The area that consumes the majority of a family’s income is Housing.
This is according to the Bureau of Labor Statistics' info for 2017.
Answer:
Investment assets.
Explanation:
Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.
Answer:
a. product differentiation
Explanation:
Product differentiation is the process whereby a product or service is distinguished from others. This is to make it more attractive to a particular segment of the market which is quite different from the general market.
For Huy Fong trying to introducing a new milder version of its renowned Sriracha hot chili, it would represent product differentiation.
Answer: I would buy the bike helmet.
Explanation:
The bike helmet is needed, but the CD is only wanted. Therefore, it would be smarter to buy the bike helmet and invest in buying the CD later.
Answer:
Aug 6. Dr cash $14,000
Cr Sales $14,000
Aug,6 Dr Cost of goods sold $8,400
Cr Merchandise inventory $8,400
August 12
Dr Sales returns $1,560
Cr Cash $1,560
August 12
Dr Merchandise inventory $936
Cr Cost of goods sold $936
Explanation:
In the first place,the goods sold for cash of $14,000 means that cash account is debited and sales is credited with $14,000
However,with respect to cost of goods sold,there would a debit of $8,400 and credit of the same amount to merchandise inventory.
The goods returned returned would necessitate debit of sales return with $1,560 and credit to cash of the same amount.
The cost of goods returned is $936 ($1,560*$8400/$14,000) should debited to merchandise inventory and a credit to costs of good sold
