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Darina [25.2K]
3 years ago
15

The factor that determines whether a product is classified as a consumer product or an industrial product is:

Business
1 answer:
Vinvika [58]3 years ago
8 0

Answer:

The answer is the end use of the product

Explanation:

The end use of a.product determines whether the product is s consumer or an industrial product.

A consumer product is a finished product. They are ready for immediate consumption. Consumers buy and eat it. For example, biscuits, coke etc

An industrial product is a product e.g raw materials, machinery, that is used to produce finished goods. Businesses and firms use industrial product to produce finished goods.

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Novak Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year
GenaCL600 [577]

Answer:

Feb 1=> Cash ( debit) = 2,444,000.

Prefered stock (credit) = 2,350,000.

Paid in capital in excess of par value-preferred stock(credit) = 94000.

July 1=> Cash (debit) = 3,500,000.

Prefered stock (credit) = 3,125,000.

Paid in capital in excess of par value-preferred stock(credit) = 375000.

Explanation:

(A). On FEB. 1, the accounts and Explanation is given below:

Cash ( debit) = 2,444,000 {that is from; 47,000 × $52}.

Prefered stock (credit) = 2,350,000 { that is from; 47,000 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 2,444,000 - 2,350,000 = 94,000.

(B). On JULY 1, the accounts and Explanation is given below;

"July 1 Issued 62,500 shares for cash at $56 per share."

=> Cash (debit) = 62500 × 56 = 3,500,000.

Prefered stock (credit) = 3,125,000 { that is from; 62,500 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 3,500,000 - 3,125,000 = 375,000.

7 0
2 years ago
Read 2 more answers
When evaluating service quality, _____ refers to the knowledge and courtesy of employees and their ability to convey trust. a. a
sesenic [268]

An assurance means the knowledge and courtesy of employees and their ability to convey trust.

<h3>What is an assurance?</h3>

This refers to the set of systematic activities that are intended to ensure that the objectives of a project are fit for purpose.

Hence, in evaluation of service quality, its means the knowledge and courtesy of employees and their ability to convey trust.

Therefore, the Option A is correct.

Read more about assurance

<em>brainly.com/question/13567395</em>

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6 0
1 year ago
Which of these is an advantage of filing for Chapter 7 bankruptcy?
kotegsom [21]

Answer:

B) Debts can usually be erased in about 6 months.

3 0
2 years ago
A married couple filing a joint tax return with combined income under $40,000 both contribute to their self-directed IRAs. Which
serious [3.7K]

Answer:

The answer is: D) growth mutual funds

Explanation:

Since the couple doesn't have that much money to invest and they probably can't afford high investment risks, my best advice would be to invest in mutual funds. Mutual funds provide diversified investments which are generally low risk and long term.

4 0
3 years ago
5. A raise in the price of a product causes _____. a decrease in supply an increase in demand an increase in competition a decre
grigory [225]

Answer:

d

Explanation:

a decrease in competition

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2 years ago
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