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2 years ago

A consumer is someone who uses goods and services, which usually cost money.

Business

1 answer:

yaroslaw [1]2 years ago

4 0

True.

A consumer is anyone who buys and consumes a product or service.

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A good or service intended primarily for use in producing other goods or services is a ____ product.

Yuliya22 [10]

The answer is: BUSINESS.

7 0

2 years ago

Elin owes Floyd $10,000. Floyd assigns the claim to Gary. Gary does not notify Elin of the assignment. A week later, Floyd assig

dedylja [7]

Answer: priority to payment in states that follow the English rule

Explanation:

From the question, we are told that Elin owes Floyd $10,000 but Floyd assigns the claim to Gary and that Gary does not notify Elin of the assignment.

A week later, Floyd assigns the same claim to Holly. Holly immediately notifies Elin of the assignment. Holly has priority to payment in states that follow the English rule.

Holly has priority claim because Holly has already notified Elin of the task before and therefore has priority to payment in states that follow the English rule.

Option B is correct

6 0

3 years ago

Alonso paid for repairs on his car, and 3 5 of the bill was for labor costs. How much was the total bill if the cost of the labo

Anastasy [175]

Answer:

3/5b = 79.50

b = (79.50) / (3/5)

b = 79.50 * 5/3

b = 397.50/3

b = 132.50

132.50 is the total bill

Explanation:

8 0

2 years ago

Romano Corporation has three operating divisions and requires a 12% return on all investments. Selected information is presented

REY [17]

Answer:

DIVISION X

Revenues = $1006000

Operating income = $105600

Operating assets = $419800

Margin = (Income*100/Revenue) = $105600*100/$1006000 = 10.50%

Turnover = (Turnover/Assets) = $1006000/$419800 = 2.4 times

ROI = (income*100/assets) = 105600*100/419800 = 25.15%

Residual Income = (105600-419800*12%) = $55224

DIVISION Y

Revenues = $298200*1 = $298200

Operating income = $298200*14% = $41748

Operating assets = $298200

Margin = 14%

Turnover = 1 times

ROI = (income*100/assets) = $41748*100/$298200 = 14%

Residual Income = (41748-298200*12%) = $5964

DIVISION Z

Revenues = $635083.33 * 3 = $1905250

Operating income = $104900

Operating assets = (104900-28690)*100/12 = $635083.33

Margin = (Income*100/Revenue) = $104900*100/$1905250 = 5.51%

Turnover = 3 times

ROI = (income*100/assets = 5.51% * 3 = 16.53%

Residual Income = $28690

3 0

2 years ago

Massena Corporation reported the following data for the month of February:

Elodia [21]

Answer:

$186,700

Explanation:

The computation of adjusted cost of goods sold is shown below:-

Before that we need to do the following calculations

Raw material consumed = Beginning raw material + Raw material purchases - Ending raw materials - Raw materials included in manufacturing overhead costs as indirect materials

= $40,000 + $63,000 - $24,000 - $5,000

= $74,000

Total manufacturing cost = Beginning work in progress + Raw material consumed + Direct labor cost + Manufacturing overhead cost - Ending work in progress

= $23,000 + $74,000 + $73,700 + $48,000 - $17,000

= $201,700

Unadjusted Cost of goods sold = Raw materials + Total manufacturing cost - Ending finished goods

= $50,000 + $201,700 - $72,000

= $179,700

Adjusted COGS = Unadjusted Cost of goods sold + Underapplied overhead

= $179,700 + ($55,000 - $48,000)

= $179,700 + $7,000

= $186,700

6 0

2 years ago