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lora16 [44]
2 years ago
12

think of some examples of products for which people are willing to pay premium prices. Name one such product and explain why you

think consumers value it so highly.
Business
1 answer:
Fiesta28 [93]2 years ago
4 0
IPhone. People pay a ton for iPhones. I think people pay so much because it’s a computer in ur pocket.
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Windsor, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo
lions [1.4K]

Answer:

Explanation:

The journal entries are shown below:

1. Petty cash A/c Dr $264.2

       To Cash A/c              $264.2

(Being petty cash fund established)

2. Freight - in expense A/c Dr $75

   Supplies expense A/c Dr $40

   Postage expense A/c Dr $48

   Loan to employees A/c Dr $32

   Miscellaneous expense A/c Dr $51

   Cash over and short A/c Dr $2.9

                                            To Cash A/c Dr $248.9         ($264.2 - $15.3)  

(Being disbursement of cash recorded)

3. Petty Cash A/c Dr $115

          To Cash A/c          $115

(Being increase in petty cash recorded)    

5 0
3 years ago
A risk management program must be implemented and periodically monitored to be effective. This step requires the preparation of
Ann [662]

Answer: The ability to see risks that are not predicted and accessing funds from financial institutions

Explanation:

Here are some of the benefits of well-prepared risk management policy statement;

1) The ability to see risks that are not expected; a team of experts would be engaged to identify and give an overview of all forms of risk that could be possibly involved.

2) The organization attracts credit easily; Organisations attract credit from financial institutions when they are able to provide assessments that they carried out regarding risks. This gives the client's confidence that they can entrust their finance to the organization due to the firm have considered all forms of pending failures and that which would occur.

6 0
3 years ago
The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag
Sergeeva-Olga [200]

Answer:

Equilibrium is the point of the interaction between the demand and supply curves.

The given graph given from the question is attached below (Image 1-2)

The solution is attached in image 3-4

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3 years ago
Usually, the human resources department administers a(n) ____ program to introduce new employees to the organization.
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<span>Usually, the human resources department administers an orientation program to introduce new employees to the organization.</span>
The orientation program focuses on orienting new employees to their workplaces and their jobs and help in the retention of employees<span> but also in the increases in employee productivity. </span>
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4 years ago
Suppose that 50 units of a good are demanded at a price of $1 per unit. a reduction in price to $ 0.20 results in an increase in
Irina-Kira [14]
Increase in quantity demanded discount price value
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