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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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Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it
Readme [11.4K]

Answer: $24,747.92  

Based on the given amounts of increased in savings for the first 3 months, we have the following assumptions:

1) That the savings increase by 2.44% monthly

$18,962.50 -18,500=462.50, 462.50/18962*100=2.44%

$19,436.56--$18,962.50=$474.06, 474.06/19,436.56*100=2.44%

$19,922.48-$19,436.56=485.92, 485.92/19,922.48*100=2.44%

2) That the monthly interest for the first 3 months had an incremental of $0.30 monthly

462.50,474.06 and 485.92 has an incremental of 11.56 and 11.86 (with a difference of .30)

Continuing on with the increments gives savings of $24,747.92 in the 12th month.

4 0
4 years ago
Read 2 more answers
You are considering the purchase of an industrial warehouse. The purchase price is $1 million. You expect to hold the property f
Oliga [24]

Answer:

A. Cap rate = Debt Service/Current market price of asset

= $70,000/$1,000,000 * 100

= 7%

B. Debt coverage ratio = Net Operating Income/Debt Service

= $108,000/$70,000

= 1.54

C. The largest loan that can be obtained (other terms held constant) if the lender requires a debt service coverage ratio of at least 1.2 is:

= ($70,000 * 1.2)/10%

= $840,000

Explanation:

a) Data and Calculations:

Purchase price of the industrial warehouse = $1 million

Loan to finance acquisition = $700,000

Interest rate = 10%

Term of loan = 30 years

Type of loan repayment = interest-only payments

Annual debt service = $70,000 ($700,000 * 10%)

Effective gross income  $135,000

Operating expenses         27,000

Net Operating Income  $108,000

8 0
3 years ago
Raw materials inventory, beginning$1,200 Raw materials inventory, ending1,400 Work in process inventory, beginning7,100 Work in
Tanzania [10]

Answer:

76,800

Explanation:

Given that,

Raw materials inventory, beginning = $1,200

Raw materials inventory, ending = 1,400

Work in process inventory, beginning = 7,100

Work in process inventory, ending = 6,800

Raw materials acquired = 27,800

Cost of direct materials used in production = 27,600

Sales commissions to sell clackers = 2,100

Direct labor cost = 20,000

Total manufacturing overhead = 28,900

Cost of goods manufactured is determined the overall value of goods produced during a particular year and it is ready for sale. It includes all of the expenses that are incurred to convert the inventory in process into finished goods.

Cost of goods manufactured in June:

= Cost of direct material used in production + Direct Labor cost + Manufacturing Overhead + (Beginning work in process - Ending work in process Ending)

= 27,600 + 20,000 + 28,900 + (7,100 - 6,800)

= 76,800

8 0
4 years ago
g . A condominium in Maui now costs $500,000. Inflation is expected to cause this price to increase at 8 percent per year over t
prisoha [69]

Answer:

$115,643

Explanation:

The condo is now valued at $500,000

--> Future value (FV) of the condo in 5 years in 500,000 x 1.08^5 = $734,664

n = 5 years

i/r = 12%

Present value (PV) of the deposit now = 0 (no deposit has been made)

PMT (Amount of annual deposit need to be made) = ?

In order to find PMT, we need to input all the above info into financial calculator.

PMT = $115,643

8 0
3 years ago
Monique is the operations manager of a chain of hair salons in upscale urban neighborhoods. Customers in these neighborhoods exp
Eva8 [605]

Multiple Choice

A. The hair salons will be forced to move to a less demanding neighborhood.

B. The hair salons will be taken over by competitors in the area.

C. The hair salons will stay in business, and customers will adapt to their services and products.

D. The hair salons will be converted into a different type of business that can succeed in this area.

E. The hair salons will go out of business.

Answer:

Option B. The hair salons will be taken over by competitors in area.

Explanation:

The reason is that when the quality of the product that the seller promised is not delivered the customer satisfaction level drops significantly and thus moves towards the other seller which results in the loss of the customer. So this means if the business is not delivering the desired quality then it will keep loosing business customers because the competitor will take over the lost business.

6 0
3 years ago
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