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kkurt [141]
3 years ago
10

Convenience goods and services are products that a consumer buys only after comparing value, price, quality and style from a var

iety of sellers. True
Business
1 answer:
Alex787 [66]3 years ago
5 0

Answer:

False

Explanation:

The convenience product is the product i.e. inexpensive and need a minimum amount of effort while selecting and purchasing the products,

It involves the bread, soft drinks, etc

In this the consumer do not think whether to purchase or not it is already available at minimum cost

So the given statement is true

You might be interested in
You have found an asset with a 13.60 percent arithmetic average return and a 10.44 percent geometric return. Your observation pe
Dennis_Churaev [7]

Answer:

Return on assets  =  10.87 %

Return on assets  =  11.42%

Return on assets  =  12.51 %

Explanation:

given data

arithmetic average return = 13.60 percent = 0.1360

geometric return = 10.44 percent = 0.1044

observation period N = 30 years

solution

we will use here Blume formula for return of the asset  for 5 , 10 and 20 year

Return on assets = Arithmetic average return × (N - T) ÷ (N - 1) + Geometric average × (T - 1) ÷ (N - 1)   ....................1

here N is observation period and t is time period i.e 5, 10 and 20

put here value for all 3 we get

Return on assets = \frac{5-1}{30-1}*0.1360 +\frac{30-5}{30-1}*0.1044  

Return on assets  = 0.108759 = 10.87 %

and

Return on assets  = \frac{10-1}{30-1}*0.1360 +\frac{30-10}{30-1}*0.1044

Return on assets  = 0.114207 = 11.42%

and

Return on assets  =  \frac{20-1}{30-1}*0.1360 +\frac{30-20}{30-1}*0.1044

Return on assets  = 0.125103 = 12.51 %

3 0
3 years ago
On January 1, 2020, Tamarisk Co. leased a building to Carla Vista Inc. The relevant information related to the lease is as follo
pashok25 [27]

Answer:

martphones are a type of handheld computer that do not need input, output, processing, or storage.

Explanation: sasas

8iksa

6 0
3 years ago
Tamarisk, Inc. has 12000 shares of 5%, $100 par value, non-cumulative preferred stock and 48000 shares of $1 par value common st
hjlf

Answer:

$84,000

Explanation:

preference share dividend is at 5% on $100 par value. The  number of preference shares is 12,000 shares ( non cumulative)

The year 2017 preference share dividend pay out is 5% of 100 multiplied by 12,000 = $60,000

Deduct $ 60,000 from $144,000 dividend declared in 2017 , the balance is common stockholders dividend.

144,000 minus 60,000 = $84,000

Non cumulative preference shares dividend are paid first for the year the company declares dividend. The dividend is not cumulative ( prior years dividend for which company did not declare dividend are forfeited).

The common stockholders are paid dividend after preference shares dividend are paid. The common stockholders bears the full risk of the business as seen above. In event of liquidation, they are the last to be settled from realised asset of the bankrupt company.

7 0
3 years ago
Diaz Manufacturing had current liabilities worth $33,351 and long-term debt worth $300,600 in 2014. In 2013, current liabilities
Oliga [24]

Answer:

total working capital = $1,191,963

Explanation:

working capital = total current assets - total current liabilities

total current assets = cash + accounts receivable + inventories = $405,549 + $369,972 + $449,793 = $1,225,314

total current liabilities = $33,351

total working capital = $1,225,314 - $33,351 = $1,191,963

5 0
3 years ago
Suppose that consumers' incomes increased, such that more video games were demanded at each price level. After the increase in d
PSYCHO15rus [73]

Answer:

After the increase in demand, the new equilibrium price is <u>$160</u>, where both supply and demand equal <u>300</u>.

Explanation:

When the income level of customers increases, the demand curve shifts to the right, increasing the quantity demanded at every price level.

If the quantity demanded for a good increases as its customers' income increases, it is called a normal good.

In this case, the previous equilibrium quantity was 200 units and the equilibrium price was $50. Since the demand curve shifted to the right, both the quantity demanded increased from 200 units to 300, and the equilibrium price increased from $50 to $160.

8 0
3 years ago
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