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3 years ago

7

Inexpensive goods and services, which take very little consideration on the part of consumers and consumers frequently purchase,

are referred to as _____.

1 answer:

nlexa [21]3 years ago

4 0

Its called convenience products

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What is accounting

andre [41]

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.

Explanation:

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3 years ago

Assume that interest rates on 15-year noncallable Treasury and corporate bonds with different ratings are as follows: T-bond = 7

miv72 [106K]

Answer:

Investors are risk averse, which means that they are willing to invest in low risk projects or investments. In order for an investor to invest in a riskier project, he/she will expect to receive higher returns to compensate for the extra risk. US Treasury bonds are probably the safest investments in the world, that is why they yield the lowest interest rate. AAA bonds are less risky than BBB bonds, which in turn are less risky than CCC bonds. That is why AAA bonds yield a lower return than BBB bonds, and BBB bonds yield a lower return than CCC bonds.

7 0

3 years ago

Assume the following information pertaining to Moonbeam Company:

Nana76 [90]

Answer:

<u>d. Material Purchases = $ 169,000</u>

Explanation:

Cost Of Goods Statement.

Beginning Direct Materials = $117,000

Add Material Purchases = $ 169,000

Less Ending Direct Materials = <u>$130,000 </u>

Direct Materials Used = $156,000 ( given)

Direct Labor= $ 697,000

Factory Overhead = $199,000

Total Manufacturing Costs = $896,000

Beginning WIP Inventory = $85,000

Ending WIP Inventory = $104,000

Cost of Goods Manufactured= $ 1033,000

Beginning Finished Goods Inventory = $130,000

Ending Finished Goods Inventory = $124,000

Cost Of Goods Statement = $ 1039,000

4 0

3 years ago

Factors of production are the parts of the economy that:

svetoff [14.1K]

Factors of production are the parts of the economy that: c. are necessary for creating goods and services.

Option C

4 0

2 years ago

Varmit-B-Gone is a pest control service that operates in a suburban neighborhood. The company attempts to make service calls at

lubasha [3.4K]

Answer:

VARMIT B-GONE

BUDGETED INCOME STATEMENT

sales revenue ( 90%*1500*2.4*80%*$80) $207,360

Service cost :

variable cost $17280

Maintenance and repair 15,998

Depreciation <u> 42,000</u> <u> 75,278</u>

Gross profit 132,082

marketing and administrative cost :

Marketing (variable ) 10,440

administrative (fixed)(55,000*105%) 57,750

bad debt( 2%*207360) <u> 4,147 </u> <u> 72,337</u>

net income <u> 59,745</u>

Explanation:

service cost :

variable cost = (24,000/3600)*2592 = $17,280

maintenance and repairs = (22,000/3600)*2592 *101% = $15,998

Marketing cost = ($14,500/3600)*2592 = $10,440

7 0

3 years ago