Ask question

Ask question

All categories

Ad libitum [116K]

3 years ago

10

4. Classify each of the following products into either convenience, shopping, specialty or unsought goods: toothpaste, life insu

rance, Viso TV, Eggo waffles, lettuce, Coach handbag, adidas soccer cleats,l furniture.

1 answer:

Oksi-84 [34.3K]3 years ago

8 0

Answer:

Toothpaste - convenience
Life insurance - unsought
Sharp TV - shopping
Eggo Waffles - shopping
Lettuce - convenience
Coach handbag - specialty
Adidas soccer cleats - shopping
Furniture - shopping

You might be interested in

*E21.23 (LO 5) (Sale-Leaseback) Assume that on January 1, 2020, Elmer's Restaurants sells a computer system to Liquidity Finance

Dennis_Churaev [7]

<u>Solution and Explanation:</u>

Date General Journal Debit Credit

January 1, 2017 Cash/Liquidity Finance Co. 680000

Computer system 600000

Profit on sale of computer system 80000

To record the sale of computer systems

January 1, 2017 Lease Rental 115970

Cash 115970

To record the first lease rental of the lease Journal entries in the books of lesser(Liquidity Finance Co.)

Amount in $

Date General Journal Debit Credit

January 1, 2017 Computer system 680000

Cash/Elmer's Restaurants 680000

To record the purchase of computer systems

January 1, 2017 Cash 115970

Lease Rental Income 115970

To record the first receipt towards lease rental of the lease

December 31, 2017 Depreication on computer system 68000

Accumulated depreication on computer system 68000

To record the depreication expense for the year

5 0

3 years ago

You have developed the following data on three stocks: Stock A has a standard deviation of .15 and a Beta of .79. Stock B has a

blondinia [14]

Answer:

As a risk minimizer : Stock A has the lowest standard deviation, thus, it should be chosen, if it is to be held in isolation . Also stock B has the lowest beta, thus,it should be chosen, if it is to be held as part of a well - diversified portfolio.

The answer is A and B respectively

Explanation:

The standalone risk or standard deviation of the stocks is alleviated for a well diversified investor . So, in that case, the relevant risk would be the market risk or the beta.

When you see in isolation, relevant risk would be the standard deviation.

Therefore, as a risk minimizer : Stock A has the lowest standard deviation, thus, it should be chosen, if it is to be held in isolation . Also stock B has the lowest beta, thus,it should be chosen, if it is to be held as part of a well - diversified portfolio.

6 0

3 years ago

Which is not a characteristic of Lean production: 1. There are frequent, small deliveries 2. Suppliers are treated as partners t

olchik [2.2K]

Answer:

The incorrect statement is number (3): Workers are viewed like machinery, needed to get the job done, nothing more.

Explanation:

Lean production or Lean Manufacturing is a method of work organization that focuses on the continuous improvement and optimization of the production system by eliminating waste and all activities that do not add any value to the process. Its main purpose is to minimize the losses that arise in any manufacturing process and implement only those resources that are relevant.

<em>Lean production aims to boost employees' efficiency not necessarily automating their duties.</em>

3 0

3 years ago

I need them both awnsered loL

densk [106]

1. is true, and the 2. is false

3 0

3 years ago

Based on a predicted level of production and sales of 15,000 units, a company anticipates reporting operating income of $22,000

jarptica [38.1K]

Answer:

e.$8,000 of fixed costs and $108,000 of variable costs.

Explanation:

Fixed costs don't change with a change in production volume, therefore, fixed costs remain $8,000.

The cost per unit to produce 15,000 units is:

$C =\frac{\$90,000}{15,000}\\C=\$6/unit$

Assuming a new production volume of 18,000 units, budgeted variable costs are:

$V_c=\$6*18,000= \$108,000$

The budgeted amounts are: e.$8,000 of fixed costs and $108,000 of variable costs.

8 0

3 years ago