We, consumers, favor products or services that perform well or prefer the "<u>performance attributes</u>" of what we want to consume. This feature is most, if not all, customers prefer.
The dimension of the utility function for the customer is the performance attributes of a product, good or service. Performance quality, attributes and characteristics distinguish the goods or services from those of rival brands or businesses, which the buyer may find to be very important.
If we ask a firm what their product or service is to be given and we can relate to its features or performance characteristics, the strategic activities correspond to the performance attributes subcomponent of the market utility function.
Find out what appeal is a creative strategy that elaborates on product or service attributes or benefits: brainly.com/question/28348246
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Answer:
$1,155,478
Explanation:
Present value is the sum of discounted cash flows
Present value can be found using a financial calculator
Cash flow in year 1 = $100,000
Cash flow in year 2 = $20,000
Cash flow in year 3 = $480,000
Cash flow in year 4 = $450,000
Cash flow in year 5 = $550,000
I = 9%
Present value = $1,155,478
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
Explanation:
a. The journal entries are shown below:
Accounts receivable A/c Dr $410,000
To Sales revenue A/c $370,000
To Unearned service revenue A/c $40,000
(Being the sale is recorded)
Cost of goods sold A/c Dr $300,000
To Merchandise inventory A/c $300,000
(Being inventory is sold at cost)
b. The recognized revenue would be
Sales revenue $370,000
Service revenue $20,000
Total revenue $390,000
The service revenue would be
= $40,000 × 3 months ÷ 6 months
= $20,000
And, the 3 months is computed from January 2 to March 31
Answer: The answer is C
Explanation: I got this correct on a test
Answer:
Business analysis
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.
This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.
Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
