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4 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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Which of the following statements is correct concerning product costs? A. Product costs are shown with current liabilities on t

Brut [27]

Answer: D. Product costs are expensed in the period the related product is sold

Explanation:

The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.

It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.

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3 years ago

WHAT IF THE FACTS WERE DIFFERENT? Assume that McDonald's had a pattern of accepting late payments and there was no agreement, "t

OLEGan [10]

Answer:

1. Could C.B. Management, Inc., prevail on its claim?

probably it could since it was a common practice for McDonald's

2. C.B. Management, Inc. would be more likely to prevail if it could show that McDonald's terminated the franchise.

arbitrarily, since it accepted other late payments from other franchisees.

Explanation:

In the original question, C.B. Management had a franchise contract with McDonald's but it continuously paid their franchise fees late. At the beginning McDonld's accepted the late fees but then it decided it wouldn't accept them anymore. Since late fees represented a breach of the franchise contract, McDonald's decided to terminate its contract with C.B. Management. In the first scenario, McDonald's was entitled to terminate the contract due to C.B. Management's continuous breaches.

What changes here, is that McDonald's generally accepts late payments from other franchisees and there acceptance of prior late fees meant that the original contract clause was invalid.

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3 years ago

All of the following phrases describe a partnership except

anyanavicka [17]

The answer should be B

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3 years ago

Mr. Greco is in excellent health, lives in his own home, and has a sizable income from his investments. He has a friend who has

irina [24]

Answer:

Explanation:

As a friend of Mr. Greco I will advise him to try out the special needs plan because it will help him cut cost and reduces his spending on health at same time receiving the best Medicare service at lower cost. Giving him the opportunity to invest his income in other things.

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3 years ago

Assume that you purchased a $1,000 perpetual bond (coupon payment is $50) and the interest rate on that bond declined from 5 per

Svetlanka [38]

Answer:

D) all of the above

Explanation:

First find the present value for each alternative using PV of perpetual cashflow formula;

PV = CF / rate

CF = 50

If rate= 5%;

PV = 50/0.05 = $1,000

If rate = 2%;

PV = 50/0.02 = $2,500

With these two calculations, we see that;

-the bond price increased by $1,500

-you could sell this bond at a capital gain, meaning you can sell it a higher price that what you bought it for.

-at an interest rate of 2%, the speculative demand for money would increase

Hence , all these choices are correct!

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3 years ago