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3 years ago

Blank is the ability of a product to satisfy a customer

2 answers:

kondor19780726 [428]3 years ago

5 0

Utility is your answer. Quality could be your answer as well.
Though, by definition:
Utility - useful, profitable, or beneficial.

slava [35]3 years ago

3 0

Hello there!

Economic utility is the ability of a product to satisfy a customer.

I hope that helps!

Best of luck from Gary~

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Larkspur, Inc. had net sales in 2020 of $1,447,100. At December 31, 2020, before adjusting entries, the balances in selected acc

Zielflug [23.3K]

Answer:

The entry to record bad debt expense:

Debit Bad debts expense $24,446

Credit Allowance for Doubtful Accounts $24,446

Explanation:

1. At December 31, 2020,

Bad debt are estimated: 11% x $204,600 = $22,506

Before adjusting, Allowance for Doubtful Accounts had a debit balance of $1,940. So Bad debt expense will be: $1,940 + $22,506 = $24,446

The adjustment to record Bad debt expense and Allowance for Doubtful Accounts:

Debit Bad debts expense $24,446

Credit Allowance for Doubtful Accounts $24,446

6 0

3 years ago

The Baldwin Company currently has the following balances on their balance sheet: Total Assets $167,705 Total Liabilities $69,461

Andrews [41]

The common stock next year would be $32546

The total assets (current) = $167,705

Total assets (next year) = $167,705 + $55,000 = $222705

The total liabilities (current)= $69,461

The total liabilities (next year)= $69,461

The total retained earnings (current) = $88,498

The total retained earnings (next year) = $88,498 + 44,200 - $12000 = $120698

Common stock (current)

= $167,705 - $69,461-$88,498

= $9746

Common stock (next year)

= $222705 - $69,461 - $120698

= $32546

The common stock next year would be $32546

Read more on common stock:

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2 years ago

Thomas is the owner of a landscaping company that caters to a very wealthy clientele. His company has struggled to differentiate

ankoles [38]

Answer: The correct option is C.

Explanation: From the scenario given above, we can see that Thomas has not shown any intention to replace the expensive team members, the only option in this case would then be to properly utilize their expertise to the advantage of the company.

In order to do this therefore, a SWOT analysis would need to be carried out and utilized in gaining an edge over the competition.

In this case, Thomas would make sure that the expertise of all his team members are brought to bare, the company would analyze the competition to see where it is lacking in customer satisfaction, and then try to gain the upper hand by including features in their product that the competition does not have in theirs.

This strategy will help in achieving a competitive advantage.

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2 years ago

Read 2 more answers

The work of your group would be better done in teams if the members of the team are? ________.

marshall27 [118]

Interdependent fits here group members can work well alone, but also come together

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3 years ago

Read 2 more answers

Requirement For each of the following, indicate whether the amount is taxable:

kodGreya [7K]

Answer and Explanation:

All these situations are taxable under lottery tax in the U.S.A, under Federal tax rule, there is 25% amount of winning money you have to pay under lottery tax rule.

If the acceptance of the prize is not based on significant potential benefits and the payment is charged by the education department to a tax-exempt agency approved by Linda, option "C" might be withheld from income.

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2 years ago