Answer:
a. $175,000
b. $50,000
Explanation:
a. The computation of the warranty expense is shown below:
= Given percentage × units sold × repair average cost
= 2% × 70,000 units × $125 per unit
= $175,000
b. The computation of the warranty liability is shown below:\
= (Given percentage × Units sold × repair average cost) - (Repaired units × repair average cost)
= (2% × 70,000 units × $125 per unit) - (1,000 units × $125 per unit)
= (2% × $8,750,000) - ($125,000)
= $175,000 - $125,000
= $50,000
The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.
<h3>What is a
product market?</h3>
A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).
This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.
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He would most likely listed his personal residence on the price that is higher compared to the market value.
In general, single people bought real estate for investment purposes (becuase it is less likely they live in the spacious room alone). So, these people tend to listed the price after considering the profit and the comission that will given to the agent.
Answer:
A) Individuals have their personal belief systems.
Explanation:
Sonya and Amber work together in the Hong Kong corporate office.
They had similar backgrounds and education but couldn't agree on whether it is appropriate to offer bribes to Chinese officials for the purpose of expediting business transactions.
This ethical generalization illustrates that individuals have their personal belief systems.
Answer:
All the above.
Explanation:
- Based on the articles the middle-class shrinks P&G high and low are identified by the environmental factors that may impact the development of the firm in the market.
a) Social
: The Social factor in the external environment of the form will be related to the firm showing the product whether it's accepted by the society at large.
b) Cultural
: This aspect will focus on the moral and ethical principles of the company wants to portray.
c) Demographic
: Factors related to the people and their age structures as they are customers users of the products.
d) Economic
: In terms of the revenue maximization and profit motive should target with the appropriate amount.
e) Competitive
: As the markets are highly competitive the demand for the product and the market values will be dependent on the company position of the product.
f) Technological has a larger and integrated role to play.