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Oksana_A [137]
2 years ago
13

After trying out different brands of toothbrushes, Martin has decided that he prefers Oral B the most. Whenever he is out grocer

y shopping, he always purchases several of these toothbrushes, to stock up in case the store runs out in the future. To Martin, Oral B toothbrushes are _____ offerings.
Business
1 answer:
fenix001 [56]2 years ago
5 0

Answer:

To Martin Oral b toothbrushes are shopping offerings.

Explanation:

First of all offerings are nothing but the goods and services which are designed by firms in such a way that they deliver values to the consumers.

Shopping offerings are that type of offerings for which a consumer ( like Martin in this case ) would make an effort to do comparison between certain products of two different brands , to see which one is right for him ( like in this case oral b is for Martin ) and that too at the right price.

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Echota Corporation has the following capital stock outstanding at December 31, 2020: 7% Preferred stock, $100 par value, cumulat
Sunny_sXe [5.5K]

Answer:

$6,700,000

Explanation:

Preparation of the paid-in capital section of the balance sheet at December 31, 2020.

Paid-in capital section of the balance sheet at December 31, 2020

7% Preferred stock, $100 par value, cumulative15,000 shares issued and outstanding $1,500,000

Add Common stock, no par, $10 stated value, 500,000 shares authorized, 350,000 shares issued andoutstanding 3,500,000

Total capital stock5,000,000

($1,500,000+3,500,000)

Add Additional paid-in capitalIn excess of par—preferred stock$ 300,000

(15,000 shares × $20 )

Add In excess of stated value—common stock1,400,000

(350,000 shares × $4)

Total paid-in capital$6,700,000

Therefore the paid-in capital section of the balance sheet at December 31, 2020 is $6,700,000

4 0
2 years ago
Firms that strive for mindshare think not about the speed of an individual products development and launch, but rather about cre
Pie

Answer:

A) True

Explanation:

4 0
3 years ago
Read 2 more answers
e Arlington Motor Pool Internal Service Fund had the following transactions and events during January 2018. Using the "Additiona
Akimi4 [234]

Answer:

Journal Entries

1) Debit Salaries Expense $6,667 Credit Bank $6,667

2) Debit Fuel and Maintenance expense $600, Credit Bank $600

3) Debit Depreciation Expense $amount Credit Accumulated depreciation $amount

4) Debit Insurance Expense $amount Credit Bank $amount

5) Debit Benefit Expense $amount Credit Accrued Benefit Expense $amount

6) Debit Accounts Receivable ( total of all trips) $amount Credit Service Revenue $amount

Explanation:

The Question is incomplete but i will do the typical journal entries to the transactions without figures.

1) The salaries are for one month and in brackets there is a $80,000*1/12 calculation meaning the $80,000 is for the year, now if it was already recorded then we debit salaries payable $6,667 credit bank $6,667

4) Insurance expense is debited if it is paid as it is incurred but if it has an Prepaid insurance account then we credit the Prepaid insurance account instead of Bank.

4 0
3 years ago
A corporate charter: Multiple select question. names the board of directors. specifies the number of shares outstanding. is requ
Ierofanga [76]

The document called a corporate charter serves a formal purpose as its:

  • names the board of directors.
  • specifies the shares of stock to be issued.
  • describes the business activities.

<h3>What is a corporate charter?</h3>

It is a formal document that is required to be filed with the Secretary of State or registrar in order to establish a company as a corporation.

Hence, these document contains the names the board of directors, specifies the shares of stock to be issued and describes the business activities for formal purpose.

Therefore, the Option C, D and E is correct.

Read more about corporate charter

<em>brainly.com/question/17134082</em>

3 0
1 year ago
A firms have no incentive to enter or exit the industry. Select one: a. market price is equal to minimum long.run average cost.
Artyom0805 [142]

Answer: The correct answer is "d. all of the above"

Explanation: In a perfectly-competitive industry a firm have no incentive to enter or exit the industry when:

- market price is equal to minimum long-run average cost.

- each firm earns a normal return.

This happens because in perfect competition companies reach a long-term equilibrium where extraordinary benefits are eliminated.

6 0
3 years ago
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