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2 years ago

The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called

1 answer:

Montano1993 [528]2 years ago

6 0

<span>The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called total product offer also known as a value package.

When a consumer evaluates something before they purchase, they want to make sure they are getting everything out of the item. It needs to fit their wants and needs and by evaluating the item consumers ac accurately decide if it is the right good or service for them.
</span>

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On May 1, 2021, Cedar Corp. paid $432,000 for rent on warehouse space one year in advance. On November 1, 2021, Cedar Corp. ente

lorasvet [3.4K]

Answer: $324,000

Explanation:

Cedar Corp. paid $432,000 for a year in advance. According to the Accrual principle in Accounting, expenses are to be recorded only when incurred.

The rent will therefore have to be apportioned to the months that it has paid for in the current period.

Rent for year = $432,000

Rent for month = 432,000/12 = $36,000

April - December = 9 months

Rent for the year = 9 * 36,000

= $324,000

Note; <em>Question is about Rent expense which is how much Cedar Corp has paid not about how much they have received. </em>

4 0

1 year ago

Grouper Corp. retires its $640000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying v

AleksAgata [21]

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $640,000

Premium on bonds payable A/c Dr $23,970

Loss on bonds redemption A/c $8,030

To Cash A/c $672,000 ($640,000 × 1.05)

(Being the redemption of bond is recorded and the remaining balance is debited to the Loss on bonds redemption account)

The Premium on bonds payable is computed below:

= Carrying value of the bonds - face value of the bond

= $663,970 - $640,000

= $23,970

4 0

1 year ago

im Hunter has decided to retire to Florida in 10 years. What amount should Jim invest today so that he'll be able to withdraw $2

VLD [36.1K]

If he wants to withdraw $25,000 each year for 30 years after his retirement 10 years from now, he should invest either letter B. $105,470.27 or D $108,490.27. While he was withdrawing $25,000.00 his investment still remains untouched for the 30 years and it is still increasing. He may increase his yearly withdrawal.

5 0

1 year ago

Calvin and Hobbes run a company that sells wallet chains and wallet decals. Calvin is faster at making decals than chains, and H

Yakvenalex [24]

Answer:

Company output will be maximized if Calvin makes all the decals and Hobbes makes all the chains.

-Calvin has a comparative advantage for making decals.

-Hobbes has a higher opportunity cost for making decals than Calvin.

Explanation: Each partner should focus on the task where he has a comparative advantage.

In the situation of Calvins: if someone has a comparative advantage in producing something, that means he also has a lower opportunity cost in practicing that object.

In the situation of Hobbes: if he has a higher opportunity cost for making decals, then Calvin has a lower opportunity cost for making decals.

6 0

1 year ago

Read 2 more answers

Global Shipping Corporation and Harbor Warehouse Company transfer their property to Investment Managers, Inc., which manages the

harkovskaia [24]

Answer:

Joint stock company

Explanation:

Global Shipping Corporation is a joint stock company because they have investment managers. Joint stock company is a structure in which share are sold to the stockholders of the company. Overall, the shareholders select board of directors by joint voting. In a joint stock company the shareholders are allowed to sell their shares to others.

3 0

1 year ago