Answer:
Value
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
According to the economist Philip Kotler in his book titled "Marketing management" he stated that, there are five (5) levels of a product. This includes;
1. Core benefit.
2. Generic product.
3. Expected product.
4. Augmented product.
5. Potential product.
The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.
In Economics, value is a subjective assessment of benefits by a customer with respect to costs in determining the worth of a product.
For example, a hotel provides a comfortable and convenient bed to spend the night (sleep) when you travel for a vacation at a price.
Answer:
Total value (5,400)
Explanation:
10,000,000 rupees
option to sale ruppes at $2.30
2.3
The spot rate was 2.80
Option Premium:
10,000,000 / 100 x 0.004 = 400
Stop difference:
(2.80 - 2.30) x 10,000,000 / 100 = 5,000
Total value (5,400)
Answer:
Cash 9,010
Interest Revenue 510
Notes Receivable 8,500
Explanation:
The journal entry is shown below:
Cash A/c Dr 9,010
To Interest Revenue A/c Dr $510
To Notes Receivable A/c Dr 8,500
The computation of the interest revenue is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $8,500 × 12% × (6 months ÷ 12 months)
= $510
The six months is calculated from February 1 to August 1
Answer:
I would say D because it sounds more reasonable for me