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
Y_Kistochka [10]
3 years ago
5

_______ refers to changing one or more of a product's characteristics; while, a _______ is the development of a product closely

related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.
Business
1 answer:
jeka57 [31]3 years ago
7 0

Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

You might be interested in
which of the following countries had the highest per capita GDP in 2013? Iran, Malaysia, Poland, Turkey
Mazyrski [523]

Answer: Poland

Among the four countries, Iran, Malaysia, Poland and Turkey, Poland had the highest per capita GDP in 2013 and ranked 61st with $21,00 per capita GDP.  Malaysia ranked 74th at $16,900. Turkey ranked 85th at $15,000 and Iran ranked 97th at $13,100.


7 0
3 years ago
White Lion Homebuilders is considering investing in a one-year project that requires an initial investment of $500, 000. To do s
MissTica

Answer:

C.

Explanation:

a) Required around for investment is $500,000

Flotation cost is 2%

Total amount require to issue =

$500,000/ (1-2%)

= $510,204,08

After one year value of investment will be $595,000

Rate of return =

550000/(450000x(1+2%)-1 =19.8%

b) 2.03/(33.35x(1-3.75%) + 9.4 = 15.72%

c) 745000/60% = 1241666.67

That is C. $124,1666,67

4 0
3 years ago
Explain the difference between what health insurance covers and what long term disability insurance covers
OLEGan [10]

Answer:

In essence, health insurance benefits enable employees to seek needed medical care. Disability insurance replaces a portion of employee income when they can't work because of an illness or disability. For the most part, disability insurance will not replace all of someone's income.

Explanation:

4 0
2 years ago
Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin
kobusy [5.1K]

The consolidation worksheet entries for December 31, 2020, and December 31, 2021 is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

<h3> Consolidation worksheet entries </h3>

December 31, 2020

Entry S

Debit Common Stock -Abernethy                           $250000

Debit  Additional paid-n capital – Abernethy           $50,000

Debit Retained earnings                                           $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                               $731,110

(Elimination entry for Abernethy common stock)

Entry A          

Debit Goodwill                                             $107,510

Credit Investment in Abernethy                                            $107,510

($731,110-$250,000+$323,600+$50,000)

(To recognize excess acquisition cost as goodwill)

Entry I            

Debit Equity in Earnings of Subsidiary      $129,000

Credit Investment in Abernethy                           $129,000

(Elimination entry for inter-company income for 2020)

Entry D          

Debit Investment in Abernethy                    $16,000

Credit Dividends paid                                               $16,000

(Elimination of inter-company dividend payments)

Entry E            

No Journal Entry Required

(Unamortized goodwill under the partial equity method)

Entry C          

No Journal entry required

(Goodwill unamortized)

December 31, 2021

Entry S

Debit Common Stock – Abernethy                         $250,000

Debit Additional-Paid-in Capital –Abernethy         $50,000

Debit Retained Earnings –Abernethy                        $431,110

($731,110-$250,000-$50,000)

Credit Investment in Abernethy                             $731,110

(Elimination entry of beginning stockholder’s equity balances of Subsidiary)

Entry A

Debit Goodwill                                                         $145,000

Credit Investment in Abernethy                                $145,000

(To record goodwill balance)

Entry I

Debit Equity in Earnings in Subsidiary                   $176,000

Credit Investment in Abernethy                                $176,000

(Elimination of inter-company accrual for the year 2021)

Entry D

Debit Investment in Abernethy                                $38,000

Credit Dividends Paid                                               $38,000

(Elimination of inter-company dividend payments)

Entry E            

No journal entry is required

Therefore the entries is: Debit Common Stock -Abernethy                           $250000; Debit  Additional paid-n capital – Abernethy $50,000; Debit Retained earnings   $431,110; Credit Investment in Abernethy $731,110.

Learn more about  Consolidation worksheet entries here:brainly.com/question/15128084

#SPJ1

4 0
2 years ago
Liabilty to pay only under certain conditions is
AleksandrR [38]
Liability insurance or legal liability
7 0
3 years ago
Other questions:
  • An antiques dealer buys a grandfather clock for $200. she sets the selling price at $350. when the clock doesn't sell after two
    10·1 answer
  • Honest Abe’s is a chain of furniture retail stores. Integral Designs is a furniture maker and a supplier to Honest Abe’s. Honest
    5·1 answer
  • Rinker Audio Products wants to adopt the total quality management (TQM) philosophy as developed by, among others, W. Edwards Dem
    12·1 answer
  • Taylor uses old t-shirts to make reusable shopping or grocery bags. People donate their old t-shirts. It takes her about 30 minu
    10·1 answer
  • When considering the quick service restaurant competition it would be most important for Wendy's to consider not only the offeri
    9·1 answer
  • If a corporation has only one class of stock, the account is entitled Common Stock or a.Owners' Stock. b.Preferred Stock. c.Capi
    14·1 answer
  • Labor and management at Leo Trucking cannot seem to agree upon a contract for the truck drivers. As each side contends that they
    12·1 answer
  • The unique way that employees interact with each other and their customers. Also, the personality of the company
    15·1 answer
  • Why is term life insurance better than whole life insurance?
    11·1 answer
  • When the dollar is worth less in relation to currencies of other countries, are you more likely to buy american-made or foreign-
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!