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3 years ago

How did economic prosperity during the 1920s affect consumers?

Business

1 answer:

Blizzard [7]3 years ago

3 0

Answer:

After the war, Americans were ready to buy and wanted consumer goods like cars and appliances. Americans became accustomed to homes with electric lighting, phones, cars, vacations, and entertainment.

The lifestyles of Americans were significantly effected by the availability of labor saving products, luxury items and the emergence of mass advertising campaigns and consumerism.

Explanation:

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On June 8, Alton Co. issued an $88,500, 7%, 120-day note payable to Seller Co. Assume that the fiscal year of Seller Co. ends Ju

Furkat [3]

Answer:

Amount of interest revenue recognized $=\frac{2065\times 98}{120}=$1686.41$

Explanation:

Principal amount P = $88500

Rate of interest r = 7 %

Total number of days = 120

So interest $=\frac{principal\ amount\times rate\times time}{100}=\frac{88500\times 7\times 120}{360\times 100}=$2065$

Number of days from 8 june to 30 june = 30-8 = 22 days

So left days = 120-22 = 98 days

So amount of interest revenue recognized $=\frac{2065\times 98}{120}=$1686.41$

3 0

3 years ago

The following information was used in reconciling the bank account for Minerva Company on October 31: Balance per bank, October

Strike441 [17]

Answer: A $37.280.

Explanation:

Adjusted book balance will include those transactions made or charged by the bank for/to the company so will include;

= Balance per books - Insufficient funds check - Utility bill paid by bank - Check printing charge

= 40,000 - 1,400 - 1,240 - 80

= $37,280

3 0

3 years ago

price discrimination will occur when a firm can segment its existing and potential customers into different groups based on:

lana [24]

Customers whose demand has a higher degree of price elasticity will pay less.

<h3>How Does Price Discrimination Occur and types of Price Discrimination?</h3>

Price discrimination is a marketing tactic where sellers charge clients various prices for the same good or service depending on what they believe will win the customer over. A merchant that practices pure price discrimination will impose the highest price possible on each customer. The more typical types of price discrimination involve the vendor classifying clients into groups according to particular characteristics and charging each group a different price.

There are three types of price discrimination:

First-Degree Price Discrimination: when a company charges the highest price per unit of consumption.

Second-Degree Price Discrimination: when a business offers discounts for large orders or imposes various prices on customers depending on how much they eat.

Third-Degree Price Discrimination: when a business charges varied prices to various customer segments.

To know more about Price Discrimination visit:

brainly.com/question/17272240

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8 0

2 years ago

Yasmine plans to attend a four-year public university. She expects she will need to contribute $9,000 annually to her education.

mojhsa [17]

It is D. There are 12 months in a year and she needs to save atleast 9,000.
600x12=7,200
350x24=8,400
225x36=8,100
200x48=9,600

7 0

3 years ago

Read 2 more answers

The shareholder-debtholder conflict refers to:________

Lera25 [3.4K]

Answer:

Explanation:

The shareholder-debtholder conflict usually arises because shareholders would prefer the firm to engage in more risky business activities. This is because this has the potential to increase the income of the firm and as a result, the wealth of shareholders.

On the other hand debtholders would not want the firm to engage in risky activities because it might negatively affect the firm's ability to make its schedules payments to debtholders.

In order to protect themselves, debtholders usually draft a deb covenant which contains allowable activities of the firm

4 0

3 years ago