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3 years ago

Consumer products that customers see as basically the same and want to buy at the lowest price are called:

Business

1 answer:

12345 [234]3 years ago

7 0

Answer:

The answer is Heterogeneous shopping products.

Explanation:

Heterogeneous products are those that have more complex characteristics and the price loses relevance when considering the purchase, giving greater importance to the characteristics, understanding these as the functions and services they offer. In these types of products, the information obtained by the sellers is essential for the purchase process.

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The strength of the economy depends on the balance of production and consumption of goods and services true or false

34kurt

The answer is True because it depends on both

4 0

3 years ago

Read 2 more answers

When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri

Sliva [168]

Answer:

1.- issued at : $579,378

2.- the schedule is attached.

3 and 4.- journal entries

cash 579,378 debit

discount on bonds payable 20,622 debit

bonds payabe 600,000 credit

--to record issuance-------

interest expense 20278.23 debit

discount on bonds payable 2278.23 credit

cash 18000 credit

--to record June 30th payment---

5.-At December 31th 2018 will report as follow:

bonds payable 600,000

discount on bonds (15,986)

net 584,014

6.- it will report interest expense for:

20,278.23 June

20,357.97 December

total: 40.636,2‬

7.- maturity:

interest expense 20,898.55

discount on bonds payable 2,898.55

cash 618,000

Explanation:

For the value of the bonds at issuance, we will calcualtethe present value of the coupon payment and the maturity at market rate.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 18,000 ( 600,000 x 0.06/2)

time 8 (4 years x 2 payment per year

rate 0.035(market rate / 2)

$18000 \times \frac{1-(1+0.035)^{-8} }{0.035} = PV\\$

PV $123,731.1997

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 600,000.00

time 8.00

rate 0.035

$\frac{600000}{(1 + 0.035)^{8} } = PV$

PV 455,646.93

PV c $123,731.1997

PV m $455,646.9337

Total $579,378.1334

for the schedule we will multuply the carrying value by the market rate.

the ncompare with the proceed in cash to know the amortizaiton.

This amortization will increase the carrying value of the loan.

5 0

2 years ago

Mack's guitar fabrication shop produces low cost, highly durable guitars for beginners. Typically, out of the 100 guitars that

Virty [35]

Answer: 21.32 per hour

Explanation:

Guitars produced each month = 100

considered good enough to sell = 82%

Remaining are scrapped = 18 %

Selling price of each guitar = $260

Each guitar requires = 10 labor hours

Each employee works an average = 160 hours per month

Labor is paid = $11 per hour

materials cost = $40 per guitar

overhead = $4,200

Therefore,

Number of guitars are good enough to sell = 82% of 100

= 82 guitars

Value of output = Number of guitars sell × Selling price of each guitar

= 82 × $260

= $21,320

Input in labor hours = Guitars produced each month × Labor hour employed in each guitar

= 100 × 10

= 1,000 hours

Labor productivity = $\frac{output}{input}$

= $\frac{21,320}{1,000}$

= 21.32 per hour

7 0

3 years ago

A commitment whereby the underwriter agrees to purchase any portion of an issue offered to existing shareholders under a rights

bekas [8.4K]

A commitment whereby the underwriter agrees to purchase any portion of an issue offered to existing shareholders under a rights offering that is left unsubscribed is known as a stand-by commitment.

Commitment means the consent of the backstop parties under the Backstop Rights Purchase Agreement, and purchases of all rights offering shares that exceed the Sopris Senior Note Commitment that the rights offering participants do not purchase in accordance with the rights offering.

Commitment: With firm commitment underwriting, the underwriter guarantees that the issuer will purchase all securities for sale, regardless of whether they can be sold to the investor. This is the most desirable arrangement as it immediately guarantees all the money of the issuer.

Commitment usually refers to the insurer's agreement to assume all inventory risk. A firm commitment also means agreeing to buy and sell all IPO securities directly from the issuer. Other uses of commitments relate to loans and derivatives.

Learn more about commitment here: brainly.com/question/472211

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6 0

2 years ago

Boyd Docker recorded the following transactions during the month of April. Apr. 3 Cash 3,400 Service Revenue 3,400 16 Rent Expen

Nutka1998 [239]

Answer:

$6,450

Explanation:

The general ledger of a cash account is presented below:

Cash Account

Date Particulars Amount Date Particulars Amount

April 1 Beginning April 16 Rent expense $460

Balance $3,850

April 3 Service April 20 Salaries and

Revenue $3,400 Wages expense $340

April 30 Ending balance $6,450

The ending balance would be

= Beginning balance + service revenue - rent expense - salaries and wages expense

= $3,850 + $3,400 - $460 - $340

= $6,450

6 0

3 years ago