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cluponka [151]
3 years ago
12

How is the value of a product determined?

Business
2 answers:
yKpoI14uk [10]3 years ago
4 0

Answer:

The value of a product is determined by the ratio of its quality to its price. The higher the value of a product, the better will be its competitive position. ... The value of a product is determined by the ratio of its quality to its price. The higher the value of a product, the better will be its competitive position.

anastassius [24]3 years ago
4 0

Answer:

the answer for this one is A By the amount a consumer is willing to pay for it

Explanation:

You might be interested in
On May 1, Year 1, Benz's Sandwich Shop loaned $10,000 to Mark Henry for one year at 6 percent interest.
ankoles [38]

a. Benz's Sandwich Shop interest income for Year 1 is equal to $400.

b. Benz's Sandwich Shop total receivables at December 31, Year 1 is equal to $10,400.

c. The loan receivable will be reported on Benz's Sandwich Shop Statement of Cash Flows under operating activities as an outflow of resources in the amount of $10,000.

d. Benz's Sandwich Shop interest income for Year 2 is equal to $200.

e. The total amount of cash that Benz's Sandwich Shop will collect in Year 2 from Mark Henry is $10,600.

f. On Benz's Year 2 Statement of Cash Flows, the loan and interest will be reported under Operating Activities as inflows in the total amount of $10,600.

g. The total amount of interest that Benz's Shop earned on the loan to Mark Henry is $600 ($10,000 x 6%).

Data and Calculations:

Amount of loan = $10,000

Interest rate = 6%

Months for Year 1 = 8 months (12 - 4)

Interest income for Year 1= $400 ($10,000 x 6% x 8/12)

Loan Receivable = $10,000

Interest Receivable = $400

Total receivable for Year 1 = $10,400 ($10,000 + $400)

Interest Income for Year 2 = $200 ($10,000 x 6% x 4/12)

Total Interest Income = $600 ($10,000 x 6%)

Thus, the interest is the income that Benz's receives for lending $10,000 to Mark Henry for a period of one year at 6%.

Learn more: brainly.com/question/19417091

8 0
3 years ago
Medium:
Sever21 [200]

Answer: 335000

Explanation:

The company's cost of goods available for sale will be calculated as the addition of the begining inventory, the net purchases and the freight. This will be:

= Beginning inventory + Purchases + Freight

= 250000 + 70000 + 15000

= 335000

4 0
2 years ago
At the end of 2016, Sunland Company has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200.
Anton [14]

Answer:

allowance for doubtful accounts 4,245 debit

                     accounts receivables            4,245 credit

--to record write-off of Madonna Inc account--

Explanation:

<em>Prepare the journal entry to record the write-off. </em>

To record the write-off we will decrease both, the allowance and the accounts receivable for the amount we consider uncollectible. Under allowance method the company never uses bad debt expense at write-off it only does at year-end adjustment

4 0
3 years ago
What does inflation mean?
juin [17]
Inflation<span> is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling </span>
8 0
3 years ago
Read 2 more answers
What is the interest rate on a three-year investment with a future value of $1000 and a present value of $863.84?
Nimfa-mama [501]
Use
F=P(1+i)^n

Substituting 
F=1000, P=863.84, n=3
solve for i
1000=863.84^(1+i)^3
solving for i 
=> 
i=(\frac{1000}{863.84})^{\frac{1}{3}}-1
=0.0500

Answer: the annual interest rate is 5%
3 0
3 years ago
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