1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alisha [4.7K]
2 years ago
11

An industrial company contacts John Deere to design a specific type of equipment for use in its manufacturing facility. If John

Deere accepts this offer, the two companies will have to create a set of specifications from which the product can be made. This process is called:________.
Business
1 answer:
agasfer [191]2 years ago
6 0

Answer: Product design

Explanation:

 The product design is one of the process that helps in creating the new product by properly determining the feasibility of the product based on the customer requirement and the needs.

The product should be cost efficient, high quality and designing the product by using the product stage development process.

According to the question, the John Deere is designing the specific design or equipment on the basis of needs of the manufacturing company and this process is known as the product design.  

 Therefore, Product design is the correct answer.  

You might be interested in
Eastman Company had a $400 credit balance in Allowance for Doubtful Accounts at December 31, 2012, before the current year's pro
Reptile [31]

Answer: Please see explanation column

Explanation:

Uncollectible amount = Amount x percentage of the uncollectible  amount

$170,000 x 1% ) + (15,000 x 3% ) + ( 12,000 x 6% ) + (5,000 x  12% ) + (9,000 x 30%) = 1700+450+720+600+2700= $6,170

Credit Balance from Eastman =  $400

Adjustment required = $6170 - $400 (credit) = $5,770

Journal to record adjusting entry on December 31, 2012 for recognized bad debts expense.

a) Accounts Titles & Explanation    Debit                 Credit

Bad Debt Expense                  $5, 770  

Allowance for Doubtful Accounts                     $5,770

b Allowance for Doubtful Accounts account=  $400 debit balance before the current year's provision for uncollectible accounts.

Adjustment required = $6170 +$400 (debit) = $6,570

Accounts Titles & Explanation Debit                     Credit

Bad Debt Expense                 $6,570  

Allowance for Doubtful Accounts               $6,570

8 0
3 years ago
All of the following are good ways to follow up with a new business contact except -
sweet-ann [11.9K]
The anwser is D, i just finished the same test
7 0
2 years ago
When Teresa went into the furniture store to buy a new sleeper sofa, she thought the prices quoted by the salesperson were too h
Gnom [1K]

Answer:

c. flexible-price

Explanation:

A flexible pricing policy provides room for the business and the customer to negotiate for the final price of a product.  In other words, the price indicated on the item is not fixed.  The seller and buyer can agree to alter it either upwards or downwards.

A flexible pricing strategy enables a business to adjust its prices to suit the market demand. It will allow a company to counter low prices by competitors in cases of price wars. In some instances, businesses set slightly high prices to provide for negotiations.  Flexible pricing is common, especially in tailor-made products.

6 0
3 years ago
he Alford Group had 220,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shar
cricket20 [7]

Answer:

Consider the following calculation

Explanation:

1. Determine the 2018 EPS.

EPS = Net Income / Weighted Average number of shares

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares = 2,20 – (24x10/12) + (24x2/12) + (96x1/12)

= 2,52 Shares

EPS 2018 = $15,90 / 2,52 Shares

= $6.31 per share

2. Determine the 2019 EPS.

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares

=[ 2,20 – 24 + 24 + 96 ] x 2 Stock Split

= 6,32 Shares

EPS 2019 = $15,90 / 6,32 Shares

= $2.52 per share

3. At what amount will the 2018 EPS be presented in the 2019 comparative financial statements?

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares

= 2,520 x 2 Stock split

= 5,04 Shares

EPS = $15,90 / 5,04

= $3.15 per share

8 0
3 years ago
State and city governments have promoted facilities where new businesses can open up shop and share common services such as secr
denis-greek [22]

Answer:

Incubators

Explanation:

In north american context the incubators refers to small places for business provided on low rent.

Basically in the given context, the space for new shops for businesses is given by state and city government, this clearly states that because of involvement of government the prices of such place would be really low as compare to private rental spaces.

This provides that because of this facility incubators will grow.

6 0
3 years ago
Other questions:
  • The amount of use that the company expects to obtain from an asset before disposing of it is referred to as the _____________ li
    13·1 answer
  • According to the capture hypothesis of regulation,
    11·1 answer
  • The purpose of time management is to ________.
    8·2 answers
  • Alternating periods of economic expansion and recession are known as the:_______.
    15·1 answer
  • Shen purchased corporate stock for $20,000 on april 10, 2015. on july 14, 2017, when the stock was worth $12,000, shen died and
    15·1 answer
  • An arithmetic cash flow gradient series equals $600 in year 1, $700 in year 2, and amounts increasing by $100 per year through y
    6·1 answer
  • Transactions that affected Barter Company’s stockholders’ equity during 2015, the first year of operations, follow.
    11·1 answer
  • Disadvantage of multiple chain store?​
    14·1 answer
  • Why is it important for the business owner to<br> understand the market they are selling to?
    14·1 answer
  • T or F #7 QUICK
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!