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Fantom [35]
3 years ago
14

What does the word utilities in business mean?​

Business
2 answers:
spayn [35]3 years ago
8 0

Answer:

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. ... The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service.

IN SIMPLE WORDS:

A utility is an important service such as water, electricity, or gas that is provided for everyone, and that everyone pays for. ... public utilities such as gas, electricity and phones.

<em><u>Please mark as brainliest if answer is right </u></em>

Have a great day, be safe and healthy  

Thank u  

XD  

zvonat [6]3 years ago
3 0

Answer

it means water gas or electricity

Explanation:

Utility has several meanings: In economics, it refers to the value for money that people derive from consuming a product or service. ... Value for money, in this context, means 'pleasure and satisfaction. In the world of business, it means a water, gas, or electricity company.

please give me brainliest

pleaseeee

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Gaulle Company began the year with a balance of $6,000 in Accounts Receivable and ended the year with $9,000 in the account. Rev
Mkey [24]

Answer:

$35,000

Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

Accounts Receivable at the end of the year = $9,000

Revenues for the period = $38,000

Now,

cash collected from the customers

= Beginning balance + Revenue for the year - Ending balance of account receivable

= $6,000 + $38,000 - $9,000

= $35,000

8 0
3 years ago
a process cost system, the cost of completed production in Department A is transferred to Department B by which of the following
oee [108]

Answer:

C. Debit Work in Process—Dept. B; credit Finished Goods—Dept. A

Explanation:

It is known that during continuous production, businesses find it difficult to isolate each individual unit and calculate a cost. Process costing systems accumulate the materials, labor and overhead costs for the period along with the total number of units produced. The total number of units produced includes both completed units and partially completed units. The company determines the percentage of completion for each partially completed unit and adds these amounts to the total number of completed units to determine the equivalent units.

4 0
3 years ago
What types of businesses are needed to make the product and deliver it to the final consumer.
Gnesinka [82]

Answer:

Manufacturing and Merchandising businesses

Explanation:

The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.

On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.

Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.

8 0
2 years ago
Our play ___ has days of sales tied up in receivables, which is much ___ than the industry average. it takes our play
MrMuchimi
The answer to this question is 14.24 ; higher
Currently, the industry standard for this kinda thing is 9.0. This indicated that most of the sales that the play made during the period mostly paid in the form of debt. (usually caused by customers buying the ticket of the play by using their credit cards)
4 0
3 years ago
The primary difference between the capital adequacy ratio (car) and the leverage ratio (lr) is?
Ainat [17]

The capital adequacy ratio (CAR) calculates a bank's available capital as a proportion of its risk-weighted credit exposures. The capital adequacy ratio, is commonly known as the capital-to-risk weighted assets ratio (CRAR). A leverage ratio is any of a number of financial metrics that examine the amount of capital that is borrowed (loans).

Learn more about capital adequacy Ratio (CAR ) And leverage Ratio (LR) here:

brainly.com/question/16993640

#SPJ4

5 0
2 years ago
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