1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shutvik [7]
3 years ago
8

Identify each good as either intermediate or final. intermediate final tires bought by a driver for her personal vehicle a memor

y card bought by a photographer lenses bought by a camera manufacturer tires used by a car manufacturer Correct label: intermediate
Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Answer:

Tires bought by a driver for her personal use- final good

Memory card bought by a photographer-intermediate good

Lenses bought by a camera manufacturer- intermediate good

Tires bought by a car manufacturer-intermediate good

Explanation:

Since tires are for personal use and not used to produce any other good it will be classified as a final good.  

A memory card bought by a photographer will be used in creating new pictures, so it will be categorized as an intermediate good.

Similarly, lenses bought by a camera manufacturer will be used for making cameras and tires bought by a car manufacturer will be used for making cars. So both will be classified as a final good.

You might be interested in
A party who has been induced to enter into an illegal contract because of fraud, duress, or undue influence can sue the other pa
anygoal [31]
B. False is the right answer 
3 0
3 years ago
On January​ 2, 2017, Kellogg Corporation acquired equipment for​$800,000. The estimated life of the equipment is 5 years or​ 80,
lesya692 [45]

Answer:

Book value of the asset = $484,000

Explanation:

Given:

Equipment cost = $800,000

Residual value = $10,000

Computation:

Depreciation = (Equipment cost - Residual value) /  Life

Depreciation = ($800,000 - $ 10,000) / 5

Depreciation = $ 158,000 per year

Depreciation for 2 year =$ 158,000 x 2

Depreciation for 2 year = $316,000

Book value of the asset = Equipment cost - Depreciation for 2 year

Book value of the asset = $800,000 - $316,000

Book value of the asset = $484,000

6 0
3 years ago
Tommy’s Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stain
sergejj [24]

Answer:

1. $132,800

2. $531,200

3. $1,071,200

Explanation:

The break-even point is the level of sales at which the business incur no profit no loss.Fixed and variable costs are covered at this level of sales. Use following formula of break-even to calculate the fixed cost.

Break-even point = Fixed cost / Contribution margin ratio

$487,200 = Fixed cost / 25%

Fixed Cost = $487,200 x 25% = $121,800

1.

Revised Fixed cost = $121,800 + $11,000 = $132,800

2.

New Break-even point = $132,800 / 25% = $531,200

3.

Desired profit = $135,000

Desired revenue = ( Desired profit + Fixed cost ) /Contribution margin ratio = ( $135,000 + 132,800 ) / 25% = 267,800 / 25% = $1,071,200

5 0
3 years ago
When a _________ matures, you receive your entire investment back plus any remaining interest.
kiruha [24]
Bond is correct answer.

When a bond matures, you receive your entire investment back plus any remaining interest.

Hope it helped you.

-Charlie
7 0
3 years ago
Unearned revenues are generally: Multiple Choice Revenues that have been earned and received in cash. Increases to common stock.
Leto [7]

Answer:

i dont get it, is there a question?

Explanation:

6 0
3 years ago
Other questions:
  • The following ledger accounts are used by the Heartland Race Track
    8·1 answer
  • An advertisement that makes you worry about bad breath, body odor, or dandruff is relying on a fallacy called
    10·1 answer
  • Which one of the following is a selection method that organizations can adopt to identify employees who innovate, share ideas, a
    13·1 answer
  • Borstorff and her associates examined a number of factors related to employee willingness and concluded that married couples wit
    8·1 answer
  • If yo have a steady job , why should yo care how the rest of the country is doing?
    15·1 answer
  • You have gathered the following information on your investments. What is the expected return on the portfolio? Stock Number of S
    12·1 answer
  • The exchange rate between the British pound and the U.S. dollar is 2. In England, the price level is 1.0 and the one-year intere
    8·1 answer
  • Jay Bird is a partner in Soundview Partnership. The adjusted basis of his interest is $19,000, of which $15,000 represents his s
    11·1 answer
  • If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory
    9·1 answer
  • Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!