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nalin [4]
3 years ago
6

Which of the following correctly defines a​ product?

Business
1 answer:
Alisiya [41]3 years ago
7 0

Answer: Option C            

                           

Explanation: In simple words, a product refers to an entity that that could be tangible or intangible and is produced by the manufacturer for satisfying the wants of its customers.

Hence anything that is offered to the market and has the ability to satisfy the needs of specified individuals will be classified as a product.

Thus, the correct option is C.

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On January​ 1, 2017, the Accounts Receivable of Martha Company had a debit balance of​ $190,000. During​ January, the company pr
kupik [55]

Answer:

End of January​, 2017    

Dr Accounts Receivable  $350,000  

Explanation:

  • On January​ 1, 2017  

Dr Accounts Receivable $190,000  

  • During​ January  

Dr Accounts Receivable $400,000  

Cr Sales                           $400,000  

  • During​ January  

Dr Cash                            $240,000  

Cr Accounts Receivable $240,000  

  • End of January​, 2017  

Dr Accounts Receivable    $350,000  

3 0
3 years ago
Matt is passionate about Hollister. It is the only place he'll buy his clothes. He hasn't shopped anywhere else in the last few
guajiro [1.7K]

Answer:

Bias

Explanation:

Bias is a preference towards something do to ignorance. he is being biased becuase he never goes to other stores to see if they are better

3 0
3 years ago
The decision to change the international pages of the CH2M Hill website was a decision that took a great deal of thought and dis
Advocard [28]

Answer:

The effectiveness of any decision making process can only be evaluated after the decision was made and depending on the results. The unstructured decision making process is carried out when there is no other apparent alternative that can work. The problem with this type of solutions is that they are new and untested, which means that there is the possibility of being a great choice or a great mistake.

In Ch2M's case, the unstructured decision making process included the whole website team because they it was a way of distributing responsibilities in case the decision wasn't the best.

That is the problem with this type of process, the person that makes the decision will be held responsible for the results and the whole process is actually new, but necessary since there is no other alternative. Personally, I believe that this type of decision process should be taken only as a last resort.

4 0
3 years ago
The relationship between financial leverage and profitability   Pelican​ Paper, Inc., and Timberland​ Forest, Inc., are rivals i
mamaluj [8]

Answer:

Pelican's debt ratio        9%

Timberland's debt ratio 50%

The times interest earned ratio for Pelican  57.5

The times interest earned ratio for Timberland 10.45

C is correct as Pelican has 57.5 times interest earned ratio while Timberland only 10.45 times.in other words,earnings of Timberland is more volatile.

D is also correct ,since it has financial leverage of 50.46% as against Pelican financial leverage of 9.17%

The operating margin for Pelican is 14.76%  while the operating margin for Timberland is 13.8%

Return on total assets for Pelican is 36.9%  and that of its competitor is 34.5%

The return on equity for Pelican 40.6%  and  that of Timberland is 69.6%

C is correct as Pelican is more profitable than Timberland as shown by the higher net profit margin and return on assets

B is correct, even though Pelican is more profitable​ (higher net profit​margin), Timberland has a higher ROE than Pelican due to the additional financial leverage risk.

Explanation:

All of the ratios requested for are found in the attached spreadsheet.

Download xlsx
3 0
3 years ago
jayda started a corporation that creates software products for clients. Which statement correctly reflects Jayda’s position in t
Illusion [34]
She is the proprietor
7 0
3 years ago
Read 2 more answers
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