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3 years ago

1. Which of the following is an example of a SOCIAL influence on consumers

Business

1 answer:

AveGali [126]3 years ago

6 0

Answer:

reference groups

Explanation:

Reference groups are considered a social influence in consumer purchasing. They are often groups that consumers will look to to make purchasing decisions. So if a reference group endorses a product, either through use or statements about the product, those that look to the group will often purchase that product.

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Iris Company has provided the following information regarding two of its items of inventory at year-end: There are 160 units of

maw [93]

Answer:

$7,840

Explanation:

The inventory of Items A and B should be valued at the lower of cost and the net realizable value.

The cost is the invoice price at time of purchase ,while the net realizable value is the selling price less to sell

Products Cost Selling price cost to sell NRV unit value

A $18 $22 $6 $16 $16

B $48 $54 $4 $50 $48

Item A is valued at $16 each i.e $16*160=$2,560

Item B is valued at $48 each i.e $48*110=$5,280

total value of inventory =$7,840

The ending inventory valued at the lower of cost or net realizable value is worth $7,840

6 0

3 years ago

List the professional skills categories required for kinesiology practitioners to be successful

KatRina [158]

To be succesful, kinesiology practicioners need to:

- Master all the knowledge regarding human body and how they operate
- the ability to build relationship with other people so they could trust you as a client.
- Following/obeying all the ethical codes for the job
- Fulfill the expectation that patients had by suing their services.

4 0

3 years ago

In January of 2018, the Phillips Company purchased a patent at a cost of $100,000. In addition, $10,000 in legal fees were paid

soldi70 [24.7K]

Answer:

The answer is: $113,000

Explanation:

By 2020, Phillips Company had already amortized $22,000 of the patent expenses (2 years x [10% x ($100,000 + $10,000)]). Since it lost its patent defense in 2020, it will now have to write off $113,000 ($88,000 pending amortization + $25,000 in legal fees) for the adjustment of its 2018 income.

5 0

3 years ago

"Tourism sector has become a good source of earning foreign currency in Nepal"Justify this statement with examples

olchik [2.2K]

Explanation:

Tourism has become one of the main income sources for many developing countries like Nepal. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes and rich cultural and religious diversity.

5 0

2 years ago

Read 2 more answers

Pronghorn Company issues 8,900 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value

zysi [14]

Explanation:

The Journal entry is given below:-

A 1. On 1 January 2020

Unearned compensation Dr, $445,000

To Common stock (8,900 × $10) $89,000

To Paid-in Capital in Excess of Par -common stock $3,56,000

(Being the restricted stock is recorded)

2. On 31 December 2021

Compensation expenses Dr, ($445,000 × 1÷5) $89,000

To Unearned compensation $89,000

(Being the restricted stock is recorded)

B On 25 July 2024

Common stock $89,000

Paid-in Capital in Excess of Par -common stock $356,000

To compensation expenses $356,000

To unearned compensation $89,000

(Being the forfeiture is recorded)

7 0

3 years ago