Answer:
<u>A. The consumer is a participant in the process of delivering products or services.</u>
Explanation:
- As a known fact the consumer is a part of the entire process and all of the e-commerce is surviving of the large consumer base and hence the delivery of the product to the home of the consumer is it a new or unique aspect of e-commerce.
- Without the participation of the consumer, e-commerce has no competition in the marketplace while the rest are unique or global characteristics of the e-commerce industry.
Answer: d. a lower yield
Explanation:
When a security is said to bring back predictable returns it means the security is of lower risk. A CMO tranche that has the most predictable near-term principal pay off is therefore the one with the a lower risk.
Riskier securities command higher yield than less riskier ones as a way to compensate the holder for taking on more risk. With tranche A having the lower risk, it will have a lower yield.
Answer:
C. Estimated warranty payable for $26,500.
Explanation:
The monthly sales are $530,000 and the warranty costs are 5% of monthly sales,
Therefore, Warranty costs will be = $530,000*5% = $26,500.
Now, we know that no defective products were returned during the current month, hence the other options in the questions are discarded and Estimated warranty payable is taken at the month end.
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<u>Calculation of amount of net income (net loss):</u>
The amount of net income (net loss) can be calculated using the formula of retained earnings.
Retained earnings ending balance = Retained earnings beginning balance + net Income – Dividends
We are given that:
Retained earnings ending balance =$439,500
Retained earnings beginning balance= $432,800
Dividends = $20,200
Let’s say Net Income = X
Hence,
Retained earnings ending balance = Retained earnings beginning balance + net Income – Dividends
439500 = 432800+X-20200
439500 = 412600+X
X = 439500-412600 = 26,900
Hence, the Net Income reported by Jasper in the year 2017 is <u>$26,900</u>
