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Rus_ich [418]
4 years ago
15

What is the primary difference between goods and services?

Business
1 answer:
Pani-rosa [81]4 years ago
6 0

Answer:

A

Explanation:

usually goods are physical product created to satisfy the needs and wants of costumers while services are not physical product but actions that people do to assist other people.

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Which of the following is one way that land contributes to production?
777dan777 [17]
The answer is D (energy from the environment fuels production)
4 0
3 years ago
The book value of an asset is equal to the Group of answer choices asset's fair value less its historical cost. blue book value
Ugo [173]

Answer:

asset's cost less accumulated depreciation

Explanation:

The book value of an asset could be determined by applying the following formula

Book value of an asset = Cost of an asset - accumulated depreciation

The accumulated depreciation is the depreciation that can be more than on year

So as per the given options, the last one is correct

4 0
3 years ago
Do you believe the statement "perception is reality"? Why or why not?
Allisa [31]
I wholeheartedly agree and think it’s practically self-evident.

Here’s an excellent example from history.

For 28 years, the Berlin Wall separated East Berlin from West Berlin and was the most heavily militarized border crossing in the Western hemisphere. In 1989, during a press conference with western media, Gunther Schabowski was handed a note explaining a change in policy governing border crossing. Several discussions took place about making a show of opening the border between East and West Germany, but nobody informed Schabowski.

At the end of the press conference, he appears to have remembered the note belatedly, and read it verbatim—which was not what was intended. When asked about when the border would open, he assumed it was immediate.

The reality of course was that East Germany had no intention of opening the border, and certainly not immediately.

Within hours, the border crossing was practically buried under thousands of East Germans eager to be reunited with their families and other loved ones after 28 years on the press conference, which had been broadcast live.

The East Germans believed what they were told: Schabowski said immediately, and they intended to go immediately.

Border guards kept calling for instructions, until finally, they relented.

Perception became reality, and the border between East and West Berlin opened, spelling the de facto end of the separation of Germany.
273 viewsView 2 Upvoters · Answer requested by Never Wong
Related Questions (More Answers Below)
3 0
3 years ago
A consumer products company reported a 5.4 percent increase in sales from Year 1 to Year 2. Sales in Year 1 were $30,400. In Yea
pychu [463]

Answer:

The gross profit percentage in Year 2 is:

67.52%

Explanation:

a) Data and Calculations:

                                      Year 1       Year 2

Sales                          $30,400    $32,042

Cost of goods sold                         10,407

Gross profit                                  $21,635

b) Sales increased by 5.4% from year 1 to year 2 = $32,042 ($30,400 * 1.054)

c) Gross profit percentage for Year 2 = Gross profit/Sales * 100

= $21,635/$32,042 * 100

= 0.6752

= 67.52%

d) The gross profit percentage is also known as the gross margin percentage.  It is expressed as the gross profit divided by sales, and then multiplied by 100.  This ratio shows the percentage of sales value that is not consumed as part of the cost of goods sold.  The gross profit is the first profit point.  It is from this profit that period costs are deducted before arriving at the net income.

4 0
3 years ago
car wash services 200 customers in an hour on a lovely Saturday afternoon. The car wash employs 5 washers at​ $6 per hour and us
Inessa [10]

Answer:

Productivity = 2.35 cars / $

Explanation:

Given:

Total number of car per hour = 200

Total number of washers = 5

Wages per hour each washer = $6

Per hour water expenses = $50

Per hour electricity expenses = $5

Computation of total expenses per hour:

Total expenses per hour = (Total number of washers x Wages per hour) + Per hour water expenses + Per hour electricity expenses

Total expenses per hour = (5 x $6) + $50 + $5

Total expenses per hour = $30 + $50 + $5

Total expenses per hour = $85

Computation of productivity:

Productivity = Total number of car per hour / Total expenses per hour

Productivity = 200 / $85

Productivity = 2.35 cars / $

4 0
3 years ago
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