All categories

3 years ago

Which of the following is the main incentive for a manufacturer to sell a product?

Business

2 answers:

S_A_V [24]3 years ago

7 0

Option a. is correct.

Making profits on sales is the main incentive for a manufacturer to sell a product.

Further explanation:

Manufacturing:

Manufacturing meansthe procedure involved in the production of a product or good.For example, a company makes baking powder, which refers to the company manufactures baking powder which is their product.

Justification for the correct and incorrect answer:

Making profits on sales: This option is correct.

The main incentive for a manufacturing company is to make profits on their sales.

Putting others out of business: This option is incorrect.

The main incentive for a manufacturing company is to make profits from their sales, not putting others out of business.

Pleasing the consumer: This option is incorrect.

The main motive of the manufacturing company is to make incentives by selling their products, not to please their consumers.

Helping the economy grow: This option is incorrect.

The main incentive for any manufacturing company is to make profits. Helping the economy is not the main incentive for companies.

Thus, making profits on sales is the main incentive for a manufacturer to sell a product.

Learn more:

1. Manufacturers:

brainly.com/question/7006237

2. Charging fee in case of credit card

brainly.com/question/2668305

3. Consequences of non-payment of monthly credit card payment

brainly.com/question/3211811

Answer details:

Grade: High School

Subject: Business studies

Chapter: Manufacturing

Keywords:Which of the following is the main incentive for a manufacturer to sell a product, making profits on sales, putting others out of business, pleasing the consumer, helping the economy grow, makes, baking powder, produces.

dangina [55]3 years ago

6 0

I may not be correct but as far as i can tell the answer you are looking for would be A, because for a a business to stay operational it has to make profits on any products that it makes.

You might be interested in

Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2016, accounts receivable totaled $720,000. Th

Yuki888 [10]

Answer:

Journal

Date Account Titles and Explanation Debit Credit

Allowance for uncollectible accounts $30,500

Accounts Receivables $30,500

(To write off uncollectibles during the year)

Journal

Date Account Titles and Explanation Debit Credit

Account receivables $3,100

Allowance for uncollectible accounts $3,100

(To reinstate receivables written off earlier)

Journal

Date Account Titles and Explanation Debit Credit

Cash $3,100

Account receivables $3,100

(To record the recovery of bad debts)

Journal

Date Account Titles and Explanation Debit Credit

Bad debt expenses $48,000

Allowance for uncollectible accounts $48,000

(To record bad debts expenses)

Workings

Closing allowance = Opening allowance - Receivables written off + Receivables reinstated = $51,000 - $30,500 + $3,100 = $23,600

Expenses Bad debt = Receivables at the end of 2016 * Estimated percentage = $720,000 * 10% = $72,000

Allowance to be created = Estimated bad debts - Balance of Allowance at year end = $72,000 - $23,600 = $48,400

4 0

3 years ago

James has never had a motorcycle before but is planning to purchase one to replace his old bicycle. james is set to make a _____

dybincka [34]

The answer is modified purchasing decision. It is because in this type of method, James is set to change a particular thing, quantity or quality, to be able to produce or get something more better in which is indicative of his problem above of having to decide to buy a new bicycle because he has an old one.

8 0

3 years ago

Which of the statements below is FALSE?

Alecsey [184]

Answer:

C. The standard of one vote for each share cannot be altered.

Explanation:

Shares are sold to individuals that now obtain ownership rights of a company.

Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.

Also common shareholders are shares have different classes with different voting rights.

However it is not true that the standard of one vote for each share cannot be altered.

When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.

The shareholder's standard of vote for each share is now halved

5 0

3 years ago

Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2021 of a circuit

Brilliant_brown [7]

Answer:

1. The loss contingency should be accrued

2.$5,000,000

3. $5,000,000

4. loss- product recall $5,000,000

liability- product recall $5,000,000

Explanation:

Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2021 of a circuit flaw in an amplifier that poses a potential fire hazard. An intense investigation indicated that a product recall is virtually certain, estimated to cost the company $5.0 million. The fiscal year ends on December 31.

from the question we can deduce that:

1. This is a loss contingency and should be accrued because of the liability. The if the event will occur and the estimate is certain

2) loss: $5,000,000

3) liability: $5,000,000

4) loss- product recall $5,000,000

liability- product recall $5,000,000

a disclosure note is needed

3 0

3 years ago

Read 2 more answers

A project will produce cash inflows of $5,400 a year for 3 years with a final cash inflow of $2,400 in Year 4. The project's ini

rewona [7]

Answer:

Net present value = $506.80

Explanation:

Provided details are

Cash outflow at present = $13,400

Present value will be same as is incurred today.

Cash inflow = $5,400 for 3 years and $2,400 in 4th year

Rate of required return = 14.2%

Present value factor for 3 years cumulative = 2.314

Present value factor for 4th year = 0.588

Present value of cash inflow = $5,400 $\times$ 2.314 + $2.400 $\times$ 0.588

= $12,495.60 + $1,411.2 = $13,906.80

Thus, net present value = Present value of cash inflow - Present value of cash outflow

= $13,906.80 - $13,400 = $506.80

8 0

3 years ago