Costs being equal, when a firm has a higher value gap than its competitor, it can be inferred that the firm:

1 answer:

6 0

Can charge a premium price for its items or goods and also for administrations charges usually termed as services .
Since clients need to see items as being justified regardless of the higher sticker price, a business must endeavor to make an esteem observation. Alongside making an excellent item, proprietors ought to guarantee their showcasing endeavors, the item's bundling and the store's stylistic theme all join to help the superior cost.

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On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30

mamaluj [8]

Answer and Explanation:

The journal entry is shown below:

Cash $8,730

Sales Discount ($9,000 × 3%) $270

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Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets

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Herman Company received proceeds of $188,500 on 10-year, 8% bonds issued on January 1, 2009. The bonds had a face value of $200,

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The answer is: b hope you get it right

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Once Miracle learned of the competing printer and adjusted the expected future cash flows from its original patent, was this as

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Answer:

(a) Entry for purchase of patent :

Patent a/c debit $600,000.

To Cash / Bank A/c. $600,000.

(b) Amortisation : (legal protection for 20 years) >> 600,000/20 = 30,000 per annum

Amortisation expenses -Patents $30,000

To Patents account $30,000

To Patents account 270,000

(Value of patents at end of 4 years = 600000-120000=480,000)

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What was the main reason that Carnegie invested in the Frick Coke Company? He wanted to make sure he could always get fuel for h

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I believe the answer is: He wanted to make sure he could always get fuel for his steel plant.

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