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2 years ago

Some customers are __________, caring about new developments in their category and seeking out new products.

Business

1 answer:

jeyben [28]2 years ago

3 0

Answer:

Early adopters

Explanation:

Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers

Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc

Therefore in the given situation, the early adopters should be chosen for the new developments in the products category

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Imagine two cities, Hometown and Visitorsville, where the rich, middle, and poor income recipients in one city have annual incom

Grace [21]

Answer:

The answer is letter A.

Explanation:

The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.

6 0

2 years ago

You are a landlord for an office building. You just received a claim letter from a tenant asking for a refund of $2,000 for extr

Tanya [424]

Answer:

See the explanation below.

Explanation:

The Accounting Officer,

ABC Co.,

12, Ogbere Road,

Ibadan, Nigeria.

28 July 2019

Dear Mr. James,

Re: Refund of $2,000 Excess Receipt and Rent Adjustment

Kindly take this as response to your request for a refund of $2,00 for extra rent that was paid in June.

After a careful examination of my bank statement, I discovered that my account was credited twice with the sum of $2,000 for the rent due to a bank error.

The adjustment is hereby made as follow:

Details $

Amount received 4,000

Refund of excess payment (2,000)

Actual rent paid  2,000 

Kindly find enclosed in this letter an amount of $2,000 as the refund of the excess payment.

I look forward to receiving your response and acknowledgment of the receipt of the refund.

Yours sincerely,

Amcool.

4 0

2 years ago

Chester has negotiated a new labor contract for the next round that will affect the cost for their product City. Labor costs wil

Dmitriy789 [7]

Answer:

Find attached complete question:

Option A 1452 units

Explanation:

The increase in labor cost=$3.39-$2.89=$0.50

Half of the increase would reflect as increase in price i.e$0.25

Current price is $16

new price is $16+$0.25=$16.25

contribution margin =selling price -variable cost

currently units sold=$30,875/$16= 1,930

Current contribution per unit=$11,401/1930=$5.91

new contribution per unit would reduce by $0.25 i.e $5.91-$0.25=$5.66

breakeven in units=period cost/contribution margin per unit

period cost is $8346

breakeven units=$8346/$5.66=1475 units

The closest option is A 1452 units,the difference could be due to rounding error

Download docx

4 0

2 years ago

On January 2, 2018, Hernandez, Inc. signed a 10-year noncancelable lease for a heavy duty drill press. The lease stipulated annu

alex41 [277]

Answer:

The below additional piece of information is missing from the question:

In its 2018 income statement, what amount of interest expense should Hernandez report from this lease transaction?

The interest expense for 2018 is $150,000

Explanation:

Interest expense for 2018 is the implicit interest 10% multiplied by the difference present value of $1,800,000 minus annual payment of $300,000.

In order to compute the interest expense,the annual payment must be deducted first since the annual payment was made at the start of the year,hence interest is only due on the net amount of $1,500,000($1,800,000-$300,000).

Interest expense=$1,500,000*10%=$150,000

8 0

2 years ago

The cash account for Coastal Bike Co. at October 1, 20Y9, indicated a balance of $36,016. During October, the total cash deposit

Semenov [28]

Answer:

Explanation:

This is an incomplete question and the missing part is as listed.

A) Prepare a bank reconciliation as at October 31, 20Y9

B)Jornalize the necessary entry

C)If a balanced sheet was prepared for Coastal Bike Co., what amount should be reported as cash?

Solution

Opening cash balance - 36,016

Cash deposited - 138,030

Check written - (138,571)

35,475

Bank reconciliation for Coastal bike as at October 31 20Y9

Cash balance according to Bank statement - 43,940

Unrecorded deposit 1796

Bank error (750-570) 180

Outstanding checks 6281

Total adjustment 4,305

Adjusted balance 39,635

Cash balance after considering the month,s transaction 35,475

Note collected by bank 5670

Bank charges 26

Returned checks 1,394

Error in recording check(210-120) 90

Total adjustment 4160

Adjusted balance 39,635

Entries that increase cash

Description Debit Credit

Cash 5670

Note receivable 5400

Interest Income 270

Accounts payable (Rack pro) 90

Accounts receivable (Bay view) 1394

Bank charges 26

Cash 1510

Amount to be recorded as cash in balanced sheet

Opening cash balance - 36,016

Cash deposited - 138,030

Check written - (138,571)

35,475

7 0

2 years ago