Answer:
$7,900 million
Explanation:
The computation of the merchandise purchase is shown below:
Cost of goods sold = Opening inventory + Purchase - ending inventory
$7,900 million = $9,100 million + Purchase - $9,100 million
So, the purchase amounted to $7,900 million
We simply applied the above formula so that the purchase of merchandise could come
People are often entitle to their behavior or actions. The statement that is true is that Brenda has not violated any fiduciary duty.
- A fiduciary duty is known to be when a person did accept some measures of responsibility to act in place in the best interests of another person or entity.
A breach of fiduciary duty takes place only when a principal did not carry out the responsibly given to them and for that they may pay some penalty.
For Brenda case, she has not accepted to carry out the duty on behalf of Jim and as such She is not to be held for breach of fiduciary duty.
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Seller Jim tells his agent Brenda that he does not want his home marketed to families with children. Brenda refuses. Which statement is true?
Brenda must follow all of Jim’s instructions.
Brenda has violated the fiduciary duty of obedience to Jim.
Brenda could be liable for a breach of the listing contract terms.
Brenda has not violated any fiduciary duty.
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The statement is true.
The existing network and registered consumer base gives them economies of scale and make them a preference of the consumers any new entrant in the market will have to face a lot of problem in the market i.e. have to incur considerable cost.
Chain shops or more than one store is a retail company composed of or extra retail shops, owned by and operated underneath one management. a chain save is the number of retail shops operating underneath not unusual ownership and management constitute a series.
Inside the enterprise world, a series method a set of shops (typically or greater). They possess the equal call (brand), and cling to comparable company store rules, sell identical products, and often owned by using the same determined economies. Right here, think about Wal-Mart as a series of mass-retail supermarkets.
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Answer:
Product Costs: (a), (e) and (f).
Period Costs: (b), (c) and (d).
Explanation:
The difference between the two types of costs is that product costs are recorded within the inventory asset, since they affect the products. While the period costs are expenses that are recorded in the income statement without affecting inventory costs.
The product costs (Inventory Costs) are:
(a) Manufacturing overhead
(e) Direct labor
(f) Direct materials
The costs of the period (Expenses) are:
(b) Selling expenses.
(c) Administrative expenses
(d) Advertising expenses
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Answer:
True
Explanation:
Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.
For event marketers, it will be advantageous if they list all their services on a single website. Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.