Answer:
Blu-ray discs are normal goods and DVDs are inferior goods.
Explanation:
A normal commodity is a product that is experiencing a growth in its consumption due to the increase in the earnings of the customers. A standard good, sometimes named a required good, does not relate to the price of the commodity but rather to the degree of demand for both the product in response to rises or decreases in wages.
On the other hand, An inferior product refers to the product whose value reduces as customer wages increase, unlike regular products in which the reverse is observed. Standard products are those products to which output grows as market spending decreases.
The answer is prequalification. This is a process or
arranging with a mortgage lender in means of buying a home. It is an initial
step and an essential step of having to manage and organize the financial needs
that you need in order to buy a home.
Answer:
Limited ( decision making).
Explanation:
In limited decision making process there is low level of involvement in the buying process.
It involves low level of alternative options evaluation among other competing products.
It takes short period of time to make the decision as in the question James bought cheese puffs based on the thought that came to his mind.
These products have low to moderate cost.
Answer:
The correct answer is e. provide answers to customer relationship management queries regarding product availability, costs, and delivery times.
Explanation:
Supply chain management (SCM) consists of monitoring materials, information and finances during the process that goes from the supplier to the manufacturer, the wholesaler, the retailer, and the consumer. Supply chain management involves the coordination and integration of these flows, both within the same company and between different companies. It is said that the main objective of any effective supply chain management system is the reduction of inventories (assuming that the products are available when necessary). To offer optimal supply chain management solutions, there are currently sophisticated software systems with Web interfaces competing with Web-based application service providers (ASP) that are committed to providing part or all of the SMC service to Companies that hire their services.
Answer:
Account receivable credit balance is 67100 means customer has overpaid and company has liability to settle it.
Explanation:
a.) Dr Bank 2500,000
Cr Notes payable 2500,000
b.) Dr Snowplow 90000
Cr Cash 90000
c.) Dr Inventory 40000
Cr Accounts payable 40000
d.) Dr Repair and maintenance expense 62000
Cr Cash 62000
e.)1. Dr Account receivable 372000
Cr Sales revenue 372000
2. Dr Cash 372000
Cr Account receivable 372000
f.) Dr Account receivable ( 750*450) 337500
Cr Sales revenue 337500
g.) Dr Cash 270000
Cr Account receivable 270000
h.) Dr Cash 3200
Cr Advance rent 3200
I.) Dr Account payable 20000
Cr Cash (40000/2) 20000
j.) Dr Cash 400
Cr Account receivable 400.
k.) Dr Salary expense 258000
Cr Cash 258000
2.) ACCOUNT RECEIVABLE
_______________________________
e.1)-372000 --- e.2) 372000
f.- 337500 ---- g. 270000
---- j. 400
----- Balance 67100
709500 ------ 709500