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Salsk061 [2.6K]
2 years ago
11

In consumer finance, which of the following are primarily used? A. financial statements B. budgets C. both budgets and financial

statements​
Business
1 answer:
Nady [450]2 years ago
3 0

Answer:

Explanation:

The most important financial statement for the majority of users is likely to be the income statement, since it reveals the ability of a business to generate a profit. The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.

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Salon Du Jour offers special combination packages at a reduced price. Separately, a haircut is $30 and a conditioning treatment
Alekssandra [29.7K]

Answer:

Product Bundle

Explanation:

Product bundle is the term which is defined as where the several individual  services or goods which are sold to the consumers in a single combined package. And the few retailers only sell the items as a product bundle not individually.

In this scenario, the Salon offers the combined package of $50 and the individually the prices are different . So, it will be called or known as the Product bundle.

7 0
4 years ago
You're trying to choose between two different investments, both of which have up-front costs of $86,000. investment g returns $1
Leni [432]

Answer: The Rate of return earned by Investment G is 8.37%, while the rate of return earned by investment H is 8.54%.

We have

                                   Investment G           Investment H


Future Value of returns         151000                         271000


No. of years                               7                              14


Costs                                 86000                           86000


Rate of Return Formula :

RoR = \left (\frac{Ending Value of investment}{Beginning Value of investment}\right )^\frac{1}{n} -1

Substituting we get ,            

Investment G

RoR = \left (\frac{151000}{86000}\right )^\frac{1}{7} -1

RoR = 1.755813953^{0.142857143} -1

RoR = 1.083740989 -1 = 0.083740989

RoR = 8.37%

Investment H

RoR = \left (\frac{271000}{86000}\right )^\frac{1}{14} -1

RoR = 3.151162791^{0.071428571} -1

RoR = 1.085438096-1 = 0. 085438096

RoR = 8.54%

5 0
4 years ago
As soon as products are completed, their product costs are transferred from Raw Materials Inventory to Finished-Goods Inventory.
Dafna1 [17]

Answer:

True

Explanation:

In the case when the products is completed in all respects so here the product cost that involved direct material cost, direct labor cost, and overhead cost from raw material inventory would be transformed to the finished goods inventory

Therefore the given statement is true

hence, the correct option is first

4 0
3 years ago
Based on the semi-strong form of the efficiency market theory, an investor reacting immediately to a news flash on the televisio
natita [175]

Answer: Based on the semi-strong form of the efficiency market theory, an investor reacting immediately to a news flash on the television generally <u>" C) is too late to make an exceptional profit. ".</u>

<u />

Explanation: This happens because this theory considers that any news or future event that may affect the price of an asset, will make the price adjust so quickly, that it is impossible to obtain an economic benefit from it.

6 0
4 years ago
The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta
galben [10]

Answer:

See below

Explanation:

Given the following;

Standard hours per unit of output 6.4 hours

Standard variable overhead rate $12.80 per hour

Actual hours 2,650 hours

Actual output 150 units

To calculate the variable overhead efficiency variance, we will use the formula below;

Variable overhead efficiency variance

= (Standard quantity - Actual quantity) × Standard rate

Standard quantity = 150 units × 6.4 = 960

Variable overhead efficiency variance

= (960 - 2,650) × $12.80

= $21,632 unfavourable

4 0
3 years ago
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