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luda_lava [24]
2 years ago
13

A company either performs a service, sells inventory that it purchases from others, or manufacturers a product; it cannot serve

more than one of these functions. True or False
Business
1 answer:
alina1380 [7]2 years ago
8 0

Answer:

False

Explanation:

The company either provides a service to its clients and sell its goods to the customers so that it can accomplish their targets and can achieve a maximum share in the market

In the given situation, it is mentioned that the company either performed a service, sells inventory i.e purchase from others but this is a wrong statement as it provides a service and sells its goods but not perform a service

Hence,  the given statement is false

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The management of Woznick Corporation has been concerned for some time with the financial performance of its product V86O and ha
kumpel [21]

Answer:

a. ($35,000)

Explanation:

The computation of the financial advantage or disadvantage of dropping product V860 is shown below:

= Sales - Variable cost - Avoidable fixed manufacturing - Avoidable fixed selling

= $150,000 - $72,000 - $30,000 - $13,000

= $35,000

This $35,000 would be a financial disadvantage and the fixed cost should not be considered as it is not held for decision making purpose

Hence, the correct option is a

6 0
2 years ago
On June 2, 2021, Tabitha Co. purchased a franchise for $586,000 by signing a five-year contract. At the end of the five years, t
Usimov [2.4K]

Answer:

Tabitha Co.

The gain recorded on the sale of the patent is:

= $7,933

Explanation:

a) Data and Calculations:

June 2, 2021, Purchase of Franchise for $586,000

Period of franchise = 5 years

September 1, 2023, Sale of Franchise for $340,000

Annual amortization expense = $117,200 ($586,000/5)

Amortization Schedule:

June 2, 2021 to December 31, 2021 = $58,600 ($117,200/2)

Jan. 1, 2022 to December 31, 2021 =  $117,200

Jan. 1, 2023 to September 1, 2023 =    $78,133 ($117,200 * 8/12)

Total amortization during the period = $253,933

Initial cost = $586,000

Accumulated amortization = $253,933

Reduced book value = $332,067

Sales proceed = $340,000

Gain from sales = $7,933 ($340,000 - $332,067)

6 0
1 year ago
You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is call
igomit [66]
Is called collusion

It's actually price collusion to be precise ( not to be mistaken for the crime collusion)

Often time, to attract customers, sellers will offer a lower price than their competitor. Though it may attract more customer, it will lower their profit.

In price collusion, all sellers is guaranteed to have same product price and profit margin, creating a perfect competition market for that product
6 0
2 years ago
Read 2 more answers
AutoPROS uses its website to target car parts stores and car owners and tell them of the benefits of using their long-lasting sp
Brrunno [24]

Auto pros is using the push and pull strategies.

<u>Explanation:</u>

A push strategy is to promote an item at a client, while a draw technique pulls a client towards an item. Push strategy is a speedy method to move a client from attention to buy, while pull methodology is tied in with making a continuous relationship with the brand.

The business terms push and pull started in coordination and production network the board, but at the same time are generally utilized in showcasing, and is likewise a term broadly utilized in the lodging conveyance business.

8 0
2 years ago
Nefchio is a popular website among online gamers. It uses interactive and collaborative features to create a richer, more intere
Mrac [35]

Answer: Web 2.0

Explanation:

Web 2.0 are the websites that are easy to use, have participatory culture, utilize user-generated content for its end users.

This is the method used by Nefchio as we are informed that it uses interactive and collaborative features to create a richer, more interesting, and more useful experience for its users to beat the competition in the industry.

5 0
2 years ago
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