Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account
Using this formula
Check amount=(Merchandise sold- Merchandise return)- [(Merchandise sold- Merchandise return)× Discount]
Where:
Merchandise sold=$4,000
Merchandise return=$500
Discount=2%
Let plug in the formula
Check amount=($4,000-$500)-[($4,000-$500)×2%]
Check amount=$3,500-($3,500×2%)
Check amount=$3,500-$70
Check amount=$3,430
Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.
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Robertson Construction entered into a contract to construct a tunnel for a fixed price of $12,000,000. Robertson recognizes revenue over time according to percentage of completion. Here are some facts: In 2021: Cost incurred during the year is $3,000,000; Estimated cost to complete is $6,000,000 In 2022: Cost incurred during the year is $500,000; Estimated cost to complete is $6,500,000 In 2023: Cost incurred during the year is $6,500,000; Estimated cost to complete is $0. How much gross profit/loss would Robertson recognize in 2022
By measuring the gross revenue Robertson would recognize in 2022, the amount is $5,600,000.
To understand better, we have to begin with the year 2021, where we have the following:
Given that the % of completion = cost incurred till now ÷ total estimated cost;
We have => $3,000,000 ÷ ($3,000,000 + $6,000,000) = 33.33%
Hence, we have the final revenue in the year 2021 to be recognized as
=> $12,000,000 × 33.33% = $4,000,000.
By the year 2022, we have the following percentage completion.
=> ($5,000,000 + $3,000,000) ÷ ($3,000,000 + $5,000,000 + $2,000,000) = 80 percent.
Therefore, we have the total revenue to be recognized
=> $1,200,000 × 80% = $9,600,000
Then given that the Revenue already realized in 2021 = $4,000,000
Therefore, the revenue to be recognized in 2022
=> $9,600,000 - $4,000,000 = $5,600,000.
Hence, in this case, it is concluded that the gross revenue Robertson would recognize in 2022, the amount is $5,600,000.
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which constraint does not allow someone to create an order for a nonexistent customer?
Answer:relational integrity constraint
Explanation:
Careers of the future are easy to predict.
False or true
Answer:
False
Explanation:
False
This is false because you don't know if there will be new careers developing within time and and new job opportunities are going to be available.
the group of consumers most likely to purchase a particular product are called a
Answer:
A target market.
Explanation:
The group of consumers most likely to purchase a particular product is called the target market.
What is a target market?A target market is a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics such as age, income, and lifestyle.
Identifying the target market is a key part of the decision-making process when a company designs, packages, and advertises its product. A new product must satisfy a need or solve a problem, or both. That need or problem is probably not universal unless it reaches the level of indoor plumbing. More likely, it is needed by a subset of consumers, such as environmentally-conscious vegetarians, or science nerds, or outdoor enthusiasts. It may appeal to a teenager or a middle-aged professional, a bargain-hunter or a snob.
The target market also can inform a product's specifications, packaging, and distribution.
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#SPJ2
in what year did starbucks serve its first caffè latte?
Answer:
1984
Explanation:
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PLEASE HELP ME I NEED HELP!!!!!!
Which of these factors would NOT cause the demand curve for a particular good to shift?
Group of answer choices
a change in the costs of a necessary factor of production
a change in the number of consumers in the market
a change in the level of consumer income
a change in consumer preference
Answer:
a change in the level of consumer income
Explanation:
i did the problem recently :)
ms. frankel knows each and every child who comes to her art program and prides herself on knowing how she can personally address each of their artistic strengths. what type of market coverage strategy is ms. frankel employing in her business?
Answer:
micromarketing
Explanation:
In reaching the desired customers in business, several strategies can be applied. The type of market coverage strategy that is used when Ms. Frankel knows each and every child who comes to her art program and also knows how she can personally address each of their artistic strengths is:
MicromarketingIn micromarketing, businesses segment their target customers into niches that they can study to understand their behavioral patterns and thus tailor their activities to their needs.
This is what Ms. Frankel hopes to achieve when she studies each child that comes to her art class to understand their needs.
Summarily, micromarketing was used by Ms. Frankel.
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Explain why the more education a person has, the more money they make.
(Answers should include the screening effect and the learning effect.)
Answer:
because. a more educated person have a good profession and by that they can earn a good sources of money
Answer:
a more educated person have a good profession and by that they can earn a good sources of money
Explanation:
1 points Time Remaining 3 hours 32 minutes 11 seconds03:32:11 eBookPrintReferencesItem 31 Time Remaining 3 hours 32 minutes 11 seconds03:32:11 A __________ is a private investment pool open only to wealthy or institutional investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds.
Hedge fund refers to that investment vehicle which serves only for the accredited investors, high class institutional investors and high net worth individuals. They hold the greatest risk and try to achieve highest return among all.
what type of cost remains the same per unit at every level of activity?
Answer:
A variable cost
Explanation:
A variable cost remains the same per unit at every level of activity.
I hope this helps.
Which of the following is the best example of a new business that you would see in the economy today?
Multiple Choice
A - Glass manufacturing plant
B -Smartphone production facility
C - Oil refinery
D -Grocery store
E-Subscription-based meal-kit service
Out of all the given options, there is one business that stands out as something most people might not have even heard of.
This unique and novel business is E. Subscription-based meal-kit service.
Glass manufacturing, oil refinery, grocery store businesses have been operating for the longest time. Smartphone production has also existed for 30 years now.
For the past few years, with the rise of tech industries and tech jobs, urbanites are finding it hard to cook meals and had started eating out or dining at restaurants more often.
Seeing this as an opportunity to serve busy people home-cooked meals, many chefs and food businesses have started something called a cloud kitchen where you simply pay a one-time subscription to get a whole week or even a month's meals.
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which u.s. currency bill was the largest ever printed for public use?
Answer:
The $10,000
Explanation:
"The $10,000 bill was the largest-ever printed denomination for the public, making its first appearance in 1918. The face of Salmon P. Chase, Abraham Lincoln's Secretary of the Treasury and Chief Justice of the Supreme Court, graced the front of this large bill."
what are the risks of partnering? select all that apply.
for economics students: does anyone have an example of a demand and supply curve diagram for the labour force that is suitably labeled? thanksss :))
What pricing strategies do McDonalds use.
Stanley is 21 years of age, single, living at home with Mom, Dad, and his younger sister, but he is not claimed by his parents. Stanley worked at Hot Dog Heaven and earned $9,325 in 2018 and filed a federal1040 tax return. He plans to attend college full-time. What documents does he need to complete his FAFSA application?
The document that he needs to complete his FAFSA application is D. None of the above.
FASFA Application is an acronym for The Free Application for Federal Student Aid. This is an application that is done that allows students to be considered for Federal student aid.
The documents that a student needs to complete his FAFSA application include one's security number, the Federal Income tax returns, and every other record of the money that the person has earned.
From the complete question, none of the above options are given, therefore, the correct option is None of the above.
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o d
Of the following, which is NOT in the socio-economic category of managed trade?
a. Embargoes
O b. Countertrade
.
O
O O O
c. Ethics and safety
5.
O
O d. Export cartels
7.
O
O e. The infant industry argument
8.
o
9.
a
10.
o
11.
о
12.
O
13.
оо
14.
Answer:
D.
Explanation:
Growing a business often results in growing your
Answer:
Product line. As a company grows, it is often important to increase the products you offer, or else your company will become stuck in a vicious cycle of stagnancy.
Explanation:
Hope this helps! Have a great day, and spread some positivity!
what are 4 most common financial institutions
Answer:
The most common types of financial institutions are commercial banks, investment banks, insurance companies, and brokerage firms.
Explanation:
by what date must taxes be filed in the united states?
Answer:
april 15
Explanation:
its a direct question the isnt an explanation
Many businesses use find-a-hand, a professional staffing agency because of the employees’ expertise in recruiting and selecting workers that match the needs of their business clients. in a swot analysis, the employees’ high levels of knowledge are an example of the find-a-hand’s:
It is an example of Strength in SWOT Analysis.
SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization includes the Strength, Weakness, Opportunities and Threat.
Professional staffing agency isused by organization to recruit qualified workers into the organization.But, employees’ with high levels of knowledge can also perform the purpose for business client, so, this situation forms part of the Strength factor for such organization.In conclusion, an example of the find-a-hand’s forms the Strength in the SWOT analysis of the company.
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The __________ is the set of guidelines issued by the EEOC and other agencies to identify how an organization should establish a recruitment process that is free and fair. Multiple Choice Code of Federal Regulations Equal Opportunity Legislation and Policy Uniform Guidelines on Employee Selection Procedures Uniform Commercial Code Equal Employment Opportunity Commission's Employer Information Report
Using the amount of his current paycheck, Miguel created a series of financial goals and strategies. Which type of financial risk might this cause for him in the future?
✅income risk
- interest rate risk
- personal risk
- inflation risk
The Inflation risk is the financial risk might affect Miguel in the future.
The financial risk are risk that pose the possibility of losing one's money on an investment or business venture.
Here, it is obvious Miguel financial goals and strategies may involve investment with his Current paycheck say $1,000,000.
If he invest in a Money market now which pays 10%, Inflation will cause the purchasing power of the amount e invested to reduce in the future.
Thus, the Inflation risk, also called purchasing power risk is the financial risk that might affect Miguel financial goals and strategies.
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Many entire vocations in the United States have disappeared in the last few decades. What if the following is a possible explanation for why vocations have entirely disappeared the last few decades?
A possible explanation for the disappearance of vocations in the past decade is advancement in technology.
With advancement in technology, many jobs have become obsolete as they can be performed more efficiently by computers compared with humans. For example, there are some record keeping tasks that people were employed to carry out but with the invention of efficient technology, humans are no longer to perform this functions.
Another job that is been rendered obsolete by technology is the job of a librarian. Most of the job functions carried out by a librarian can now be carried out computers.
Technology rendering jobs obsolete increases the rate of structural unemployment. This unemployment occurs when the skill labour posses are no longer demanded for in the economy.
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Answer:
The low cost of foreign goods could cause manufacturing to be done overseas
going to the movies is an example of what types of expenses?
hi i needa gf im 16 im a kind loving caring person anyone 13 through 17
Answer:
r u a dude, cuz if u are then no, thx.
________ is a technique used to predict future outcomes based on historical data and analytics techniques.
Answer:
predictive analytic
Explanation:
predictive analytic is the use of data and machine learning techniques to identify future outcomes based on historical data.
what reflects the perceived quality of a company’s goods and services in the eyes of the public?
The company's reputation reflects the perceived quality of its goods and services.
A company's reputation will always show the perceived quality of its goods & services as well as prominence of the brand in the minds of the public.
A brand reputation is one of the most important intangible asset of a company because its gives rise to the tangible asset which means higher sales and increased profits.In conclusion, brand reputation was gained through customers trust & loyalty from the company's consistent service.
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Describe the key features of a financial record keeping system.
Answer:
A financial record keeping system should be safe, comprehensive and accessible.
Answer:
A financial record keeping system should be safe, comprehensive and accessible.
Explanation:
Correct on edg. 2021
Explain the tool of monetary policy a government could use to gain positive balance of payment
Answer:
What is the tool of monetary policy?
Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves. 1 Most central banks also have a lot more tools at their disposal. Here are the four primary tools and how they work together to sustain healthy economic growth.
Explanation:
