The year ending adjustment entry will be -
Rent Expense 2,000 Dr.
Prepaid Rent 2,000 Cr.
An adjustment entry is one that is made to properly allocate revenue and expenses to each accounting period. It corrects previously recorded journal entries, ensuring that the financial statements at the end of the fiscal year are correct and up to date.
When you make adjustment entries, you are accurately and timely recording business transactions. This is extremely useful for keeping track of your receivables and payables, as well as determining your company's exact profit and loss at the end of the fiscal year.
If you create financial statements without accounting for adjustment entries, your company's financial health will be completely distorted. Net income and equity will be overstated, while expenses and liabilities will be understated.
Learn more about adjustment entries here:
https://brainly.com/question/13716497
#SPJ4
Charlie's chocolates' had stock issuances of $78,000 and dividends of $34,000. the company has revenues of $111,000 and expenses of $78,000. calculate its net income.
Charlie's chocolates' had stock issuances of $78,000 and dividends of $34,000. The company has revenues of $111,000 and expenses of $78,000 so, Net income will be equal to= Revenue - Expenses
=111,000-78000 which is equal to =$33,000
While expense refers to a cost incurred in the course of producing or providing a core company function, revenue is the phrase used to represent income made via the provision of a business's primary goods or services.
When a business sells its products or services, the gross proceeds are referred to as "revenues" or "sales." Because there are always certain costs associated with manufacturing (both constant and variable), these must be subtracted as expenses from revenue to determine a company's net profit.
Salaries, wages, and employee benefits, marketing and advertising, rent, energy costs, insurance, taxes, interest, depreciation, and amortization are just a few examples of the many various sorts of expenditures that might be associated to expenses.
To know more about revenues visit: https://brainly.com/question/8645356
#SPJ4
Pola and quint want to form and do business as river tours corporation. a corporation can consist of?
'Pola and quint want to form and do business as river tours corporation. a corporation can consist of one or more natural persons.
A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.
The company is managed and directed by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporation governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.
Learn more about corporation https://brainly.com/question/1918077
#SPJ4
The Central Islip community has 9,649 homes in it. Smart Boards cost the school district $5,200 each. The HS needs 175, the Reed School needs 150 and the Mulligan school needs 50 new boards. Network Outsource the schools tech company has 12 workers for the HS, 8 for the Reed School and 4 for Mulligan. They all work 8 hours a day. They work 5 days a week, Monday thru Friday. They earn $58 per hour. It will take 45 weeks to finish the job. Find: a) Total Product Cost b) Total Labor Cost c) Total Cost d) Cost per Home e) Cost per Week
**(52 Weeks per Year)
Finding the following cost information about the Central Islip Community's requirement for Smart Boards is as follows:
a) The Total Product Cost is $390,000.
b) The Total Labor Cost is $2,505,600.
c) The Total Cost of the project is $2,895,600.
d) The Cost per Home is $300.09.
e) The Cost per Week, given a 52-week-year, is $55,684.62.
Data and Calculations:Homes in Central Islip Community = 9,649
Cost of Smart Boards per unit = $5,200
Requirements for Boards and Workers:
Boards Workers
HS 175 12
Reed School 150 8
Mulligan 50 4
Total boards = 375 24
Total cost for smart boards = $390,000 ($5,200 x 375)
Total labor cost = $2,505,600 ($58 x 8 x 5 x 45 x 24)
Total cost = $2,895,600 ($2,505,600 + $390,000)
Cost per Home = $300.09 ($2,895,600/9,649)
Cost per Week = $55,684.62($2,895,600/52)
Learn more about the total cost at https://brainly.com/question/25109150
#SPJ1
The portion of the obama stimulus package that provided unemployment benefits for longer than the usual 26 weeks is best thought of as?
The portion of the obama stimulus package that provided unemployment benefits for longer than the usual 26 weeks is best thought of as non-discretionary fiscal policy
What is Fiscal policy?
Fiscal policy is the use of taxes and government spending to control the economic activity of a country. Such intent is explicitly stated in the Employment Act of 1946 and restated in the Humphrey-Hawkins Act of 1978.
What is Nondiscretionary fiscal policy ?
Nondiscretionary fiscal policy consists of policies that are built into the system so that an expansionary or contractionary stimulus can be given automatically. Unemployment insurance, the progressive income tax, and welfare serve as the built-in policies.
To learn about Fiscal policy, refer: https://brainly.com/question/27250647?referrer=searchResults
#SPJ4
Abc,+inc.+has+issued+a+19-year+bond+with+a+par+value+of+$1,000,+coupon+rate+of+12.36%.+the+yield+to+maturity+(ytm)+is+14.49%.+assume+semi-annual+payments.+what+is+today's+price+of+this+bond?
A three-year bond with an annual coupon of ten percent has a yield to maturity of ten percent when the bond trades at par.
Solution:
COUPON RATE 6.76%
YEAR TO MATURITY 19.00
NPER 38 (years to maturity x 2)
PMT 33.8 (face value x coupon rate)/2
FACE VALUE 1000
YIELD 7.13%
RATE = YIELD/2 = 3.57%
PRICE = PV = $961.82
A zero-coupon bond, also called an accrual bond, is a debt security that pays no interest but trades at a significant discount and earns a profit at maturity if the bond is redeemed at its par value. Then just do some simple math. Preferred stock par value = number of shares outstanding x par value per share. Therefore, the par value of a preferred stock is calculated by multiplying the number of shares outstanding by the par value per share.
Learn more about Bond prices here:-https://brainly.com/question/26376004
#SPJ4
E-money+rates.+an+internet+company,+e-money,+is+offering+a+money+market+account+with+an+a.p.r.+of+5%.+what+is+the+effective+annual+interest+rate+offered+by+e-money+if+the+compounding+interval+is:________
E-Money rates. An internet company, e-Money, is offering a money market account with an APR. of 5%. The effective annual interest rate offered by e-Money if the compounding interval is annual.
Annual Percentage Rate, or APR, describes the annual interest rate charged for borrowing or received through investing.
The annual percentage rate (APR) is presented as a percentage and shows the yearly cost of funds over the life of the investment or spending.
The Annual Percentage Rate (APR) is the annual cost of borrowing money, including fees, represented as a percentage.
The APR is a more comprehensive estimate of the cost of borrowing money since it includes not only the interest rate but also the fees that a person must pay to obtain the loan. The higher the APR, the more we must pay throughout the life of the loan.
Hence, the answer is annual.
Learn more about APR:
https://brainly.com/question/1361627
#SPJ4
A credit score doesn’t factor in your income or the amount of money in your bank account. Knowing that, why do you think so many people believe a credit score is a good measure of financial health?.
Credit score is important because it helps in determining whether you are able or not to get loans, if yes, then at what rates, what is probability of your repayment.
What is credit score exactly?
A credit score is given to those person or organisations who wants to take loan to determine their creditworthiness. It is simply determined between 300-900, obviously, it will be a three-digit number, by properly analysing the income streams of the person, his past records of loan and its repayment and if it is business then by analysing its goodwill, profitability and past such records. The banks or financial institutions analyse credit score so that it can minimize the risk of default on loan from the side of borrower.
Learn more about credit score here: https://brainly.com/question/25668115
#SPJ4
The statement of changes in stockholders' equity shows changes in ______ for an accounting period.
Stockholders’ Equity shows changes in common stocks and retained earnings account for an accounting period.
In the statement sheet, changes in a company’s share capital, accumulated reserves, and retained earnings are described for the reporting period. It details changes in the ownership stake in the company as well as how retained earnings or surplus is used from one accounting period to the next.
Stockholders Equity consists of two main accounts i.e.. Common stocks account and retained earning account. The profits from the sale of common stock issued by a corporation to raise money are added to its total shareholders’ equity but have no impact on retained earnings. However, once dividend payments are made to investors, common stock can have an effect on a company’s retained earnings.
To learn more about retained earning, refer this link.
https://brainly.com/question/25998979
#SPJ4
If+a+firm+borrows+$50+million+for+one+year+at+an+interest+rate+of+9%,+what+is+the+present+value+of+the+interest+tax+shield?+assume+a+21%+marginal+corporate+tax+rate.
0.867 million (Approx)
Interest for one year=$50 million*9%
=$4.5 million
Hence tax shield for the year=Interest for the year*Tax rate
=4.5*21%
=$0.945 million
Hence the present value of the interest tax shield=0.945/1.09
=$0.867 million (Approx)
it's the result of Compound interest, or adding it to the loaned capital instead of paying it out or requiring payment from the borrower, .in order for interest to be generated on the principal amount plus any accumulated interest during the next period. In compound interest economics and finance, interest is commonplace.
Compound interest is contrasted with simple interest, where previously accumulated interest isn't added to the principal amount of the current period, so there's no compounding. the straightforward annual interest rate is the interest amount per period, multiplied by the number of periods per year. The nominal interest rate is another name for the simple annual interest rate.
To learn more about Compound interest from the given link:
brainly.com/question/14295570
#SPJ4
True or false: an external event is a transaction the firm conducts with a separate economic entity.
An interaction between a company and another economic entity is referred to as an external event. The reply is correct.
According to the "Economic entity assumption," an entity's operations must be maintained apart from those of its owner and other economic entities.
An economic entity is one of the accounting assumptions made by generally accepted accounting principles. An economic entity can be almost any kind of grouping or aspect of society. Hospitals, businesses, towns, and government organizations are a few examples of economic entities.
Each division's financial records should be kept separately in accordance with the economic entity assumption. For instance, a cost associated with the orchard shouldn't be listed under the dairy farm.
To know more about Economic entity
https://brainly.com/question/14618665
#SPJ4
When economists develop models designed to explain the choices people make, they generally assume that:_________
Typically, economists make the following assumptions when creating models to explain why people make certain decisions: people are rational
Development Economics: What Is It?
The improvement of the fiscal, economic, and social conditions in impoverished countries is the focus of the economics branch known as "development economics." Development economics, which places a focus on improving living standards in the world's poorest countries, considers factors such as health, education, working conditions, local and international policy, and market conditions. The area also looks at macroeconomic and microeconomic aspects of developing economies' structures, as well as domestic and global economic growth.
To learn more about development economics
https://brainly.com/question/25017714
#SPJ4
The u.s. government coding system that classifies a firm by the nature of its business operations is known as the?
The u.s. government coding system that classifies a firm by the nature of its business operations is known as the Standard Industrial Classification (SIC) codes.
A central authority is the gadget to control a state or network. The Columbia Encyclopedia defines authorities as "a gadget of social manipulate beneath which the proper to make laws, and the proper to put in force them, is vested in a selected group in society".
A central authority is an group via which leaders exercising electricity to make and enforce legal guidelines. a central authority's basic features are providing management, maintaining order, offering public offerings, presenting national security, presenting financial protection, and offering monetary assistance.
Governments offer the parameters for everyday conduct for residents, defend them from outside interference, and frequently offer for their properly-being and happiness.
Learn more about government here:https://brainly.com/question/1078669
#SPJ4
The flexible budget performance report directs management's attention to areas where corrective action to:________
The flexible budget performance report directs management's attention to areas where corrective action to help control operations.
A flexible budget is defined as a summary of revenues and costs across a range of different activity levels.
Therefore, a flexible budget is prepared after making an intelligent classification of all expenses between fixed, semi-variables and variables because the usefulness of such a budget depends upon the accuracy with which the expenses can be classified.
Learn more about flexible budget here;
https://brainly.com/question/27214035
#SPJ4
A+factory+costs+$400,000.+you+forecast+that+it+will+produce+cash+inflows+of+$120,000+in+year+1,+$180,000+in+year+2,+and+$300,000+in+year+3.+the+discount+rate+is+12%.+what+is+the+value+of+the+factory?
Net Present Value = $64,184.
What does initial production mean?How many barrels of crude oil are produced each day by a new oil well is measured by its initial production rate, or IP rate. It is used to evaluate the amount of recoverable reserves and as a stand-in for an oil well's potential future productivity.The formula required to determine total manufacturing cost is typically expressed as follows: Direct materials plus direct labor plus manufacturing overhead equal the total cost of production.Materials, labor, and overhead are the three main areas of costs in the manufacturing industry.A factory costs $400,000. You forecast that it will produce cash inflows of $120,000 in year 1, $180,000 in year 2, and $300,000 in year 3. The discount rate is 12%. Is the factory a good investment? Explain.
Initial Factory Cost = $400,000
Cash Inflows for the 1st year = $120,000
Cash Inflows for the 2nd year = $180,000
Cash Inflows for the 3rd year = $300,000
Calculating Net Present Value of the Investment:
Year Cash flows PV Factory at 12%Net Present Value
0 ($400,000) 1 ($400,000.00)
1 $120,000 0.8929 $107,148.00
2 $180,000 0.7972 $143,496.00
3 $300,000 0.7118 $213,540.00
Net Present Value $64,184.00
Net Present Value = $64,184
Note: Yes, this factory investment is good, and we should accept this project. Because here, this project has got positive Net Present Value. Hence, it is a good investment.
To learn more about production, refer to:
https://brainly.com/question/26460726
#SPJ4
At the end of study 2, the researchers’ recommendation suggests that parents in food-insecure households are subject to which role dynamic?.
The parent is torn between their responsibility to provide for their children in their job as a parent and their responsibility to care for themselves (i.e., avoid becoming antisocial or sad) in their function as a person.
A personality illness called antisocial personality disorder (ASPD or, less frequently, APD) is defined by a protracted habit of disregarding or infringing upon the rights of others as well as by a problem maintaining long-term relationships. A history of breaking the law, a propensity for substance abuse, impulsive and violent behaviour, as well as a lack of empathy, are frequently discernible. Antisocial behaviours frequently begin before the age of eight, and in approximately 80% of cases with ASPD, the individual will experience their first symptoms by the age of eleven. Those between the ages of 24 and 44 have the highest prevalence of ASPD, which frequently declines between the ages of 45 and 64.
Learn more about antisocial here
https://brainly.com/question/10125259
#SPJ4
After an increase in aggregate demand, why does the real growth rate revert to the solow growth rate in the long run?
The economic Growth rate reverts to the slow growth rate in the long run.
What happens to the Solow model if the population increases?In the Solow model, an increase in the population growth rate raises the growth rate of aggregate output but has no permanent effect on the growth rate of per capita output. An increase in the population growth rate lowers the steady-state level of per capita output.According to the Solow Growth Model, the production function displays constant returns to scale (CRS). According to this supposition, doubling the capital stock and the labor force causes the output to exactly double. Because of this, the Solow model's mathematical analysis concentrates on output and capital per worker rather than total output and total capital stock.To learn more about Growth rate, refer
to https://brainly.com/question/25922327
#SPJ4
Presenting the results of your analysis--data visualization--is an important part of analytics.
It is True that data visualization plays a significant role in analytics by
presenting the findings of the analysis.
What does "Data visualization" mean?Data visualization is an important step because it enables you to present your data analysis findings in a distinctive manner that is not only more visually appealing but also much easier to understand.Data visualization is the process of displaying data using common graphics like infographics, charts, and even animations. These educational visualizations make it easy to understand complex data relationships and data-driven concepts.Data visualization helps us identify emerging trends so that we can quickly take action based on what we see. Such patterns make more sense when graphically represented because visuals and diagrams make it easier for us to recognize strongly associated characteristics.To learn more about true or false, refer
to https://brainly.com/question/1065123
#SPJ4
Using both the supply and demand for bonds and liquidity preference frameworks, show how interest rates are affected when the riskiness of bonds rises. are the results the same in the two frameworks?
To learn more about Interest rates, refer to:
https://brainly.com/question/13324776
#SPJ4
How did greece get into trouble with its government debt? did joining the eurozone help them pay rising government debts? explain your answers.
The Greek debt crisis is due to the government's fiscal regulations that included too much spending. Greece's economic situation become sound while it entered the eu inside the early Eighties, however deteriorated appreciably over the subsequent thirty years.
1. the workout of political authority over the actions, affairs, and so forth, of a political unit, people, and many others, as well as the performance of certain functions for this unit or frame; the action of governing; political rule and management. 2. the device or shape by means of which a network, and many others, is dominated. tyrannical authorities.
Government , Political gadget through which a frame of humans is administered and regulated. extraordinary levels of government usually have extraordinary obligations. the extent closest to the ones ruled is local authorities. local governments include a grouping of character communities.
Learn more about government here:https://brainly.com/question/1078669
#SPJ4
In the process of crossing the chasm, what is the second step after identification of the beachhead market?
'In the process of crossing the chasm, the second step after identification of the beachhead market is positioning the product.
A beachhead market is a narrow market segment with an ideal target customer for a new product. Marketers can build beachhead markets based on specific demographics or subsets of customers interested in similar products.
In the beachhead market, gaining a dominant market share gives you the power to attack neighboring markets with a variety of opportunities and build big business with each new follower.
Learn more about beachhead market https://brainly.com/question/26839208
#SPJ4
Noodlecake pays $300 cash to create the company's logo. the journal entry to record this transaction would include a ______ for $300.
Noodlecake pays $300 cash to create the company's logo. The journal entry to record this transaction would include a credit to cash and debit to logo/trademarks for $300.
Journal Entry: An accounting book's journal entry serves as a record of a company's financial transactions. An accurate date, the sums to be debited and credited, a description of the transaction, and an individual reference number are all required components of a properly recorded journal entry.
Noodlecake pays $300 cash to create the company's logo. The journal entry to record this transaction would include a credit to cash and debit to logo/trademarks for $300.
To learn more about Journal Entry, visit the following link:
https://brainly.com/question/17201601
#SPJ4
An analysis of the stability or instability of a government is an example of scanning which environment?
An illustration of scanning the political environment is determining if a government is stable or unstable.
The political environment describes variables that affect businesses that are external to the corporation and have to do with a nation's government or public affairs. Here, the term "government" is used broadly. It can be used to refer to the federal government, state governments, local governments, government agencies, and independent government organisations like Bank Indonesia and the Financial Services Authority. Transnational organisations like the World Trade Organization, IMF, and World Bank can also be included in this group under rare circumstances. In a more general sense, the term also refers to various organisations that are in charge of enacting laws and regulations. Risks might be very high when the political environment changes. They might put the business's plan at danger. Examples include conflict, unrest in politics, and corruption.
Learn more about political environment here
https://brainly.com/question/15697860
#SPJ4
Greenfield investments are typically ________ and ________ than crossborder acquisition
Greenfield investment are typically slower andmore uncertain than crossborder acquisition
An investment is a purchase made with the hope of generating income or capital growth. Appreciation is the term used to describe how an asset's value grows over time. When someone invests in a product, they do not aim to use it as a means of current consumption but rather as a means of generating wealth in the future. An investment requires the today's spending of some capital, such as time, money, effort, or an asset, with the anticipation of a future return greater than the initial investment. To give one example, an investor might purchase a financial asset right immediately in the hopes that it will generate income over the road or that it can be sold for a profit at a higher price.
learn more about investment:
https://brainly.com/question/15353704
#SPJ4
Noreen asserts that behavior often reflects unconscious motives and conflicts. this viewpoint is most consistent with the _____ approach in psychology.
Noreen asserts that behavior often reflects unconscious motives and conflicts. this viewpoint is most consistent with the psychoanalytic approach in psychology.
Psychoanalytic theory postulates a plethora of distinct change mechanisms, and as psychoanalytic ideas evolve and multiply, a plethora of new methods of conceiving the change process emerge.
At the most fundamental level, there is a knowledge that change generally entails making the unconscious conscious, as represented by Freud's oft-repeated axiom: "Where id has been, ego shall be."
The psyche is divided into three functions according to psychoanalytic theory: the id—the unconscious source of primitive sexual, dependency, and aggressive impulses; the superego—subconsciously interjects societal mores, setting standards to live by; and the ego—represents a sense of self and mediates between momentary realities and psychic needs and conflicts.
Hence, the answer is psychoanalytic approach.
Learn more about psychoanalytic approach:
https://brainly.com/question/7804684
#SPJ4
QUESTION 10
One of the biggest drivers of the explosion of tourism on the global market has been the rise of:
O a. Chinese Tourists
O b. U.S. population increase
O c. The Euro to Dollar exchange rate
O d. Caribbean tourists
Answer:
b. U.S. population increase
Explanation:
The following data represent the wait time, in minutes, for customers calling dell technical support. 14 21 37 24 19 12 16 69 13 what is the 60th percentile of wait time?
The following data represent the wait time, in minutes, for customers calling dell technical support.
14 21 37 24 19 12 16 69 13
The 60th percentile of wait time is 56 minutes.
A client is a man or woman or commercial enterprise that purchases another agency's goods or offerings. customers are critical because they pressure revenues; without them, groups can not continue to exist.
In sales, trade, and economics, a customer (sometimes referred to as a consumer, buyer, or patron) is the recipient of a good, carrier, product or concept - obtained from a seller, vendor, or dealer via a monetary transaction or change for money or a few other precious attention.
Learn more about customers here:https://brainly.com/question/380037
#SPJ4
Both microsoft and its employees can gain from the new evaluation system if employees are more loyal in return for positive support from the company. this can be called a?
The correct answer is- that it can be called as relational contract.
A relational contract is one in which the effect is based on the parties' trust relationship. The contract's explicit terms are an outline of the implicit terms and understandings that govern the parties' behavior.
Some features of relational contracts are-
They represent parties' long-term relationships.They require an equal commitment from both parties.They necessitate a great deal of communication and collaboration.Relational contracts are very important when it comes to retaining value over time and assisting in the maintenance of good contracting relationships. They are concerned with the long-term relationship between parties rather than just the transactional exchange. Although building trust can be difficult at first, relational contracts ultimately keep both parties happy by assisting in the creation of both tangible and intangible deals — and 'win-win' situations — that reduce operational costs. This goes a long way toward establishing long-term business relationships and mutual trust.
Learn more about contracts here:
https://brainly.com/question/28484012
#SPJ4
Calculate the average collection period for dotte inc. if its accounts receivables were $500 and $600 at the end of each of the last two years, and its revenue over the last year was $3,000:________
Calculate the average collection period for dotte inc. if its accounts receivables were $500 and $600 at the end of each of the last two years, and its revenue over the last year was $3,000: 67 days
Sales are the money an agency earns from the sale of its services and products. Cash drift is the internet sum of money being transferred into and out of an organization. Revenue provides a degree of the effectiveness of an organization's income and advertising, while cash flow is greater of a liquidity indicator.
In bookkeeping, revenues are credited due to the fact revenues purpose proprietor's fairness or stockholders' equity to increase. recollect that the accounting equation, belongings = Liabilities + owner's fairness, have to usually be in balance.
Supply of revenue method segregation of revenues by way of supply. The number one classification differentiates district, intermediate, kingdom, and Federal revenue resources. revenues from restricted resources would be similarly classified as the use of the project/Reporting dimension.
Average of accounts receivables = (500+600)/2
= 550;
Receivable turnover ratio = 3000/550
= 5.4545 ;
Average collection period = 365/5.454 = 67 days ;
ans is 67 days.
Learn more about the revenues here https://brainly.com/question/16232387
#SPJ4
The long-term benefit of saving for retirement or any other long-term goal is the power of ___.
Answer: Compound Interest
Explanation:
The long-term benefit of saving for retirement or any other long-term
goal is the power of Compound Interest.
What is compound interest?
The interest on a loan or deposit that is calculated based on both the initial principal and the accumulated interest from previous periods is known as compound interest (also known as compounding interest).
Compound interest, also known as "interest on interest," is thought to have its roots in 17th-century Italy.
Compared to simple interest, which is calculated solely on the principal amount, it will cause a sum to grow more quickly.
The frequency of compounding determines the rate at which compound interest accumulates.
The compound interest increases with the number of compounding periods.
For instance, $100 compounded at 10% annually will accrue less compound interest than $100 compounded at 5% semi-annually over the same time period.
Compound interest is calculated on the initial principal of a deposit or loan, which also takes into account all of the accumulated interest from prior periods.
The annual interest rate is raised to the number of compound periods minus one, and the initial principal amount is multiplied by both of these factors.
The frequency schedule for compounding interest can be set to be continuous, daily, or yearly.
The quantity of compounding periods has a big impact on compound interest calculations.
Compound interest will pay you more over the course of your life the younger you are. In actuality, you are supersizing your finances.
To learn more about compound interest, refer
to https://brainly.com/question/26997143
#SPJ4
Furniture, major appliances, clothing, and hotel services are classified as ____________ products.
Furniture, major appliances, clothing, and hotel services are classified as shopping products.
What are Shopping Products?Shopping items are infrequently purchased consumer goods that require users to invest time, effort, planning, and resources at the time of purchase. Contrary to easily available convenience products, just a few stores or specific channels are used to distribute shopping merchandise.These goods are frequently purchased infrequently and have high unit costs. As a result, before making a purchase, shoppers research their options and weigh factors like quality, price, and style of the products.Additionally, since shopping items are not needed by consumers, they are disseminated and sold to certain audiences.To learn more about Shopping Products, refer to:
https://brainly.com/question/14295891
#SPJ4
