Answer:
utility power
Explanation:
In simple words, the location of the house has been said to be in a prominent region, it gives the house a competitive advantage over other units, also the house has been maintained and restructured bu the seller so that it looks more good and healthy.
The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.
Answer:
Debit : Cost of Goods Sold : $75
Credit : Inventory : $75
Explanation:
The lower-of-cost-or-market method is based on the conservative accounting theory. This is where company accounts are prepared with caution and verification. All losses are recorded as they are discovered whereas gains are recorded only after realised. In this case, there is a gain in Inventory A, hence it won’t be recorded as of yet. However, the value of Inventory B has reduced and this requires to be recorded.
The cost of Inventory B should be reduced to the lower net realizable value, hence it would be reduced by the difference : $625 - $550 = $75
Debit : Cost of Goods Sold : $75
Credit : Inventory : $75
Answer:
Explanation:
To obtain the needed detail of order table and order date for each order place by customer, has to be filtered with "John's Department Store"
select ORDER_NUM, ORDER_DATE frome orders as o
inner join customer as c on c.CUSTOMER_NUM=o.CUSTOMER_NUM
where c.CUSTOMER_NAME = "Johnson's Department Store"
Answer:
"Market allocation
" would be the correct answer.
Explanation:
- The expression 'market allocation' has been used to refer to something like a form of horizontal trading relationship where various companies collaborate to a conceptual model to limit the individual business-related activities to similar aspects such as temporary groups, defined geographical regions, and sometimes even respective customer groups.
- This arrangement is commonly a form of the contract during which the participants distribute the marketplace between itself.
So that the given scenario is the example of Market allocation.
