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1 year ago

_____is the risk of spending too much time on the new product or on purchasing the new product.

1 answer:

4 0

Functional or performance risk is the risk of spending too much time on the new product or on purchasing the new product.

<h3>What is a functional risk?</h3>

Functional - Perceived risks can include the fear and or doubt a consumer has that the product they are buying will fail to perform its intended function.

Performance risk is the risk that the buyer, who owes the money, can legitimately avoid paying because the supplier has failed to do a good job.

The consumer might be afraid that if they buy a car, the engine or other parts may malfunction.

The possibility of the product malfunctioning and not performing as it was designed and advertised and therefore mailing to deliver the desired benefits.

To learn more about Performance risk , refer

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In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units a

egoroff_w [7]

Answer:

$7.91

Explanation:

The weighted-average unit cost uses the weighted concept to determine the costs of goods sold or inventory costs. Its formula is a is below

weighted -average costs = <u>costs of goods available for sale</u>

units available for sale

For Sunland company,

Total costs of goods available =(200 x $7) +(540 x $8) + (125 x$9)

=1400 + 4320+1125= 6845

Total units available for sale= $200 + $540 +$125 =$865

WAC = 8645/865

=$7.91

8 0

3 years ago

Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man

Simora [160]

Answer:

Cash Dr 10975

To Sales $10,000

To Sales Tax Payable $975 ($10,000 × 9.75%)

(Being the cash is recorded)

Explanation:

The journal entry is shown below;

Cash Dr 10975

To Sales $10,000

To Sales Tax Payable $975 ($10,000 × 9.75%)

(Being the cash is recorded)

For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it also increased the revenue and liabilities

4 0

3 years ago

XZYY, Inc. currently has an issue of bonds outstanding that will mature in 31 years. The bonds have a face value of $1,000 and a

Mamont248 [21]

Answer:

7.31%

Explanation:

The question is pointing at the bond's yield to maturity.

The yield to maturity can be computed using the rate formula in excel as provided below:

=rate(nper,pmt,-pv,fv)

nper is the number of times the bond would pay annual coupons which is 31

pmt is the annual coupon payment i.e $1000*8.0%=$80.00

pv is the current price of the bond which is $1,084

fv is the face value of the bond which is $1,000

=rate(31,80,-1084,1000)=7.31%

The yield to maturity is 7.31%

That is the annual rate of return for an investor that holds the bond till maturity.

3 0

3 years ago

On January 3, 2019, Carey discovers his diamond bracelet has been stolen. The bracelet had a fair market value and adjusted basi

Mama L [17]

Answer: $1,900

Explanation:

Theft loss deduction is calculated by adjusting the fair market value of the asset for a theft loss floor limitation of $100 and 10% of the person's AGI.

Theft loss deduction is:

= Fair value -Theft floor limitation - 10% of AGI

= 7,000 - 100 - (10% * 50,000)

= $1,900

3 0

3 years ago

When General Motors first began selling its Chevy Novas in Mexico, it could not understand the low sales volume at first. Then,

mafiozo [28]

Answer:

The correct answer is letter "B": Cultural similarities.

Explanation:

Cultural similarities refer to customs and special terms that for one region or country are widely accepted but not for others. Those actions or phrases could be exactly the same but carry a different or even negative meaning in different places. This is not limited to actions and terms used in day-to-day activities but also under formal circumstances.

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3 years ago