All categories

3 years ago

Give 3 Examples of Product/Service

Business

1 answer:

grigory [225]3 years ago

7 0

Answer:

Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. Services are actions such as haircuts, medical check-ups, mail delivery, car repair, and teaching.

Explanation:your welcome

You might be interested in

A company growing at an annual rate of 35 percent will double in size in just two years. A company growing at an 18 percent rate

Pavel [41]

Answer:

Yes.

I agree with the statement that "Persistent long-term growth is most achievable in moderate rates."

Explanation:

For instance, Company B may not be motivated to continue on its growth trajectory because it has doubled in size in a few years. The reason for this demotivation is that to achieve further growth may not become a motivator and it may not be repeatable, with management relaxing its growth efforts. Companies that achieve persistent long-term growth usually grow at moderate rates.

7 0

2 years ago

Which of the following agencies can request that more money be printed

AlladinOne [14]

Answer:

Only the Federal Reserve -- America's independent central bank -- can instruct the Bureau of Engraving and the U.S. Mint to print more money. Typically, the Fed makes one phone call a year to the Bureau of Engraving with a request for more money to be printed.

Explanation:

4 0

2 years ago

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in thi

jonny [76]

Answer:

14 Months

Explanation:

Last year’s sales = $163,508,343

As per the given data next year sales is increased by 3.0%.

= 0.03 * $163,508,343 = $4,905,250.29 ~= $4,905,250

Revenue added to the bottom line = 34.1% of increased demand

= 0.341 * $4,905,250 = $1,672,690.25~= $1,672,690

TQM investment = $2,000,000

Payback = (Investment in TQM / Revenue added to the bottom line) * 12

= ($2,000,000 / $1,672,690) * 12 = 14.34 ~= 14 Months

Hope this helps!

8 0

2 years ago

Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in $15, $25, an

lana66690 [7]

Answer:

1. & 2. Nov 30

Dr Cash $20.0 million

Cr Deferred Revenue $20.0 million

(To record the cash received for gift cards)

Dec 31

Dr Deferred Revenue $13.0 million

Cr Sales Revenue $13.0 million

3. $7,000,000

Explanation:

1. & 2. Preparation of the necessary journal entries

APPLE INC.

Journal Entries

Nov 30

Dr Cash $20.0 million

Cr Deferred Revenue $20.0 million

(To record the cash received for gift cards)

Dec 31

Dr Deferred Revenue $13.0 million

Cr Sales Revenue $13.0 million

(To record the redemption of gift cards)

3) Calculation to determine the ending balance in the Deferred revenue account

Ending Balance in Deferred revenue = $20.0 million - $13.0 million

Ending Balance in Deferred revenue= $7,000,000

Therefore ending balance in deferred revenue account is $7,000,000

3 0

3 years ago

A ten-year $2,000,000 bond is issued on January 1, 20xx with a 5% stated interest rated. Interest is paid semiannually on June 3

ExtremeBDS [4]

Answer:

the amount of interest expense as on June 30 is $50,000

Explanation:

The computation of the amount of interest expense as on June 30 is shown below

= Bond amount × rate of interest × number of months ÷ total number of months

= $2,000,000 × 5 months × 6 months ÷ 12 months

= $50,000

hence, the amount of interest expense as on June 30 is $50,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0

3 years ago