The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
<h3>What is possession utility ?</h3>
Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.
In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
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<u>Attached below are the missing options </u>
<em>A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.</em>
<em>B. Acquiring inputs and transforming them into products or services of greater customer value.</em>
<em>C. Effectively managing all value-added processes that influence when a product is available for purchase.</em>
<em>D. Assuring that products and services are where customers expect to find them—when they are needed.</em>
<em>E. All of the above</em>
Markets for goods and services appear in a number of forms. in perfectly (or purely) competitive markets:
i. there are large numbers of independently acting buyers and sellers
ii. the good that is produced and traded is homogenous or standardized.
<h3>
What are competitive markets?</h3>
- A competitive markets, also known as an atomistic market, is defined by a number of idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in the field of economics, notably general equilibrium theory.
- It has been shown that in theoretical models with competitive markets, a market will eventually find an equilibrium where the supply of all goods and services, including labor, equals the demand for all goods and services at the price in question.It would be Pareto optimal for this equilibrium to exist.
- The two types of efficiency that competitive markets offers are allocative and productive. In the near term, completely competitive marketplaces are not always productively efficient since output does not always occur where marginal cost equals average cost.
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Answer:
B
Explanation:
The ending cash balance is listed on the Statement of Cash Flows and Cash listed on the Balance Sheet is the balance as of the end of the year.
The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance
The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company.
The balance sheet lists the assets, liabilities, and equity of a company at a specific moment in time and proves the accounting equation
Answer:
$27,000
Explanation:
Years Units Selling Sales NWC requirement Δ in Cash flows
sales price$ revenue$ 50,000 / 15% for NWC
0 - - - $50,000 $50,000
1 8000 180 1,440,000 $216,000 $166,000
2 9000 180 1,620,000 $243,000 $27,000
3 12000 180 2,160,000 $324,000 $81,000
4 15000 180 2,700,000 $405,000 $81,000
Note: Cashflow for NWC is derived by Cumulative difference in Cash flows for Present Year and previous year. Hence, the change in cash flow for the NWC balance at the end of year 2 is $27,000
Answer:
Explanation:
According to the Kai surf shop in Laie, Hawaii, below is the computation of sales and use tax of surf shop that must collect or remit.
A.
Kai doesn't have a sales tax nexus with Utah, therefore it will not have any sales tax liability. Instead, Kalani will have a tax liability in Utah that will be $63($1000 x 6.85%).
B.
kai will have a tax liability of $83($2000 x 4.166%) Also, Nick will have use tax liability of $87[($2000 x (9% - 4.166%)].
C.
Kai doesn't have a sales tax nexus with Michigan, therefore it will not have sales tax liability. Instead, Jim will have a use tax liability in Michigan will be $140($2000 x 6%)
D.
Sales and use tax is not imposed on sale of services. Therefore, neither Kai nor Scott will have any sales or use tax liability.
