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katovenus [111]
4 years ago
7

Simpson Micro owns warehouses that stock computer software. They offer net terms to retail stores, offer specials and promotions

, and provide customer service. Simpson Micro is a(n) _____ wholesaler.
Specialty Line
Business
1 answer:
Tpy6a [65]4 years ago
6 0

Answer:

Specialty line

Explanation: Specialty kine is a business term which tries to describe the line of product or services of which a person or a business entity is good at. This can be in the sale of Consumer goods,or in the distribution of a particular product or the marketing of a give set of product etc.

SIMPSON MICRO HAS A SPECIALTY LINE THAT HAS TO DO WITH THE SALE AND HANDLING OF COMPUTER SOFTWARES, Specialty lines help to allow the product line where it's.business have a good experience.

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Explain the following statement. A stock held as part of a portfolio is generally less risky than the same stock held in isolati
aleksandrvk [35]

A stock held as part of a portfolio is generally less risky than one held in isolation because a portfolio would be diversified. A personal portfolio may include 20 different stocks. Since all of your money is not invested in one company, if a single stock drops there is still the remaining 19 stocks to increase in value.

When you have one stock held in isolation it is more risky because your stock value is based on one stock. If that stock goes up you make money, but if it goes down you lose. This is unlike a portfolio because you have a variety of stocks to balance out the gains and losses.

4 0
3 years ago
In the past six months, Supplier has made late deliveries to many customers and a good portion of the goods delivered have been
geniusboy [140]

Answer:

The correct answer is letter "B": thirty days.

Explanation:

Anticipatory Breach or Repudiation is the notification one party in a contract lets the other party know that the obligations stipulated in the initial agreement will not be met.  

According to the rules if the Uniform Commercial Code (UCC), if one of the parties has good enough reasons to believe that the other party is not going to fulfill its obligations in a contract, that party can request an "<em>adequate assurance of performance</em>". If the request is not answered after 30 days, the requesting party can assume the counterparty has repudiated the contract, thus, the requesting party can look for another provider to make a new agreement.

3 0
3 years ago
Suppose that the external cost associated with chewing gum (sticky sidewalks) is 0.5 cents per packet chewed. Most economists wo
riadik2000 [5.3K]

Answer:

Doing nothing. Ignore small external costs because the cost of administering a chewing gum tax is likely large relative to the harm prevented

Explanation:

As in the given question it can be seen that the external cost that is attached with the chewing cume would not even a cent as it is only 0.5 cents. Here the value is negligible if the tax is t be charged on this than it would not generate any revenue instead of this the cost of administrative would become high

Therefore the first option is correct

7 0
3 years ago
Details that suzanne and shandra discovered about competitors in their market would most likely be analyzed in which section of
Aleksandr-060686 [28]
Analyze in food prices and personal items as well.
4 0
3 years ago
Prepare the journal entries for the following petty cash transactions of LintonGaming​ Supplies:Feb.1Established a petty cash fu
madreJ [45]

Answer and Explanation:

1. Petty cash Dr, 150

           To Cash account $150

(Being establishment of the fund is recorded)

For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets  

2. Office supplies $35

   Entertainment expense Dr, $110

             To Cash account (balancing figure) $140

              To Cash short and over $5 ($150 - $35 - $110)

Here we debited the office supplies and entertainment expense as it increased the expenses  and we credited the cash account as  it decreased the current assets

3. Petty cash account  $150   ($300 - $150)

                 To Cash account $150

(Being the increase in balance is recorded)

For recording this we debited the petty cash as it increased the current assets and credited the cash as it decreased the value of current assets  

7 0
4 years ago
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