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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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The purpose of reporting Current Maturities of Long-Term debt is to: a. report any portion of a long-term borrowing that is to b
Ket [755]

Answer:

Correct option is (d)

Explanation:

Current liabilities are part of obligations of the organization that it needs to meet within one year. Current maturities of long term debt represents that part of long term debt such a bonds or loans that need to be paid of in the current financial year.

It is shown as a separate item in the balance sheet as it is paid off using highly liquid asset such as cash.

5 0
3 years ago
Catamount Inc. employs one worker to load packages on an outgoing truck. The work shift is an 8 hour day. Trucks arrive at the l
DerKrebs [107]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

a).Work shift per day = 8 hours

Average of arriving trucks = 40

Loading time of workers = 8 min.

Earning of truck drivers = $20

Earning of workers = $18

If the truck drivers are engaged for one station, the cost may be focused on truck drivers in the system at a certain point. But if it's not, then the cost in the line must be dependent on truck drivers, since that's the best approximation of scope.

b). Hourly Cost for this System =Truck Driver Cost × No. of Trucks in an Hour + Worker Hourly Cost

= $20 × (60 ÷ 8) + $18

= $20 × 7.5+ $18

= $168

c). If they add additional dock. Then Their Total Cost in an hours

= $168 ×2

= $336 (because both worker take similar time so simultaneously 2 truck can be loaded)

If the cost doubles, the average no. of trucks service doubled too along with the ability of company to send out delivered trucks. So option 2 is better.

3 0
3 years ago
Petrojac is a premier provider of oil field consultancy services in roswell, new mexico. its consultants are experts on local co
ANEK [815]

The answer is <u>"lack of access to cutting-edge technology".</u>


SWOT Analysis is a valuable method for understanding your Strengths and Weaknesses, and for recognizing both the Opportunities open to you and the Threats you confront. Utilized in a business setting, it causes you to cut a feasible specialty in your market.  

Cutting-edge technology alludes to mechanical gadgets, methods or accomplishments that utilize the most present and abnormal state IT improvements; at the end of the day, innovation at the outskirts of learning. Driving and creative IT industry associations are regularly alluded to as "cutting edge."

3 0
3 years ago
An escrow account is:A. always under the jurisdiction of the brokerB. beyond the control of either party to the escrowC. always
AURORKA [14]

Answer: B - beyond the control of either party to the escrow

Explanation: An Escrow account is a legal term used where funds are held in trust whilst two or more parties complete a transaction.

An Escrow is a trusted third party that will be in custody of the funds during the cause of the transaction and will be the one to pay the merchant   after all the escrow agreement are fulfilled.

Escrow account reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied. It apply mainly to real estate transactions.

8 0
3 years ago
4. Noah paid all of his bills and put a bit of money in savings for the month. He has a little bit of money left-over to spend o
Semenov [28]

Answer:

Disposable Income

Explanation:

dis·pos·a·ble in·come

/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/

Learn to pronounce

noun

income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.

"the rents of tenants in work reached 21 percent of disposable income"

6 0
3 years ago
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