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3 years ago

What type of business sells to the end consumer

Business

1 answer:

Shtirlitz [24]3 years ago

4 0

Answer:

business-to- consumer (B2C)

Explanation:

Commerce is a business model which typically involves the buying and selling of goods or products at a given price.

Generally, commerce comprises of four (4) business models and these are;

1. Business to Business (B2B).

2. Consumer to Consumer (C2C).

3. Business to Government (B2G).

4. Business to Consumer (B2C).

A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.

Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).

Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.

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The recent financial crisis created problems for companies because: companies had to cut managers and lay off many workers. mana

Archy [21]

The recent financial crisis created problems for companies because: COMPANIES HAD TO CUT MANAGERS AND LAY OFF MANY WORKERS.
The recent financial crises had a huge impact on companies generally and many of them has to retrench their workers as a result of the negative impacts which the crisis had on their financial status. The companies were trying to cut costs in order to remain in business.

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3 years ago

A finance lease agreement calls for quarterly lease payments of $5,376 over a 10-year lease term, with the first payment on July

Rainbow [258]

Answer:

a. The preparation of partial amortization is shown below:-

b. $2,892

Explanation:

a. Date Lease Effective Decrease in Outstanding

payment interest balance balance

July 1 $150,000

July 1 $5,376 $5,376 $144,624

($150,000 - $5,376)

Oct 1 $5,376 $2,892 $2,484 $142,140

( $5,376 - $2,892) ($144,624 - $2,484)

b. Interest expense on October 1 = $2,892

Working Note:-

Take the outstanding balance times 2% (8% annual = 2% quarterly)

So, the Effective interest = $144,624 × 0.02

= $2,892.48

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3 years ago

Transactions for the Monty Company, which provides welding services, for the month of June are presented below. June 1 Monthly i

Leona [35]

Answer:

<u>Transactions:</u>

1. June 1 Monthly invests $3, 910 cash in exchange for shares of common stock in a small welding business.

2. June 2 Purchases equipment on account for 340.

3. June 3 $760 cash is paid to landlord for June rent.

4. June 12 Bills P. Leonard $410 after completing welding work done on account.

<u>Journal Entries:</u>

June 1 Dr. Cr.

Investment $3,910

Cash $3,910

June 2 Dr. Cr.

Equipment $340

Account Payable $340

June 3 Dr. Cr.

Rent Expense $3,760

Cash $3,760

June 12 Dr. Cr.

P. Leonard (Receivable) $410

Welding Service Revenue $410

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3 years ago

Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which

klemol [59]

Accountant would be a good fit for her

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3 years ago

Which of the following statements is CORRECT?

zaharov [31]

Answer:

If a company pays more in dividends than it generates in net income, its retained earnings as reported on the balance sheet will decline from the previous year's balance.

Explanation:

The dividend is shown while preparing the retained earning statement. So, it does not affect the net income.

The highly liquid marketable securities does not show a decline in the current assets

If the long term bonds are issued to purchase fixed assets it would show under the long term liabilities and the long term assets rather than the current assets and the current liabilities

Account receivable are reported in the current assets rather than the current liabilities

We know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

If the dividend amount is more than the net income so the ending balance of retained earning will decline than its beginning year balance.

3 0

2 years ago

Read 2 more answers