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musickatia [10]
3 years ago
15

Sophie made pies and sold them from her food truck to local businesses. This is an example of a(n) Group of answer choices simpl

ified transaction. indirect marketing channel. wholesale operation. distribution center. direct marketing channel.
Business
1 answer:
Dimas [21]3 years ago
3 0

Answer:

direct marketing channel.

Explanation:

A distribution channel is made up of the chain of entities or intermediaries through which goods pass before reaching the end consumer. In the direct marketing channel, a producer delivers the product directly to the end consumer. Direct marketing channel does not have any intermediaries such as wholesalers, distributors or retailers.

Direct marketing is suitable for small business that cannot afford the cost of intermediaries. It is also ideal to manufactures with low volumes of production, or those that cover a small geographical area.  Sophie does direct marketing as she produces and sells to the consumers directly.  By engaging in direct marketing, Sophie is in control of all aspects of distribution.

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You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal
Schach [20]

Answer:

it to long to read sorry  what is it about now now

Explanation: ask someone else

4 0
3 years ago
A useful way of standardizing financial statements is to choose a _______ year and then express each item relative to that amoun
aev [14]

A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.

This is further explained below.

<h3>What is a financial statement?</h3>

Generally, Financial statements are written documents that represent a company's commercial operations as well as its financial performance within a certain period of time.

Audits of financial accounts are often conducted by government agencies, accounting firms, and other organizations for the objectives of ensuring their correctness and meeting the requirements for taxation, financing, and investing.

In conclusion, Selecting a base year and then expressing each item in terms of its relationship to that amount is a practical strategy for standardizing financial statements.

Read more about financial statements

brainly.com/question/14951563

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6 0
1 year ago
Fair Value Journal Entries, Trading Investments Jets Bancorp Inc. purchased a portfolio of trading securities during 20Y3. The c
Inessa05 [86]

Answer:

Trading Investments Jets Bancorp Inc.

Journal Entries - Fair Value:

Dec. 31, 20Y3:

                                                             Debit           Credit

Investment in Dolphins Inc.               $3,200

Gain (Loss) on Investments                                     $3,200

To record the investment's fair value and gain.

Gain (Loss) on Investments            $4,200

Investment in Marino Company                              $4,200

To record the investment's fair value and loss.

Gain (Loss) on Investments            $1,200

Investment in Namath Company                             $1,200

To record the investment's fair value and loss.

May 10, 20Y4:

Investment in Jets Bancorp Inc     $24,000

Brokerage Commission                       $150

Cash Account                                                          $24,150

To record purchase of 1,000 shares at $24 per share plus commission.

Explanation:

a) Trading securities are a category of securities that include both debt securities and equity securities.   An entity holds them with the intention  to sell in the short-term for a profit that arises from increases in the prices of the securities.

b) Fair value is an asset's selling price, which is freely agreed upon between a willing and knowledgeable buyer and seller.  But, for Debt Securities, it represents the market value of the investments at any point in time when financial statements are being prepared.  Investments that are held for trading purposes are required to be accounted for, using the fair value method.  This implies that the gains and losses, both realized and unrealized must be accounted for whenever financial statements are bing prepared or when the investment is disposed of.

3 0
3 years ago
A department has budgeted monthly manufacturing overhead cost of $510000 plus $3 per direct labor hour. If a flexible budget rep
strojnjashka [21]

Answer:

Direct labor hour will be 158000

Explanation:

We have given manufacturing overhead cost = $510000

An total budgeted manufacturing cost = $984000

So balance variable cost = $984000 - $51000 = $474000

It is given that $3 per direct labor hour

We have to fond the number of labor hours

So number of direct labor hours will be =\frac{474000}{3}=158000

So dire t labor hour will be 158000

3 0
3 years ago
Jared can play three musical instruments; he loves drawing, painting, and other visual arts as well. Jared can work in groups at
julsineya [31]
<span>From the descriptions given above about Jared's skills and capabilities, 
musician in a band on tour, the careers that he would most likely enjoy are music teacher at a school, life-enrichment director and event planner at a retirement home and professional photographer for special events.

</span>
3 0
3 years ago
Read 2 more answers
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