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yawa3891 [41]
3 years ago
14

Suppose that a Spotify Premium subscriber downloaded a playlist to their phone but never listened to the songs. They then cancel

led their subscription and were disappointed to find out that their songs were no longer available on their phone. The fact that the consumer could only listen to those songs when actively subscribed to the service demonstrates which characteristic that distinguishes products from goods
Business
1 answer:
Komok [63]3 years ago
6 0

The fact that consumers can only listen to these songs when they have actively subscribed to the Spotify service demonstrates the perishability characteristic that differentiates products from goods.

The services have the following characteristics:

  • Intangibility
  • Inseparability
  • Variability
  • Perishability

Since perishability is a characteristic that guarantees that services cannot be stocked, that is, if they are not used, they cease to exist.

Therefore, when canceling the subscription to the music streaming service, users were no longer able to have the songs downloaded on their phone available, demonstrating the perishability characteristic of the services.

Learn more here:

brainly.com/question/17294560

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On December 31, 2020, Berclair Inc. had 540 million shares of common stock and 4 million shares of 9%, $100 par value cumulative
Allushta [10]

Solution:

Numerator (Basic EPS): Net income = $900 million;

Preferred  dividends = $27 million (9% x $100 = $9/share x 3 million;

Since  the preferred stock is cumulative, the dividend is deducted whether  or not paid)

Denominator (Basic EPS): Weighted average # shares of common stock outstanding

1/1 – 12/31 => 540 x (12/12) =>  540 x 1.05 = 567

3/1 – 12/31 =>  (24) x (10/12) = (20)  x 1.05 = 21

10/1 – 12/31 => 4 x (3/12) = 1

= 567 - 21 - 1 = 547

Weighted average # shares 190

Basic EPS = ( $900 -  $27 ) ÷ $547

                = $873 ÷ $547 = 1.59

4 0
3 years ago
The balance sheet is a financial statement that measures the flow of funds into and out of various accounts over time, while the
ValentinkaMS [17]

Answer:

The given statement is <u>False.</u>

A balance sheet is often described as a "snapshot of a company's financial condition.

7 0
4 years ago
Short term creditors are usually interested in evaluating
LUCKY_DIMON [66]

Answer:

Short-term creditors are most interested in liquidity ratios because they provide the best information on the cash flow of a company and measure its ability to pay its current liabilities or the money a company owes to its creditors.

3 0
2 years ago
On March 14, Zest Co. accepted a 120-day, 6% note in the amount of $5,000 from AZC Co., a customer. On the due date of the note,
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3 years ago
EasyOpen Inc. gained a patent for an electronic corkscrew. Soon the company made a huge profit on this device. Recently, however
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Answer:

<em>2. EasyOpen's patent expired after 20 years</em>

Explanation:

<em>Patent rights last for about a limited period of time, as well as the right to file a lawsuit on other sides for infringement of the patent is centered on that time. </em>

Inventors and other patent proprietors may therefore choose to measure and evaluate their patent's expiry date.

It will mostly rely heavily on the date of filing of your patent application, and also the sort of patent they obtained.

Patents are defined as utility patents, patents on designs or patents on plants.

Patent protection for utility patents, which are the most common type of patent, and which EasyOpen Inc is part of, lasts 20 years after the patent application's filing date.

5 0
4 years ago
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