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Bingel [31]
3 years ago
11

Before moving out of their apartment, Brad and Kim Westgate decided to have their carpets cleaned by Service Master, a company s

pecializing in professional carpet cleaning. The carpet cleaners arrived at Brad and Kim's apartment, unpacked their equipment, cleaned the carpets, packed up their tools, and drove away in their bright yellow van. The service provided by Service Master, could not be held, touched, or seen before the purchase decision. This scenario illustrates the ________ of services.1) inseparability2) intangibility3) inconsistency4) inventory
Business
1 answer:
arlik [135]3 years ago
7 0

Answer:

2) intangibility

Explanation:

A service can be defined as a collection of intangible goods that are being offered by a service provider to the end user in order to meet their needs or requirements. Thus, it is any intangible offering that involves a deed, performance, or effort that cannot be physically possessed by the service takers.

This scenario best illustrates the intangibility of services.

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Storytime Park competes with Splash World by providing a variety of rides. Storytime sells tickets at $ 100 per person as a​ one
meriva

Answer:

contribution margin ratio= 0.4

Break-even point (dollars)= $635,000

Explanation:

Giving the following information:

Storytime sells tickets at $ 100 per person as a​ one-day entrance fee.

Variable costs are $ 60 per​ person, and fixed costs are $254,000 per month.

To calculate the contribution margin ratio, we need to use the following formula:

contribution margin ratio= contribution margin/selling price

contribution margin ratio= (100 - 60)/100

contribution margin ratio= 0.4

To calculate the sales required to break even, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 254,000/0.4

Break-even point (dollars)= $635,000

3 0
3 years ago
Suppose that the reserve requirement is 10% and that the Federal Reserve purchases $5 billion in bonds from a brokerage firm.Ini
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6 0
3 years ago
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On December 31, 2012, Albacore Company had 300,000 shares of common stock issued and outstanding. Albacore issued a 10% stock di
slamgirl [31]

Answer:

Option (D) 327,000

Explanation:

Data provided in the question:

Shares of common stock issued and outstanding = 300,000

Stock dividend issued = 10%

Shares of common stock reacquired as treasury stock = 12,000

Duration from June 30, 2013 to September 30, 2013 = 3 months

= 0.25 years

Now,

Appropriate number of shares to be used in the basic earnings per share computation for 2013 will be

= [ 300,000 × ( 1 + 0.10 ) ] - [ 12,000 × 0.25 ]

= 330,000 - 3,000

= 327,000

Hence,

Option (D) 327,000

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Which of the following can increase your credit card’s APR?
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B) Missing a credit card payment.

5 0
3 years ago
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Which of the following is a purpose of a positioning statement?
Ulleksa [173]

The correct anwser is B. its the only one that makes since

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4 years ago
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