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puteri [66]
4 years ago
15

Jane is planning to go on a camping trip. She purchases a bottle of mineral water, a pack of biscuits, a small tube of toothpast

e, and a toothbrush from the supermarket near her house. The items that Jane has purchased from the supermarket are _____.
A) durable goods
B) hard goods
C) intangible goods
D) nondurable goods
Business
1 answer:
Naddika [18.5K]4 years ago
5 0

Answer:

D) nondurable goods

Explanation:

Durable goods or hard goods are goods that retain its value over a long period of time. It isn't totally consumed over time but can be used over a long period of time. E.g. computer, phone etc

Nondurable goods are goods that are consumed in a short period of time.

Intangible goods are goods that are non physical in nature. Example are services.

I hope my answer helps you

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On January 1, Year 1, Milton Manufacturing Company purchased equipment with a list price of $31,000. A total of $2,800 was paid
spayn [35]

Answer:

the amount of depreciation for Year 1 is $3,948

Explanation:

Step 1 : Determine Cost of Equipment

<em>Cost according to IAS 16 means purchase price plus other costs directly incurred in bringing the asset to location and condition of use as intended by management.</em>

Purchase Price                        $31,000

Installation and testing            $2,800

Total Cost                              $ 33,800

Step 2 : Determine the depletion rate

Depletion rate = (Cost - Salvage Value) ÷ Estimated Production

                        = ($ 33,800 - $5,600) ÷ 100,000 units

                        = 0.282

Step 3 : Determine the Depreciation Expense

Depreciation Expense =  Depletion rate x Units Produced

                                     =  0.282 x 14,000 units

                                     = $3,948

Conclusion

the amount of depreciation for Year 1 is $3,948

7 0
3 years ago
Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How mu
ira [324]

Answer:

$8,000 decrease is the correct answer.

Explanation:

4 0
4 years ago
An aerospace company has submitted bids on two separate federal government defense contracts. The company president believes tha
Sunny_sXe [5.5K]

Answer:

1. What is the probability that they will lose both contracts?

probability of losing both contracts = (1 - 40%) x (1 - 65%) = 21%

2. What is the probability that they win only one contract?

probability of winning 1 contract = 1 probability of winning both contracts - probability of not winning any contract = 1 - 21% - 26% = 53%

3. What is the probability that they win both contracts?

the probability of winning both contracts = probability of winning first contract x probability of winning second contract = 40% x 65% = 26%

4 0
3 years ago
Why is barter inefficient?
Alexxandr [17]

Answer:

People didn't want to trade their goods for other goods anymore.

Explanation:

People wanted to have both their item and another item (which they wanted to buy). Then currency was invented.

3 0
3 years ago
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

4 0
3 years ago
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