Answer:
The Expected Earning for the college graduates is 40,000
Explanation:
The Expected Earning for a college alum with a four year college education in financial matters is determined as weighted normal all things considered, utilizing likelihood of every result as its weight.
Although the Expected Earning is;
Expected Earning = (25% × 30,000) + (50% × 40,000) + (25% × 50,000)
Expected Earning = 0.25 × 30,000 + 0.5 × 40,000 + 0.25 × 50,000
Expected Earning = 7500 + 20,000 + 12,500
Expected Earning = 40,000
Answer:
The answer is "b" - Customization
Explanation:
<u>Product Customization</u> is a process of delivering customized goods and services to the customers as per their needs and desire. Customers can either approach a merchant to make certain customizations in a product or personalize the products themselves, exactly the way they want.
It is also known as product personalisation. This is evident in the given situation, as Lilly Ann can customize the cage according to her own preferences.
<u>Standardization</u>
- Product standardization refers to the process of maintaining uniformity and consistency among the different iterations of a particular good or service that are available in different markets.
- It is a process of marketing a good or service without making any changes to it
- Standardization would be correct, if they brand offers the cage without any changes.
<u>Mass customization:</u>
- Mass customization is a marketing and manufacturing technique which combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.
- Other names for mass customization include made-to-order or built-to-order.
<u>Mass production:</u>
- Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automation technology.
- Mass production facilitates the efficient production of a large number of similar products.
<u>Modular design:</u>
- Modular design is a design approach that creates things out of independent parts with standard interfaces.
- This allows designs to be customized, upgraded, repaired and for parts to be reused.
Answer:
Ellison Company should recognize compensation expense on its books in the amount of $600
Explanation:
Solution
The transaction in the books of Ellison Company during the period of July 1st 2010 to December 31st 2010
On July 1st the share value was $30 *400 = 12000
On October 1st 2010 sold at $ 36 * 400 = 14400
The gain on this transaction was = $2,400
31st July 2010, less compensation expenses =$ 1,800
The fair vale to be recorded as a gain = $ 600
Answer:
A) a person who forms and operates a business
Explanation:
An entrepreneur is a person who forms and operates a business. An entrepreneur is one of the factors of production. Other factors include land, labour and capital.
An entrepreneur takes up the financial risk of a business.
An entrepreneur earns profit or loss.
A shareholder is a person who invests in an existing business
A bondholder is a person who lends capital to a new business
I hope my answer helps you.
Answer:
The answer is 235 days
Explanation:
Average collection period can also be called Days' outstanding period. And it is the number of days it takes a business to collect its money or receivables from the goods or services sold on credit.
Days' reveivables period or Average collection period = 365 days / reveivables turnover.
Receivables turnover = Sales/ average receivable
$9,800/$6,333
= 1.55
Average collection period=
365 days/1.55
=235 days
