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3 years ago

Which of the following is an advantage of being an entrepreneur in the consumer service industry?

Business

2 answers:

andrew11 [14]3 years ago

7 0

C is the answer for this question....

Oxana [17]3 years ago

4 0

Answer:

Office or warehouse space is generally unnecessary ( B )

Explanation:

consumer service industry is the type of industry that its products are mainly offered to individuals and not organization.

consumer services are intangible products or services that are consumed almost immediately that they are been offered/produced and this kind of services those not necessarily require to have an office or warehouse since they are consumed almost immediately as they are produced.

business basics are supposed to be learnt before venturing into business it is not advisable to try to learn the basics as the business grows. all other options aren't true about consumer service industry.

example of consumer service is Auto repairs, because this can be carried out any where on a vehicle not necessarily an office

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Production Budget

Yakvenalex [24]

Answer:

Stillwater Designs

<u>Production Budget for S12L7 </u>

For the Year Ended December 31, 20X1

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.

Sales 1,120 3,080 7,840 6,440

Desired ending inventory 616 1,568 1,228 252

Total needs 1,736 4,648 9,068 6,692

Less: Beginning inventory (340) (616) (1,568) (1,228)

Units produced 1,396 4,032 7,500 5,464

Stillwater Designs

<u>Production Budget for S12L5 </u>

For the Year Ended December 31, 20X1

1,680

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.

Sales 1,820 1,960 7,420 5,460

Desired ending inventory 588 2,220 1,638 504

Total needs 2,408 4,180 9,058 5,964

Less: Beginning inventory (170) (588) (2,220) (1,638)

Units produced 2,238 3,592 6,838 4,326

Explanation:

Production Budget shows the quantities of finished goods that must be produced to meet expected sells plus any increase of inventory levels that might be required.

8 0

3 years ago

A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou

Delvig [45]

If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

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6 0

1 year ago

Bob: Listen, donuts are made to bring joy into our lives and to wake up our glazed faculties. Just let them be distributed accor

Masja [62]

Answer:

National law school of thought

Explanation:

The natural law school of thoughts refers to analyze the behavior of humans also it figured out the moral rule occurs from the behaviors.

It is inherent laws that are applied to all societies, communities, etc also it is common for all whether it is mentioned or officially announced

It should be rational and reasonable too

Therefore the given scenario represents the National law school of thought

7 0

3 years ago

The interest cost component of NPPBC is the_______________.

san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

7 0

3 years ago

Read 2 more answers

A personal tax cut of $50 billion will affect income differently than an increase in government spending by $50 billion because:

Bess [88]

Answer:

C) Households may save part of the additional income from the tax cut

Explanation:

When we consider the total household income there is always a major part that is spent, this is called propensity to consume. It is defined as the proportion of total income that consumers are willing to spend.

But propensity to consume doesn't include 100% of household income, there also exists the propensity to save. That is the exact opposite, is the proportion of our income that we will save for future use.

Luckily for us all, the propensity to spend is usually much higher than the propensity to save. We have to remember that private consumption represents nearly 70% of the nation's GDP.

What households save goes to investment in GDP. Investment is always needed but it represents future growth of the GDP while consumption represents current growth of the GDP.

8 0

3 years ago