Answer:
B. Immediately; stored
Explanation:
One primary difference between services and the production of goods is that services are consumed <u>immediately</u> whereas goods can be <u>stored</u>.
There are several differences in production and consumption of goods and services:
- Goods are Tangible as it can be touched, however, services are intangible as it cannot touched but it can realized.
- Goods can be stored for later use, however, services cannot be stored but need to be consumed immediately on real time.
- Goods can be weighed and measured on scale, however, services can evaluated on basis of satisfaction level.
<u><em>Capitalists want to make money . . . the best way to do that is to make businesses/production more profitable by increasing production to a large scale (i.e. industrialization)</em></u>
Answer:
We will consider positive interest rate which is i=0.21 or i=21%
Explanation:
The formula for Future value is:
The present value will become:
where:
n is the number of years
Since the condition is same present value,so the given data form the equation:
Divide above equation by 
Let 
. Above equation will become:
Rearranging above equation:
Solving the quadratic equation:
z=1.1, z=0.9
Let will become:
For z=1.1
For z=0.9
we will consider positive interest rate which is i=0.21 or i=21%
ram.asked me not to stand
Answer:
The answer is that the net income under absorption costing would be higher than the net income under variable costing.
Explanation:
Absorption costing and variable costing are terms used in accounting contexts. Absorption costing, also known as full costing, incurs overhead costs when the product is sold; not before it. Variable costing, also referred to as direct costing, would include overhead costs during the period the costs occurred. In this condition, net income would be higher using absorption since overhead costs would not be included until the product is sold.
