Answer:
The answer is the end use of the product
Explanation:
The end use of a.product determines whether the product is s consumer or an industrial product.
A consumer product is a finished product. They are ready for immediate consumption. Consumers buy and eat it. For example, biscuits, coke etc
An industrial product is a product e.g raw materials, machinery, that is used to produce finished goods. Businesses and firms use industrial product to produce finished goods.
I have interviewed a business owner. The business problem that she encountered was the lack of clients that she had. I proposed a solution that she has to target what is the most salable market today at a low price. Then it worked.
Answer:
The correct answer is $900,000
Explanation:
Arena Corp. should record the asset and the lease obligation at the lower of the fair value of the asset at the inception of the lease.
In this case, The fair value is $900,000 and its precise amount to record. Keep in mind that Executory costs aren´t included in the lease obligation.
Answer: 1,000,000.00
Explanation:
Arena should report a finance lease obligation at $1,000,000, the present value of the lease payments. The $50,000 executory costs are separate from the lease payments and do not count in the present value calculation. They do not reflect a component of the minimum lease payment. The fair value of the equipment is extra information. The lease liability is based on the present value of the lease payments, not the fair value of the leased asset, even though they are often the same.
Answer:
verbal communication
Explanation:
Secured Loan
Unsecured Loan
is not backed with collateral
has less risk for the lender
can include a down payment
is backed with collateral
does not include a down payment
Secured loan
Unsecured loan
Answer:
Box 1
Can include a down payment
Is back with a collateral
Has less risk for the lender
Box 2
Is not backed with a collateral
Does not include a down payment
Has more risk for the lender
Explanation:on edge hope helps
Answer:
Box 1
Can include a down payment
Is back with a collateral
Has less risk for the lender
Box 2
Is not backed with a collateral
Does not include a down payment
Has more risk for the lender
Explanation:on edge hope helps
If you are replacing an old vehicle with a newer model, the cost of the old vehicle is considered a sunk cost.
This is because the money spent on the old vehicle cannot be recovered and is not relevant to the decision-making process for acquiring the new vehicle.
Sunk costs are not relevant to the decision-making process for acquiring the new vehicle because the money spent on the old vehicle has already been spent and cannot be recovered.
When making a decision about acquiring a new vehicle, the relevant costs are the costs associated with the new vehicle, such as the purchase price, maintenance costs, and operating costs.
In other words, the decision to acquire a new vehicle should be based on the costs and benefits of the new vehicle, and not on the costs and benefits of the old vehicle. Focusing on the sunk cost of the old vehicle can lead to a biased decision-making process and may result in a poor decision.
It is important to note that sunk costs can still have an impact on decision-making in certain situations. For example, if the old vehicle has a resale value or trade-in value, this value should be taken into account when making a decision to acquire a new vehicle.
However, in general, the cost of the old vehicle is considered a sunk cost and is not relevant to the decision-making process for acquiring a new vehicle.
To learn more about decision, refer below:
#SPJ11