What is it called when people assume you're a certain way, and you act the part?

The basic difference between a good and a service is that a good:

alexgriva [62]

Answer:

The correct answer is letter "B": can be physically touched.

Explanation:

Goods are those material assets that satisfy consumers' needs. Services are also provided to fulfill individuals' wants but they are intangible, meaning even if goods can be rendered from one person to another, services cannot be touched or perceived with the senses. The creation of goods and services to cover different types of necessities is what drives countries' economies.

6 0

3 years ago

For each of the following transactions, determine if Raymond Corporation has earned revenue during the month of May and, if so,

kompoz [17]

Answer:In the month of May, Revenue was only earned from Customer C $3,400 and customer D, $2,300. Revenue was not earned from Customers A and B in the month of May. Therefore, total revenue is $5,700.

Explanation:In accordance with the principle of revenue recognition,Revenue will only be recognised when it is earned and services when they are fully rendered. For Customer A, the service has not been rendered, Therefore, the revenue is not yet earned.

For customer B, Although agreement has been reached and goods delivered, since payment hasn't been received, revenue is not recognised.

6 0

3 years ago

Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investm

harina [27]

Answer:

Suppose that in year 2021, Bloomfield had equal share of percentage of ownership in Clor as they had in previous year i.e 2020, it means that in 2021, the share of percentage that will be held by Bloomfield in Clor will be 26.59%

Explanation:

From the above, we will assume that Bloomfield stake in Clor using equity method and also investment in 2020 was $150,650 and $165,300 in 2021.

Inorder to calculate the percentage , we can make it Y hence we will add amount in 2020 with Y% of (Net income - Dividend declared) inorder to arrive at the total amount in 2021.

Solution.

$150,650 + Y% (75,600 - $20,500) = $165,300

$150,650 + $55,100Y = $165,300

$55,100Y = $165,300 - $150,650

$55,100Y = $14,650

Y% = $14,650/$55,100

Y% = 0.26588

Y = 0.26588 × 100

Y = 26.59

3 0

3 years ago

Attempts

jenyasd209 [6]

The following are topics in macroeconomics:

The optimal interest rate for the Federal Reserve to target
The effect of a large government's budget deficit on the economy's price level

The following are topics in microeconomics:

How a quota on textile imports affects the textile industry

<h3>What is microeconomics and macroeconomics?
</h3>

Microeconomics studies individuals and business decisions, while macroeconomics studies the government decisions and its impact on the economy.

Macroeconomics is a top-down approach while microeconomics is a bottom-up approach to analysing the economy.

To learn more about macroeconomics, please check: brainly.com/question/13244131

#SPJ1

4 0

1 year ago

Department A had no Work-in-Process at the beginning of the period, 1,000 units were completed during the period, 200 units were

statuscvo [17]

Answer:

Materials total cost equal to 2,000 the correct option is C

C. $2,000

Explanation:

Conversion Cost

conversion cost = labor + overhead

CC = 5,000 + 4,400 = 9,400

complete during the period 1,000 units

ending inventory 200 units 50%

Equivalent units:

completed + ending worked portion

1,000 + 200 x 50% = 1,000 + 100 = 1,100

CC equivalent unit cost 9,400/1,100 x 100 = 854.55

Materials

Cost $ 12,000

Equivalent units

completed 1,000

ending 200 at 100%

completed + ending times added portion

1,000 + 200 x 100 % = 1,200

Equivalent unit cost: 12,000 / 1,200 = 10

Ending inventory 200 x 10 = 2,000

5 0

3 years ago