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Greeley [361]
2 years ago
12

A promise made by a manufacturer or dealer that a product meets certain quality standards and that defective parts will be repla

ced is called
a. A. guarantee.
B. premium.
C. warranty.
D. "good faith" pledge.
Business
1 answer:
ozzi2 years ago
8 0
C. Warranty and proof the company believes in their product.
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Mishaps are normally caused by a series of conditions within a chain-of-events that set the stage for an active failure.
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On December 31, 2019, Hamilton Inc. sold a used industrial crane for $1,000,000 cash. The original cost of the crane was $5.22 m
garik1379 [7]

Answer:

Gain= $90,000

Explanation:

Giving the following information:

Selling price= $1,000,000

Original price= $5,220,000

Accumulated depreciation= $4,310,000

<u>First, we need to calculate the book value:</u>

Book value= purchase price - accumulated depreciation

Book value= 5,220,000 - 4,310,000

Book value= $910,000

<u>Now, if the selling price is higher than the book value, the company gain from the sale:</u>

Gain/loss= selling price - book value

Gain/loss= 1,000,000 - 910,000

Gain= $90,000

3 0
3 years ago
Green Thumb Garden Tools Inc. produces and sells home and garden tools and equipment. A lawnmower has a total cost of $230 per u
WARRIOR [948]

Answer:

80%

Explanation:

The computation of markup percentage on product cost is shown below:-

Markup percentage on product cost = ((Selling and administrative expenses + Desired profit) ÷ Product cost) × 100

= (($70 + $58) ÷ $160) × 100

= 0.8

or

= 80%

Therefore for computing the markup percentage on product cost we simply applied the above formula.

7 0
3 years ago
What does it take for a consumer boycott to
nirvana33 [79]

The purpose of a boycott is to inflict some economic loss on the target, or to indicate a moral outrage, to try to compel the target to alter an objectionable behavior. Sometimes, a boycott can be a form of consumer activism, sometimes called moral purchasing.

3 0
3 years ago
Which of the following best defines the Theory of Constraints? a. The concept of purposely creating barriers in a process in ord
blagie [28]

In business, the Theory of Constraints is a methodology or set of principles to improve possible constraints or bottlenecks and maximize results (Option B).

In companies, it is common goals or projects are limited by factors such as:

  • Time.
  • Communication problems.
  • Limited resources.
  • Leadership issues.
  • Among others.

These limitations are known as constraints or bottlenecks. Moreover, the Theory of Constraints proposes these factors can help companies achieve a goal or maximize results if the company focuses on improving these limiting aspects.

This means this theory states the process and results can be increased if the bottleneck activities are also maximized (option B).

Learn more in: brainly.com/question/20040228

6 0
2 years ago
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