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andrew-mc [135]
2 years ago
5

When Starbucks first opened, many critics suggested, "No one will pay $4 for a cup of coffee." Starbucks's critics suggested con

sumers would not be ________ to the company's offerings.
Business
1 answer:
Anna [14]2 years ago
4 0

<u>Full question:</u>

When Starbucks first opened, many critics suggested, "No one will pay $4 for a cup of coffee." Starbucks's critics suggested consumers would not be __________ to the company's offerings.

a. responsive

b. perceptive

c. identifiable

d. reachable

e. quantifiable

<u>Answer:</u>

Starbucks's critics suggested consumers would not be responsive  to the company's offerings.

<u>Explanation:</u>

Marketing is all concerning providing the requirements and needs of purchasers. Consumers have supplies and are prepared to contribute to meeting their requirements by acquiring goods and services. The benefit of products offered in the markets depends on whether they satisfy consumer or company needs.

Consumers’ choices on whether to acquire or not to acquire will be a sign of the production of the goods in the market. A portion is responsive if its members behave likewise and confidently to the purchasing mix. Initial critics did not gather that purchasers would acknowledge confidently to the proposal of a $4 cup of coffee.

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Minnetonka Company leases an asset. Information regarding the lease:
wariber [46]

Answer: The options are given below:

A. Short term.

B. Operating.

C. Long

D. Finance.

The correct option is D. Finance.

Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.

In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.

4 0
2 years ago
Read 2 more answers
On December 1, Victoria Company signed a 90-day, 8% note payable, with a face value of $6,600. What amount of interest expense i
Ket [755]

Answer:

$44

Explanation:

The computation of the accrued interest expense is shown below:

= Face value or Principal × rate of interest × number of days ÷ (total number of days in a year)  

= $6,600 × 8% × (30 days ÷ 360 days)

= $44

We assume there are 360 days in a year

And, the 30 days is calculated from December 1 to December 31

This is the answer and same is not mentioned in the given options.

7 0
2 years ago
A company uses the FIFO method for inventory costing. At the start of the period the production department had 20,000 units in b
UkoKoshka [18]

Answer:

equivalent cost per unit for labor: $4.1982

Explanation:

complete and transferred    165,000

work on ending WIP               16,500  //   22,000 x 75%

previous work on beginning (8,000) //  20,000 x 40%

Equivalent units                   173,500

labor cost added during the period 726,825

equivalent cost 726,825/173,500 = 4.198193084

equivalent cost per unit for labor: $4.1982

7 0
2 years ago
At the beginning of the period, a company reported $100,000 of common stock, $10 par; and $50,000 paid-in capital in excess of p
Romashka-Z-Leto [24]

Answer:

$50,000

Explanation:

To calculate the amount of cash that the company received from selling common stock during the year 2 we can use the following formula:

cash received = (common stock year 2 - common stock year 1) + (paid in capital in excess of par year 2 - paid in capital in excess of par year 1) =  

cash received = ($110,000 - $100,000) + ($90,000 - $50,000) = $10,000 + $40,000 = $50,000

3 0
2 years ago
Exeter Company acquires 35% of the voting stock of Fenton Corporation for $7,000,000 on January 1, 2020. At the time, the book v
ArbitrLikvidat [17]

Answer:

a. $700,000.

Explanation:

20,000,000 x 35% = 7,000,000

purchase cost:          7,000,000

nor goodwill or excess of value should be recognized.

But, if the face value is 15,000,000 then:

15,000,000 x 35% =  5,250,000

we recognize a goodwill of 1,750,000

which will be amortized over 5 year thus:

1,750,000 / 5 = 350,000

For the income of Frenton it will recognize the proportion of the net income and subtract the amortization on the goodwill.

3,000,000 x 35% =   1,050,000

amortization        <u>       (350,000)  </u>

<em>income from Frenton  700,000</em>

<em />

8 0
2 years ago
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