A service business is less subject to price competition than a product business. True
or False?
Select one:
O True
O False
Answers
Answer: True
Explanation:
Related Questions
When costs to purchase inventory are rising, using LIFO leads to reporting ______ cost of goods sold and ______ net income than FIFO.
Answers
When costs to purchase inventory are rising, using LIFO leads to reporting lower cost of goods sold and higher net income than FIFO.
LIFO and FIFOLIFO means last in last out while FIFO represent first in first out. In a situation were price of goods and service are falling using LIFO tend to assume that the newer and less expensive inventory is sold out first.
This tend to lead to lower cost of goods sold and higher net income.
Inconclusion when costs to purchase inventory are rising, using LIFO leads to reporting lower cost of goods sold and higher net income than FIFO.
Learn more about LIFO and FIFO here:https://brainly.com/question/24938626
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is Group of answer choices less than 0. between zero and 1. between one and infinity. undefined.
Answers
Answer:
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is a. less than 0.
Explanation:
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is a. less than 0.
Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from gertie at a $5\%$ simple daily interest. in how many days will darren and fergie owe the same amounts, assuming that they will not make any repayments in that time period?
Answers
Answer:
20
Explanation:
start doing math
In 20 days Darren and Fergie owe the same amounts.
What is simple interest?simple interest is primarily based on the primary quantity of a or the primary deposit in a savings account. simple interest does not compound, which means that a creditor will best pay interest on the main amount and a borrower could by no means pay extra interest at the previously gathered interest.calculation:-
10% is on $100 is = $10
5% SI on $150 = $7.5
Learn more about simple interests here:-https://brainly.com/question/2294792
#SPJ2
Describe two places where you have seen dimensioned drawings. explain why the dimensions were needed for both situations.
Answers
Answer:
house plans and building a car
Explanation:
Your younger cousin Mary is a rising senior in high school this year and has been researching the cost of attendance at several colleges. She emails you because she knows that you have just learned about paying for college and she has some serious concerns. Here are some excerpts from her email: --Despite her strong academic performance in high school and her interest in pursuing a career in chemical engineering, Mary reveals, “I’m starting to think that college just isn’t worth it. I don’t see how a college degree is going to help me in the future if it costs so much. Aren’t I better off just going straight into a job with my high school degree and saving my money?” --“I’ve been looking at the published costs of attendance on college websites, and they’re insanely high! There’s no way my family and I can afford such prices.” --“I know financial aid is available for students, but I don’t know what types there are, let alone how to apply for financial aid. Even if I knew how to apply, should I apply? I don’t think I’ll qualify and I don’t want to put in all that work for nothing.” --“I know that I have to start paying my loans right after I graduate college. But what if I don’t have a job by that time? And what if I can’t afford my monthly payments? I don’t want to take that risk.” You recognize that Mary has a few misconceptions and gaps in knowledge about how to pay for college and want to make sure that she makes a decision based on the right information. In 4-5 paragraphs, respond to Mary about each of her concerns.
Answers
Please note that the type of letter described above is an informal Letter. This is because there is an existing relationship with the recipient of the letter.
How do you write an Informal Letter?An informal letter should:
have your address on the top right cornerhave the date of the letter underneath your addressstart with a salutation such as "Hello Mary"have an introduction that is may or may not be personal. But preferably personal since you know Mary personally. For example, "It's been a while, Mary, I trust this meets you and yours well."have a body that is clear, and specific. Remember your intention is to narrate your experience. Use short sentences.have a great closing. You may use "Best" or "Warmest regards", or "Best wishes" since this is an informal letter.The last item should be your name and your signature. Your signature should come before your name.
See the link below for more about Informal Letters:
https://brainly.com/question/26359213
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 6.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows:
August 23,000 units
September 21,700 units
October 23,100 units
November 24,300 units
December 24,000 units
The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,200 kilograms of Jurislon were on hand. The cost of Jurislon is $22 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months.
The total cost of Jurislon to be purchased in August is:_______.
Answers
Assuming the company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:$3,663,220.
Total costUsing this formula
Total cost=(Desired ending inventory+ Required for production-Ending inventory)×Rate per kilogram
Total cost=[(21,700×6.5×20%)+(23,000×6.5)-11,200]×$22 per kilogram
Total cost=(28,210+149,500-11,200)×$22 per kilogram
Total cost=166,510×$22 per kilogram
Total cost=$3,663,220
Inconclusion the total cost of Jurislon to be purchased in August is:$3,663,220.
Learn more about Total cost here:https://brainly.com/question/25109150
What are marketing information systems?
Answers
Answer:
A marketing information system, or an MIS, is a system for gathering, storing, analyzing and distributing valuable marketing data to help marketers make better decisions
5. Keisha is renting a one-bedroom apartment but allows her best friend to
move in and pay $200 per month to sleep on the couch for the summer
while she is between jobs. The apartment is burglarized one afternoon
when they are both out, and the thief steals both of their laptops, Keisha's
TV, and her best friend's wireless headphones. What will the insurance
company cover?
*
Answers
The renter insurance policy will cover:
Keisha’s laptop and TV10% of the cost of her friend’s laptop and headphonesWhat is a renters insurance?This is an insurance policy that covers losses to personal property and protects the insured from liability claim.
Hence, these insurance policy will provide for compensation for Keisha because she is the property owner and partial (i.e. 10%) coverage for loss of visitors property/
In conclusion, the renter insurance policy will cover Keisha’s laptop and TV and 10% of the cost of her friend’s laptop and headphones
Note: The renters insurance is effected.
Read more about renters insurance
brainly.com/question/26159044
Why did the oil industry damage texas environment in its early years.
Answers
Answer:
water, air, and land was destroyed in the quest of money.
Explanation:
References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents please select the best answer from the choices provided a b c d
Answers
Counselors are one of the references that employers trust for the most accurate reports. As a result, option (c) is the proper response.
Which are considered the most-trusted references by the employer?Counselors are one of the references that employers trust for the most accurate reports.
Employers do not trust the friends, relatives, and parents of prospective employees or employees to provide an accurate report because they believe they are not professional enough and that because of their proximity to the employee, they may provide false information in order to benefit the employee.
Employers view counselors as more professional and more likely to provide accurate information.
For more information about employer references, refer below
https://brainly.com/question/18504651
Patrick believes that it is his responsibility to speak on behalf of his team during meetings. However, Patrick's team members have not elected him to be their leader or spokesperson and feel that he is hindering them from expressing their opinions. This work team is most likely experiencing _____
Answers
In this case, the team is experiencing a minority domination which make them to choose not to elect patrick to be their leader since they felt he will hinder them from expressing their opinions.
What is a minority domination?A minority domination means a situation where a few members of a group dominate the team discussions.
In conclusion, because of the minority domination present in the team, these made them not to elect patrick to be their leader since they felt he will hinder them from expressing their opinions.
Read more about minority domination
brainly.com/question/4117911
Please answer it is due in a hour please help
I will sure mark you as brainliest
Answers
Answer:
1.costs that do not change when sales or production volumes increase or decrease
2.Variable costs are costs that change as the quantity of the good or service that a business produces changes.
3.the level of production at which the costs of production equal the revenues for a product
Answer:
1) Fixed costs are costs that do not change when sales or production volumes increase or decrease.
2) A variable cost is a corporate expense that changes in proportion to how much a company produces or sells.
3) The breakeven point is the level of production at which the costs of production equal the revenues for a product.
What are the 5 factors taken into account when calculating a credit score?.
Answers
Answer:
Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. ...
Amounts owed. ...
Credit history length. ...
Credit mix. ...
New credit.
Explanation:
What is systematic risk? Multiple choice question. It is a risk that is caused by failure of the internal control system of a corporation. It is a risk that increases in a systematic, gradual fashion. It is a risk that affects only one or a few assets. It is a risk that pertains to a large number of assets.
Answers
Systematic risk is D. It is a risk that pertains to a large number of assets.
What is systematic risk?It should be noted that systematic risk simply refers to the risk that's inherent to the entire market.
In this case, systematic risk is the risk that pertains to a large number of assets. It is also known as volatility.
Learn more about systematic risk on:
https://brainly.com/question/15907254
Francis has the Standard Plan offered by his employer and is making an Office Visit to an in-network doctor to treat his flu-like symptoms. How much would Francis be asked to pay by the office manager in the doctor's office?
Answers
When Francis gets to the office of the doctor he is not going to have to pay any amount of money due to the standard plan.
Why would Francis pay 0 dollars for the standard plan?This is due to the fact that he is already covered by the insurance from the company that he works.
The plan requires one to pay pay some percentages for their health cost and the company that they work would pay some.
Read more on insurance here: https://brainly.com/question/25757822
Select all that apply Determine which of the following expenses are considered revenue expenditures related to a company vehicle. (Check all that apply.) Multiple select question. Engine overhaul Dent repair Installation of special equipment Car wash Oil change
Answers
Revenue expenditures are additional costs of plant assets that do not materially increase the asset’s life or productive capabilities. Hence, the answer the one that does not apply is Installation of special equipment.
Revenue expenditures related to a company vehicleEngine overhaul Dent repairCar wash andOil changeTherefore, the one that does not apply is Installation of special equipment.
learn more about Revenue expenditures: https://brainly.com/question/832717
Answer:
dent repair , oil change ,car wash
Explanation:
Knowing the educational requirements for a job you are interested in is very important. For example, to become a doctor would require you to go to school for many years, but to become a carpenter would require you to complete a specialized program through a trade school.
In the space below, write 2 to 3 sentences explaining why knowing the educational requirements for a job you are interested in is important.
Answers
Answer: It is very important because you need to be prepared to invest the time and money necessary to gain the required skills.
Explanation:
Undue influence cases often involve a relationship of trust and confidence between the contracting parties.
a. True
b. False
Answers
why?
-cuz I just know
After 7 years of working for a company that installed underground sprinkler systems for homeowners, terrance was ready to venture into his own business. As he prepared his swot analysis, he evaluated where he stood at this time. He was fortunate to have $120,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as.
Answers
In reviewing his SWOT analysis, Terrance, who was ready to venture into his own business after working for 7 years as an underground sprinkler installer, has two strengths and one threat.
What is a SWOT analysis?A SWOT analysis is a framework for analyzing a company's competitive position to enable the development of competitive strategies.
A SWOT analysis includes Strengths, Weaknesses, Opportunities, and Threats.
Thus, for Terrance, he has two strengths ($120,000 financing and three skilled installers who were willing and interested in working for him) and one threat (low construction activities) with increasing foreclosures.
Learn more about SWOT analysis at https://brainly.com/question/6954185
Debts and obligations of a business are referred to as:.
Answers
Answer:
Liabilities
Explanation:
Liabilities are the debts and obligations that a business owes.
What would be the best reason for the United States to provide military aid to another country? to protect an established alliance to improve the other nation’s reputation to help the other country gain greater power to result in a new trade agreement or alliance.
Answers
Answer: A protect an established alliance
Explanation:
that’s the answer on Ed2022
The best reason for the United States to provide military aid to another country is to protect an established alliance.
What is the reason the US providing military aid to other nations?The US wants to give security to other nations and establish its supremacy among the nations. It shows its power to big nations by collaborating with small nations.
Therefore, the US form an alliance with these nations and get their support by involving in trading and other economic agreements with them.
Learn more about the US here:
https://brainly.com/question/1219822
How can you stop inappropriate text and pictures from appearing in search results? A. Use keywords. B. Change filtering settings. C. Click sponsored links. D. Add bookmarks.
Answers
The major step to stop inappropriate text and pictures that appear in search results is by changing the filtering settings.
What is the inappropriateness of text and pictures?An inappropriateness of text and pictures is that are not suitable or the quality of the text and pictures is unfit.
A change in filtering settings can help in stopping the inappropriate text and pictures that appear in search results.
Therefore, B is the correct option.
Learn more about the Inappropriateness of text here:
https://brainly.com/question/4530171
What element of the marketing mix has a unique role in that it is the place where all other business decisions come together?.
Answers
The element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as Place
What is marketing mix?The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.
Elements of marketing mix include:
PlacePricePromotionProductHence, the element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as the place.
Learn more about marketing mix here : https://brainly.com/question/26156175
_______________ is the degree to which decision-making authority is retained at higher managerial levels a. Formalization b. Unification c. Centralization d. Specialization
Answers
There are various organizations structure. one of it is centralization. Centralization is the degree to which decision-making authority is retained at higher managerial levels.
Features of CentralizationIn a centralized company, cogent decisions are made at topmost levels of the hierarchy, whereas in decentralized companies, decisions are made and problems are solved at lower levels by employees who are closer to the problem.
Advantages of centralizationSome employees are more okay in an organization where their manager authoritatively gives instructions and makes decisions. Centralization can also lead to operational efficiency because there will be no time wasting, particularly if the company is operating in a stable environment. Strategic process and content as mediators between organizational context and structure.
Therefore, the answer is centralization option C.
learn more about centralization: https://brainly.com/question/1288780
Anne is skilled at programming and wants to study computer science to become a systems analyst. She has researched the costs
associated with attending the school that offers her major and found it expensive to attend. She decides to enroll. What statement best
supports her decision to enroll?
O She can change majors and attend a more affordable university.
O She can obtain an associate's degree since it is cheaper than obtaining a bachelor's degree.
O She can work while attending college.
O She can apply for a scholarship to help fund her education expenses.
Answers
A statement which best supports her decision to enroll is that: D. She can apply for a scholarship to help fund her education expenses.
What is the decision-making process?The decision-making process can be defined as a cognitive process that involves gathering (obtaining) information, analyzing them, and then evaluating alternatives, so as to enable the proper selection of an optimum solution (choice) to a particular problem.
In this scenario, we can logically deduce that the statement which best supports Anne's decision to enroll despite the expensive costs, is that she can apply for a scholarship to help fund her education expenses.
In conclusion, scholarship is a programme that is designed and developed to offer grants to qualified students in order to help fund their education expenses.
Read more on decision-making process here: https://brainly.com/question/8649509
#SPJ1
Terrel is designing and maintaining a web page for a local company. In which career pathways would Terrel be involved?
Programming and Software Development, and Network Systems
Network Systems and Interactive Media
Information Support and Services, and Programming and Software Development
Interactive Media, and Information Support and Services
Answers
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
I got it right on edge. trust me.
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
Edge
Which ics functional area arranges for resources and needed services.
Answers
The ICS functional area that arrange for resources and needed services is known as logistics.
What is ICS?ICS is an acronym for Incident Command System. It is a management system designed to enable effective and efficient domestic incident management.
The five major ICS functional areas are:
CommandOperationsPlanningLogisticsFinance/administration.Hence, Logistics as an ICS functional area is responsible for arranging for resources and needed services to support achievement of the incident objectives.
Learn more about ICS here : https://brainly.com/question/10695996
In+a+survey+conducted+on+an+srs+of+200+american+adults,+72%+of+them+said+they+believed+in+aliens. +give+a+95%+confidence+interval+for+percent+of+american+adults+who+believe+in+aliens
Answers
Based on the size of the sample, the 95% confidence interval for American adults who believe in aliens is (0.6577719, 0.7822281).
What is the confidence interval?With a 95% interval, we can find the Z score using the Z table to be 1.96.
The 95% interval here would therefore be:
Lower limit:
= (Proportion that believes in Aliens - 1.96 x √((Proportion that believes in aliens x Percentage that doesn't)) / Sample size
= 0.72 - 1.96 x √((0.72 * 28) / 200)
= 0.6577719
Upper limit:
= 0.72 + 1.96 x √((0.72 * 28) / 200)
= 0.7822281
Find out more on confidence intervals at https://brainly.com/question/16974109.
_____ adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.
Answers
Answer:
Target Rating Points adjust vehicle ratings to reflect just those individuals who match the advertiser’s target audience.
Explanation:
Target Rating Points (TRPs) are a refinement of gross rating points, or GRPs. GRPs relate to the "total audience" exposure to advertising messages, whereas TRPs relate to the "target audience" exposure.
-Justin :)
Definitions Types of Companies a. Purchases goods that are primarily in finished form for resale to customers. b. Records revenues when providing services to customers. c. Produces the goods they sell to customers.
Answers
The definitions of types of Companies is one that c. Produces the goods they sell to customers.
What is a company?A company serves as the legal entity formed by a group of individuals for production of goods and services.
They do engage in and operate a business which could be commercial or industrial enterprise.
Learn more about company at;
https://brainly.com/question/24448358