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3 years ago

What are the four types of consumer goods?

2 answers:

6 0

1. shopping products 2. speciality products 3. unsought products 4.<span>Convenience products. Among the four types of consumer products, the convenience product is bought most frequently. </span>

REY [17]3 years ago

3 0

1. shopping products 2. speciality products 3. unsought products 4.Convenience products. Among the four types of consumer products, the convenience product is bought most frequently.

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If the exports (in million $) for the period 2006 through 2010 were $878, $892, $864, $870, and $912, respectively, what are the

Rufina [12.5K]

Answer:

Time series data

Explanation:

here are the option to this question:

Moving average

Linear trend equation

Logarithmic trend equation

Time series data

Time series data is a set of values or data arranged according to time - according to the time they occurred.

The export data were ordered according to time from 2006 - 2010

7 0

3 years ago

Item 3Item 3 Cutter Enterprises purchased equipment for $87,000 on January 1, 2018. The equipment is expected to have a five-yea

Rus_ich [418]

Answer:

$27,400 and $59,600

Explanation:

The computation of the depreciation expense and the book value using the sum of-the-years'-digits method is shown below:

Depreciation expense is

= (Purchase cost - residual value) × useful life ÷ sum of years

= ($87,000 - $4,800) × 5 years ÷ (5 + 4 + 3 + 2 + 1)

= $27,400

And, the book value is

= Purchase cost - depreciation expense

= $87,000 - $27,400

= $59,600

8 0

3 years ago

L. Bowers and V. Lipscomb are partners in Elegant Event Consultants. Bowers and Lipscomb share income equally. M. Ortiz will be

Mama L [17]

Answer: See attachment and explanation

Explanation:

1. Ortiz purchased a 20% interest for $20,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $20000

= $92000 + $36000 + $20000

= $148000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $148000 × 20%

= $29600

There'll be a deficiency in the profit which the existing partner contributes to and this will be:

= $29600 - $20000

= $9600

Then each partner shares =$9600/2 = $4800

2. Ortiz purchased a 30% interest for $60,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $60000

= $92000 + $36000 + $60000

= $188000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $188000 × 30%

= $56400

Since the share is less than the amount of $60000 bought in, the existing partner will be compensated in the amount of ($60000 - $56400) = $3600. Therefore each partner gets $3600/2 = $1800

Check attachment for the journal entries.

5 0

3 years ago

Activity based costing _____________

Ilia_Sergeevich [38]

Answer:

1. groups costs into meaningful buckets that are then distributed based on the activity or product they support.

Explanation:

Activity based costing basically categorizes various overheads into different activities, that leads to charge of overheads based on different activities.

In this manner overheads that shall be charged on some standard products based on the activities involved is charged accordingly, and not based on standard overhead allocation rate.

Basically the overheads are divided into various activities and then distributed to each product based on the volume of activity in the manufacturing process of such activity.

7 0

3 years ago

Rubin Enterprises had the following sales-related transactions on a recent day:

spayn [35]

Answer:

Transaction a

Debit : Account Receivable $27,500

Credit : Sales Revenue $27,500

Transaction b

Debit : Cash $5,875

Credit : Deferred Revenue $5,875

Transaction c

Debit : Sales Revenue $1,500

Credit : Account Receivable $1,500

Transaction d

Debit : Deferred Revenue $5,875

Credit : Sales Revenue $5,525

Credit : Discount received $350

Explanation:

The journals have been prepared above.

8 0

3 years ago