Ron plans to open his own café. He wants to offer a variety of coffees, sandwiches, and salads. He also plans to hire employees who will prepare food and serve customers. What type of product would Ron's customers be offered?
What will be an ideal response?
Ron's customers would be paying for both physical goods, that is, the food items Ron would offer, and nonphysical services, that is, the preparation and serving of the food items.
Business
You might also like to view...
Dividends is a(n) ________ account that has a normal ________ balance
A) liability; credit B) equity; debit C) liability; debit D) equity; credit
Business
A corporation that has a controlling interest (voting interest of more than 50 percent) in another corporation (the subsidiary) Companies present the investment in the subsidiary as a long-term investment on the financial statements of the parent.
(a) option premium (b) parent (c) fair value (d) forward contract
Business