Creative product differentiation can enable a small business to increase market share.

Paula tells her rental agent, Tom, not to violate the fair housing laws. Tom nevertheless wrongfully discriminates against a pro

Eduardwww [97]

Answer:

(C) both Paula and Tom are liable for Tom's act of discrimination.

Explanation:

As the principal or as the real estate broker, both are held equally liable for any kind of non compliance towards state tax, or federal tax or anything.

This is because both are liable, the broker because he was assigned that job and the principal because just transferring the job did not free the principal from his liabilities.

Accordingly, when the court will take decision it will make Paula and Tom both liable for any kind of false act.

6 0

2 years ago

ordan Industries declared a $0.90 per share cash dividend. The company has 180,000 shares authorized, 61,000 shares issued, and

Sophie [7]

Answer:

Dividend = 58,000 * $0.90

Dividend = $52,200

Date Account titles and Explanation Debit Credit

Dividend declared $52,200

Dividend payable $52,200

(To record the dividend declaration)

6 0

2 years ago

Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.

qwelly [4]

Answer:

Cost of goods manufactured schedule for Case1

Opening Work In Process $1,000

Add Total Manufacturing Costs $16,000

Less Ending Work In Process ($3,000)

Cost of goods manufactured $14,000

Income statement for Case 1

Sales $24,500

Less Sales discounts ($2,500)

Net Sales Revenue $22,000

Less Cost of Goods Sold

Beginning Finished Goods Inventory $3,300

Add Cost of goods manufactured $14,000

Less Ending Finished Goods Inventory ($3,400) ($13,900)

Gross Profit $8,100

Less Operating expenses ($2,500)

Net Income $2,500

Current assets section :

Inventory :

Raw Materials $600

Work In Process $3,000

Finished Goods $3,400

Receivables (net) $15,000

Prepaid Expenses $400

Cash $4,000

Total Current Assets $26,400

Explanation:

Part b

Cost of Goods Manufactured = Opening Work In Process + Total Manufacturing Costs - Ending Work In Process

Part c

Income statement shows the Profit earned during the reporting period

Profit = Gross Profit - Operating expenses

Part d

The current assets section will include assets of a short term nature (not exceeding a period of 12 months). For a manufacturing company, it is important to show each inventory balance in the inventory categories of Raw Materials, Work In Process and Finished Goods among other items.

Note : Current Assets are shown in their order of liquidity in the Balance Sheet as above.

3 0

2 years ago

____ is not a characteristic common to all organizations. Select one: a. Equal authority and responsibility b. Common goal or pu

Lyrx [107]

Answer: Equal Opportunity and Responsibility.

Explanation: Every successful organization share in common: a common goal they target to achieve, proper coordination, and hierarchy of authority.

In most organizations authority is NOT equal and each individual has their key roles they perform to ensure success is achieved.

There is always a leader or a team of leaders and those following their lead.

5 0

2 years ago

Consultant Co. is in the business of public relation consulting. The firm has two units: Government (working with various levels

Leto [7]

Answer: See attachment

Explanation:

a. Based on the information in the attachment, the indirect costs that's allocated to the units will be:

Government = 450,000

Corporate = 750,000

The expected revenue that can be generated from the government unit will be:

= 495,000 × (100% + 15%)

= 495,000 × 1.15

= $569250

b. Based on the information given, the indirect costs that's allocated to the units will be:

Government unit = 360,000

Corporate unit = 840,000

The revenue from the government will be:

= 405000 × (100% + 15%)

= 405000 × 115%

= 405000 × 1.15

= $465750

c. If the firm chooses total hours worked as the cost driver, the indirect costs be allocated to the two units as:

Government = 400,000

Corporate unit = 800,000

Revenue from government will be:

= 445000 × 115%

= 445000 × 1.15

= $511750

Check attachment for further explanation.

6 0

2 years ago