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stira
2 days ago
11

In a tiny village, on the coast of South America, early inhabitants used sea shells, as money. Some of these shells were very be

autiful and fragile. Everyone agreed that the shells were valuable and the people utilized them in much the same way we use money today. The fragility of the shells and the fact that a shell is difficult to split into smaller denominations would make these sea shells unfit to act as money today because sea shells could not act as a ________.a. Store of Valueb. Unit of Accountc. Medium of Exchange
Business
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Hamby Corporation is preparing a bid for a special order that would require 780 liters of material W34C. The company already has
soldi70 [3635]

Answer:

$6,513

Explanation:

The calculation for the relevant cost is illustrated below:

= Volume of raw material × cost per liter of raw material

= 780 liters × $8.35 per liter

=

$6,513

Thus, we derived the total by multiplying the volume of raw material by its price per liter to arrive at the accurate cost

Any other information provided is not necessary. Therefore, it was disregarded

3 0
1 month ago
To answer the next three questions, refer to the following example. In 2003, Porsche unveiled its new sports utility vehicle (SU
Nady [3600]

Answer:

The inquiry lacks sufficient information:

The analysts were worried since not only did Porsche enter the market late, but the introduction of the Cayenne could potentially harm Porsche's standing as a producer of high-performance vehicles. In assessing the Cayenne, would you refer to the potential harm to Porsche's image as erosion?

In marketing terminology, brand erosion signifies that consumers will perceive the brand's value as diminished. Fortunately, Porsche disregarded these concerns. The Cayenne has become Porsche's largest source of revenue and profit.

Porsche is a brand typically associated with luxurious sports cars, and their most popular model, the 911, has seen very few changes over the last five decades. However, as the SUV market size expanded, their profits began to decline. Many Porsche enthusiasts dislike the Cayenne and Macan, but the reality is that they boosted total sales volumes significantly beyond expectations.

Today, Porsche is viewed more as a luxury automobile manufacturer, and interest in their products has increased. A smaller segment of consumers expressed disappointment, while the majority were satisfied.

3 0
1 month ago
This is the story of Goodies Gift Shop in its third year of operation in Small Town USA. Amelia Goodies, the owner, runs the sho
Free_Kalibri [3773]

Answer:

1. The return on investment is 20%

2. The total is $40,000

Explanation:

1. The formula for Return on Investment is defined as Net income from the Investment divided by the investment amount.

The net income mentioned in the question is the after-tax profit of $20,000.

The total amount Amelia invested in Goodies Gift Shop is reflected as owner's equity at $100,000 in the balance sheet for Year 2.

Using the formula: Return on Investment = 20,000/100,000 = 20%

2. We can calculate the projected pre-tax profit as follows: Projected margin minus total overhead = 250K - 200K = $50,000

Thus, the after-tax profit is computed as pre-tax profit multiplied by (1 minus tax rate) = 50K x (1-20%) = $40,000

3 0
2 months ago
A software engineer believes that if she can complete her current project on time she will get her much awaited promotion to the
harina [3808]

Options:

very high, given both expectancy and valence levels are elevated

moderately high, since high valence and instrumentality compensate for low expectancy

moderate, as high expectancy and valence levels counteract low instrumentality

low, since motivation requires high expectancy, instrumentality, and valence.

Answer:

low, since motivation hinges on high expectancy, instrumentality, and valence.

Explanation:

The expectancy theory of motivation posits that an individual will be driven to perform if they perceive their efforts will yield a positive reaction from their employer or result in satisfactory compensation. An employee who doubts their ability to meet the demands for a promotion will have a diminished level of motivation.

7 0
2 months ago
Amortization Expense For each of the following unrelated situations, calculate the annual amortization expense and prepare a jou
soldi70 [3635]

Answer:

A. Dr Amortization expense $43,750

Cr Patents $43,750

B. Dr Amortization expense $5,230

Cr Patents $5,230

C. Dr Amortization expense $14,000

Cr Franchises $14,000

Explanation:

Journal entry preparations

A. Dr Amortization expense $43,750

($350,000÷8 years = $43,750)

Cr Patents $43,750

(Recording amortization for the patent)

B. Dr Amortization expense $5,230

($52,300÷10 years = $5,230)

Cr Patents $5,230

(Recording amortization for the patent)

C. Dr Amortization expense $14,000

($70,000÷5 years = $14,000)

Cr Franchises $14,000

(Recording amortization for franchises)

8 0
2 months ago
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