Answer:
Given:
The total transaction price for the sale of the stereo system and the extended warranty is $3,000.
The standalone price of each is $2,300 and $900, respectively.
The estimated cost of the assurance-warranty is $350.
Here, in this case the warranty expenses against sale of stereo is on basis of expected expenses
.
Expected expenses in future is for certainty and sum collected against this expenses. Therefore, $ 900 is gathered under assurance-warranty while no cost is incurred. Therefore, they will credit the unearned warranty revenue of $ 900
<u><em>Option (4) is correct.</em></u>
Carmaker Kia has used its 10-year/100.000 mile warranty program to improve consumer perceptions of the reliability of its vehicles, they are clearly using positioning marketing strategy, they are trying to position their vehicles giving a benefit others wouldn´t give, such as a long warranty, and at the same time offer a competitive price so clients would need to think and balance, price, benefits and quality.
Answer: $5,400
Explanation:
The 300 students on average agreed that they would be willing to pay $18 fo the beautification project.
The total monetary value of the benefit of the beautification initiative, as suggested by the survey is the amount that would be accrued if every student paid for the project at their Average Willingness to pay.
This would be,
= 300 * 18
= $5,400
The Total Benefit as suggested by the Survey is $5,400.
NB - The Total Benefit as suggested by the Survey is LESS than the cost of the Survey so the project SHOULD NOT be embarked on.
Answer:
Executive information systems
Explanation:
Executive information systems - The reason behind establishing this system that allows the user to access internal and external data for completing the goal of the organization. it helps in decision making process by allowing access to the internal data. it includes quantitative analyses, statistical tools,etc.
