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3 years ago

A snack food bag is white with plain black letters spelling, "corn chips." this is most likely an example of a ________ brand.

1 answer:

7 0

A snack food bag with white and plain black letters stating, "Corn chips." is most likely an example of a “generic brand”. A generic brand product is a product without a brand, no logos as well. The merchandise's contents are regularly identified by black decorated lettering on white parcels. A generic brand may perhaps imitate a branded product, but remains unassociated with the branded products’ manufacturer.

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Free market economies offer distribution methods for goods and services based on _____ .

Rasek [7]

Free market economies offer distribution methods for goods and services based on ''price''.

Answer: C) Price.

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2 years ago

Read 2 more answers

Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey

Aleksandr-060686 [28]

Answer:

$3,728,203

Explanation:

Particulars Amount

Cash Received $2,408,400

Add: Mortgage assume by purchaser $1,445,040

Less: Broker's commission ($96,336)

Less: Points paid by Peyton <u>($28,901) </u>

Amount realized <u>$3,728,203</u>

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2 years ago

When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and

scoundrel [369]

Answer: Keynesian Economic Theory

Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of Keynesian Economic theory.

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2 years ago

The changes in account balances for Elder Company for 2018 are as follows: Assets $ 680,000 debit Common stock 350,000 credit Li

hammer [34]

Answer:

Net income will be $160000

So option (c) will be the correct answer

Explanation:

We have given debt common stock = $680000

Credit liabilities = 350000

Credit paid in capital = 190000

And excess of par 30,000 credit Assuming the only changes in retained earnings

So 680000 = 350000+190000+30000+ retained earning

So retained earning = $110000

Dividend paid = $50000

So net income = dividend paid + retained earning = $110000+$50000 = $160000

So option (c) will be the correct answer

4 0

2 years ago

Gekko, Inc. reported the following balances (after adjustment) at the end of 2008 and 2007.

nevsk [136]

Answer:

Correct answer is D, P3,900

Explanation:

Begging Allowance for doubtful account is P1,500 (96,000 - 94,500). Ending balance of Allowance for doubtful account is P3,000 (P108,000 -P105,000). We can now work back the provision for doubtful accounts that the company has made during 2008.

Beginning P1,500

Add:

Collection of written off accounts 800

Total P2,300

Less:

Written off 3,200

Total (P900)

Therefore, in order for the company to have an ending inventory of P3,000, They must have set up a provision for doubtful accounts in the amount of P3,900. Attached herewith is the T-account of allowance for doubtful accounts

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3 years ago