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luda_lava [24]
2 years ago
15

What determines the value of an item?

Business
1 answer:
galina1969 [7]2 years ago
7 0

The value of item is determined by its utility to the person who is purchasing it. If an item has high utility, then consumers are willing to pay more and will value the product more. If an item has low utility, it will not be very valuable to the person. People value items differently. the old saying that one's man's trash is another's treasure holds true here.

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Hard work is related to success as preparation is related to: Procrastination, motivation, work, readiness, failure
patriot [66]
Readiness sounds like the most reasonable answer
5 0
3 years ago
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Crane purchases equipment by signing a note payable with the equipment dealer for $10,000. The accounts affected for Crane are _
maxonik [38]

Answer:

Equipment and notes payable

Explanation:

Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered

The journal entry would be

Equipment A/c Dr $10,000

        To Notes payable $10,000

(Being the equipment is purchased  by signing a note payable)

7 0
2 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
kramer

Answer:

Allison should record the purchase at $5880

Explanation:

The net method for recording purchases implies that the purchases is recorded net of the envisaged cash discount on the transaction since the purchaser believes they would settle their account before the cash discount period expires.

Based on the above, the purchases would be recorded as shown below:

cost of purchase=original purchase value*(100%-discount rate)

original purchase price is $6,000

discount rate is 2%

cost of purchase=$6000*(100%-2%)

                           =$6000*98%

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4 0
2 years ago
What methods show the property sheet? Check all that apply.
Gala2k [10]

The methods that show the property sheet is on the form tools design tab, in the Tools group, click property sheet and press the F4 function.

<h3>What is a property sheet?</h3>

A property sheet refers to the window that allows the user to view and edit the properties of an item.

The method that shows the property sheet is on the form tools design tab in the Tools group, click the property sheet and press the F4 function key.

Therefore, B, and D are the correct option.

Learn more about the property sheet here:

brainly.com/question/14802439

#SPJ1

6 0
1 year ago
I username is BIuebunny165
Nostrana [21]

Answer:

ok

Explanation:

3 0
2 years ago
Read 2 more answers
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