Answer: If you want to purchase any kind of goods and services like furniture, appliances, electronic gadgets, and other such items but you do not have enough money or cash or credit to purchase it, then the rent to own becomes your lender of last resort.
They are the business where they collect weekly or monthly payments of the product and until the cost of the item is not covered and then the items come in the buyer’s possession after the payment is made in full.
Answer:
No impact on accounting equation of Breeze Inc.
Explanation:
Account equation: Asset = Liabilities + Shareholders' equity
Upon delivery and invoicing of the 4 wind turbines, the Breeze Inc. had recognized following journal entry:
An asset is recorded
Accounts receivable (Debit)
Sales (Credit)
Upon receipt of cash, accounts receivable is credited and cash is credited e.g. there is no impact on total assets, therefore there is no impact on accounting equation.
Answer:
Explanation:
weight average = fraction of A X MW of A + fraction of B x MW of B
Mixture 1
1 / 3 x 100000 + 2/3 x 400000 = 900000 / 3 = 300000
Mixture 2
2/3 x 100000 + 1/3 x 400000 = 600000 / 3 = 200000
Number average
Mixture 1
(1 / 100000 x 100000 + 2 / 400000 x 400000) / (1/100000 + 2/400000 )
= 3 x 400000 / 6
= 200000
Mixture 2
(2/100000 x 100000 + 1/400000 x 400000 )/ (2/100000 + 1 / 400000 )
3 x 400000 / 9
=( 4/3 ) x 100000
Answer:
Richard is trying to understand if his product or service is substitutable.
Explanation:
According to the resource based theory, businesses gain competitive advantages over other businesses in the industry based on the strength of their resources.
For competitive advantage to be sustainable however, such resources must be rare, and not easily imitated or substituted.
Richard is carrying out research on his competitors to find out what they have to offer, to know if his product can be easily substituted or replaced.
