which of the following statements is prepared using modified accrual accounting? a. general fund balance sheet b. agency fund operating statement c. enterprise fund operating statement d. investment trust fund balance sheet
Answers
General fund balance sheet is prepared using modified accrual accounting.
What is meant by balance sheet?An organization's assets and liabilities at a given point in time are described in detail in a balance sheet, which is a financial statement. One of the three essential financial statements, along with the income statement and cash flow statement, which are used to assess a company's performance.An organization's or company's "book value" is expressed in detail in a balance sheet, a financial document.The balance sheet, also known as the Statement of Financial Position, acts as a quick snapshot and offers the most complete view of an organization's financial condition. It gives information on the assets (what the company owns) and liabilities of the company (what is owed).To learn more about balance sheet refer to:
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Related Questions
Select the correct answer from each drop-down menu. which sector dominates developed economies such as the united states? in developed economies such as the united states, the sector dominates the economy. examples include legal firms, , and so on.
Answers
Legal firms and hospitals are the that dominates the economy is the consumer service sector.
Which sector dominates developed economies such as the United States?In the Unites State which is a developed country is highly dominated by the service sector, in US about 80% of the country's output. The US service sectors companies are technology, financial services, healthcare and retail, that dominated maximum economy.
Thus, Legal firms and hospitals
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Which of the following characteristics is least unique to a market system?
A. the widespread use of money
B. freedom of enterprise and choice
C. private ownership of property resources
D. competition among buyers and sellers pursuing monetary returns
Answers
The characteristic least unique to a market system is the widespread use of money.
While all the characteristics listed (widespread use of money, freedom of enterprise and choice, private ownership of property resources, competition among buyers and sellers pursuing monetary returns) are important aspects of a market system, the widespread use of money is the least unique. Money is a medium of exchange that facilitates transactions in various economic systems, not just in market systems. Other economic systems, such as command economies, may also utilize money for transactional purposes. In contrast, the remaining characteristics (freedom of enterprise and choice, private ownership of property resources, competition among buyers and sellers pursuing monetary returns) are more closely associated with the fundamental principles and dynamics of a market system.
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How long will it take to save $100,000 depositing $1,000 every
quarter with 1.5% compounded quarterly?
Answers
We get:1.015n = 100,000/1,500 + 1n = log(67/61)/log(1.015)Using a calculator, we get:n ≈ 76.88 quarters. Therefore, it will take more than 76 quarters, or more than 19 years (since there are 4 quarters in a year), to save $100,000 depositing $1,000 every quarter with 1.5% compounded quarterly.
If we want to find out how long it will take to save $100,000 by depositing $1,000 every quarter with 1.5% compounded quarterly, we can use the formula for compound interest to calculate the number of quarters required to reach the target amount.Let's denote the quarterly deposit amount by P, the quarterly interest rate by r, and the target amount by A. Then, the formula for compound interest is:A = P[(1 + r)n - 1]/r,where n is the number of quarters. We want to solve for n given P = $1,000, r = 1.5% per quarter, and A = $100,000. Plugging in the values, we get:100,000 = 1,000[(1 + 0.015)n - 1]/0.015Multiplying both sides by 0.015 and adding 1 to both sides, we get:1.015n = 100,000/1,500 + 1n = log(67/61)/log(1.015)Using a calculator, we get:n ≈ 76.88 quarters. Therefore, it will take more than 76 quarters, or more than 19 years (since there are 4 quarters in a year), to save $100,000 depositing $1,000 every quarter with 1.5% compounded quarterly.
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Chyou has heard that gas appliances are cheaper to use and can lower utility costs. She is interested in purchasing a new gas dryer to replace her electric dryer. Assuming that the dryer drys one load per day, use the following chart to determine how much Chyou will save each year in utility costs by purchasing the gas appliance.
Answers
Answer:
Its b 105.85
Explanation:
It just is break it down
Answer:
B.
Explanation:
active/passive she is watering the plants
Answers
Answer:
active
Explanation:
she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".
Determine: The Collected Balance, the breakout of service charges for the month, the overall required balance and the required balance for each of the items above. Also compute the amount of either surplus earnings credits or deficit balance that must be charged to the account for the month in question.
Answers
Patterson Manufacturing Company has a surplus earnings credit of $22,644.67 for the month of September 2017.
Here is the Account Analysis Statement for the Patterson Manufacturing Company's bank accounts in the month of September 2017:
(calculation table & full question in image below )
Total Collected Balance: $1,299,730.00
Total Service Charges: $2,644.67
Total Required Balance: $1,322,374.67
Surplus Earnings Credits: $22,644.67
Deficit Balance: $(22,644.67)
As you can see, the total collected balance for the month is $1,299,730.00. The total service charges for the month are $2,644.67. The total required balance is $1,322,374.67. This means that the company has a surplus earnings credit of $22,644.67 for the month.
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What are wholesalers
Answers
Answer:
Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.
Hope this help :)
Answer:
Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.
Explanation:
Examples; Costco Wholesale & Sam's Club
Bob and Frank play the following sequential-move game. Bob first picks a number SB = (1,3,5,7,9) and tells it to Frank. Frank then picks a number se= {2,4,6,8,10} in response to Bob's action. Bob has to pay (SB-SF)2 so payoffs are given by VB(S1,S2) = -(S1-52)² and VF(SB,SF) = (S1-S2)². (a) Draw the extensive form of the game. (b) How many subgames does this game have? Define the pure strategies of each player. (c) What is Frank's best response SF(SB) to every SB? (d) Find all the pure-strategy subgame perfect equilibria of the game and giveeach player's payoff in these equilibria. (e) Does the game have a pure-strategy Nash equilibrium that leads to differentpayoffs than those you found in part (d)? If yes, show it. If not, explain why not.
Answers
Extensive form: Bob -> Frank
One subgame, pure strategies: Bob (SB) and Frank (SF)
(a) The extensive form of the game can be represented as follows:
Bob
|
Frank
(b) This game has one subgame.
The pure strategies of each player are as follows:
Bob's pure strategies are SB = {1, 3, 5, 7, 9}, representing the numbers he can choose.
Frank's pure strategies are SF = {2, 4, 6, 8, 10}, representing the numbers he can choose in response to Bob's action.
(c) Frank's best response SF(SB) to every SB is SF = SB + 1. In other words, Frank chooses the number that is one higher than Bob's chosen number.
(d) The pure-strategy subgame perfect equilibria of the game are as follows:
In this game, the only subgame is when Bob chooses 1, and Frank chooses 2 as a best response. In this subgame, Bob's payoff is -(1-5)^2 = -16, and Frank's payoff is (1-2)^2 = 1.
(e) The game does not have a pure-strategy Nash equilibrium that leads to different payoffs than those found in part (d). In the subgame identified in part (d), both players are choosing their best responses, and no player has an incentive to deviate unilaterally from their strategy. Therefore, the subgame perfect equilibrium found in part (d) represents the unique outcome of the game.
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What is an accurate definition of an interest?
something a person likes to do for fun
a way of living that shows the beliefs and opinions of a person or group of people
a priority, principle, or belief that guides a person’s life
a subject a person enjoys learning about, and would like to learn more about
Answers
Answer:
a subject a person enjoys learning about, and would like to learn more about
Explanation:
Something of Interest is anythings that draws a person's attention. It is something that evokes emotions, desires, concerns, and curiosity. A person interested in something or someone will invest time and resources to learn them more, understand, and spend time with them.
Interest is a feeling of getting attracted or being drawn towards a particular subject or person. For example, her interests are in math and sciences.
Answer:
D
Explanation:
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Annual costs for a 4-year loan at 10% will be about $30 for each $100 borrowed (30/100 x amount borrowed x 4). How much are the approximate total costs (4-year loan, plus downpayment, plus initial costs) for each car?
Answers
To calculate the approximate total costs for each car, we need to add the annual costs for the 4-year loan, the downpayment, and the initial costs. Here's how to do it:
1. Calculate the annual costs for the 4-year loan: $30 for each $100 borrowed x amount borrowed x 4 = annual costs
2. Add the downpayment to the annual costs: annual costs + downpayment = total loan costs
3. Add the initial costs to the total loan costs: total loan costs + initial costs = approximate total costs
So, the approximate total costs for each car will be the sum of the annual costs for the 4-year loan, the downpayment, and the initial costs.
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Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of the action itself when making ethical decisions in a business context. Hailey is applying
the utilitarian theory of ethics in business contexts.
religious beliefs in business contexts.
Kantian ethics in business contexts.
the principle of rights theory of ethics in business contexts
Answers
Answer:
the utilitarian theory of ethics in business contexts.
Explanation:
According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.
In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.
mrs. stone bought some peaches at $1.49 per pound and some blueberries at $1.99 per pound to use in a fruit salad she is making for a family reunion picnic. she paid $20.38 for a total of 12 pounds of the two kinds of fruit. how many pounds of peaches did she buy?
Answers
By making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.
What are equations?Algebraically speaking, an equation is a statement that shows the equality of two mathematical expressions.
For instance, the two equations 3x + 5 and 14, which are separated by the 'equal' sign, make up the equation 3x + 5 = 14.
So, for a fruit salad, Mrs. Aiken purchased some peaches at $1.49 per pound and some blueberries at $1.99 per pound.
1.49p + 1.99b = 20.38
12 pounds in a total of the two fruit varieties:
p + b = 12
Now, solve the equation as follows:
1.49p + 1.99b = 20.38
p + b = 12
p = 12 - b
Replace p with the value in equation 1:
1.49(12 - b) + 1.99 = 20.38
17.98 - 1.49b + 1.99b = 20.38
0.5b = 20.38 - 17.98
0.5b = 2.4
b = 2.4/0.5
b = 4.8
See equation 2 for the value of b:
p + b = 12
p = 12 - b
p = 12 - 4.8
p = 7.2
Therefore, by making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.
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Where do insurance companies get the money to pay for losses suffered by their customers?
Answers
Answer:
Through the Insured premium paid
Explanation:
Insurance is a form of contract where the insureds are indemnified by the insurer against potential future losses.
The primary way through which insurance generate money is through the premium , which is the amount of money that is periodically contributed by the policy holders. This premium is thereafter re-invested into other profit generating investment portfolio.
It is from this that the insurances pull out money for compensation for losses suffered by their customers whenever there is one.
Calculate the payoff of this scenario: You flip a coin, if it is Heads, you win $134; and if it is Tails, you lose $121
Answers
The payoff of this scenario is +$13.
To calculate the payoff, subtract the amount lost from the amount won:
$134 - $121 = $13.
In this scenario, you have a 50/50 chance of winning or losing money based on the outcome of the coin flip. If the coin lands on Heads, you win $134, but if it lands on Tails, you lose $121.
Therefore, the expected value of this scenario can be calculated as follows: (0.5 x $134) + (0.5 x -$121) = $6.5.
However, the payoff is not the same as the expected value. The payoff represents the actual outcome of the scenario, whereas the expected value represents the average outcome over many repetitions of the scenario. In this case, the actual outcome is either a gain of $13 or a loss of $121, depending on the result of the coin flip.
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Which of the following is not an example of a liability?
A. A home you own
B. An apartment you rent
C. Student Loans
D. Your phone bill
Answers
Answer:
B
Explanation:
You are renting so you are temporarily living there, unlike a home owner. They own the home meaning they are responsible for the upkeep. Renters that responsability falls upon the land lord.
The option that is not an example of a liability is an apartment that you rent.
What is a liability?
A liability can be described as something that one is responsible for.
The reason why the rented apartment is not a liability is the fact that it is rented. That is you are not in charge of the place.
The maintenance and others lies in the hands of the owner and not in your hands because you do not own the place.
The student loan and phone bill are all expenses that you are responsible for. They are liabilities.
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1. According to this supply curve, 400 movie videos will be supplied at what price?
a. $12
b. $16
c.$14
d.$10
Answers
According to this supply curve, 400 movie videos will be supplied at what price 12 dollars.
What is a supply curve?A supply curve is a graphical representation of the relationship between the quantity of a good or service that a producer is willing to sell and the price at which they are willing to sell it. The curve is upward sloping, which means that as the price of a good or service increases, the quantity supplied by producers will also increase.
The opposite is also true, as the price of a good or service decreases the quantity supplied by producers will decrease. It is assumed that all other factors (technology, input prices, taxes and subsidies etc.) that affect production remain constant.
The position of the supply curve can also change depending on these factors. The supply curve is a fundamental concept in microeconomics, it is used to analyze market behavior and the determination of prices in a market.
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Explain how an investor makes money by investing in bonds
Answers
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
Which nims management characteristic refers to personnel.
Answers
The NIMS (National Incident Management System) is a comprehensive framework that provides guidance for effective and efficient incident management.
In NIMS, personnel management refers to the process of organizing, mobilizing, deploying, and managing the people involved in incident response. This includes identifying the roles and responsibilities of personnel, establishing clear lines of communication and reporting, and providing adequate training and resources to support their efforts.
One of the key principles of personnel management in NIMS is the concept of a unified command structure. This means that all personnel involved in incident response, regardless of their agency or organization, work together under a single command structure to ensure a coordinated and effective response.
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Which of the following is not a crime against persons?
robbery, assault and battery, larceny, sexual assault, Other:
Answers
Student aid is based on either financial need or _____ need.
merit-based
academic
social
emotional
Answers
Answer:
merit-based
Explanation:
Financial aid takes many forms, and most often does not need to be paid back.. merit based need is based on academic excellence
Pick a company and write about their marketing mix (product, place, promotions, and price). It should be four paragraphs (one paragraph for each part of the marketing mix).
Answers
I will discuss the marketing mix of Apple Inc., focusing on their product, place, promotions, and price strategies.
Product: Apple Inc. is known for its innovative and high-quality products. Their product range includes smartphones (iPhone), tablets (iPad), computers (MacBook), wearables (Apple Watch), and more. Apple's products are designed with sleek aesthetics, user-friendly interfaces, and advanced technology, offering a premium and seamless user experience. Their focus on product design and functionality has helped them create a strong brand image and a loyal customer base.
Place: Apple distributes its products through various channels, including their online store, retail stores, and authorized resellers. Apple's retail stores are strategically located in high-traffic areas, providing a direct and immersive experience for customers. The online store offers convenience and accessibility to customers worldwide. By having a strong presence in both physical and digital spaces, Apple ensures that their products are easily accessible to a wide range of consumers.
Promotions: Apple's promotional strategies focus on creating buzz and excitement around their products. They use a combination of advertising, public relations, and digital marketing campaigns to generate interest and create a sense of exclusivity. Apple is known for their captivating product launch events that generate media attention and consumer anticipation. Their advertising campaigns highlight the unique features and benefits of their products, emphasizing their premium quality and cutting-edge technology.
Price: Apple positions itself as a premium brand, and their pricing strategy reflects this positioning. Their products are priced higher compared to competitors in the market, emphasizing the value and quality they offer. Apple utilizes a skimming pricing strategy, initially setting higher prices to target early adopters and capture maximum profits. Over time, they may introduce lower-priced models or offer discounts on older versions to appeal to a broader customer base. Despite the premium pricing, Apple's strong brand reputation and perceived value justify the higher price points.
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4. Marsha qualifies for the recovery rebate credit of $500 for Shelby. True are false
Answers
Answer:
The answer is "False".
Explanation:
In this question, the given statement is false because the maximum claim for rewards by Economic Repercussions is \(\$ 1200 \ \ and\ \ \$ 2400\) Return filed in connection with this), plus \(\$ 500\) for children under the CARES Legislation and the Economic Consequences Payment. Consequently, Marsha is liable for Shelby's \($1200\) recovery reimbursement credit.
To have a more positive metaverse experience, it's important to __________________________.
A. check in with yourself to find the right balance
B. interact with everyone in the same experience
C. exit before someone starts connecting with you
D. continue as long as possible without taking a break
Answers
Interacting with everyone in a similar experience is crucial for a more fulfilling metaverse experience. As a result, choice (B) is the proper response.
What is metaverse?In science fiction and futuristic literature, the metaverse is a fictitious version of the Internet that is a single, all-encompassing virtual environment made possible by the usage of virtual reality (VR) and augmented reality (AR) devices. A metaverse is a collection of 3D virtual environments that are mostly utilized for social interaction.
The words "meta" and "universe" were combined to create the phrase "metaverse," which first appeared in the science fiction book Snow Crash in 1992.
Hence, option (B) is accurate.
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An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
n economy has a fixed price level, no imports, and no income taxes. MPC is 0.8, and real GDP is $200 billion. Businesses increase investment by $10 billion Calculate the new level of real GDP and explain why real GDP increases by more than $10 billion. The new level of real GDP is $billion. Real GDP increases by more than $10 billion because the increase in investment O A. increases exports B. O C. O D. induces an increase in consumption expenditure increases the marginal propensity to consume enables firms to produce more output
Answers
Option (c), Real GDP rises by more than $10 billion as a result of the increase in investment, which also causes a rise in consumption.
What is the impact of increased investment on GDP?Due to the creation and sale of physical capital, an increase in business investment directly improves the current level of gross domestic product (GDP) in the short term. Business investment, one of the GDP's most volatile components, has a history of suffering significant quarterly fluctuations.
What causes a rise in real GDP?The real GDP is adjusted to account for increases in inflation. In the case of positive inflation, this suggests that real GDP will be lower than nominal GDP and vice versa. Without accounting for actual GDP, positive inflation significantly raises nominal GDP.
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why teacher want me to take exam
Answers
Answer:
dont know but our state dodge it because we had power and water out so we have about 2 weeks till then i think i know fo sure its in march tho
Explanation:
on january 1, a $1,000,000, 10%, 5-year bond was issued for $970,000. interest is paid semiannually on january 1 and july 1. if the issuing corporation uses the straight-line method to amortize the discount on bonds payable, the semiannual amortization amount is a.$3,000 b.$50,000 c.$6,000 d.$30,000
Answers
Over the life of the bond, the total discount amortization will be $60,000 ($3,000 x 10 periods).
The bond was issued at a discount of $30,000 ($1,000,000 - $970,000). The discount needs to be amortized over the life of the bond using the straight-line method, which means that the same amount of discount is amortized each period.
There are 10 semiannual periods over the 5-year life of the bond. To calculate the semiannual amortization amount, we divide the total discount by the number of periods: $30,000 / 10 = $3,000
So, the semiannual amortization amount is $3,000. This means that on each January 1 and July 1, the company will reduce the bond discount by $3,000 and record an interest expense of $50,000 (10% x $1,000,000 x 6/12). Over the life of the bond, the total discount amortization will be $60,000 ($3,000 x 10 periods).
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Using the straight-line method to amortize the discount on bonds payable, the semiannual amortization amount will be option d.$30,000
To calculate the semiannual amortization amount using the straight-line method, we first need to determine the total discount on the bond. The discount is the difference between the face value of the bond ($1,000,000) and the amount it was issued for ($970,000), which is $30,000.
Next, we need to divide the total discount by the number of semiannual periods in the bond's life, which is 10 (5 years x 2 semiannual periods per year). This gives us an amortization amount of $3,000 per semiannual period.
Therefore, the correct answer is d. $30,000, which is the total amortization amount for one year ($3,000 x 2 semiannual periods per year).
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What can happen if revenue from sales is not matched with the expenses
incurred in making the sales?
OA. The business will make more sales in cash than on account.
OB. The amount shown for Inventory on the balance sheet may be
incorrect.
OC. The profits shown on the income statement may not be correct.
OD. The reported revenue will reflect only sales that were made in
cash.
Answers
If revenue from sales is not matched with the expenses incurred in making the sales The profits shown on the income statement may not be correct.
What can happen if revenue from sales is not matched with the expenses incurred in making the sales?If revenue from sales is not matched with the expenses incurred in making the sales, it can result in incorrect profits being shown on the income statement. This is because the income statement is used to measure the profitability of a business, and it is calculated by subtracting expenses from revenue.
If the revenue and expenses are not matched correctly, the profits shown on the income statement may be overstated or understated, which can lead to incorrect decision making by the management. This can also affect the company's financial statements and the way they are perceived by investors, creditors, and other stakeholders.
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Five years ago Tosev Inc. issued 30-year, $1,000 par value, semi-annual coupon bonds with a coupon rate of 9.10 percent. The bonds originally sold at a price of $1,010.32 per bond. Currently, those bonds have a market price of $1,118.15 per bond. The Chief Financial Officer of Tosev is currently considering issuing new bonds. These bonds will have a par value of $1,000, semi-annual coupon payments, a term of 25 years and a coupon rate of 8 percent. Due to differences in the legal provisions of the bonds, the Chief Financial Officer estimates that the yield to maturity on the new bonds will be one percent higher than the current yield to maturity on the old bonds. Based on the Chief Financial Officer's estimate, what would be the price per bond of the new bonds today?
A. $ 817.44
B. $ 896.67
C. $ 901.19
D. $1,000.00
E. $1,118.15
Which of the following statements is most correct?
A. If a bond's yield to maturity exceeds its annual coupon rate, then the bond will be trading at a premium.
B. If interest rates increase, the relative price change of a 10-year coupon bond will be greater than the relative price change of a 10-year zero coupon bond.
C. If a coupon bond is selling at par, its current yield equals its yield to maturity. (Hint: a bond's current yield equals annual coupon payment divided by current price).
D. Both a and c are correct.
E. None of the answers above is correct.
Answers
---------------------Explanation:
At which stage of the product life cycle are product sales always zero?
Answers
Answer:
Explanation:
Answer:
Introduction
Explanation:
The Product Life Cycle is a term used to refer to the lifespan of a product. Beginning from the introduction of the product to the market, the product grows into maturity and ultimately leads to the death/decline of the product.
There are four stages of the Product Life Cycle:
IntroductionGrowthMaturityDeclineThe stage in which the product sales are always zero is the introduction of the product to the market. When a product is introduced to the market, the product sales are always zero. It is after consumers become familiar with the product that its sales increase.
Therefore, the introduction stage is the correct answer.