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MakcuM [25]
3 years ago
12

Which of the following statements about the economic value to the customer (EVC) is FALSE? a. EVC for a product is estimated com

pared with an existing product used by the customer. b. Companies generally attempt to price products to match EVC. c. EVC may be different for different customers. d. EVC is the maximum customers should be willing to pay. e. EVC is calculated as the total life cycle cost or cost of ownership over the entire life of a product.
Business
1 answer:
Mumz [18]3 years ago
7 0

Answer:

Option D is false

Explanation:

EVC is not the same thing as willingness to pay because EVC is a measure of the value the product produces for a particular customer but doesn't have any effect on it's customers ability to pay for the estimated value.

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In some developing countries, children work in factories when they are 8 or 9 years old. The United States has strict child labo
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Explanation:

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The following items are taken from the financial statements of Cullumber Company for 2022:
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Answer:

                                          Cullumber Company

                                          Balance Sheet

                                          As at 2022

Explanation:                      Amount in $

Current Assets

Accounts Receivable           12,500

Cash                                      13,000

Prepaid Insurance                  6,600

Supplies                                  4,600

Total Current Assets            36,700

Non-Current Assets

Equipment (225,000-36,900)  188,100

Total Assets                            <u>  </u><u>224,800</u>

Liabilities & Shareholders' Equity

Current Liabilities

Accounts Payable                10,600

Notes Payable                      65,000

Salaries Payable                      3,900

Total Current Liabilities           79,500

Equity

Common Stocks                      97,000

Retained Earnings (25,900+133,000-21,400-13,600-2,600-16,800-33,500-6,700)                                          64,300  

Dividends                                   (16,000)

 Total Equity                              145,300

Total Liabilities & shareholders' equity    <u>224,800</u>  

4 0
4 years ago
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