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IrinaK [193]
2 years ago
13

1. Does the selected business have differentiated products or services? If so, what is the basis for this differentiation from t

he competition?
Business
1 answer:
Brut [27]2 years ago
8 0

Answer: You can know if you have differentiated products if we have a quality that stands out from the other competitors.

For example: Our service time is less than the competition and we also give gifts to our buyers, things that the competition does not do.

The basis for differentiation is to look for that quality that the competition does not have and that adds value to what we are doing.

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The following information was drawn from the 2016 accounting records of Ozark Merchandisers: 1. Inventory that had cost $21,200
solniwko [45]

Explanation:

Sales Discount = (Gross Sales - Sold Price) × Discount percentage

($39,900 - $1,520) × 2%

Net sales = Gross Sales - Sales Returns - Sales Discounts

= $39,900 - $1,520 - $767.60

= $37,612.40

Ozark Merchandisers Income Statement  

Net Sales Revenue                                     $37,612.40

Cost of Goods Sold ($21,200 - $920)        $20,280

Gross Profit                                                  $17,332.40

Selling and Administrative Expenses         $4,200

Income from Operations                             $13,132.40

Other Income  

Gain on sale of land                     $1,250  

Interest Expense                         ($360)         $890

Net Income                                                $14,022.40

Under Finance activities the interest expense is $360 in the statement of cash flow.

6 0
3 years ago
an investor currently has 40,000 portfolio 40% of which is invested in bonds the investor wishes to add funds to the portfolio b
Marina86 [1]

Answer:

The value of the bonds that the investor should purchase=$10,000

Explanation:

<em>Step 1: Determine current value of portfolio and bonds</em>

Current value of portfolio=$40,000

Current value of bonds=40% of 40,000

Current value of bonds=(40/100)×40,000=$16,000

<em>Step 2: Final value of bonds and portfolio</em>

Final value of bonds=current value of bonds+added value of bonds

where;

current value of bonds=16,000

added value of bonds=X

replacing;

Final value of bonds=16,000+X

Final value of portfolio=current value of portfolio+added value of bonds

where;

current value of portfolio=40,000

added value of bonds=X

replacing;

Final value of portfolio=40,000+X

<em>Step 3: Solve for X</em>

Using the expression;

Proportion of bonds=(final value of bonds/final value of portfolio)×100

where;

proportion of bonds=52%

final value of bonds=16,000+X

final value of portfolio=40,000+X

replacing;

(52/100)=(16,000+X)/(40,000+X)

0.52=(16,000+X)/(40,000+X)

0.52(40,000+X)=16,000+X

20,800+0.52 X=16,000+X

(X-0.52 X)=20,800-16,000

0.48 X=4,800

X=4,800/0.48=10,000

The value of the bonds that the investor should purchase=$10,000

8 0
2 years ago
At December 3 2018, Waco Travel Agency has an Accounts Receivable balance of $93,000. Allowance for Uncollectible Accounts has a
Alexxandr [17]

Answer:

                          Waco Travel Agency

                              Journal entry

Date           Account and explanation                Debit        Credit

Dec 31 Bad debt expense (800,000 * 1%)       $8,000

              Allowance for uncollectible accounts                $8,000

           (To record uncollectible account expense)  

                           Waco Travel Agency

                                  Balance Sheet

<u><em>Current assets</em></u>

Account receivable                                        $93,000  

Less: Allowance for uncollectible account <u>($8,870) </u>---- ($8,000 + $870)

                                                                        <u>$84,130</u>

7 0
3 years ago
A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of th
Amanda [17]

Answer:

The answer is Deliveries for which no purchase order was issued.

Explanation:

A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect____Deliveries for which no purchase order was issued._____

5 0
3 years ago
One current consumer trend is consumers who allow others to borrow a good or service for a small fee, usually done on an on-line
aev [14]

One current consumer trend is consumers who allow others to borrow a good or service for a small fee, usually done on an on-line platform. this is referred to as Sharing Economy.

The sharing economy is an economic model defined as peer-to-peer (P2P)-based activities of obtaining, providing, or sharing access to goods and services, often facilitated through online community-based platforms.

Under capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of a company that employs people to manufacture the products it sells to consumers.

Learn more about Sharing Economy here: brainly.com/question/28050979

#SPJ4

6 0
2 years ago
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