The correct alternative is the letter D. Gallon of milk to use in a bowl of cereal, this being the product that is an example of a consumer good.
<h3 /><h3>What is a consumer good?</h3>
Corresponds to a product used by the final consumer, that is, individuals or families for the immediate satisfaction of a need, such as food, personal hygiene and cleaning products.
Therefore, an individual's income will always have a part destined for consumer goods, which are essential for their health and quality of life.
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<u>Calculation of ending retained earnings balance after closing:</u>
The balance in ending retained earnings after closing can be calculated as follows:
Balance in retained earnings account before closing $297,000
Add: Revenues $185,000
Less: Expenses $103,700
Less: Dividends $18,000
Ending retained earnings balance after closing = $360,300
Hence, The balance in ending retained earnings after closing is <u>$360,300</u>
The most important effect for a firm is the value and the cost position in relation to other firms that represent their competitors. Something very imprtant for business success is the fact that <span>managers need to keep in mind that competitive advantage is determined jointly by industry and firm effects.</span>
Answer:
The relationship with the recipient might be affected.
The recipient is likely to become upset.
