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lapo4ka [179]
3 years ago
12

Andrea lives in southern Mississippi where winters are normally fairly mild. Last January, during an unusually cold spell, the w

ater pipes in her house froze and burst. She looked online to find a plumber who was able to come out and repair the pipes the same day. Prior to the frozen pipes, the plumber's services represented a(n)
A. unsought service.
B. convenience service.
C. industrial service.
D. specialty service.
Business
1 answer:
lawyer [7]3 years ago
8 0

Answer:

The correct answer is (A)

Explanation:

Unsought Goods are the products or services that the customer does not think about or do not typically consider purchasing, and the attainment of which arises because of threat or the fear. These goods are unwanted by most of the customers until there comes the point where they desperately need it. In this case, Andrea did not think of the problem that could arise due to the cold weather.

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Introduction of checks into the payments system reduced the costs of exchanging goods and services. Another advantage of checks
sweet-ann [11.9K]

Answer:

they provide convenient receipts for purchases

Explanation:

Checks payment is a form of paying bills. They were created to allow people to make payments without carrying large amounts of cash hence convenient for purchases.They are also  are safer than other forms of payment as they are traceable; when a transaction occurs and payment is made by checks, banks usually make copies of each check and the owner remains with an underlying copy from the check book.  

6 0
3 years ago
) Prestwich Company has budgeted production for next year as follows: First Quarter Second Quarter Third Quarter Fourth Quarter
grigory [225]

Answer:

165,000 pounds ($495,000)

Explanation:

To determine the budgeted purchases of material A in pounds for the second quarter, prepare a Materials Purchases Budget as follows :

<u>Materials Purchases Budget</u>

                                                                                                    Pounds

Materials Required for Production (80,000 x 2)                     160,000

Add Closing Materials Inventory (90,000 x 2 x 25%)              45,000

Total Materials                                                                          205,000

Less Opening Materials Inventory (80,000 x 2 x 25%)          (40,000)

Material Purchases                                                                    165,000

Cost per unit                                                                                       $3

Budgeted Materials Cost                                                       $495,000

6 0
2 years ago
What is public relations crisis?
Dmitrij [34]

Answer:

means leadership media and sales training experts based on aviation crm and award winning.

4 0
3 years ago
Shawn Bixby borrowed $21,000 on a 120-day, 12% note. After 70 days, Shawn paid $2,400 on the note. On day 100, Shawn paid an add
Zarrin [17]

Answer:

Ending Balance Due = $14,980.106

Total Interest = $780.106

Explanation:

solution

Total Interest and Ending balance due by the U.S. Rule are as given below

so interest is here for 70 day with 12 % of 21000

interest = 0.12 × 21000 ×  \frac{70}{360}

interest = $490

so

payment = $2400 - $490

payment = $1,910

and adjusted balance  will be after that

adjusted balance  = $21,000 - $1,910

adjusted balance  = $19,090

and

on 100 day

Interest  =  0.12 × $19,090  ×  \frac{30}{360}

Interest  =  $190.9

and

Payment  = $4,400 - $190.9

payment = $4209.1

So

adjusted balance  = $19090  - $4209.1

adjusted balance  = $14,880.9

and interest = $14,880.9 × 0.12  ×  \frac{20}{360}

interest = $99.206

so Ending Balance Due  will be

Ending Balance Due = $14,880.9 + $99.206

Ending Balance Due = $14,980.106

and

Total Interest = $490 + $190.9 + $99.206

Total Interest = $780.106

5 0
3 years ago
Use the direct method to determine the net cash provided by operating activities.
shutvik [7]

In order to calculate cash flows we must before adding the net cash from investment and financing activities to determine the company's net cash rise or reduction for that time period, the cash outflows and inflows are deducted to determine the net cash flow from operational operations.

Operating activities' net cash flow: $337,500

$700,000 in earnings before income taxes.

Vendor payments in cash: (525,000)

Customer cash taken in: $1,500,000

<h3><u>How do you figure out the cash that operating activities provide?</u></h3>

Flow of Cash from Operations

Net Income plus Non-Cash Items plus Changes in Working Capital equals Cash Flow from Operations.

  • Step 1: Take the net income from the income statement to begin calculating operational cash flow.
  • Add back all non-cash items in step two.
  • Adjust for variations in working capital in step three.

To Learn more about Statement of Cash flows, click the links,

brainly.com/question/27454259

#SPJ4

3 0
1 year ago
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