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dybincka [34]
4 years ago
6

The quality of a product or service that consumers are willing and able to buy at a given price is called

Business
1 answer:
viktelen [127]4 years ago
8 0
Do you mean quantity?
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What was the idea that african-americans should celebrate their african roots and remain separate from white society?
kenny6666 [7]
Afrocentrism is an ideology mostly confined to the United states that gained prominence during the civil rights era. It is characterized by an embracing of classical african cultures, african aesthetics, and traditions. It is a response to eurocentrism that attempts to define most modern cultures relative to their relationship or colonization by European countries.
3 0
3 years ago
Which organization was one of the five services that merged to form the current Coast Guard?
True [87]

Answer:

The modern Coast Guard was formed by a merger of the U.S. Revenue Cutter Service and the U.S. life-saving on 28 january 1915

6 0
3 years ago
Every Monday during the month of December, salespeople who had the highest sales the previous week participated in a package sur
VARVARA [1.3K]

Answer:

Sales contest.

Explanation:

In this scenario, every monday during the month of December, salespeople who had the highest sales the previous week participated in a package surprise, where each would receive a package containing either a $50 or a $100 bill. This short-term incentive is known as a sales contest.

A sales contest can be defined as a short-term incentive program developed or created by a business entity to motivate its sales personnels in order to achieve specific sales objectives and targets.

<em>Basically, it is mainly competitive so as to motivate and stimulate salespeople to meet set objectives, goals and targets by duly rewarding with prizes. </em>

7 0
3 years ago
Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 4% charge on sales for using its c
eduard

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $6,240

Credit card expense A/c Dr $260            ($6,500 × 4%)

            To Sales A/c $6,500

(Being the deposit is recorded)

For recording the deposit, we debited the cash account, credit card expense and credited the sales account so that the proper posting can be done.

0 0
4 years ago
L. Bowers and V. Lipscomb are partners in Elegant Event Consultants. Bowers and Lipscomb share income equally. M. Ortiz will be
Mama L [17]

Answer: See attachment and explanation

Explanation:

1. Ortiz purchased a 20% interest for $20,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $20000

= $92000 + $36000 + $20000

= $148000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $148000 × 20%

= $29600

There'll be a deficiency in the profit which the existing partner contributes to and this will be:

= $29600 - $20000

= $9600

Then each partner shares =$9600/2 = $4800

2. Ortiz purchased a 30% interest for $60,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $60000

= $92000 + $36000 + $60000

= $188000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $188000 × 30%

= $56400

Since the share is less than the amount of $60000 bought in, the existing partner will be compensated in the amount of ($60000 - $56400) = $3600. Therefore each partner gets $3600/2 = $1800

Check attachment for the journal entries.

5 0
3 years ago
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