Answer: Organizational goods
Explanation: Organizational goods can be defined as those commodities that are purchased by business entities for their operational activities. These goods are procured by organizations
to increase their effectiveness.
In the above case Dure plastics inc. purchased spare parts for its manufacturing machine, thus, to maintain business operations effectively.
Hence we can conclude that spare parts are organizational goods.
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg.
Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.
Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.
<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
A company undergoing reorganization report the gains and losses resulting from the reorganization On the income statement, separate from other gains and losses.
An income statement is a financial statement that suggests you the agency's income and expenditures. It also indicates whether a company is making income or loss for a given length. The income announcement, along with balance sheet and coins flow declaration, enables you apprehend the monetary health of your commercial enterprise.
What is income statement formula?
The simple components for an income statement is sales – expenses = net income. This simple equation shows whether or not the business enterprise is worthwhile. If revenues are more than charges, the business is worthwhile.
Why is income statement prepared?
The cause of the income statement is to show the reader how a great deal profit or loss an organization generated at some point of a reporting length.
What is the main elements of income statement?
The income statement offers sales, costs, and net earnings. The additives of the earnings statement consist of: sales; value of income; income, fashionable, and administrative charges; other operating prices; non-working income and fees; profits and losses; non-habitual objects; internet profits; and EPS.
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Answer:
D) demographic
Explanation:
The market is been divided as per income, race, age, religion and family size, this is usage of the demographic segmentation.
The property will be distributed to his heirs as specified in his will or by state law of descent.
Is a descendant the same as an heir?
Descendant: one who is related to an ancestor in blood. Children, grandchildren, and great-grandchildren are all descendants. Direct Successor or Subject: one who comes from the deceased's immediate family. Children, grandchildren, parents, and grandparents are all included in this.
What to Take Away When a deceased person did not make a formal will and testament, an heir is the person who is legally entitled to receive an inheritance. Beneficiaries who, taking everything into account, acquire the property are youngsters, relatives, or other direct relations of the decedent.
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