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
labwork [276]
3 years ago
11

Tony wanted to buy a pair of​ binoculars, but not just any brand. He wanted to buy a pair of Steiner​ Nighthunters, just like th

e pair he had learned about in his newest copy of ​Peter's Hunt Magazine. He had to visit five different sporting goods stores before he found this brand. For​ Tony, the Steiner Nighthunter is an example of​ a(n) ________.
Business
1 answer:
Scrat [10]3 years ago
6 0

Answer: Specialty product

Explanation: Specialty product can be defined as those products which have particularly unique identifications or brand names for which the consumers are willing to make more purchasing effort. In this case tony wants a pair of steiner nighthunters because it was branded by peter hunts maganize which is followed by tony, thus, steiner nighthunters is a specialty product for tony.

You might be interested in
On March 1, the actual cash received from cash sales was $36,006, and the amount indicated by the cash register total was $36,01
Artyom0805 [142]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Cash Dr,                                 $36,006

Cash short and over Dr,        $4

     ($36,010 - $36,006)      

    To Sales                                  $36,010

(Being cash sales, cash short and over is recorded)

Therefore, to record cash sales, cash short and over we debited cash and cash short and over while credited sales.

5 0
3 years ago
Lancashire Railway Company (LRC) has two divisions, L and H. Division L is the company’s low-risk division and would have a weig
Aleks [24]

Answer:

Lancashire Railway Company (LRC)

Lancashire Railway Company (LRC) should reject the project.  The basis for rejecting Division H's project is that its return (12%) is less than the risk-based cost of capital for the division (14%).

Explanation:

a) Data:

Division L's weighted-average cost of capital = 8%

Division H's weighted-average cost of capital = 14%

Weight of Division L = 50%

Weight of Division H = 50%

Company composite weighted average cost of capital = 11% (8% * 50%) + (14% * 50%)

Expected return from a proposed project for Division H = 12%

4 0
2 years ago
​Electric, Inc. was incorporated on January​ 1, 2016. Electric issued​ 4,000 shares of common stock and​ 1,200 shares of preferr
S_A_V [24]

Answer:

$57,600

Explanation:

The computation of the total amount paid to preferred shareholders are shown below:

= Number of shares for preferred stock × par value × dividend rate × number of years

= 1,200 shares × $100 × 12% × 4 years

= $57,600

In case of cumulative, the number of years would be four years for dividend paid

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Why do people cheat on the online course using this website?
Andru [333]
Because were stupid lol
5 0
2 years ago
Read 2 more answers
The management of Metro Printers is considering a proposal to replace some existing equip- ment with a new highly efficient lase
Veseljchak [2.6K]

Answer:

Net present value of proposal $168,166

Explanation:

Check attachment

3 0
3 years ago
Other questions:
  • XOLO Ltd. sold its stocks at a face value of $10. The stocks presently have a market value of $45. The earning per share (EPS) i
    11·1 answer
  • Which best explains how the law of demand affects consumers?
    14·1 answer
  • If the economy is at equilibrium above potential output, there is a(n) _____ gap, and _____ fiscal policy is appropriate
    7·1 answer
  • Cadmia and Rhodia specialize in the production of electronics and pharmaceutical products respectively. They are considered the
    11·1 answer
  • 2. Business and financial risk The impact of financial leverage on return on equity and earnings per share Consider the followin
    12·1 answer
  • Which of the following will not result in the termination and liquidation of a partnership? 1) Partners are incompatible and cho
    9·1 answer
  • Suppose a construction company enters into a contract to build a warehouse for the hypothetical Vincent Corporation with a contr
    15·1 answer
  • You have just deposited $10,500 into an account that promises to pay you an annual interest rate of 6.4 percent each year for th
    14·1 answer
  • Which of the following provides the best example of a systematic-risk event? A. A strike by union workers hurts a firm's quarter
    5·1 answer
  • Why is it important to reconcile your bank statements?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!