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Karo-lina-s [1.5K]
3 years ago
10

David bought a pickup truck to transport his equipment on weekend fishing trips. He also bought a trailer for his lawn maintenan

ce business. His purchases were Multiple Choice both B2C purchases since he is the user in both situations. both B2B purchases since he is the user in both situations. neither B2C nor B2B since he is the consumer and his uses might be mixed. B2C and B2B, respectively. B2B and B2C, respectively.
Business
1 answer:
trasher [3.6K]3 years ago
6 0

Answer:

B2C and B2B, respectively.

Explanation:

The pickup that David bought to transport equipment on weekend fishing trips should be considered a business to consumer (B2C) transaction David will use it for recreational activities.

The trailer that David bought to transport his lawn maintenance equipment should be considered a business to business (B2B) transaction David will use it for his lawn maintenance business.

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Identify whether the following paragraph uses a direct, indirect, or semi-indirect organizational pattern.
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Answer:

Correct answer is B that is <u>Indirect Organizational Pattern</u>

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3 years ago
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You just inherited a trust that will pay you $100,000 per year in perpetuity. However, the first payment will not occur for exac
allsm [11]

Answer:

PV= $620,921.32

Explanation:

Giving the following information:

Cash flow (Cf)= $100,000

Interest rate (i)= 7.25%

<u>First, we need to calculate the value of the investment at the moment of the first payment (five years from now). </u>To calculate the present value we need to use the following formula:

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8 0
3 years ago
Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i
Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales  -  $368,500

Installation Fee - $19,250

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Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee).  The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months.  Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

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Answer:

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4 years ago
How many types of management are there in business?
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