The simple objective of financial planning is to make the best use of your resources to achieve your financial goals.

Richard likes to smoke tobacco from a pipe. However, he is very particular about which pipes he uses. He will only buy pipes mad

katovenus [111]

The type of consumer product that this represent is: Specialty product.

<h3>What is specialty product?</h3>

A specialty product is a consumer product that a person tend to buy or purchase because the product are specially made or because the buyer like the unique features of the product.

A consumer may choose to spend heavily on a product that are more expensive or tend to buy a particular products or brand because they like the product or because the product gives them what they want.

Inconclusion the type of consumer product that this represent is: Specialty product.

Learn more about specialty product here:brainly.com/question/7062667

8 0

2 years ago

Can someone please help me

nordsb [41]

Community college students can receive financial aid.

All other options are not true the term financial aid initially derived by the community colleges in order to provide funding to the students who cannot afford to study.

5 0

3 years ago

The two-stage dividend growth model evaluates the current price of a stock based on the assumption a stock will:_____.

wolverine [178]

The two-stage dividend growth model assesses a stock's present price based on the presumption that it will increase in value at a different rate eternally after growing at a fixed rate for a set period of time.

The payout increases steadily in the first phase for a predetermined period of time. In the second, it is presumable that the dividend will increase at a different pace for the rest of the company's existence.

A mathematical technique called the dividend growth model allows investors to determine a realistic fair value for a company's stock based on its current dividend payout and projected dividend growth in the future.

Learn more about two-stage dividend growth model here.

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4 0

2 years ago

"Experience goods" are those which: a. Have performance attributes that are difficult to ascertain at the moment of purchase b.

jek_recluse [69]

Answer:

a. have performance attributes that are difficult to ascertain at the moment of purchase

Explanation:

In case of an experience good, it is difficult to make predictions regarding its price and quality.

The reputation of a seller and word of mouth are the important things that customers can use to make decisions regarding purchasing of the product.

Experience goods are those which have performance attributes that are difficult to ascertain at the moment of purchase

7 0

3 years ago

Direct Materials Used, Cost of Goods Manufactured In September, Lauren Ashley Company purchased materials costing $200,000 and i

kirill115 [55]

Answer:

(a) $190,000

(b) $635,000

(c) $625,000

Explanation:

(a) Cost of material Consumed:

= Opening Stock of material + Purchases - Closing Material

= $1,20,000 + $200,000 - $130,000

= $190,000

(b) Total Manufacturing cost:

= Direct Material + Direct labor + Overhead

= $190,000 + $120,000 + $325,000

= $635,000

(c) Cost of goods manufactured:

= Total Manufacturing cost + Work in progress Beginning - Work in progress End

= $635,000 + 80,000 - 90,000

= $625,000

8 0

3 years ago