Continuous innovation
involves making slight modifications to existing products in an effort to distinguish a product from the competition.
your answer is continuous innovation
hope that helps
Answer:
The invention balance sheet as at 31 December is $923,000
Explanation:
In this question, we are asked to calculate the amount of money Beck company will report in its balance sheet as of December 31st.
To do this, we simply employ a mathematical approach.
Mathematically, the amount of inventory recorded by Beck company on its balance sheet as of December 31st would be;
Inventory in stores + Goods in consignment + Good in transit F.o.b shipping point
We identify these values as follows;
Inventory in stores = $740,000
Goods in transit f.o.b shipping point = $108,000
Goods in consignment = $75,000
The amount of inventory Beck company should record will be; $740,000 + $108,000 + $75,000 = $923,000
The terms on which the company sells its goods might be used to compare the DSO and those terms.
<h3>What are goods?</h3>
Goods are any products, raw resources, or consumables that are sold to customers, businesses, or governmental organizations.
Services are tasks carried out for the benefit of the recipients, whereas goods are physical commodities offered to clients. Automobiles, home products, and apparel are a few examples of goods. Legal counsel, housekeeping, and consulting services are a few examples of services.
The supply and demand in an economy play a big role in determining the prices of commodities. Private goods, common goods, club goods, and public goods are the four different categories of products. The degree of exclusivity, or the number of persons who can experience them, varies.
The tangible items we refer to as "material goods" They are visible, touchable, and transportable from one location to another.
To learn more about goods from the given link:
brainly.com/question/12802278
#SPJ4
Answer:
Liquidity of an asset refers to how easily convertible the asset is to cash or so called liquid money.
Most Liquid - A $5 bill
This is already cash so it is the most liquid there is.
Second-Most Liquid - The funds in a money market account
Funds in a money market account are the second most liquid because most often they can simply be withdrawn from the fund. There might be limits on the number of withdrawals allowed though within a period.
Third-Most Liquid - A share in a publicly traded company
A share in a publicly trade company ranks here because to realize the cash, one would need to sell the share first.
Least Liquid - Your house
Your house will be the most difficult of these to liquidate as it will involve a much longer process to eventually get it sold and realize cash. The process will include but will not be limited to, advertising, hiring realtors, inspection etc.
Answer:
In a long-run equilibrium - only a perfectly competitive firm operates at its efficient scale - option A is the correct answer.
Explanation:
In the long-run equilibrium, only a perfectly competitive firm that operates at its efficient scale and a monopolistically competitive firm sets off with overabundant capacity.
Therefore, in a long-run equilibrium - only a perfectly competitive firm operates at its efficient scale - option A is the correct answer.
