the market area and has created a market position.

And, he promotes his family brand together.

Here, brand means to promote the company goods having a trademark so that the customers attract towards company goods and services by giving them great deals. It is an advertising strategy through which the company can capture its maximum market share.

Hence, All of these products are its sold under his family brand

6 0

3 years ago

Using the one-period valuation model, assuming a year-end dividend of $0.11, an expected stock sales price of $60, and a require

sineoko [7]

Solution:

The most common tool used to measure the valuation of the stock is the ratio of price to earnings. It's easy to access, and the data is readily accessible. The P / E ratio is determined by measuring the price of the stock by the sum of its 12-month trailing profits.

Given,

Dividend of $0.11

Expected stock sales price of $60

RRR 10%

The current price of the stock would be : 60 * 0.10 * 0.11 = 66

7 0

3 years ago