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2 years ago

Choices companies give customers of the

1 answer:

7 0

<h2>Choices companies give customers of the features to be included on the products they purchase are known as "options".</h2>

Explanation:

Options are nothing but an enhanced version of the basic product.

There are 'n' number of examples which can be given and I am listing few.

Example 1: Shampoo

Shampoo is the basic product, adding on to it with little conditioner effect and fragrance enhance the existing model and customer likes the enhanced feature / option.

Example 2: Automobile products

A basic automobile with rear mirror, seat cover, carpets, etc to attract customer.

Example 3: Mobile phones

Almost all the customers look mainly for the features and they get attracted towards the purchase only by reading the features.

Features are added to keep the product live in the market.

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Answer:

The answer is Letter B

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2 years ago

Melvin receives stock as a gift from his uncle. No gift tax is paid. The adjusted basis of the stock is $30,000 and the fair mar

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Answer:

The gain of $8,000 is recognized and the bonds have a basis of $35,000

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2 years ago

On June 30, Collins Management Company purchased land for $460,000 and a building for $520,000, paying $360,000 cash and issuing

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Answer:

See Explanation

Explanation:

(a)

Journal entry to record the transaction is,

Particulars Debit Credit

Land and Building (460000 + 520000) $980,000

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We assume that 4% interest is chargeable each semiannual payment and that each subsequent payment is charged 4% on the remaining amount of principal minus any preceding principal payments.

(b)

First installment = Principal + Interest payable

= 31,000 + (620,000 * 0.04) = $55,800

(c)

Second payment = 31,000 + [(620,000 - 31000) * 0.04] = $54,560

Since the chart of accounts is not provided you can confirm the the account headings.

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2 years ago

Ichiro is injured in a two-car accident and sues Heather, the driver of the other vehicle, alleging negligence. Heather claims t

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Answer:

d. even if Ichiro was only slightly at fault.

Explanation:

If Ichiro is suing Heather for negligence, but he himself is found to have negiglent as well, his possibilities of winning the case are less even if he was only slightly at fault.

This is because the fact that he was negligent as well reduces his condition of victim, and makes him an active participant in the accident. In other words, if Ichiro is found negligent, it means that the accident and his subsequent injuries were also his fault.

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