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Ilia_Sergeevich [38]
3 years ago
6

The selling concept is typically practiced with ________.A) industrial productsB) unsought goodsC) specialty productsD) convenie

nce products
Business
1 answer:
zvonat [6]3 years ago
7 0

Answer:

B) unsought goods

Explanation:

The selling concept -

The concept of selling tells that the consumers will not buy enough any  product of any firm unless and until  it undergoes some  large - scale selling and promotional efforts .

This concept is used for unsought goods , the goods  those which the buyers do not normally think of buying , example insurance .

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The Department of Labor’s Occupational Outlook Handbook is relatively expensive and not available for use by the general public.
denis23 [38]

Answer: false

Explanation: just got it right

4 0
2 years ago
Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the
omeli [17]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Month - Lease cost - Machine hours

April: $15,000 - 800

May: $10,000 - 600

June: $12,000 - 770

July: $16,000 - 1,000

Using the high-low method, first, we need to determine the unitary variable cost. We need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (16,000 - 10,000) / (1,000 - 600)

Variable cost per unit= $15 per unit

Now, we can calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 16,000- (15*1,000)

Fixed costs= $1,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 10,000 - (15*600)

Fixed costs= $1,000

6 0
3 years ago
What impact did technology have on modern medicine?
Mashutka [201]
Technology today affects every single aspect of modern society. In fact, there isn’t an industry out there that hasn’t been affected by the hi-tech revolution.
Whether we are talking about transportation, communication, security, banking or healthcare, they all rely on technology in one way or another.
But nowhere is this immense impact more apparent than in the field of medicine and healthcare.
Technological breakthroughs are revolutionizing the way healthcare is being delivered.Modern technology has changed the structure and organization of the entire medical field.
From widespread adoption of electronic medical records, to advances in bio-medical engineering and technology, modern healthcare and its delivery methods are changing at an ever increasing rate. But what impact will these changes have on medicine and overall care delivery?
4 0
3 years ago
You are evaluating the balance sheet for Blue Jays Corporation. From the balance sheet you find the following balances: cash and
bezimeni [28]

Answer:

a. Current ratio=2.105

b. Quick ratio=1.053

c. Cash ratio=0.211

Explanation:

a.

<em>Step 1: Determine total current assets</em>

The total current assets can be expressed as;

T=C+R+I

where;

T=total current assets

C=cash and marketable securities

R=accounts receivable

I=inventory

In our case;

T=unknown, to be determined

C=$200,000

R=$800,000

I=$1,000,000

replacing;

T=(200,000+800,000+1,000,000)=$2,000,000

Total current assets=$2,000,000

<em>Step 2: Determine total current liabilities</em>

The total current liabilities can be expressed as;

T=W+A+N

where;

T=total current liabilities

W=accrued wages and taxes

A=accounts payable

N=notes payable

In our case;

T=unknown, to be determined

W=$250,000

A=$400,000

N=$300,000

replacing;

T=(250,000+400,000+300,000)=$950,000

Total current liabilities=$950,000

<em>Step 3: Determine current ratio</em>

The current ratio can be expressed as follows;

Current ratio=total current assets/total current liabilities

where;

Current ratio=unknown, to be determined

total current assets=$2,000,000

total current liabilities=$950,000

replacing;

Current ratio=(2,000,000/950,000)=2.105

b.

<em>Step 4: Determine quick ratio</em>

The quick ratio can be expressed as follows;

Quick ratio=(current assets-inventory)/current liabilities

where;

Quick ratio=unknown, to be determined

current assets=$2,000,000

inventory=$1,000,000

current liabilities=$950,000

replacing;

Quick ratio=(2,000,000-1,000,000)/950,000

Quick ratio=1,000,000/950,000=1.053

Quick ratio=1.053

c.

<em>Step 4: Determine cash ratio</em>

The cash ratio can be expressed as follows;

Cash ratio=(cash+marketable securities)/current liabilities

where;

Cash ratio=unknown, to be determined

Cash and marketable securities=$200,000

current liabilities=$950,000

replacing;

Cash ratio=(200,000/950,000)=0.211

Cash ratio=0.211

7 0
3 years ago
Frances loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of eac
Shtirlitz [24]

Answer:

Future Value= $4,189.30

Explanation:

Giving the following information:

Investment= $700 annual

Interest rate= 9%

Frances decides that she will continue to do this for the next 5 years.

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {700*[(1.09^5)-1]} / 0.09

FV= $4,189.30

7 0
3 years ago
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