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vichka [17]
3 years ago
15

Fournotts Corp. manufactures and sells accessories for cell phones. To boost its sales, the research and development team is inv

olved in modifying the company's products. In this case, the research and development team will:
a. convert applications into marketable products.
b. eliminate products that are inconsistent with Fournotts Corp.'s business mission.
c. make cosmetic or functional changes to existing products.
d. add new products to supplement Fournotts Corp.'s established product line.
Business
1 answer:
ohaa [14]3 years ago
4 0

Answer:

The correct answer is option d. Add new products to supplement Fournotts Corp.'s established product line.

Explanation:

Supplementing a product refers to enhancing or optimizing a certain product. When the development team gets its hands into modifying the product, they will add new products to supplement Fournotts Corp.'s established product line.

This will not only enhance and boost their current product line but also will possibly fulfill the changing desires of the customer, hence boosting sales and increasing customer base.

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Tariffs are a tax placed on ✔ imported goods.
xxTIMURxx [149]

Answer:

Imported, an advantage, more.

Explanation:

  • This is done to discourage the use of foreign items and use of domestically made products. This helps the domestic companies to get their advantage in profit and sales. Thereby making the imported goods more expensive and discourages their use.
6 0
3 years ago
when an owner records a credit for 650 for revenue earned but not yet received the amount of the debit should be
Tanzania [10]
Debited in receipts and payments account.

I hope it helped you!
4 0
3 years ago
Lyon co. collected $1,200 in sales tax from customers during the month of march. in
slava [35]

Answer:

sales tax payable     1,200 debit

                 cash                               1,200 credit

Explanation:

To record this entry we need to understand the sales tax is not an expense for the company as is charged into the invoice and paid by the customers.

The company is an intermediate agent between the customer and the government. The company's role is to collects the tax and pay to the government. We need to record the payment of 1,200 to the government thus, we write-off the sales tax payable and credit the cash give away to the IRS

7 0
4 years ago
Crane Company sells merchandise on account for $6000 to Blossom Company with credit terms of 1/10, n/30. Block Company returns $
maxonik [38]

Answer:

The amount of check is $4,554

Explanation:

Term 1/10, n/30 means there is a discount of 1% is available on payment of due amount within discount period of 10 days after sale and net credit period of 30 days.

According to given data

Sales = $6,000

Returns = $1,400

Amount due = $6000 - $1,400 = $4,600

As the payment is made within discount period, so discount will be availed

Discount  = $4,600 x 1% = $46

Amount of Check = $4,600 - $46 = $4,554

7 0
3 years ago
Based on the following information, what is the balance on the financial account? Exports of goods and services = $5 billion Imp
Olegator [25]

Answer:

3 billion

Explanation:

the financial account will be the cash inflow less the cash outflow:

Increase in foreign holdings of assets in the United States = $4 billion Increase in U.S. holdings of assets in foreign countries = -$1 billion

4 billion of dollar enter the US from aboard while 1 billion left the country with destination aboard in total the financial account will be:

4 billion - 1 billion = 3 billion

4 0
4 years ago
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