Answer:
$4230 is the correct answer to the given question .
Explanation:
As Mention in the question the sales revenue to the dishwashers = $94,000
Also the company estimated warranty expense cost is =4.5% of revenues,
Now the estimated warranty payable can be determined by the following formula
\(Annual\ sales\ revenue\ for \ the \ dishwashers\ * warranty\ expense\ revenues.\)
\(= \ 94000\ * \ 4.5\ % \ of \ revenues\)
== $4230
Advantages and disadvantages of transport sector
Road transportation has various benefits, including lower costs, shorter travel times, more adaptable load capacities, improved fuel economy, and environmental friendliness. On the other side, there are drawbacks as well, like traffic jams and safety worries.
What is a transport sector?A group of businesses together referred to as the transportation industry build and maintain infrastructure for transportation as well as services to move people and products. According to the Global Industry Classification Standard, technically, transportation is a subgroup of the industrials sector (GICS). The deliberate transfer of people, animals, and objects from one location to another is known as transport or transportation. In addition to land and water, cable, pipeline, and space are also modes of transportation. Infrastructure, transportation, and operations make up this field. Transportation industries include businesses engaged in trucking, rail, water, and other modes of commercial transportation for hire.The impact of transportation on employment and growth is significant in the economy and society of today.To learn more about transport sector, refer to:
https://brainly.com/question/30536946
Explain the types of utility and the role marketing plays in their creation.
Based on the marketing concept, various utilities seek to enhance the product's usefulness to customers in a way that persuades them to make a purchase. E.g. Form, time, place, etc.
What is Marketing Utility?Marketing Utility is a term that is used to describe the idea that the promising way to sell a product to a consumer is to show them how the product could provide value to their life.
Generally, Marketing Utility includes the integration of a product into a customer's lifestyle by underlining how it can figure out a problem related to the consumer's needs.
Types of Marketing Utility are:FormTimePlaceInformationAlso, the role of marketing in utility helps develop a value proposition of products that explains the unique benefits a commodity can provide to consumers.
Hence, in this case, it is concluded that Marketing Utility is vital in the product's sales.
Learn more about Marketing Utility here: https://brainly.com/question/2551519
#SPJ1
hiring others to perform some of the noncore activities and decision making in a company's value chain, rather than having the company and its employees continue to perform those activities, is called
Hiring others to perform some of the noncore activities and decision making in a company's value chain, rather than having the company and its employees continue to perform those activities, is called Outsourcing.
What is Outsourcing?Outsourcingcan be described as the way tat a omany can seek for labor outside the company, this method is usually used when a firm is seeking for a cheap labor.
It should be noted that some comapany do outsource from outside the company while some do perform outsourcing within the country all for cheap labor.
Learn more about Outsourcing at:
https://brainly.com/question/4456416
#SPJ1
The adjusted trial balance of Sunland Company shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $903,400; Freight-Out $13,700; Sales Returns and Allowances $22,000; and Sales Discounts $15,400. Prepare the sales section of the income statement.
Net Sales Revenue for Sunland Company: $865,000 (Sales Revenue $903,400 - Returns $22,000 - Discounts $15,400).
Income Statement - Sales Section (For the fiscal year ended October 31, 2022)
Sales Revenue: $903,400
Less: Sales Returns and Allowances: $22,000
Less: Sales Discounts: $15,400
Net Sales Revenue: $903,400 - $22,000 - $15,400 = $865,000
The sales section of the income statement for Sunland Company reflects the following figures for the fiscal year ended October 31, 2022:
Sales Revenue: $903,400
Less: Sales Returns and Allowances: $22,000
Less: Sales Discounts: $15,400
Net Sales Revenue: $865,000
The Sales Revenue represents the total amount of sales generated by Sunland Company during the fiscal year.
Sales Returns and Allowances account for any merchandise returned by customers or allowances granted due to defective products or other reasons.
Sales Discounts account for the reduction in the selling price offered to customers for early payment or other negotiated discounts.
By subtracting the Sales Returns and Allowances and Sales Discounts from the Sales Revenue, we arrive at the Net Sales Revenue figure.
For Sunland Company, the Net Sales Revenue amounts to $865,000, which represents the total sales revenue after deducting returns, allowances, and discounts.
This figure is significant for assessing the company's performance and analyzing its sales activities.
For more such questions on Net Sales Revenue
https://brainly.com/question/32096169
#SPJ8
In the context of the SPIN (situation questions, problem questions, implication questions, and need payoff questions) technique, which of the following best exemplifies a situation question? Multiple Choice a. Do you intend to upsize your workforce in the near future? b. Do you have trouble meeting inventory requirements? c. Would you be interested if I promised you a 25 percent return on investment?
d. Have you been facing any bandwidth problems?
e. Does missing a deadline have serious implications for your firm?
Do you struggle to meet inventory requirements is a situation question that is part of the SPIN technique of situation questions, problem questions, implication questions, and need payoff questions. Hence, option (B) is the one that should be chosen.
What is meant by Inventory Model?An inventory model is a mathematical tool that assists businesses in determining the ideal level of inventories that should be maintained in a production process, managing ordering frequency, determining the amount of goods or raw materials to be stored, and tracking the flow of supply of goods and raw materials to ensure continuous service to customers with no delivery delays.
When the inventory level falls below a fixed quantity
Learn more about Inventory Model, from :
brainly.com/question/28110373
#SPJ1
MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
Read more about balance sheet
brainly.com/question/1113933
#SPJ1
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
Codes of ethics are insufficient and do not serve their proper purpose if they are intended only to ensure that company policies are legal.
A. True
B. False
Cardinality describes the maximum number of possible relationship occurrences for a (an):________.
Answer:
Entity (set)
Explanation:
The Cardinality implies the maximum number of elements in a set or the number of possible relationship occurrences for an Entity.
For example, let's take {1,2,6} as the entity, thus the cardinality of such an entity is 3, meaning, we have 3 as the maximum number of possible relationship occurrences in the entity.
what is the definition of bond?
An application of the Law of Supply is,
Answer:The law of supply says that a higher price will induce producers to supply a higher quantity to the market. Supply in a market can be depicted as an upward sloping supply curve that shows how the quantity supplied will respond to various prices over a period of time.
Explanation:
how does marketing creates value
Marketing can help you add value by developing a brand, with messages and imagery that run through all of your marketing. A consistent brand will develop trust, and can in time represent everything your company stands for.
2. A delivery company purchased a bunch of new trucks three years ago for $6 million. These trucks can be sold today for $5.3 million. The delivery company's current balance sheet shows net fixed assets of $3.2 million, current liabilities of $900,000, and net working capital of $215,000. If all the current assets were sold today and converted into cash, the delivery company would receive $1.25 million. Calculate the book value of the delivery company's total assets today. (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.) Book value of total assets $ Now, instead, calculate their market value. (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.) Market value of total assets $
Answer:
Explanation:
a. The following can be deduced from the question:
Net Fixed Assets = $3,200,000
Current Liabilities = $900,000
Net Working Capital = $215,000
We'll then calculate the current assets which will be:
= Current Liabilities + Net Working Capital
= $900,000 + $215,000
= $1,115,000
Total Assets will then be:
= $1,115,000 + $3,200,000
= $4,315,000
b. Market Value of Current Assets = $1,250,000
Market Value of Net Fixed Assets = $5,300,000
The Market Value of Total Assets will now be:
= $1,250,000 + $5,300,000
= $6,550,000
Answer:
1. Book value of total assets
Net Fixed Assets = $3,200,000
Current Liabilities = $900,000
Net Working Capital = $215,000
Current Assets = Current Liabilities + Net Working Capital
Current Assets = $900,000 + $215,000
Current Assets = $1,115,000
Total Assets = Current Assets + Net Fixed Assets
Total Assets = $1,115,000 + $3,200,000
Total Assets = $4,315,000
2. Market value of total assets
Market Value of Current Assets = $1,250,000
Market Value of Net Fixed Assets = $5,300,000
Market Value of Total Assets = Market Value of Current Assets + Market Value of Net Fixed Assets
Market Value of Total Assets = $1,250,000 + $5,300,000
Market Value of Total Assets = $6,550,000
What is the degree of alignment between what Netflix is currently
doing (actions) and their mission, vision, values, structure, and culture.
True False
An employee's loyalty to colleagues, managers, or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
It is a true statement that an employee's loyalty to colleagues, managers or the company is a common reason that prevents employees from reporting ethical misconduct in the company.
What is an ethics in business?The business ethics refers to any standards for the morally right and wrong conduct in business. It is also defined as those conduct that are “legal” and “ethical” which enhances the law by outlining acceptable behaviors beyond government control.
In the context of ethics, a misconduct means any wrongdoings but not limited to any criminal, fraudulent, illegal or dishonest activity that constitutes a breach of trust. However,
Read more about business ethics
brainly.com/question/4048149
#SPJ1
Can you name me 2 commercial products that donate to nonprofit organization?
Two commercial products that donate to nonprofit organizations are Netflix and Amazon.
What are nonprofit organizations?Nonprofit organizations or non-profit organizations, also known as non-business entities, not-for-profit organizations, or nonprofit institutions, is a legal entities organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties.
An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs etc.
Learn more about nonprofit, here:
https://brainly.com/question/291068
#SPJ1
Innova uses 1,000 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to manufacture the component are as follows. Direct materials $61.48 Direct labor 37.19 Overhead 126.50 Total $225.17 Overhead costs include variable material handling costs of $7.16, which are applied to products on the basis of direct material costs. The remainder of the overhead costs are applied on the basis of direct labor dollars and consist of 60% variable costs and 40% fixed costs. A vendor has offered to supply the IMC2 component at a price of $230 per unit. (a) Prepare the incremental analysis for the decision to make or buy IMC2. Make IMC2 (per unit) Buy IMC2 (per unit) Net Income Increase (Decrease) Direct material $ $ $ Direct labor Material handling Variable overhead Purchase price Total unit cost $ $ $ Should Innova purchase the component from the outside vendor if Innova’s capacity remains idle?
Answer:
Innova
a) Make or Buy IMC2 Incremental Analysis:
Make IMCs (per unit)
Direct material $61.48
Direct labor 37.19
Material handling 7.16
Variable overhead 71.60
Total unit cost 177.43
Buy IMC2 (per unit)
Purchase price $230
Net Income will decrease by ($52.57) if IMC2 is bought.
b) Innova should not purchase the component. It costs more to buy IMC2 than to make it based on incremental analysis.
Explanation:
a) Incremental Analysis is a decision-making technique used in business to determine the true cost difference between alternatives. It is also called the relevant cost approach, marginal analysis, or differential analysis. Using incremental analysis, sunk cost or past cost is disregarded as irrelevant. The fixed cost element equalling $47.74 per unit is a sunk cost that is not relevant for incremental analysis.
b) In a make or buy decision, the company considers if internalization of production will be of greater economic benefits than outsourcing.
c) Variable overhead is calculated as ($126.50 - $7.16) x 60% = $71.60
which of the following best explains how income taxes can moderate a business cycle during an expansion?
Tax payments increase automatically as gross domestic product (GDP) rises, which dampens consumption spending.
The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). Consequently, it also accounts for the revenue generated by such manufacturing, or the total amount spent on finished products and services (less imports).
For instance, if Country B produced 5 bananas value $1 each and 5 backrubs of $6 each in a year, the GDP would be $35. The GDP of Country B would be $40 if the price of bananas increased to $2 the next year and the amount produced remained same.
Learn more about gross domestic product (GDP) to visit this link
https://brainly.com/question/16907223
#SPJ4
Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off her total. How much loan does Molly need?
Answer: $3000
Explanation:
Based on the information given, the amount of loan that Milly needs will be the addition of the down payment and the cash allowance and this will be:
= Down payment + Cash allowance
= $2500 + $500
= $3000
Molly needs a loan of $3000
Answer:
Molly needs a $1,000 loan.
What is the main difference between private and government consumer advocacy employers?
a. working directly with consumers
b. who is allowed to work for them
c. funding resources
d. allowance of lobbyism
Answer:
C. funding resources
Your welcome :)
Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
Learn more Comparative advantage at https://brainly.com/question/12291750
#SPJ1
What you type text in a cell it is
The thing typed into a cell is called cell data.
What is cell data?This can include any alphanumeric characters, including letters, numbers, and symbols, as well as spaces and special characters.
Cell data can be used for a variety of purposes, such as labeling data or providing context for numerical values. It can also be used in formulas and functions to perform calculations and analysis.
In addition to text, cell data can also include other types of data, such as dates, times, and numerical values. Depending on the formatting of the cell, the data may be displayed in a variety of ways, such as currency, percentages, or scientific notation.
Find out more on cell data at https://brainly.com/question/30426681
#SPJ1
How are state Insurance Guaranty Associations funded?
Every state has a guarantee fund that is created by legislation. To safeguard policyholders in the event that an insurer goes bankrupt or is unable to pay its debts, a state's insurance commissioner maintains guarantee funds.
It is possible for a borrower to approach a bank for a loan since a guarantee fund offers a loan or credit guarantee. When a borrower lacks adequate security, such as real estate or other assets, guarantees can be quite helpful. The lack of (enough) collateral is practically universal among small borrowers. Guarantee insurance entails that an insurance firm, rather than a bank, provides a guarantee to your business.
Learn more about the guarantee fund here:
https://brainly.com/question/16860923
#SPJ1
Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.
Answer: The answer is They have more tax liability.
Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.
Which of the following best describes a player's role in any game?
O A. The name of his or her character.
O B. The number of turns he or she gets to take.
O C. The way he or she scores points.
O D. The actions expected of him or her.
how do you understand the word business finance?
Answer:
Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities
Answer:
in my opinion and own words
Explanation:
Business Finance simply means the activity of managing money in financial status especially in companies or government organizations to run a business or activity or also a project so it simply means using Finances to run a business
.(Thank you and sorry)0
education provides both private benefits to those who receive it and broader social benefits for the economy as a whole. think about the types of policies a government can follow to address the issue of positive spillovers in technology and then suggest a parallel set of policies that governments could follow for addressing positive externalities in education.
Grading Rubric: 2 + 2 = 4 2 points for showing how the government can address the issue of spillovers in technology and 2 points for suggesting a policy for addressing positive externalities in education.
Governments may address the positive externalities in education by implementing policies like funding research, expanding access to high-quality education, and encouraging the development of soft skills.
Governments may use a variety of strategies to handle beneficial technological spillovers, including sponsoring technology incubators, promoting university-business collaboration, and offering tax incentives for research and development. In a similar vein, governments can put policies into place to address positive externalities in education, such as providing financial aid for students from low-income families, providing tax credits for businesses that invest in employee education and training, and encouraging collaborations between schools and local businesses to provide experiential learning opportunities. All pupils may benefit from access to a quality education by investing in teacher training programmes and supplying resources to schools in impoverished areas.
learn more about Governments here:
https://brainly.com/question/16940043
#SPJ4
Which is the opposite of a surplus?
inelastic
shortage
equilibrium
floor
Answer:
The opposite of a surplus is a shortage.
Explanation:
The opposite of a surplus is a shortage.
Answer:
Explanation:
dearth or even
shortage
1. ANSWER THE FOLLOWING: YOU BUY A NEW HOT PINK VOLKSWAGON BEETLE CAR THAT COST $22,500. YOU HAVE $4,000 DOWN PAYMENT. THE BANK LOANS YOU THE MONEY AT 6% INTEREST. YOU DECIDE TO PAY MONTHLY PAYMENTS FOR 4 YEARS. HOW MUCH INTEREST DO YOU OWE THE BANK FOR BORROWING THE MONEY? HOW MUCH WILL IT COST FOR THE CAR PER MONTH PAID OVER 4 years
The total amount borrowed is $22,500 - $4,000 = $18,500.
To calculate the total interest, we need to first calculate the total amount of payments over 4 years. There are 12 months in a year, so the total number of payments will be 12 x 4 = 48 payments.
To calculate the monthly payment, we can use the formula for a fixed-payment loan:
Monthly payment = [P x r x (1 + r)^n] / [(1 + r)^n - 1]
where P is the principal (amount borrowed), r is the monthly interest rate, and n is the total number of payments.
The monthly interest rate is 6% / 12 = 0.005.
Monthly payment = [18500 x 0.005 x (1 + 0.005)^48] / [(1 + 0.005)^48 - 1] = $430.87 (rounded to the nearest cent)
The total amount paid over 4 years is $430.87 x 48 = $20,666.62.
The total interest paid is $20,666.62 - $18,500 = $2,166.62.
Therefore, the interest owed to the bank for borrowing the money is $2,166.62.
The cost of the car per month paid over 4 years is $430.87.
Discuss why positive thinking is critical in starting the entrepreneurship journey