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diamong [38]
3 years ago
10

A product line refers to Multiple Choice a group of product or service items that are closely related in terms of needs satisfie

d, uses, customer group, outlets, or price range. the entire product category or industry. the variations within a product class. a specific product SKU that has a unique brand, size, or price. a product and all its ancillary services (warranties, financing, etc.).
Business
1 answer:
butalik [34]3 years ago
8 0

Answer:

D) a group of product or service items that are closely related in terms of needs satisfied, uses, customer group, outlets, or price range.

Explanation:

Product line can be regarded as group of related products which is been

marketed by the use of single brand name which is been sold out by the same company in question, expansion of offerings by companies is done through addition of existing product lines, since consumer prefer buying from brand they know big before.

It should be noted that A product line refers a group of product or service items that are closely related in terms of needs satisfied, uses, customer group, outlets, or price range.

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Agnes sold 50 shares of ABC stock to her son, Steve, in year 4 for $42,000. She bought the stock eight years ago for $50,000. St
DENIUS [597]

Answer:

None, he will have to declare by the beginning of year seven

4 0
3 years ago
a truck costs $35,000 with a residual value of $2000. its service life is five years using the declining balance method at twice
Sveta_85 [38]
What grade is this???
4 0
3 years ago
If a company fails to record accrued interest revenue at the end of its fiscal year, all else being equal, what are the effects
Rina8888 [55]

Answer:

Net income: Understated

Total assets: Understated

Total liabilities: No effect

Total stockholders' equity: No Impact

Explanation:

Net income will be understated, because, revenue was not accrued.

Total assets will also be understated, because accrued revenue is not recorded in the current assets, thus total assets will be lowered in total.

4 0
3 years ago
Luther Industries currently has 5 million shares outstanding and its stock is currently trading at $40 per share. Assuming Luthe
aliya0001 [1]

Answer:

The Luther's new share price is closest to $16

Explanation:

For computing the new share in case of the stock split, first we have to find out the value of total share which is shown below:

Value of share = Outstanding number of shares × price per share

                        = 5,000,000 × $40

                        = 200,000,000

Now we find out the outstanding shares after the stock split which equal to

= Value of share × stock split ratio

=5,000,000 × 5 ÷ 2

= 12,500,000

Then, compute the new share price which is equal to

= Value of shares ÷ stock split outstanding shares

= 200,000,000 ÷ 12,500,000

= $16

Hence,  Luther's new share price is closest to $16

6 0
4 years ago
Which of the following balance sheet equations is​ INCORRECT? A. Assets minus Current liabilities​ = Longminusterm liabilities​
Kipish [7]

Answer:

C

Explanation:

This balance sheet equation is incorrect, Assets minus Current liabilities​ = Longminusterm liabilities

5 0
3 years ago
Read 2 more answers
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