Compare and contrast goods and services

At a concession stand, Parker bought 3 hot dogs and 2 sodas for $12.15. Tax is included in the price. A hot dog cost $0.80 more than a soda. What is the cost of one hot dog and one soda? A $3.90 B $4.70 C $5.50 D $7.30

Knottworth Gedding Consulting leased machinery from Red Inc. on July 1, 2021. The lease was recorded as a finance lease. The present value of the lease payments discounted at 10% was $40.5 million.

If the demand for a good decreased, what would be the effect on the equilibrium price and quantity? Group of answer choices Price would increase, and quantity would decrease. Price would increase, and quantity would increase.

LO 2.2Explain the difference between prime costs and conversion costs.

Marketers call the decision-making unit of a buying organization the

When conducting tradeoffs, Cost and/or Price must always be considered more important than the Non-Price Factors: False True

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $57000. If the balance of the Allowance for Doubtful Accounts is an $11400 debit before adjustment, what is the balance after adjustment?

Your organization is launching a project which will include an investment of $2,000,000. The product from the project is forecasted to create revenues of $500,000 in the first year after the end of the project and of $840,000 in each of the two

ts sold ... 10,000 9,000 Sales revenue ... $120,000 $103,500 Variable manufacturing cost ... 40,000 36,000 Fixed manufacturing cost ... 20,000 20,000 Variable selling and administrative cost ... 10,000 9,000 Fixed selling and administrative cost ...

Credit cards should be used for A. anything you want. B. things you can't afford. C. budgeted expenses you need to pay over time. D. wants rather than needs