B) its businesses can invest in the future
One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored by the consumer </u>
Explanation:
Goods and services are two important types of purchases that people make.
A good is termed as tangible or physical product that people can buy, tangible meaning something you can touch,and store for later use
A service is said to be intangible, which can't be physically touched or stored.You can only pay for a service
The term Perishability means that services cannot be stored for later sale or use. In other words, services cannot be inventoried. This is one of the most significant characteristics of services, and it has a major impact on financial results of a company
One difference between services in the production of goods is that the services are <u>consumed by the consumer instantly </u> where as good as can be<u> stored by the consumer </u>
Answer:
D. $57,500
Explanation:
Gross income = sales - (goods returned + cost of goods sold) = $78,000 - ($1,500 + $19,000) = $78,000 - $20,500 = $57,500
Answer:
$5300
Explanation:
Contribution margin for Division B = Sales * Contribution margin ratio
= $243,000 * 20%
= $46,800
Total contribution margin = Division A + Division B
= $46,400 + $46,800
= $93,200
Contribution margin $93,200
Less : Traceable fixed expenses $51,100
Less : Common fixed expenses (plug) $5300
Net operating income $33,800
