1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tresset_1 [31]
3 years ago
10

QUESTION 3 A merchandising company: Earns net income by buying and selling merchandise. Receives fees only in exchange for servi

ces. Earns profit from commissions only. Earns profit from fares only. Buys products from consumers.
Business
1 answer:
Taya2010 [7]3 years ago
5 0

Answer:

Earns net income by buying and selling merchandise.

Explanation:

A merchandising company is an enterprise that buys and sells goods to earn a profit.

First, wholesalers sell to retailers. Second, retailers sell to customers.

A retail company is a company that sells products directly to customers, where a wholesale company is a company that buys items in bulk from manufacturers and resells them to retailers or other wholesalers.

A merchandiser´s primary sources of revenue is sales.

So, merchandising companies resell products they previously bought from suppliers.

You might be interested in
What is valuable goods
tankabanditka [31]
Anything that is possessed with funds or luxury or heirloom items
4 0
3 years ago
RealTurf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $50,000 purchase price
Jet001 [13]

Answer:

savings per year = $20,500 - $10,500 = $10,000

the loan and interest are not included in the calculation

initial outlay = $50,000

cash flows 1-8 = $10,000

cash flow 9 = $15,000

discount rate = 15%

using a financial calculator, the NPV = -$862.85, and the IRR = 14.53%

8 0
3 years ago
What is the term used to describe the linking of key product or service requirements to process capabilities?
Igoryamba

Answer:

Product or service profiling.

Explanation:

Product or service profiling is the term used to describe the linking of key product or service requirements to process capabilities.

Generally, most organizations and business owners use the product or service profiling strategy to enhance consistency through the identification of their key services or product line and as such are avail the opportunity to select the appropriate process, procedures and techniques to achieve their goals and objectives successfully.

3 0
2 years ago
Outdoor Luggage Inc. makes high-end hard-sided luggage for sports equipment. Data concerning three of the company’s most popul
schepotkina [342]

Answer:

                                                       Ski             Golf           Fishing

                                                       Guard       Guard       Guard

selling price                                   $260         $330        $205

variable cost                                  $120          $180         $135

contribution margin                       $140          $150         $70

machine time                                 9 min.        12 min.      11 min.

lbs. of pellets                                  12              7                11

total machine time is the constraint in the production process

1a)

contribution margin per                 $933.33   $750         $381.82

machine hour

1b)

ski guard since its contribution margin per machine hour is much higher than the rest of the products

1c)

fishing guard since its contribution margin per machine hour is much lower than the rest of the products

2a)

                                                       Ski             Golf           Fishing

                                                       Guard       Guard       Guard

contribution margin per                 $11.67      $21.43       $6.36

lbs. of pellets

2b)

Golf guard since its contribution margin per lb. of pellets is much higher than the rest of the products

2c)

fishing guard since its contribution margin per lb. of pellets is much lower than the rest of the products

3)

Golf Guard ($150)

4 0
3 years ago
on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.
Kitty [74]

Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.

here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.

What Are Short-Term Investments?

  • Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
  • After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
  • Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years.
  • Typically, these investments are high-quality and highly liquid assets or investment vehicles.
  • Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.

To know more about Short-term investment visit:

6 0
1 year ago
Other questions:
  • He van halen contract with concert venues, article 126, states that the dressing rooms must have certain munchies, including m&a
    13·1 answer
  • BRICs is a term used in international finance to represent assets that are considered to be inexpensive and sturdy, but fundamen
    8·1 answer
  • The primary goal of a firm's management is to do what?Select one:a. Maximize owner's share of earningsb. Maximize owner's wealth
    15·1 answer
  • Beginning inventory was $50,000. Inventory purchased during the year cost $75,000. Inventory on hand at year-end was $40,000. Co
    5·1 answer
  • Coltrane Company has a $5,000 note payable that is paid in $1,000 installments over five years. How would the portion that must
    13·1 answer
  • Which incident inspired Aaitaman?<br><br>​
    13·2 answers
  • A monopoly that attempts to charge the socially desirable price will invariably reduce their economic profit because:_______
    13·2 answers
  • Which of the following statements about investing is
    9·1 answer
  • Sales Reps receive a 5% commission on all Opportunities that are closed/won. You need to add new fields on the Opportunity to ca
    8·1 answer
  • Each property has unique features, whether it is its age, the building design of its structures, or its location. as such, real
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!