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zysi [14]
3 years ago
9

A student wants to buy a smartphone so she can share pictures with her friends. An insurance claims adjuster wants to buy a smar

tphone to document accidents (take pictures, write a report, etc.). If they both purchase the same model smartphone, such as an Apple iPhone, which statement is most accurate?
a. Both the adjuster and the student we potential customers because in their own way, they both benefit from the product.
b. The student is the prospective customer since there are more students buying smartphones for personal use than there are insurance adjusters buying smartphones for business use.
c. Neither the adjuster nor the student is a prospective customer since the company will pay for the adjuster's smartphone and the student's parents will pay for hers.
d. Only a person who has bought a smartphone previously is a prospective customer, only previous owners of smartphones benefit from buying new ones.
e. The adjuster is a prospective customer because the smartphone will be used for work, the student is only a secondary user since the purpose of the smartphone is just for entertainment
Business
1 answer:
gayaneshka [121]3 years ago
5 0

Answer:

Option A (Both the adjuster and the student we potential customers because in their own way, they both benefit from the product).

Explanation:

Both the adjuster and the student were potential customers as they were both buying the smartphone for either personal or official use. The adjuster sees the smartphone as a product or tool that could be used to make work efficient. The student sees the product as a luxury. Either way, they are buying the smartphone and as such, they are very important to the producers of the smartphone because the product is useful to both of them.

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Housholder Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each ye
Anestetic [448]

Answer:

Allocated MOH= $283,650

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 310,000 / 20,000

Predetermined manufacturing overhead rate= $15.5 per machine hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.5*18,300

Allocated MOH= $283,650

7 0
2 years ago
Owner's withdrawals:______.
MArishka [77]

Answer:

Owner's withdrawals:______.

a) decrease owner's equity.

Explanation:

The withdrawals made by the owner of an entity reduces his or her equity interest in the entity.  Owner's withdrawals are transfers of cash from the business to its owner.  They are not expenses of the business and do not appear in the income statement.  Instead, withdrawals may occur when an organization is spinning off extra cash or when the owner has an immediate personal need for the funds. The forms of business organizations that allow for withdrawals by the owners are the partnership and the sole proprietorship.

8 0
2 years ago
Shankar Company uses a perpetual system to record inventory transactions. The company purchases 1,500 units of inventory on acco
vaieri [72.5K]

Answer:

February 2

Debit Inventory $60,000

Credit Cash/Accounts payable $60,000

February 5

When a return of the item purchased is done,

Debit Cash/Account payable $4,000

Credit Inventory $4,000

Explanation:

In the perpetual inventory system, any movement (sale or return or purchase) must be adjusted in the books once the item moves.

When an item is purchased, such purchase may be done by cash or on  account, the entries required are

Debit Inventory

Credit Cash/Accounts payable

When a return of the item purchased is done,

Debit Cash/Account payable

Credit Inventory

Amount returned = $40 * 100

= $4,000

6 0
3 years ago
Which is the most common method for calculating credit card balances? A. Previous balance method, B. Adjusted balance method, C.
fenix001 [56]

The correct answer is C. Average daily balance method.

In average daily we consider balance interest or owed at the end of the day.

To calculate debt credit card we take the percentage of the total amount of current balance which will be termed as the interest then add one percent of the principal.

T o calculate for daily credit card balance we total the balance in the billing cycle everyday then you will divide your total with the number of days which in the cycle.

8 0
3 years ago
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One approach to understanding corruption perceptions is to compare information across a variety of countries. Your company has h
Ne4ueva [31]

Explanation:

A  major problem in investing in the countries of South America are the problems arising from corruption, political instability and bureaucratization.

There are also many positive points that make large companies operate in such countries, such as Brazil, for example, which is a large country with enormous potential for consumption and also local and government incentives for setting international companies in the country.

However, it is essential that companies operate in these countries having knowledge of the real local situation in terms of the main problems occurring in the country, such as corruption, which can lead to significant problems for the company's business.

It is important, therefore, that there is an accurate internal control over the businesses and the corruption-related indexes and an active and regular monitoring of data essential to the business.

It is also important to have policies and an internal culture aimed at maintaining ethical values, so that the company is supported by positive and ethical values ​​that will lead to a good positioning in the market.

4 0
3 years ago
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