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labwork [276]
3 years ago
11

Trek Bicycle purchases only the highest quality raw materials to make products that will live up to its mission to "Build the be

st bikes in the world." As an organizational buyer, Trek operates in which type of market?
A) Reseller market
B) Industrial market
C) Not-for-profit market
D) Retailer market
E) Government market
Business
1 answer:
madam [21]3 years ago
5 0

Answer:

Industrial Market

Explanation:

In the industrial market, one business acts as a consumer and the other business acts as seller. In this market the purchaser is also the business and the seller is also the business. The consumer business purchases raw materials that is used in manufacturing the end products.

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Rider Company is in the process of preparing it closing entries. It first closes its revenue accounts by crediting the Income Su
Ksivusya [100]

Answer:

B. Debit Income summary                  Debit              $ 23,000

   Retained Earnings                           Credit                                $ 23,000

Explanation:

The closing entries are recorded to close the current year's income statement  to the retained earnings account,

According to the data in the question, the revenue is closed to the credit of the income Summary  of $ 68,000 and the expenses are closed to the debit of the Income Summary of $ 45,000. This leaves a credit balance of $ 23,000 in the income summary account which is closed by debiting the income summary account and crediting the retained earnings account.

Since the revenue exceeded the expenses, the result ia  a profir which should increase the retained earnings account, which would be the case by a credit to the retained earnings account.

7 0
3 years ago
Responsible renters should plan on spending on rent a portion of their net individual or family income that is no greater than w
Reptile [31]
It has to be 30 percent

4 0
2 years ago
Mountaintop golf course is planning for the coming season. Investors would like to earn a​ 12% return on the​ company's $45 mill
Nookie1986 [14]

Answer:

The correct option is B

Explanation:

The return on assets would be:

Return on assets (ROA)= Assets × Return

                                      = $45,000,000 × 12%

                                     = $5,400,000

Return per customer = ROA / Number of golfers

                                  = $5,400,000 / 400,000

                                  = $13.50

Fixed Cost per Customer = Fixed Cost / Number of golfers

                                          = $20,000,000 / 400,000

                                         = $50

Cost to be charged per customer = Profit + Fixed Cost + Variable Cost

                                                        = $13.50 + $50 + $15

                                                        = $78.50

8 0
3 years ago
What is the difference between accrual and realization concept in accounting​
Firlakuza [10]
Accrual:- in layman terms, accrual is an ongoing process. For example if you are in an auto, the fare keeps on accruing as we travel

Realization:- in layman terms realization is the receiving of the money that had accrued. For example, when you pay the auto fare, that is realization
6 0
3 years ago
What is one advantage of professional appearance?
swat32

Answer:

D. gives a good impression to others

5 0
3 years ago
Read 2 more answers
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