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3 years ago

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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3 years ago

The unadjusted trial balance of Sketch Star Makers Inc., prepared as of December 31, 2018, includes the following account balanc

Makovka662 [10]

Answer:

A) A count of supplies revealed $2,100 worth on hand at December 31, 2018.

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Cr Supplies 2,300

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3 years ago

Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interes

ahrayia [7]

For E2020 the choices are a. $498 b. $365 c. $422 d. $787 and the correct answer is d. $787

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3 years ago

Read 2 more answers

On April 1, 2018, Elucian Corporation invested in the bonds issued by the City of Westminster on January 1, 2018. These 10-year

timofeeve [1]

Answer:

D $302, 250

Explanation:

The computation of the total amount paid is shown below;

Total amount paid = Face value + accrued interest

= $300,000 + $300,000 × 3% × 3 months ÷ 12 months

= $302,250

hence, the total amount paid is $302,250

Therefore the correct option is d.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago

Dave is a plumber who uses the cash method of accounting. This year Dave requested that his clients make their checks payable to

V125BC [204]

Answer:

Option A is correct

Explanation:

What we need to know to solve this question is how the cash method for accounting works in this scenario.

Thus, using the cash accounting method income is to be recognized when cash is received, thus the taxpayers for tax purposes will be reporting income when the income is received (in the form of services, cash, property, etc.).

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3 years ago