1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jekas [21]
2 years ago
7

When you buy a consumer durable good, such as a new refrigerator, and the person making the sale keeps trying to sell you an ext

ended warranty on the product, what does that tell you
Business
1 answer:
Ahat [919]2 years ago
4 0

An extended warranty, known as a service contract, is a type of insurance contract for the product you buy. It's usually provided by the merchant at the time of purchase.

<h3>What is the idea of an extended warranty?</h3>

Extended warranties are plans that extend the manufacturer's warranty duration on consumer durable items beyond the manufacturer's offer. It pays for the cost of replacing or repairing the product if it is damaged as a result of a manufacturing flaw or shoddy workmanship.

  • The explicit warranty,
  • implicit warranty,
  • extended warranty, and

special warranty deeds are the four most frequent forms of warranties.

As a result, in the preceding scenario, the vendor is attempting to add value to the product by insuring it under an extended warranty coverage.

Learn more about extended warranty:

brainly.com/question/27241092

#SPJ1

You might be interested in
Peters, Inc. produces 3 products: P1, Q2, and R3. P1 requires 400 purchase orders, Q2 requires 600 purchase orders, and R3 requi
alexdok [17]

Answer:

P1 $36,000

Q2 $54,000

B2 $90,000

Explanation:

For computing each ordering and receiving overhead assigned, first we have to calculate the price per order which is shown below:

= Total cost of purchase orders ÷ total purchase orders

where,

Total purchase orders = P1 purchase orders + Q2 purchase orders + R3 purchase orders

= 400 + 600 + 1,000

= 2,000 purchase orders

And, the Total cost of purchase orders is $180,000

Now put these values to the above formula  

So, the price would equal to

= $180,000 ÷ 2,000 orders

= $90

Now we can compute easily.

For P1 = Purchase orders × price per order

          = 400 × $90

          = $36,000

For Q2 = Purchase orders  × price per order

            = 600 × $90

            = $54,000

For R3 = Purchase orders  × price per order

           = 1,000 × $90

           = $90,000

The given options are not correct

4 0
3 years ago
Which of the following types of credit would best describe credit cards?
velikii [3]
Revolving credit is open.
<span>Most credit cards are unsecured.

The answer should be OPEN AND UNSECURED
</span>
<span>A person using an unsecured credit card is not spending his own money right away whenever he uses the credit card. Instead, he is borrowing money from his/her bank; more like he/she takes out a loan whenever the card is used, which he is expected to pay back so as to maintain a trustworthy credit history.</span>
4 0
3 years ago
Which eoc configuration aligns with the on-scene incident organization
ludmilkaskok [199]

<u>Answer:</u>

<em>ICS or ICS-like EOC structure aligns with the on-scene incident organisation.</em>

<u>Explanation:</u>

A Emergency operation centre focus (EOC) is a headquarters and control office in charge of completing the standards of crisis readiness and crisis the board, or calamity the executives capacities at a key level during a crisis, and guaranteeing the congruity of activity of an organization, political.

ICS is far reaching being used from law implementation to consistently business, as the essential objectives of clear correspondence, responsibility, and the productive utilization of assets are regular to the occurrence and crisis the board just as every day activities.

5 0
3 years ago
Read 2 more answers
The finance team of a concert venue is drafting budget for succeeding year. Arrange the steps in preparing a budget
RoseWind [281]

Answer:did you ever get an answer because I don’t know.

Explanation:

5 0
3 years ago
for the following transaction, answer the questions that follow in accordance with the rules of journalizing and the double-entr
Andrew [12]

Following Adjustments are being shown below.

<u>Which two accounts are affected ?</u>

  • Prepaid insurance

<u>What kind of accounts are they? </u>

  • Current asset<em> </em>

<u>Do the account balances increase or decrease? </u>

  • Increase

<u>Do we debit or credit the accounts? </u>

  • Debit

Since insurance is paid in advance for the upcoming six months, the account that will be debited will be a prepaid insurance account.

To learn more about Journalizing, Click the links.

brainly.com/question/27159868

brainly.com/question/18684550

#SPJ4

4 0
1 year ago
Other questions:
  • On a recent concert tour, the Foo Fighters sang a number of classic songs from their past albums, in addition to playing songs f
    11·1 answer
  • Storax Manufacturing purchases equipment for $50,000. The equipment has an expected life of 10 years and an estimated salvage va
    6·1 answer
  • All of these are examples of subsidy except ____________________.
    5·1 answer
  • Suppose a monopolist is producing where the marginal cost curve intersects the demand curve. the monopolist
    5·1 answer
  • Given the following data: Selling price per unit $ 2.00 Variable production cost per unit $ 0.30 Fixed production cost $ 3,000 S
    13·1 answer
  • Define job rotation​
    8·2 answers
  • If interest rates​ rise, bonds become more attractive to​ investors, so bond prices will rise.​ Therefore, when interest rates​
    13·1 answer
  • Chris and Paul operate a business in which both have contributed $50,000 to the business's capitalization. Chris makes all busin
    15·1 answer
  • Retained earnings is:_______.
    7·2 answers
  • Jason purchased his dream home six months ago. after jason received an inheritance from his uncle, he decided to pay off his mor
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!