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4 years ago

In which of the following product markets are we likely to observe the largest amount of advertising?

Business

1 answer:

il63 [147K]4 years ago

4 0

Answer: Option (c) is correct.

Explanation:

Correct option: markets in which there is a very little difference between different firm's products.

Differentiated products are the products which are similar in nature. It is very difficult to differentiate among the products of two firms. Example of differentiated products are coffee; there are two brands of coffee, Bru and Nescafe.

So, there is need of advertisement to showcase unique products features to the consumers and create brand image for the product.

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Flounder Corporation is preparing a bank reconciliation and has identified the following potential reconciling items.

nikklg [1K]

Answer:

Explanation:

The journal entries are shown below:

a. No entry passed

b. Office expense A/c Dr $38

To Cash $38

(Being bank service charges paid)

c. Cash A/c Dr $32

To Interest revenue $32

(Being interest received)

d. No entry passed

e. Accounts receivable A/c Dr $570

To Cash A/c $570

(Being check returned)

The deposit in transit and outstanding checks should not be recorded. So, no entry is passed.

5 0

3 years ago

Seamus has to conduct market research on the viability of his company's new product. while planning his research he needs to de

Snowcat [4.5K]

A hypothesis, which is the theory that will be tested and either explained or disproved during the course of the research.

7 0

4 years ago

Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. A

Darya [45]

Answer:

Overhead rate for ordering and receiving = $300 per order.

Explanation:

Given Activity costs and activity drivers

Activity Overhead Cost Driver Activity

Ordering & Receiving Order $150,000 500 orders

Machine Setup $324,000 450 setups

Machining $1,587,500 125,000 MH

Assembly Parts $1,260,000 1,000,000 parts

Inspection $330,000 500 inspections

Under activity based costing the rates are based on the nature of activity and the rates are based on number of those activities per driver. As for ordering and receiving there are total of 500 orders and total cost = $150,000 that is cost per order will be computed.

Overhead rate for ordering and receiving = $150,000/500 orders = $300 per order.

6 0

4 years ago

Tomas earned $89 in interest on his savings account last year and has decided to leave the $89 in his account this coming year s

mamaluj [8]

Answer:

compound interest

Explanation:

compound interest is a practice where the interest earned qualifies to earn more interest. Compound interest is offered on some savings accounts. The interest earned every year is not withdrawn but is added to the principal amount. The principal amount increases at the beginning of every period.

The act of adding interest to the principal, which results in interest earnings on interest, is known as compound interest. Accounts that offer compounding interest are preferred to simple interest accounts. A saved amount in a compound interest account will grow faster as the principal amount will increase every year.

7 0

3 years ago

4. How might living under anarchy be desirable, compared to other forms of government with more power? How might it be bad? (4 p

Zepler [3.9K]

Anarchy is good and bad. Compared to communism it is WAY BETTER. Though, you can't vote on your leader like in democracies. Especially if you agree with the leader's values in an anarchy you would probably enjoy it. Also anarchies do have lots of power. I would say to search this up on google though.

6 0

3 years ago