Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
Answer:
When any company wants to sale their product without prior knowledge of the market then it's a disaster.
First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.
The present value of the investment is $5,658.29.
The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.
Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62
Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67
Sum of the discounted cash flows = $2,773.67 + $2,884.62 = $5,658.29
A similar question was solved here: brainly.com/question/9641711?referrer=searchResults
Answer:
See explanation Section
Explanation:
See the image to get the appropriate answer.
Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Using this formula
Wages Expense=Daily payroll *2 days
Let plug in the formula
Wages Expense=$6,000*2 days
Wages Expense=$12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000
