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2 years ago

One difference between services in the production of goods is that the services are consumed blank where as good as can be blank

1 answer:

8 0

One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored by the consumer </u>

Explanation:

Goods and services are two important types of purchases that people make.

A good is termed as tangible or physical product that people can buy, tangible meaning something you can touch,and store for later use

A service is said to be intangible, which can't be physically touched or stored.You can only pay for a service

The term Perishability means that services cannot be stored for later sale or use. In other words, services cannot be inventoried. This is one of the most significant characteristics of services, and it has a major impact on financial results of a company

One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored by the consumer </u>

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What is a challenge of starting a business?

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Answer:

Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges every business faces whether they are large or small. These include things like hiring the right people, building a brand, and so on.

Explanation:

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3 years ago

The first step in strategy implementation involves articulating in simple language what a particular business must do to create

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In the strategy implementation stage, there are certain things done to create and sustain a competitive advantage and this involves the definition of strategic goals.

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2 years ago

At the beginning of 2020, Concord Company acquired a mine for $3,251,600. Of this amount, $124,000 was ascribed to the land valu

Sav [38]

Answer:

A. $737,520

B. $530,320

Explanation:

a. Computation for the total amount of depletion for 2020.

First step is to calculate the Depletion Rate

Depletion Rate = ($3,251,600 - $124,000 + $49,600 + $210,800)/12,100,000

Depletion Rate= $3,388,000/ 12,100,000

Depletion Rate= 0.28

Now let calculate the total amount of depletion for 2020.

2020 Total amount of depletion= 0.28 × $2,634,000

2020 Total amount of depletion= $737,520

Therefore the total amount of depletion for 2020 is $737,520

B. Computation for the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.

Expense amount charged= ($737,520/$2,634,000)* 1,894,000

Expense amount charged=0.28 *1,894,000

Expense amount charged=$530,320

Therefore the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020 is $530,320

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2 years ago

Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star

timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

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3 years ago

2.1: A debit is A : a decrease to an account. B : an entry on the left side of an account. C : an entry on the right side of an

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Answer:

B : an entry on the left side of an account.

Explanation:

There are two terms i.e debit and credit.

The accounts that reported as an expense, losses, assets are recorded in the left-hand side of an account as it contains the debit balance.

While the account reported as a revenue, gains, liabilities & stockholder equity are recorded in the right-hand side of an account as it contains the credit balance.

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3 years ago