Answer:
The students are the users in the buying center
Explanation:
Even though the students are the one buying the books directly, it is imperative that their feedback are taken and factored into future editions such that the book capture their yearnings not necessarily in the area of syllabus content but in areas relating to features that make reading enjoyable such as graphic designs, placing quiz answers at the back of the text and not immediately after the end of the chapter and so on.
This way all stakeholders including the students are given a sense of belonging by the publisher.
Answer:
Explanation:
For computing the incremental effect on the company's overall profit between reworking and selling the material rather than selling it as is as scrap, we have to do the comparison between these two.
The calculation is shown below:
= Scrap value of material - rework sale value
= $30,100 - $30,800
= - $700
The other items which are shown in the question are irrelevant for comparison. Thus, it is ignored.
Hence, the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as is as scrap is show a loss of $700
Even though stocks, securities, and mutual funds are higher-risk investments, many people invest in them because they give higher rate of return.
<span>The rate of return are higher on high risk investments compared with low risk investments. This is because high risk investment have a big possibility of incurring losses, however, if said investment venture is successful and it generates a huge profit, its return is also bigger than when you invest in low risk investments.</span>
Answer:
Debit Cost of Goods Sold and credit Merchandise Inventory for $500.
Explanation:
When there is comparism between merchandise inventory and physical count, the difference noticed is accounted to shrinkage. It could be due to damage, clerical error, or goods being lost or stolen.
This affects the profitability of the business especially when shrinkage is large. Retailers tend to increase price of goods to make up for shrinkage losses.
The entry to record shrinkage is the debit cost of goods sold and credit merchandise inventory.
