Answer:
The correct answer is option C.
Explanation:
Services can be defined as those intangible and nonphysical products that are used to derive a certain level of satisfaction or utility.
Services are different from goods in several ways. Firstly, unlike goods they are intangible. Secondly, they cannot be stored in inventories. Thirdly, they have to be consumed immediately as produced.
The examples of services are insurance, haircut, medical care, etc.
Based on the fact that the books were bought on credit, to sell at Ben's Bookstore, the $500 should be listed separately as assets and liabilites.
<h3>How should Ben list the $500?
</h3>
The $500 is a liability because Ben acquired the books on credit which means the store owes the supplies for them.
The $500 is also an asset however because it represents stock in the business which makes it a current asset.
Find out more on recording liabilities at brainly.com/question/25687338.
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Answer:
organization expenses.
Explanation:
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.
Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.
The costs of bringing a corporation into existence, including legal fees and promoter fees, are called organization expenses.
Answer:
if the stock price is between $44.25 and $55.75
Explanation:
Given that, the investor net gain on premium from option is $1.25 + $4.5 = $5.75.
Thus, the investor has to buy at $50 and obligation to sell at $50 in August.
Hence, investor paid-off is shown as x, of Hug-Packing in August as below:
Spot price <$50: 5.75 - (50 - x) = x - 44.25
Spot price = $50: $5.75
Spot price > $50 : 5.75 - ( x -50) = 55.75 - x
Thus, the strategy will pay off only when:
(x - 44.25) > 0 and (55.75 - x) <0 or x is between $44.25 and $55.75.
