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3 years ago

What kinds of products are advertised as high class?

2 answers:

8 0

There are different types of products which are advertised as high class. These usually are referred by the consumers because of the brand. Examples of which are Apple for phones and also other consumer products such as wines and perfumes.

irakobra [83]3 years ago

3 0

Answer:

The correct answer is the kind of products that are most expensive, unique in its kind and limited in its distribution.

Explanation:

To begin with, the high-class products are the ones that tend to be the most expensives due to the fact that they are sold as the company's best product that are supposed to be the ones with the best technology of the market and one of a kind. Moreover, these type of products are adverstised as high-class because they have a limited distribution and only the most wealthy people could afford to purchase them, as an example of being an unique product for an unique buyer.

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No formal steps are necessary to create a sole proprietorship. True or false?

larisa86 [58]

Answer:

True

Explanation:

5 0

3 years ago

Ahngram Corp. has 1,000 carton of oranges that cost $20 per carton in direct costs and $19.00 per carton in indirect costs and s

andrew11 [14]

Answer:

The incremental income from processing the oranges into orange juice would be =$51000.

Explanation:

Incremental income from further process= (Selling price per unit- Additional cost per unit)*No. of units sold

= ($66 per unit-$15 per unit)*1000 units

= $51000

6 0

3 years ago

Jimmer’s nominal income will go up by 10 percent next year. Inflation is expected to be – 2 percent next year. By approximately

kompoz [17]

Answer:

Nominal interest rate (n) = 10% = 0.10

Inflation rate (i) = -2% = -0.02

Real interest rate (r) = ?

Application of Fisher's Equation

(I + n) = (1 + r)(1 + i)

(1 + 0.10) = (1 + r)(1 + -0.02)

1.10 = (1 + r)(0.98)

1.10 = 1 + r

0.98

1.1224 = 1 + r

1.1224 - 1 = r

r = 0.1224 = 12.24%

Jimmer's real income will change by 12.24% next year.

Explanation:

In the determination of the rate of change in real income, there is need to apply Fisher's equation. The nominal rate and inflation rate have been given, thus, we will make the real rate the subject of the formula.

3 0

3 years ago

The following information pertains to Sheridan Company.

DanielleElmas [232]

Answer:

Adjusted Cash Balance at 31 August 2022 = 9654

Explanation:

Bank Reconciliation Statement at August 31, 2022

Cash Balance as per Bank August 31, $7338

Add: Deposit in Transit $3010

Deduct: Outstanding Checks ($694 )

Adjusted Cash Balance $9,654

Cash Balance as per books, August 31, $7374

Add: Receivable collected by bank $2326

Less:Bank Service Charges ($46)

Adjusted Cash Balance $9,654

5 0

3 years ago

Which of the following should be shown on a statement of cash flows under the financing activity section? Group of answer choice

Viktor [21]

Answer: a decrease in accounts payable

Explanation: Financing practices are long-term obligations and equity sales or market incidents. In other terms, financing practices are arrangements with shareholders or creditors that are used to finance business activities or developments.

Financing activities illustrate how an outside agency is financing its programs and enhancements. There is no internal funding involved. Hence from the above we can conclude that the correct option is D.

5 0

3 years ago