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satela [25.4K]
3 years ago
11

Describe the last time you made a purchase based on possession utility. What factors influenced your purchase?

Business
1 answer:
zloy xaker [14]3 years ago
7 0

Answer: price, reviews of the product, and the overall quality of the item.

Explanation:

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4 years ago
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Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance
Alina [70]

Answer:

See below

Explanation:

Statement of cash flow from operating activities using the indirect method.

Net income

$14,000

Adjustment for non cash items:

Depreciation expense

$5,000

Adjustments for changes in working capital:

Increase in accounts receivables

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7 0
3 years ago
Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received
ale4655 [162]

Answer and Explanation:

The computation is shown below:

a. The amount that should be paid is

= $4,500 - $1,200 - ($4,500 - $1,200) × 2%) + $140

= $4,500 - $1,200 - $66 + $140

= $3,374

And,

b.  The amount that should be paid is

= $7,650 - $450 - ($7,650 - $450) × 1%

= $7,650 - $450 - $72

= $7,128

In this way the amount to be paid in full could be determined

4 0
3 years ago
Many managers quickly cut prices when faced with slow sales or an economic downturn. History shows, however, that cutting prices
jek_recluse [69]

Answer:

cutting prices reduces gross margin that may be difficult to recover

Explanation:

This is the case because cutting prices reduces gross margin that may be difficult to recover. A company's gross margin is the sales revenue they retain after paying off all of the direct costs associated with producing the various goods it sells. This happens because customers get accustomed to the low prices and tend to hesitate and not buy the company's products when they are priced higher, thus making it very difficult to recover their previous gross margin.

3 0
3 years ago
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