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KIM [24]
3 years ago
6

Depth of product line refers to Multiple Choice the number of different product classes owned by a corporate chain. the percenta

ge of goods stored as inventory. the assortment of each item carried by a store. variations in price and color on specific items in a store. the variety of different product items a store carries.
Business
1 answer:
Novay_Z [31]3 years ago
3 0

Answer:

the assortment of each item carried by a store.

Explanation:

Product depth can refer to both a retailer or a manufacturing company.

Regarding a retailer, product depth refers to the assortment within each product line that the retailer has available for sale. If a store increase its product depth of a certain particular product line, it means it will offer more products of the same product line, e.g. Coke, Coke Zero, Diet Coke sold in cans or bottles, individually or in packs. Stores that want to keep low inventories will have a shallow product depth, meaning that they will only offer few units of every product line that they sell.

A manufacturer's product depth refers to the amount of products that are included under a single product line. A product line is made up of the products that a company sells under one brand. If a company increases its product depth it means that it will offer more products under the same brand, either by introducing completely new related products or variations of existing products.

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Answer and Explanation:

The journal entries are shown below:

1. 11% bonds payable $336,270.95

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(Being the recognition of fair value is recorded)

It is computed below:

= (333,900 - ($336,270.95 - $4,056) )

3. Unrealized gain $13,000     ($333,900 - $320,900)

            To fair value adjustment $13,000

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3 years ago
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