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scZoUnD [109]
3 years ago
14

Which activity is done in Step 2 of comparison shopping?

Business
1 answer:
solong [7]3 years ago
6 0

In step 2 of comparison shopping one must:

Compare prices and features.

Explanation:

Comparison shopping is when an item is shopped for by comparing competitive prices and products for the same.

This is essential in the modern would where there is small difference in specifications of competing product that must be viewed to get the best option.

The first step of the process is to research and access what product and what specifications are needed by the buyer.

The second step is then the comparison of the prices and features.

The third step is the analysis and then the decision of buying.

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Howard ​Services, Inc., has $ 8 comma 600 cash on hand on January 1. The company requires a minimum cash balance of $ 7 comma 60
skad [1K]

Answer:

The amount of cash to be borrowed = $18,040

Explanation:

The cash budget shows the expected cash payments and expected cash receipts and cash balance at the end of a particular period.

Note that in the cash budget only items of the cash are considered, therefore items like depreciation, amortization of intangible assets and apportionment of fixed costs are not included because they are not cash based.

The balance at the end = opening cash balance + cash receipts -cash payment  

Applying this to Howard ​Services, Inc.

The amount of cash to be borrowed = Minimum cash balance required - Net cash balance

DATA

Opening cash balance - 8600

Cash receipts- 548,570

Cash payment - 567,610

Net cash balance = 8600 + 548,570 - 567,610 = (10,440)

The amount of cash to be borrowed = 7,600 - (10,440)

                                                               =7,600+10,440=18040

The amount of cash to be borrowed = $18,040

<em>Note a negative amount of 10,400 would mean that that would be first borrowed to balance the deficit, and to take the balance to the minimum required cash balance, an addition 7,600 would need to be borrowed</em>.

6 0
3 years ago
"How can anyone seriously believe in evolution? I certainly don’t. How can you take seriously a theory that claims that humans a
Ipatiy [6.2K]

Answer:

The statement represents the Straw Man fallacy.

Explanation:

A Straw Man fallacy is a version of an argument that is misrepresented, simplified so that it will be easier to defeat. It replaces or represents whatever actual argument is being made. The Straw Man fallacy in some cases is not provided intentionally. They could also be the result of talking about something with little to no previous knowledge of it.

Thus, as the evolutionary theory does not only proposes that humans come from monkeys with less hair and bigger brains, <em>the statement is oversimplifying the different researches on that topic</em> falling into a Straw Man fallacy.

4 0
3 years ago
Alison owns a coffee shop in a small city in which there are many similar establishments. she advertises that her coffee is the
Maru [420]
Alison's business idea of coffee shop in a small city with coffee beans that are fair trade​ certified, shade​ grown, and organic is best described with the following degree of competition : Monopolistic competition. (B). The coffee shop will <span>sell products that are differentiated from the product of other coffee shops (because of the special coffee beans). Which means there won't be perfect substitutes. This makes the competition monopolistic. </span>
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3 years ago
A company purchased equipment and signed a 7-year installment loan at 9% annual interest. The annual payments equal $9,000. The
konstantin123 [22]

Answer:

<u>The present value of the loan is $45,297</u>

Explanation:

Instalment (A)= $9,000.00

PV factor (B)= 5.033

Present value of loan (A x B)

=$ 45,297

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3 years ago
7.A shop makes all its sales for cash.
Elis [28]

Answer:

A.) CASH BOOK

Explanation:

7 0
3 years ago
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