Answer:
Explanation:
A vending machine is a machine that provides items which includes snacks, beverages, lottery tickets etc to consumers after cash, or a credit card is inserted into the machine. In addition, they are usually automated.
Mail order houses on the other hand, are companies that sell or manage mail orders. They sell their products through mail and there usually is no direct contact between the seller abs the buyer.
Mail order houses eliminates the use of middlemen: this is one of the most important usefulness of mail order, eliminating the use of middlemen thereby saving both the buyer and seller whatever they should have parted with for the middleman.
Bad debt is non existent: Mail order houses do not give out credit to customers, and as such, bad debts never come into the scenario.
Convenience: Mail orders typically deliver to the doorstep of customers. This is very convenient for the customers.
Products handled by mail order include;
Office supplies
Jewelry
Computer hardware
Beauty products
Products handled by vending machines include;
Beverages
Snacks
Lottery tickets
Cigarettes
Answer:
The special order should be accepted.
Explanation:
Giving the following information:
At Bargain Electronics, it costs $33 per unit ($18 variable and $15 fixed). A foreign wholesaler offers to buy 4,260 units at $29 each. Bargain Electronics will incur special shipping costs of $1 per unit.
Because it is a special offer and there is unused capacity we will not have into account the fixed costs.
Sales= 29*4260= 123,540
Variable costs= 80,940 (-)
Contribution margin= 42,600
The special order should be accepted.
Answer:
E. Adherence to universal ethical norms always takes precedence over local ethical norms.
Explanation: Adherence to universal or "first-order" ethical norms should always take precedence over local or "second-order" norms. In instances involving universally applicable ethical norms (like paying bribes), there can be no compromise on what is ethically permissible and what is not.
Answer: A discount bond will have a negative nominal interest rate when the: <u>" C. current bond price is greater than its face value ".</u>
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Explanation: because Discount bonds are those that issue below their nominal value, so if the current bond price is greater than its face value, the nominal interest rate will be negative.
Answer:
1.5
Explanation:
Current ratio = current asset/current liabilities
This ratio is used to determine how quickly the current assets can be used to settle the current liabilities as they fall due.
current assets = $120,000
current liabilities = $80,000
The firm's current ratio = $120,000/$80,000
= 1.5