The statement "Customer needs and interests are becoming more dissimilar" is one of the Theodore Levitt assumptions supporting a pure global strategy. So the option B is correct.
One of Theodore Levit's premises supporting a pure global strategy is that customer wants and interests are diverging more and more. This assumption states that customers' needs and interests around the world are becoming more distinct, with different markets having different wants and needs.
This means that businesses must tailor their products and services to different markets in order to succeed. This means researching the target market, understanding their wants and needs, and creating products and services that are tailored to meet them. So the option B is correct.
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The complete question is:
Which one of the following is one of the Theodore Levitt assumptions supporting a pure global strategy?
multiple choice
A. consumers are willing to pay more for specific product features.
B. customer needs and interests are becoming more dissimilar.
C. if the world markets are treated as heterogeneous, substantial economies of scale are easily achieved.
D. multinational companies can successfully compete globally by aggressively pricing products and sacrificing features.
Business; an organization that uses resources to produce a product is known as a ?
O Private Company
O Shop
O Firm
O Enterprise
Answer:
Firm
Explanation:
Calculate the unpaid balance, finance charge, and new balance using the unpaid balance method. Note: interest rate is given as a monthly rate. Previous balance = $410. 22 Payments/credits = $160. 00 Unpaid balance = $ Monthly rate = 1. 25% Finance charge = $ New purchases = $95. 25 New balance = $.
The answers are Unpaid balance = $250.00, Finance charge = $3.13, and New balance = $348.13.
According to the information provided, the previous balance is $410.22, and there are payments/credits of $160.00. The unpaid balance is the previous balance minus the payments/credits, which results in an unpaid balance of $250.22. The monthly interest rate is given as 1.25%. To calculate the finance charge, we multiply the unpaid balance by the monthly interest rate, which yields a finance charge of $3.13. Additionally, there are new purchases of $95.25. To determine the new balance, we add the unpaid balance, finance charge, and new purchases, resulting in a new balance of $348.60.
In summary, the unpaid balance method calculates the finance charge and new balance based on the previous balance, payments/credits, unpaid balance, monthly interest rate, and new purchases. The previous balance of $410.22 minus payments/credits of $160.00 gives an unpaid balance of $250.22. The finance charge is determined by multiplying the unpaid balance ($250.22) by the monthly interest rate (1.25%), resulting in a finance charge of $3.13. Adding the unpaid balance, finance charge, and new purchases of $95.25 gives the new balance of $348.60.
The unpaid balance method is commonly used in credit card statements to calculate the finance charge and determine the new balance. It considers the previous balance, payments/credits, and new purchases. First, the unpaid balance is calculated by subtracting the payments/credits from the previous balance. Then, the finance charge is determined by multiplying the unpaid balance by the monthly interest rate. Finally, the new balance is obtained by adding the unpaid balance, finance charge, and new purchases. This method provides a clear breakdown of how the finance charge is applied and allows for tracking changes in the balance over time.
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how can person identify whether a company is private company or public company
Answer:
The overview of that same problem is defined throughout the explanation segment below.
Explanation:
My understanding would be that privately owned businesses will happily inform anyone who queries. Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.
Bart graduated college with $40,000 in student loan and credit card debt and is extremely worried about how he’ll pay it back. His best friend Miguel has the same exact debt and isn’t worried at all. What could explain why these two people have different levels of concern about the same situation??
There could be a number of reasons for the different level of concerns of the two people some of those are described below,
-Miguel might have a job offer
-Miguel's parents might will to pay off the debt
-Miguel may be holding an asset that is worth similar to his debt
What is debt?Debt is the amount that is overdue on a person, the debt needs to be paid on the terms deciding when taking debt. Loan is another name for debt, there could be different concerns for different individuals as everyone has a different level of financial assets.
Student loan is common for college graduates, the amount of loan is $40,000 for Bart and Miguel, but Miguel is not much worried about repayment of the loan, the reason could be that the repayment date is not near.
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There are four steps in solving one’s personal financial challenges: 1. considering opportunity costs 2. assessing risks and returns 3. setting short- and long-term goals 4. assessing needs and wants Which of these is the correct order of these steps? 2, 1, 3, 4 1, 2, 3, 4 4, 1, 2, 3 4, 2, 3, 1 Mark this
The correct order of the steps in solving one's personal financial challenges is 4, 2, 3, 1.
Assessing needs and wants: The first step involves evaluating your financial needs and wants. It is essential to differentiate between essential expenses (needs) and non-essential expenses (wants). This step helps in gaining clarity about your priorities and understanding where your money should be allocated.
Assessing risks and returns: Once you have identified your needs and wants, the next step is to assess the risks and returns associated with different financial decisions.
This involves evaluating potential investments, analyzing their risk levels, and considering the potential returns they can generate. Understanding the risk-return trade-off helps in making informed decisions and managing financial challenges effectively.
Setting short- and long-term goals: After assessing risks and returns, it is crucial to establish both short-term and long-term financial goals. Short-term goals may include creating an emergency fund, paying off debts, or saving for a specific purchase.
Long-term goals may involve retirement planning, saving for education, or building wealth. Setting clear and measurable goals provides a roadmap for managing personal finances and allows for tracking progress over time.
Considering opportunity costs: The final step is considering opportunity costs, which refers to the trade-offs associated with financial decisions. Every financial choice involves sacrificing one option in favor of another.
It is important to evaluate the potential benefits and drawbacks of each decision and consider the opportunity cost of choosing one option over another. This helps in making informed choices that align with your financial goals and priorities.
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Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
I would say D because it sounds more reasonable for me
Can someone please fill out this chart for accounting 1. will give brainliest and 100 points
Answer:
Sadly, I cannot answer, bacuase you are not showing us what is supposed to be filled out, nor any choices to fil it out with. If you were to give us the questions typed out, I’d be happy to answer!
On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware. Technological feasibility was established on February 28, 2022, and the program was available for release on April 30, 2022. Development costs were incurred as follows: September 30 through December 31, 2021 $ 2,200,000
January 1 through February 28, 2022 800,000
March 1 through April 30, 2022 400,000
Athens expects a useful life of four years for the software and total revenues of $5,000,000 during that time. During 2022, revenue of $1,000,000 was recognized.
Required:
Prepare a journal entry in each year to record development costs for 2021 and 2022.
The journal entries to record the development costs for the software program in 2021 and 2022 are as follows:
In 2021:
Debit: Development Costs (asset account) - $2,200,000
Credit: Cash - $2,200,000
In 2022:
Debit: Development Costs (asset account) - $1,200,000
Credit: Cash - $1,200,000
The development costs for the software program are recorded as an asset on the balance sheet until the program is available for release. Once the technological feasibility is established, the costs can be capitalized and recorded as an intangible asset.
In 2021, from September 30 to December 31, Athens Software incurs development costs of $2,200,000. To record this expense, we debit the Development Costs asset account and credit the Cash account for the same amount, indicating the cash outflow.
In 2022, from January 1 to February 28, Athens incurs additional development costs of $800,000, and from March 1 to April 30, incurs $400,000. However, since technological feasibility was established on February 28 and the software was available for release on April 30, only the costs incurred after February 28, totaling $1,200,000, can be capitalized. Similar to the previous entry, we debit the Development Costs asset account and credit the Cash account for $1,200,000.
It's important to note that no revenue is recorded in the journal entries for development costs. Revenue recognition occurs separately and is based on the company's estimates of total revenues from the software program over its useful life.
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Fiber optics have been "too good for their own good," fueling an over-reliance on (wireless) cloud computing that now requires integrated photonics to relieve the increasing demands society makes of the technology. Can you think of another example where such a back-and-forth between a technology's capability and society's response has guided its evolution?
Answer:
Cell phones
Explanation:
If we go back a few years in time, a little over 30 years actually, cell phones were not smart and you could only talk with them. Actually, they were so big and heavy, that you could use them as hammers also. Motorola's first cell phone was as big as a shoe box and weighted around 2.5 pounds. Back then cell phones were expensive and very few people used them.
Fast forward a few years and smaller cell phones appear and 2G technology arrives. You could use a cell phone to call or message someone else. As cell phones got cheaper, more and more people started to use them and companies like AT&T started to collapse and you couldn't get a decent signal anywhere.
But cell phones would continue to improve and 3G was developed in order to satisfy the growing number of consumers. AT&Ts signal was still terrible. Blackberry came and phones started to get smarter. But as cell phones got smarter, more people wanted them. Then came Steve Jobs with the iPhone and demand grew so much that all the companies' systems collapsed (now all were as bad as AT&T).
That led to the introduction of 4G technology, but even before 4G technology is available everywhere, 5G technology has been developed. Finally, 5G technology is available in all the US (this year AT&T managed to do so, although Verizon did it earlier). But in other countries, 5G technology is already becoming obsolete and 6G is soon to be the standard.
Our everyday use of smart devices has forced technological advances to speed up. It took about 15 years for 2G to arrive, and then it took about 10 for 3G to be available. But in less than 15 years other countries have gone from 3G to 6G (China has already launched its 6G satellites which will start providing that technology).
In Texas, proof of financial responsibility can be demonstrated by depositing $60,000 in cash or securities with the state comptroller.
true In Texas, proof of financial responsibility can be demonstrated by depositing $60,000 in cash or securities with the state comptroller
What is cash?Cash is money in the physical form of currency, such as banknotes and coins, in economics. Cash is a current asset in bookkeeping and financial accounting that consists of currency or currency equivalents that can be accessed immediately or nearly immediately.
Cash (currency or coins) is legal tender that can be used to exchange goods, debt, or services. It may also include the value of assets that can be quickly converted into cash, as reported by a company.
Cash is currency money, which includes all bills, coins, and currency notes. A demand deposit is a type of account that allows funds to be withdrawn at any time without notifying the institution. Checking and savings accounts are examples of demand deposit accounts.
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1. Explaining Why does a natural disaster (drought, flood) in an agricultural
region almost always result in higher prices for commodities and consumer
goods?
How does population growth affect poverty and unemployment? Do
you think a significant increase in population should increase the
demand in other areas, resulting in increased employment
opportunities
Population growth has an effect on poverty and unemployment in different ways. This is because the rate at which a population increases is directly proportional to the employment opportunities that arise as a result. When a population grows, it puts more pressure on the available resources.
Here are a few ways in which population growth affects poverty and unemployment:
Population growth results in a high rate of poverty-When the population grows, more people are born, which means that there is a high demand for food, shelter, and clothing. This puts more pressure on the resources that are already scarce, leading to increased prices. This means that the poor people will have a hard time affording basic necessities, leading to a high poverty rate. This is a scenario that occurs mostly in developing countries.
Population growth results in increased unemployment rates-As the population grows, the demand for job opportunities increases. However, the job market may not be able to accommodate all the job seekers, resulting in high unemployment rates. The result is that there are more people than there are job opportunities, leading to high levels of unemployment.
Do you think a significant increase in population should increase the demand in other areas, resulting in increased employment opportunities? When a significant increase in population occurs, there is usually an increased demand for different products and services. This creates new opportunities for people to develop businesses and invest in different sectors of the economy. As a result, more jobs are created, leading to increased employment opportunities. However, this is not always the case, as some businesses may opt for automation rather than hiring new staff.
Therefore, the rate at which employment opportunities are created depends on the specific market and the type of population growth that occurs.
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Review your abilities to speak to your co-workers about theft.
Is theft only stealing money? Can it be taking other things? How
will you handle the issue of theft as a medical office
assistant?
Theft is not limited to stealing money; it can involve taking other things as well. As a medical office assistant, to handle the issue of theft, it is important to be vigilant and proactive.
This can include promoting a culture of honesty and integrity within the workplace, implementing security measures such as surveillance cameras and access controls, reporting any suspicious activity to the appropriate authorities, and cooperating with investigations. It is also crucial to maintain confidentiality and follow proper protocols when handling sensitive information. By addressing theft promptly and responsibly, a medical office assistant can contribute to a safe and trustworthy work environment.
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what is meant by the phrase 'external costs of production'
External costs of production, also known as externalities, refer to the indirect costs that are incurred as a result of producing goods and services but are not reflected in the market price.
These costs are imposed on individuals or society as a whole and are not accounted for by the producers or consumers of the goods and services. Externalities can be negative or positive and can arise from a variety of sources, such as pollution, congestion, noise, or benefits to others. Externalities are often considered to be market failures because they can result in inefficient outcomes and distortions in resource allocation.
Therefore, external costs of production, also known as externalities, refer to the indirect costs that are incurred as a result of producing goods and services but are not reflected in the market price.
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when a firm produces a large quantity of a product, the cost of producing each individual unit usually goes down. this is known as . group of answer choices discrepancies of quantity exchange efficiency economies of scale macro-marketing discrepancies of assortment
The firm's production cost of producing an individual unit usually goes down as it increases the quantity of a product produced. This phenomenon is referred to as economies of scale.
Economies of scale refers to the cost advantages gained when production increases in size. For instance, the cost per unit of production will decrease as the level of production increases. Companies that experience economies of scale benefit from a reduction in their per-unit production costs, which can result in an increase in profitability.
In other words, economies of scale represent the operational efficiencies that come with increased production, which ultimately leads to a reduction in cost per unit.
When a company produces a large quantity of a product, the cost of producing each individual unit usually goes down. This phenomenon is known as economies of scale. The higher the quantity produced, the lower the per-unit cost of production. Companies that experience economies of scale benefit from a reduction in their per-unit production costs, which can result in an increase in profitability.
Economies of scale refer to the cost advantages gained when production increases in size. For instance, the cost per unit of production will decrease as the level of production increases. Companies that experience economies of scale benefit from a reduction in their per-unit production costs, which can result in an increase in profitability.
In other words, economies of scale represent the operational efficiencies that come with increased production, which ultimately leads to a reduction in cost per unit. This is due to the fact that businesses can spread their fixed costs over a larger number of units when they produce more products. It implies that the cost of producing a unit of a product decreases as production increases, hence, the firm is more productive and profitable. Economies of scale are essential for business growth and can have a significant impact on a company's competitive advantage in the market.
When a firm produces a large quantity of a product, it can achieve economies of scale, which will lead to a decrease in the cost of producing each individual unit. This phenomenon is important for business growth and competitiveness in the market.
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X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires
Answer:
Y : Z = 3 : 1
Explanation:
Given:
X's share = 2/3
Y's share = 1/4
Z's share = 1/12
Find:
New ratio, when X retires
Computation:
X retires , So remain partners are 'Y' and 'Z'
Y's share = 1/4
Z's share = 1/12
Y : Z = 1/4 : 1/12
By taking LCM:
Y : Z = 3/12 : 1/12
Y : Z = 3 : 1
Briefly discuss the process for buying a house. What all does it
involve?
Buying a house is an involved process, with many steps that must be taken. Below are the steps that are involved in buying a house:Step 1: Determine your Budget and Requirements
Before beginning the home-buying process, you should determine your budget and requirements. Consider what you can afford and what you want in a home, such as the number of bedrooms and bathrooms, the size of the yard, and so on.Step 2: Choose a RealtorOnce you have determined your budget and requirements, choose a realtor to help you find a home that meets your needs and budget.Step 3: View Properties with Your RealtorYour realtor will help you find homes that match your requirements and budget. You will then view the homes to find the right one.Step 4: Make an OfferOnce you find the right home, your realtor will help you make an offer on the property.Step 5: Get a Home InspectionBefore purchasing the home, it is essential to get a home inspection to determine the condition of the property. If there are any issues, the inspection will help you negotiate a lower price or repairs.Step 6: Secure FinancingIf you require financing to purchase the property, you will need to secure a loan.Step 7: Close the SaleOnce you have completed the home inspection, secured financing, and everything is in order, you can close the sale and move into your new home.
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which of the following will help to prevent bank runs
Measures to prevent bank runs include deposit insurance, prudential regulations, central banks acting as lenders of last resort, and effective communication and transparency from banks.
Bank runs can have severe consequences for both individual depositors and the overall stability of the banking system. To prevent bank runs, several measures have been implemented:
deposit insurance: One effective measure is the establishment of deposit insurance. Deposit insurance guarantees that depositors will be reimbursed up to a certain amount if a bank fails. This provides confidence to depositors and reduces the likelihood of a bank run.prudential regulations: Prudential regulations require banks to maintain a certain level of capital and liquidity. These regulations ensure that banks have enough resources to meet their obligations and reduce the risk of insolvency. By maintaining financial stability, prudential regulations help prevent bank runs.central bank as lender of last resort: Central banks act as lenders of last resort, providing emergency liquidity to banks in times of crisis. This ensures that banks have access to funds even during periods of financial stress, reducing the likelihood of bank runs.effective communication and transparency: Banks can also prevent bank runs by maintaining effective communication and transparency with their depositors. By providing clear and accurate information about their financial health and stability, banks can build trust and confidence among depositors, reducing the likelihood of a bank run.Learn more:About prevent bank runs here:
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Maximum profit can occur when marginal profit is zero. True O False
The statement "Maximum profit can occur when marginal profit is zero" is not entirely true. The correct answer is False.
What is Marginal profit?Marginal profit refers to the additional profit a company generates by producing one more unit of a product or providing one more service. Marginal profit is zero when the total cost of producing an additional unit of a product equals the total revenue earned from selling that unit of the product. The additional benefit that a company would get from producing one more unit would be equal to the additional cost of producing one more unit. Hence, the profit would not increase or decrease.
At that stage, the company is operating at the highest point of its production efficiency and producing beyond this point would result in decreasing profits. Therefore, at this point, the firm has reached its optimal capacity.
The maximum profit is obtained when the marginal cost is equal to marginal revenue. Therefore, the statement "Maximum profit can occur when marginal profit is zero" is not entirely true.
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Which is NOT something you should look for in a savings account?
a) Low (or no) monthly fee
b) Rewards for using your debit card
c) Free online banking
d) Competitive interest rate
Answer:
b) Rewards for using your debit card
Explanation:
If it’s a saving account why would I using my debit?
thinking globally is a competitive imperative for most companies nowadays.True or False
The given statement "Thinking globally is a competitive imperative for most companies nowadays" is true because In today's interconnected world, businesses must consider the global market to stay competitive and successful. There are several reasons why global thinking is crucial for companies.
Firstly, expanding into international markets allows companies to tap into new customer bases, increasing their potential for growth and revenue generation. By understanding and catering to diverse customer needs, companies can broaden their product or service offerings, fostering innovation and development.
Secondly, global competition is more intense than ever before. Companies that fail to adapt to the increasingly global business environment risk being outpaced by their competitors who can capitalize on international opportunities. This includes not only large multinational corporations but also small and medium-sized enterprises, as technology has reduced the barriers to entry for businesses worldwide.
Thirdly, a global mindset enables companies to access resources and talent from across the world. By leveraging diverse perspectives, skills, and expertise, businesses can improve their overall efficiency and effectiveness. Moreover, a diverse workforce brings fresh ideas and cultural awareness, enabling companies to be more agile and adaptable to market changes.
Lastly, companies with a global perspective are better positioned to manage risks and challenges that arise from geopolitical, economic, or environmental factors. By operating in multiple markets, companies can diversify their risk exposure and respond more effectively to unforeseen events or crises.
In conclusion, thinking globally is a competitive imperative for most companies as it allows them to access new markets, customers, and resources, and helps them navigate the complexities of the ever-evolving business landscape. Embracing a global mindset is essential for companies to remain competitive and achieve long-term success.
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An investor invests 30% of his wealth in a risky asset with an expected rate of return of 12% and a variance of 5% and 70% in a Treasury bill that pays 0.3%. Her portfolio's expected rate of return and standard deviation are __________ and __________ respectively.
The expected rate of return (R) and standard deviation (σ) of the portfolio is to be determined.
Using the given information, the portfolio's expected rate of return can be calculated as:R = (0.30 × 12%) + (0.70 × 0.3%)R = 3.6% + 0.21%R = 3.81%
The portfolio's expected rate of return is 3.81%.
Now, to calculate the standard deviation of the portfolio,
we need to use the formula:σ = (w₁²σ₁² + w₂²σ₂² + 2w₁w₂σ₁σ₂)^(1/2)where w₁ and w₂ are the weights of risky and risk-free assets, respectively, and σ₁² and σ₂² are the variances of risky and risk-free assets, respectively.σ₁ is the square root of the variance of the risky asset.
Therefore,σ₁ = √5%σ₁ = 2.236%Substituting the given values,σ = (0.30²(2.236%)² + 0.70²(0%)² + 2(0.30)(0.70)(2.236%)(0.3%))^(1/2)σ = (0.02004% + 0% + 0.00811%)^(1/2)σ = 0.0311%
The standard deviation of the portfolio is 0.0311%.
Thus, the portfolio's expected rate of return and standard deviation are 3.81% and 0.0311%, respectively.
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Companies that use job-sharing plans sometimes must _____ fringe benefits.
Companies that use job-sharing plans sometimes must prorate fringe benefits.
When two or more employees share a full-time job, their hours and pay are divided based on the percentage of time each works. Since they are not working full-time, they may not be eligible for the same level of fringe benefits as full-time employees. Therefore, companies may need to prorate their fringe benefits, such as health insurance, vacation time, and retirement benefits, based on the number of hours each employee works. This ensures that each employee receives a fair share of benefits proportional to their work hours.
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please answer all requirements and follow any rounding or whole
number instructions
Antler Corporation manufactures a sophisticated controller that is compatible with a variety of gaming consoles. Click the icon to view manufacturing and rework information) In August 2020, Antler man
To account for both normal and abnormal rework, journal entries need to be prepared. The first journal entry records the cost of the normal reworked units, while the second journal entry records the cost of the abnormal reworked units.
1. Journal Entry for Normal Reworked Units:
Debit: Work-in-Process Inventory - Normal Rework ($10,800)
Credit: Manufacturing Overhead ($4,800)
Credit: Direct Materials Inventory ($3,600)
Credit: Direct Manufacturing Labor ($2,400)
This journal entry reflects the cost of reworking the 60 units that required normal rework. The cost breakdown includes manufacturing overhead, direct materials, and direct manufacturing labor.
2. Journal Entry for Abnormal Reworked Units:
Debit: Rework Expense - Abnormal ($1,224)
Credit: Manufacturing Overhead ($504)
Credit: Direct Materials Inventory ($432)
Credit: Direct Manufacturing Labor ($288)
This journal entry accounts for the cost of reworking the 18 units that required abnormal rework. It includes the expense incurred for abnormal rework, along with the allocation of manufacturing overhead, direct materials, and direct manufacturing labor.
These journal entries allow Antler Corporation to properly account for the costs associated with both normal and abnormal rework, ensuring accurate financial records and cost allocation.
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Jessica has just opened a shoe store. To operate her business, she orders her
shoes from a company. That company receives the shoes from a local
designer. What role does Jessica play in the distribution channel?
A. Jessica is a producer.
оо
B. Jessica is a wholesaler.
C. Jessica is a retailer.
O
D. Jessica is a storage provider.
Answer:
The answer is C
Explanation: Brainiest Would help! :D
Answer:
Answer: C Jessica is a retailer
Explanation:
RETAILERS are responsible for making goods convenient for consumers
to buy.
If you own a business that purchases other people's merchandise and sells
it in your shop you are known as a RETAILER.
A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use
A. remainder
B. license
C. easement
D. reversion
What does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
Basically, a license does authorize the use or performance of a task, activity etc.
License are issued to a qualified person to perform certain task, work or activities which are deemed legal.
For instance, when a medical license is issued to a medical practitioner, it does not give exclusive right but its allows the him/her to perform medical duties legally for some period of time.
In conclusion, the Option B is correct because License does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
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What percent of adults, nationally, were current on all credit payments in the last year?.
78% of adults, nationally, were current on all credit payments in the last year.
What do you mean by credit card?A credit card typically functions as a replacement for cash or a cheque and typically offers an unsecured revolving line of credit. Depending on the conditions outlined in the cardholder agreement, the borrower is expected to pay at least a portion of the card's outstanding balance each billing cycle.
What is the difference between cerdit card and debit card?When you use a debit card to make a purchase, the money is nearly instantly deducted from your checking account to cover the cost of your purchase. When you use a credit card, the purchase will be added to your available credit, which means you will pay the bill later and have more time to pay.
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If the marginal benefit of the first donut is 30, the marginal benefit of the second donut is 15, and the marginal benefit of the third donut is 10,
what is the total benefit from eating 2 donuts?
Answer:
45
Explanation:
Marginal benefit is the additional satisfaction gained from consuming an additional unit of the good. It refers to the advantage associated with the consumption of one more unit of a product. The total benefit is total satisfaction derived from the consumption of goods and services.
The total benefit of consuming two doughnuts is the sum of consuming the first two doughnuts.
= 30 +45
=45
 Complete the following statements regarding the residence, age and support tests for a qualifying child as a dependent Residence Test: A qualifying child must live with the taxpayer for --- year. For this purpose, temporary absences are ___. Age Test: A qualifying child must be under age ___ or under age___ in the case of a full-time student. An individual ____ be older than the taxpayer claiming him or her as a qualifying child Support Test: To be a qualifying child, the individual must not provide more than ___ who is a full-time student, scholarships ⼠of his or her own support. In the case of a child considered to be support
Following the dissolution of a marriage or other comparable partnership, child support (sometimes known as child maintenance) is a continuous, periodic payment given by a parent for the financial benefit of a child (or parent, carer, or guardian).
Children of a relationship that has ended, or in certain situations never existed, are supported and cared for through direct or indirect payments as child support from an obligee to an obligee. The debtor is frequently a non-custodial parent. The obligee is often a guardian, carer, or parent with primary custody.
1. Residence Test: A eligible child must spend more than half of the year living with the taxpayer. Temporary absences are ignored for this reason.
2. Age Requirement: To be eligible, a child must be younger than 19 or, in the case of a full-time student, younger than 24. Any person claiming to be a qualifying kid cannot be older than the taxpayer making the claim.
3. Support Test: To be considered a qualified child, the person must not offer more than one-half of his or her own support if they are full-time students. Scholarships are not regarded as help in the event of a child who is a full-time student.
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increases in assets and owner’s equity as a result of selling services or products to customers is called revenue
Yes, increase in assets and owner's equity as a result of selling services or products to customer is called revenue.
Revenue is the money earned from normal business operations and is calculated by multiplying the average sales price by the number of units sold. Net income is calculated by subtracting costs from the top line (or gross income). On the income statement, revenue is also known as sales.
Revenue (from the sale of goods or services) less operating expenses equals operating income.Non-operating income is income derived from secondary sources that is infrequent or nonrecurring (e.g., lawsuit proceeds).Non-commercial entities such as governments, nonprofits, and individuals also report revenue, though the calculations and sources vary.Revenue is simply the proceeds of sales, whereas income or profit includes the expenses incurred in order to generate revenue and reports net (not gross) earnings.Learn more about revenue here:
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