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Anna11 [10]
3 years ago
5

Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers br

owse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging. This relates to the________ of its products. Multiple Choice
a. relative advantage
b. complexity
c. observability
d. compatibility
e. trialability
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

e. trialability

Explanation:

Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.

It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.

Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging

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The originate-to-distribute business model has a serious ________ problem since the mortgage broker has little incentive to make
Ira Lisetskai [31]

Answer:

Principal-agent.

Explanation:

This problem comes to play when one has to make decisions on behalf of another person.

The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.

It can occur in any situation in which the ownership of an asset, or a principal, delegates direct control over that asset to another party, or agent.

3 0
3 years ago
Which of the following material events occurring subsequent to the December 31, Year 1, balance sheet date will not ordinarily r
Nookie1986 [14]

Answer:

<em>Acquisition of a subsidiary on January 23, Year 2. Negotiations had begun in December of Year 1.</em>

Explanation:

An entity acknowledges <em>events that occurred in the financial reports which provide data on conditions that exist at the income statement date,</em> including calculations that are inherent in the preparation of the statement.

The holding company's sale did not take place until the end of the year.

Therefore, the transaction only included disclosure of the note, not acknowledgement in the statements.

5 0
4 years ago
The following inventory was available for sale during the year for Dolphin Tools: Beginning inventory 10 units at $120 First pur
vaieri [72.5K]

Answer: $4,950

Explanation:

If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.

The 25 units at the end of the year will be the most recent units purchased and so will be;

20 units from the third purchase

5 units from the 2nd purchase

Inventory value = (20 * 195) + ( 5 * 210)

= $4,950

<em>The options are not for this question. </em>

8 0
3 years ago
Garcon Inc. manufactures electronic products, with two operating divisions, Consumer and Commercial. Condensed divisional income
leonid [27]

Answer:

1.Since there is spare capacity in the consumer division, the acceptable transfer prices are variable cost per unit - market price per unit

i.e. $104-$150

The transfer price should be set in between the two. However, $150 is an appropriate price

2. Income will increase as follows:

Consumer Division = (115-104)*2880 = $31,680    

Commercial Division = (150-115)*2880 = $100,800    

Company = $132,480

3) check the attached file

4.Income will increase as follows:    

Consumer Division = (126-104)*2880 = $63,360    

Commercial Division = (150-126)*2880 = $69,120    

Company = $132,480

Explanation:

check attached files for explanation well detailed.

7 0
3 years ago
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,220 in assets in exchange for its
nexus9112 [7]

Answer and Explanation:

The Preparation of statement of cash flows for Ernst Consulting is shown below:-

<u>Ernst Consulting</u>

<u>Cash Flows from Operating Activities</u>

<u>Particulars                                                                          Amount</u>

Paid cash to employees                          ($840)

Paid cash for rent                                     ($2,770)

Paid cash for telephone expense            ($820)

Paid cash for miscellaneous expenses    ($630)

Net cash used in Operating Activities                            ($5,060 )

Cash Flows from Investing Activities  

Paid cash for purchase of equipment      ($17,200)

Net cash used in Investing Activities                             ($17,200 )

Cash Flows from Financing Activities

Cash invested by owner                            $37,380  

Cash dividends                                           ($1,280)  

Net cash flows provided by Financing Activities          $36,100

Net increase ( decrease) in cash                                       $13,840

Cash balance, October 1                                                       0

Cash balance, October 31                                                   $13,840

Therefore we have considered cash inflow presented in positive amount

while cash outflow in negative amount.

4 0
3 years ago
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