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Tju [1.3M]
3 years ago
15

Explain the difference between primary and secondary industries ​

Business
1 answer:
Lera25 [3.4K]3 years ago
3 0

Answer:

Primary Industries would be the sending of raw materials.

Secondary industries would be the manufacturing of raw materials and then sending them.

Explanation:

Primary would include, corn, apples, wood, real christmas trees,  coal, and iron.

Secondary would include, paper made from wood, and a basket woven from straw. Also, cars made from steel.

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Marcella operates a small, but very successful art gallery. All but one of the following can be classified as a variable cost ar
strojnjashka [21]

Answer:

The correct answer is a) Physical space for the gallery.

Explanation:

<u>Variable costs</u> fluctuate according on the production of goods of a company, while <u>fixed costs</u> stay the same regardless of the production output. Reviewing all the options:

  • Wages paid to three part-time employees <u>vary</u> depending on the amount of hours they work.
  • Accountant's fees for preparing tax returns <u>vary</u> depending on the time spent preparing the records.
  • The costs of purchasing art work to sell in the gallery <u>vary</u> depending on the amount of art purchased and its value.

That leaves us with option A. The physical space for the gallery. Buildings and rent are known to be a Fixed cost for companies because they stay the same regardless of the production output.

7 0
3 years ago
Choose the term that best matches the description given.
-Dominant- [34]

marketing strategy I believe

5 0
2 years ago
Preferred stock is like long-term debt in that ___________. A. it promises to pay to its holder a fixed stream of income each ye
AlekseyPX

Answer:

A. it promises to pay to its holder a fixed stream of income each year.

Explanation:

In Business, stock can be defined as having an equity or ownership by an individual in an organization. Generally, stocks are of two (2) types and these are;

1. Common stock.

2. Preferred stock.

Preferred stock refers to the securities which represents an individual's ownership or share in an organization and having a fixed claim over common stocks in earnings and assets.

Also, the preferred stock pay a fixed amount of interest regularly rather than being paid as a dividend only.

Hence, preferred stock is like long-term debt in that it promises to pay to its holder a fixed stream of income each year. This simply means that, the preferred stockholders are given more priority than the holders of common stocks. Therefore, in the event of liquidation of a firm the preferred stockholder can claim the assets belonging to a the firm.

There are four (4) types of preferred stocks and these are;

1. Perpetual preferred stock.

2. Exchangeable preferred stock.

3. Convertible preferred stock.

4. Cumulative preferred stock.

5 0
3 years ago
Marshall Company purchases a machine for $800,000. The machine has an estimated residual value of $40,000. The company expects t
jenyasd209 [6]

Answer:

$152,000

Explanation:

Depreciation expense = (Cost − Residual value) × (Actual production this period ÷ Estimated total production)

= ($800,000 − $40,000) × (400,000 units ÷ 2,000,000 units) = $152,000

7 0
3 years ago
Federal Trade Commission regulations require that:
Stella [2.4K]
B is the answer to your question
5 0
3 years ago
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