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jeka94
2 years ago
9

Erica wants to replace her old washing machine with a new one. In order to get the maximum value for her money, she plans to spe

nd substantial time and effort in gathering information and making product comparisons before making the actual purchase. In this instance, Erica is planning to buy a(n) ________ product. Group of answer choicesA) convenienceB) unsoughtC) specialtyD) shoppingE) exclusive
Business
1 answer:
Makovka662 [10]2 years ago
3 0

Answer:

D. shopping

Explanation:

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,119 Accounts r
lozanna [386]

Answer:

40 days.

Explanation:

In the absence of the information about opening receivables, the closing figure is assumed to be the average accounts receivables,

Hence,

Debtors Turnover Ratio for Reagan:

= Sales ÷ Average Accounts Receivables

= $608,000 ÷ $73,922

= 8.22 times

Assuming that the number of days in a year as 365,

the firm's days sales uncollected for the year works out to:

= 365 days ÷ Debtors Turnover Ratio

= 365 ÷ 8.22

= 40.40 or 40 days.

4 0
2 years ago
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio
baherus [9]

Answer:

                               Job 765        Job 766

Direct material         $5,670          $8,900

Direct labor              $3,500          $4,775

Overhead                 $5,400          $8,800

                                (27*200)        (44*200)

Total Job cost          $14,570        $22,475

b) Cost per unit  = Total job cost/unit produced

Job 765 = $14,570/152 units

Job 765 = 95.86

Job 766 = $22,475/250 units

Job 766 = 89.90

8 0
2 years ago
The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1
jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's  annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0
2 years ago
Read 2 more answers
Which of the following statements is FALSE? The risk premium of a security is determined by its systematic risk and does not dep
trasher [3.6K]

Answer: Under the given option; the statement (d) is false. i.e. <u><em>Fluctuations of a stock's returns that are due to firm-specific news are common risks.</em></u>

<em>Fluctuations of a stock's return that are due to </em><u><em>market wide news</em></u><em> are common risk. These tend to fluctuate with fluctuation in market wide news and several other variables. </em>

<em>Therefore, the statement </em> <em>Fluctuations of a stock's returns that are due to firm-specific news are common risks, is </em><u><em>false.</em></u>

<u><em>The correct option to this question is (d)</em></u>

3 0
2 years ago
Read 2 more answers
Bentley manages a building supply company. He wants to invite 20 of his most valuable building-contractor customers to a golf ou
Radda [10]

Bentley will likely use the firm's <u>CRM databases</u> to identify these customers.

<u>Explanation</u>:

CRM databases collect information about the customers. It can be used to identify the best customers. The database stores the annual sales report.

CRM is a customer relationship management that manages the interaction between company and customers.

CRM database holds all the data related to the customers like their name, email address, age, Skype address and occupation details.

In the above scenario, Bentley can use CRM database to filter twenty valuable building contractor customers and invite them for golf outing and party.

6 0
2 years ago
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