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3 years ago

If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?

Business

1 answer:

mr Goodwill [35]3 years ago

8 0

Answer:

By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.

Explanation:

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Loren and Kendra enter into a contract for the distribution of Loren’s produce to local restaurants for which he agrees to pay K

GarryVolchara [31]

Answer: (B) An assignment

Explanation:

According to the question, Kendra is transferring her legal right for the payment to the county bank under contract and this transfer is known as an assignment.

An assignment is basically known as the legal document and it contain all the transaction record information from one entity to the other entity. Assignment is one of the legal term that are used in the law of the contract and the property.

Therefore, Option (B) is correct.

5 0

3 years ago

Thornton Chicken Corporation processes and packages chicken for grocery stores. It purchases chickens from farmers and processes

maw [93]

Answer:

Chicken drumsticks:

pounds 6,600 - 7,230.22 = -630,22‬

market value: 6,600 - 5,478 = 1,122

Breast:

pounds 13,000 - 9037,88 = 3,962.12

market value: 13,000 - 10.790 = 2,210.00

Changing the allocation method detemriantes whether the drumstick are profitable or not thus, it should be considered which method is better suited.

Explanation:

Joint cost:

9,400 mateirals + 6,868 processing Total =

pounds to allocate cost:

$\left[\begin{array}{cccc}Product&Sales&Weight&Cost\\Drumstick&4000&0.44&7230.22\\Breast&5000&0.56&9037.8\\\\Total&9000&1&16268\\\end{array}\right]$

using market value:

$\left[\begin{array}{cccc}Product&Sales&Weight&Cost\\Drumstick&6600&0.3367&5478\\Breast&13000&0.6633&10790\\\\Total&19600&1&16268\\\end{array}\right]$

Then, we calcualte the gross margin under each method

Chicken drumsticks:

pounds 6,600 - 7,230.22 = -630,22‬

market value: 6,600 - 5,478 = 1,122

Breast:

pounds 13,000 - 9037,88 = 3,962.12

market value: 13,000 - 10.790 = 2,210.00

3 0

2 years ago

Delux Technologies makes and sells only one product, a high-quality processor for mainframe computers. Delux was recently approa

Anton [14]

Answer:

Imagination Station is engaging in Vertical Integration.

Explanation:

Vertical Integration is a business strategy whereby a firm acquires businesses that provide the supplies it needs to make its products or that makes and sell its products.

In this context, Delux Technologies makes and sells only one product, a high-quality processor for mainframe computers and was approached by Imagination Station, a large computer manufacturer about purchasing their company.

4 0

3 years ago

Read 2 more answers

Group Working age population Discouraged workers Employed Unemployed # in Millions 215 5 138 According to the table, the labor f

patriot [66]

Answer:

A decrease in labor force participation rate

Explanation:

The workers which are discouraged can opt out of the labor market since there is no incentive for them work anymore. The workers choosing to go out of the labor market will decrease the overall labor force participation rate. The unemployment rate can also be affected but the main effect would be on labor force participation rate

4 0

3 years ago

refer to scenario 12.3. given ray-ban's plan for positioning the new sunglass line, they should use a ____ strategy when introd

bogdanovich [222]

Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands.

Given Ray-Ban's plan for positioning the new sunglass line, they should use a price skimming strategy when introducing their new product.

Price skimming is a pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management.

5 0

3 years ago