All categories

3 years ago

If scientists discover that eating bacon reduces cholesterol levels:

Business

1 answer:

bulgar [2K]3 years ago

7 0

Answer:

a. The demand for bacon will increase.

Explanation:

Scientists and other experts are known to influence customer perceptions of consumer products. Many customers make buying decisions based on expert opinions and reviews, which can greatly impact sales.

If scientists say that eating bacon reduced cholesterol, consumers' perceptions of bacon will change. Since this is positive or desired news, customers will increase bacon consumption. Bacon will attract many new customers, which will lead to an increase in its demand.

You might be interested in

A business owner makes 50 items by hand in six hours. She could have earned $10 an hour working for someone else. If each item s

ElenaW [278]

Answer:

Please see attachment.

Explanation:

5 0

2 years ago

Pina Colada Corp. had beginning inventory of $16500 at March 1, 2017. During the month, the company made purchases of $71500. Th

patriot [66]

Answer:

The cost of goods sold is $68970

Explanation:

The cost of goods sold is the cost of inventory that a company sells in a partcular period.

The cost of goods sold can be calculated as,

Cost of Goods sold = Opening inventory + Purchases - Closing Inventory

Cost of Goods Sold = 16500 + 71500 - 19030 = $68970

4 0

2 years ago

Multiple Choice Question 121 The following information pertains to Ortiz Company. Assume that all balance sheet amounts represen

olasank [31]

Answer:

Inventory TO 5.5

This means Ortiz sales his inventory 5.5 times per year.

Explanation:

Inventory turnover for Ortiz

$\frac{COGS}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

COGS: 66,000

In this case the average inventory is provided already: 12,000

$\frac{66000}{12000} = $Inventory Turnover$

Inventory TO 5.5

This means Ortiz sales his inventory 5.5 times per year.

5 0

2 years ago

The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before li

ICE Princess25 [194]

The answers are the following:
a.
Brandon:
$7,000 + [($10,000/4)×3¿= $8,500
Ryan:
$7,000 + [($10,000/4)×1¿= $7,500

b.
Brandon $7,000
Ryan <span>$7,000</span>

6 0

3 years ago

Read 2 more answers

Which of the following sections of a business plan comes first but should be written last?

8090 [49]

Answer:

B. Executive Summary

Explanation:

Executive Summary is a business plan which comes first and should be written last

3 0

2 years ago