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3 years ago

Should the retail price of a proposed garment be one of the factors considered by the npd committee at the screening stage?

1 answer:

7 0

<span>The NPD committee creates new products. NPDs do need to factor in the needs of their consumers, but final prices do not need to be considered.</span>

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In economic analysis, the value of your next best option is the

gayaneshka [121]

The value of the best choice is called ' Opportunity Cost' in economics.

7 0

3 years ago

Miller Corporation issued 6000 shares of its $5 par value common stock in payment for attorney services billed at $54,000. Mil

Deffense [45]

Answer:Share premium account of $24,000

The provider of attorney services of $30,000

Explanation:

On provision of services, the Attorney services expenses account is debited with $54,000 and the attorney services provider account credited with $54,000

Furthermore a share account is opened for the provider and credited with $30,000 , the share premium is credited $24,000 and a debit transfer is made to his liability account initially credited.

The $24,000 credit to share premium represents the difference between the nominal value of the share of $5 and the market value of $9 multiply by the 30,000 shares he was paid with.

Also a memorandum will be issued to state that 6000 share has been transferred from Miller to the attorney services provider and the shares will be delited from his name and entered in the name of the services provider because the credit of shares to his account does not represents new shares issued but it's the transfer of Miller's shares to him.

4 0

3 years ago

A vendor allows a 2% discount if an invoice is paid within 10 days. a purchase was made for $5,000 on june 10 and paid on june 1

Kamila [148]

An invoice is a document given from the seller to the buyer stating the quantity of products bought, agreed prices and transactions made between the two parties. If the buyer bought the product in June 10 and decides to pay on the 19th, only 9 days have passed since the date of purchase. This is inclusive of the agreement written that 2% discount is given if paid not more than 10 days. Therefore, the check should be

($5,000)(1-.0.02) = $4900

8 0

3 years ago

one business attracts another business of similar type and together they may make more money than they would have singularly. th

Alexus [3.1K]

This is an example of competition principle of value.

The required details about business principle of value is mentioned in below paragraph.

The term "business" designates an innovative person, group, or organization that engages in commercial activity. They might be business-related, industrial, or something else. Businesses that operate for profit do so in order to make a profit, while those that operate for good will do so.

Competition's guiding principle: According to the competition principle, excessive profits in any industry will result in excessive competition, which will then obliterate profits. Think about a business that debuts in a secure neighborhood.

What benefit does rivalry have?

The cornerstone of a robust American economy is healthy market competition. Fundamental economic theory shows that when businesses compete for customers, it results in cheaper prices, better goods and services, more variety, and more innovation.

Thus, competition is the correct answer.

To learn about principle of value visit here

brainly.com/question/28027148

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8 0

2 years ago

A hospital revenue bond issue is being underwritten on a negotiated basis. The offering consists of $20,000,000 par value of ter

ddd [48]

Answer:

The selling group member earns $12 on that sale

Explanation:

When selling a bond directly to the public, a group member earns a total takedown which is the total of the additional takedown plus the selling concession.

$12 + $15

= $27

Now if a selling group member finds a customer, then $15 which is the selling concession is given up leaving the member to earn $12 (the additional takedown) on that sale.

6 0

4 years ago