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Bas_tet [7]
3 years ago
8

Amortization is related to​

Business
1 answer:
Svetach [21]3 years ago
3 0

Answer:

Without anything to pick from, I think you answer is: a loan or depreciation.

Explanation:

Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time. <u>In relation to a loan, amortization focuses on spreading out loan payments over time. When applied to an asset, amortization is similar to depreciation.</u>

I hope this helps!

Have a great day/night! ^^

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Industries that are viewed as specialty (instead of a commodity) have a high level of rivalry?
nikdorinn [45]

Answer:

Specialty goods are the products which require high efforts in purchasing because their cost is certainly high, consumers cant take a risk of buying them frequently, like sporting cars, high end cameras, luxury high end clothing etc. There are many industries in specialty goods in which you can see intense level of rivalry. For example, in sporting cars, you have multiple brands which have very severe kind of rivalry like Jaguar and BMW - Lexus and Lotus, they not compete in cars but they compete in their advertisements, evenest as well.

Whereas, when you consider, photographic camera industry, you will also find intense kind of rivalry between Canon and Sony, Leica and Olympus. Here they not only face direct competition from other camera brands, but they also have to face competition from the cell phone industry, which also provide high end cameras in their cell phones like iPhone, Samsung and Oppo etc.

4 0
4 years ago
If you can buy a pack of candy bars 5.99 or a 2 pack 3.49,what is the unit cost for a bar in each case?
tatyana61 [14]

Answer:

1.745 per unit

Explanation:

6 0
3 years ago
East Corp. manufactures stereo systems that carry a two-year warranty against defects. Based on past experience, warranty costs
vredina [299]

Answer:

$52,500

Explanation:

Warranty cost are the cost associated with the repair or replacement of a product in case it does not perform as intended after purchase.

It is debited to the warranty expenses account and credited to the warranty liability account.

Total sales for the year - $3,000,000

Warranty estimate basis - 4%

Estimated warranty - 3,000,000 * 4% = $120,000

Warranty cost incurred = $67,500

Balance to be recorded for the year = 120,000 -67,500

$52,500

4 0
3 years ago
Inelastic demand is a situation in which:
just olya [345]

Answer:

The answer is (A) an increase or a decrease in price does not significantly affect the demand for a product.

Explanation:

Inelastic demand refers to a condition where demand does not change even when price changes. An example of this is the demand for gasoline – even when price increases, the amount consumed by customers do not drop as drastically. There are two types of inelastic demand: relatively inelastic demand and perfectly inelastic demand. When the first occurs, high price increase is followed by a relatively low drop in demand. When the second occurs instead, high price increase is followed by no drop in demand.  

6 0
3 years ago
Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics
sammy [17]

The information given is differentiated into either managerial accounting or financial accounting below:

  • Main characteristic of data is that it must be reliable and objective = Financial accounting.
  • Not governed by legal requirements = Managerial accounting
  • Primary users are external (i.e creditors, investors) = Financial accounting
  • Focused on the future = Managerial accounting
  • Reporting is based mainly on the company as a whole= Financial accounting
  • Reports are usually prepared quarterly and annually= Financial accounting
  • Information is verified by external auditors = Financial accounting
  • Focused on the past = Financial accounting

<h3>What is managerial accounting?</h3>

Managerial accounting is a method of accounting that creates statements, reports, and documents that help management in making better decisions.

Financial accounting is concerned with the summary, analysis and reporting of financial transactions related to a business.

Learn more about managerial accounting on:

brainly.com/question/4952511

3 0
2 years ago
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