Answer:
True
Explanation:
The given statement asserts a true claim that 'having a sole proprietor in a business mars the growth and expansion of the business' and the primary reason behind this is that his/her ability to upraise funds for further expansion is limited but the liability is unlimited. It restricts the person to enhance the business. Secondly, it is extremely difficult for a single individual to manage employees, day-to-day responsibilities, paying debts, etc. and this is why the life of most of such businesses are very short except for a few. Thus, the assertion is true.
The equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and higher than in perfectly competitive markets. lower than in monopoly markets and higher than in perfectly competitive markets. higher than in monopoly markets and lower than in perfectly competitive markets. lower than in monopoly markets and lower than in perfectly competitive markets.
Answer:
higher than in monopoly markets and lower than in perfectly competitive markets.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. Market control by many small firms.
III. Difficult entry to new firms.
An equilibrium quantity can be defined as a situation in which there are no surplus or shortage of finished goods in the market.
This ultimately implies that, there is an intersection between demand and supply i.e the amount of goods and services that the consumers are willing to buy is equal to the amount of goods and services that the producers are able and willing to supply at a specific period of time.
Hence, the equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes.
In a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Dark colors in clothes are encouraged rather than bright colors, or patterns.
True
False
Answer:
true
Explanation:
Rick works off commission. He earns 10 percent of all manufacturing equipment he sells. If he made a sale of $9,000, how much was his commission?
$100
$90
$900
$9,000
Answer:
C. $900
Explanation:
Divide your 9000 by 10 and theres your answer 900
The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this product for last year appear below: Sales $ 942,000 Variable expenses $ 415,000 Fixed manufacturing expenses $ 356,000 Fixed selling and administrative expenses $ 263,000 All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $217,000 of the fixed manufacturing expenses and $128,000 of the fixed selling and administrative expenses are avoidable if product D74F is discontinued. What would be the financial advantage (disadvantage) from dropping product D74F
Answer:
Financial disadvantage from dropping = $(182,000)
Explanation:
A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.
In a shut down decision , the following relevant cash flows should be considered:
1. Lost contribution from the product to be shut down
2. Savings in fixed directly attributable to the product under consideration.
So, we will apply these principles as follows:
Lost contribution from the product to be shut down:
(942,000-415,000) (527,000)
Savings from fixed direct fixed cost:
(217,000+128,000) 345,000
Net loss contribution (182,000)
Financial disadvantage from dropping = $(182,000)
. To reduce the effects of headlights glare at night you should look:
a. straight ahead
b. over your shoulder
C. at the center of the road
d. to the right edge of the road
Answer d
Explanation Aceable
Answer:
look to the right
Explanation:
You drink 19 beers to celebrate the end of your risk management and insurance class, then have an accident while driving home from the bar. The police charge you with drunk driving, and with hitting another automobile from behind. What will your automobile insurer do when you file a claim for the damage to your car, and, what will it do when the injured people in the other car file claims to have their bodily injuries paid for
Answer: The insurer will pay for claims that was insured for or that which the insurance package covers.
Explanation:
Insurance could be described simply as a cover for damages done either in the present or future to be able to curb losses. Insurance companies offer various packages or insurance covers to the client, ranging from house, to cars and other various insurance cover. The insurance company will pay the claim for the accidents but this would be based on the particular claim that was insured for because the Insurance company won't pay for claim that wasn't insured, it would be a loss on their side
Victor is calling on Meridian Cabinetworks. His goal is to sell it a customized profile sander valued at about $3,500. He'd be willing to accept a Meridian purchase of one his firm's ready-made sanders, which sell for $2,000. Victor would really like to get the owner of Meridian to use the sander and to provide his company with a testimonial to help him get sales call appointments with other local wood workers. For Victor, the sale of the less expensive ready-built profile sander is his:
A women sells a bead bracelet she made. She sold it to her sister.
Answer:
Is that the question????
Explanation:
If your asking a question a can you put the whole question.
Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."
What is the meaning of Money?Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.
Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.
Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.
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The cash price for a stereo system is $900. You choose to buy it on credit and give a $100 down payment, and the balance due is 24 equal payments of $42. Installment Total= $Total of Payments + Down Payment What is the total installment price?
Answer:
$ 1108 is the total installment price
Explanation:
Cash price for a stereo system = $900
Down payment made to buy stereo on credit = $ 100
Remaining amount after paying down payment = $900 - $100 = $ 800
Installment Total= $Total of Payments + Down Payment
Installment Total= $ 100 + 24 * $42 =$ 1108
Which method of payment actually is a form of borrowing money that
needs to be paid back later?*
5 points
O a. Cash
b. Credit Card
O c. Debit Card
O d. Check
Answer:
B. Credit Card
Explanation:
hope this helped
Submit Test 2 Select the correct answer. Martha has recently Jolned a finance firm. She barely requires any supervision or help to perform her work efficiently. Which expectation of her employer does Martha fulfill in the given scenario? ΟΑ. she malntalns professional decorum OB. she is self-motivated she is a team player OD she is reliable
Answer: She is self-motivated
Explanation: Right on Plato
Answer:
B. She is self-motivated
Explanation:
got it right on plato
Which of these describes information that can appear in a consumer’s credit report?
A. The name of a company that gave the consumer a car loan two years ago
B. The amount of money that the consumer loaned to a family member
C. The amount of money the consumer will need to borrow in the next five years
D. The name of a store where the consumer pays cash for all purchases
Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
1. Kwan's annual premium is $1,284.00. He has the choice of paying semi-annually for a $1.00 fee or quarterly for a $2.00 fee. What is his quarterly payment? Is it twice the amount ?
The Alston Inn is managed by Inns, Inc. The management contract requires 6 percent of total revenue to be transferred to the replacement reserves to cover future renovations and equipment replacements. Alston Inn's debt service payment is $10,000 per month. The lodging property has 200 guestbooks, an ADR of $100, and a paid occupancy of 70 percent. Its room revenue is 70 percent of its total revenue and its net operating income is 15 percent of its total revenue. 1.) Determine the Inn's annual total revenue. 2.) Determine the Inn's annual net operating income. 3.) Determine the Inn's debt service coverage ratio for the year.
Answer:
1.) Inn's annual total revenue = $7,300,000
2.) Inn's annual net operating income = $1,095,000
3.) Inn's debt service coverage ratio for the year = 9.13
Explanation:
The room revenue is first calculated as follows:
Room revenue = Number of guestrooms * ADR * Percentage of occupancy * 365 days = 200 * $100 * 70% * 365 = $5,110,000
We can now proceed as follows:
1.) Determine the Inn's annual total revenue.
Annual total revenue = Room revenue / Paid occupancy percentage = $5,110,000 / 70% = $7,300,000
2.) Determine the Inn's annual net operating income
Annual net operating income = Total revenue * 15% = $7,300,000 * 15% = $1,095,000
3.) Determine the Inn's debt service coverage ratio for the year.
Debt service coverage ratio = Net operating income / Annual debt service = $1,095,000 / ($10,000 * 12) = 9.13
Why is opening a franchise often considered lower risk for an entrepreneur than setting up a new business?Please help me will give brainliest!
Answer:
The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners
Explanation:
Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."
Other benefits to derived include:
1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.
2. The franchisee's management abilities can be enhanced without extra cost
3. Transactions established on proven and famous brands.
who needs help with your work? if you need help just tell me in the thang blow.
Answer:
Not me.
Explanation:
Have a nice day.
An article in the New York Times about J.C. Penney's pricing strategy under former CEO Ron Johnson observes: "Penney had pulled up the anchor, only to see many of its customers sail away." Source: Stephanie Clifford and Katherine Rampell, "Sometimes We Want Prices to Fool Us," New York Times, April 13, 2013. In behavioral economics, an "anchor" is A. linking the price of one product to another product. B. relating an unknown value or price to another similar known value or price. C. setting the highest possible price for a product. D. setting the lowest possible price for a product.
Answer:
B. relating an unknown value or price to another similar known value or price.
Explanation:
Anchoring is the term used to describe a phenomenon where individuals after being exposed to a particular figure (in this case a price) tend to subsequently use that figure as a reference point.
Thereby fixing of future prices will be biased towards this figure.
In this instance an anchor was in place and kept the customers loyal. But when Penney pulled up the anchor, many of the ccustomerswent away.
What are two ways a consumer may purchase an item on credit other than by hire purchase method?
Answer:
A person using a credit card. He uses the credit card to pay for goods and services, then he repays the credit card company at a future date.
One type of installment closed-end credit is a car loan. The car company offers the consumer credit to buy the car. The credit does not extend beyond the sales price of the car. In addition, the person pays the credit in installments over a period of time instead of paying it back in one lump sum.
Explanation:
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
please help
Answer:
2. What is a hospitality manager?
In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.
3. First, find a good mentor
second Be selective in your hiring
third Focus on leadership, not management
fourth Communicate, communicate, communicate
fifth Listen to your guests
sixth Keep learning
Explanation:
Hope this helps...
What does it mean to short, or sell short a stock
Answer:
One way to make money on stocks for which the price is falling is called short selling (or going short). Short selling is a fairly simple concept—an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender. Short sellers are betting that the stock they sell will drop in price.
Explanation:
Hope it helps
14 Select the correct answer. Which marketing strategy is the most effective in the modern era? O A relationship marketing B. marketing mix OC. relationship marketing combined with the marketing mix D. considering the short-term Interests of society E. customer service Reset Next
Answer:
the modern era? A. relationship marketing B. marketing mix C. relationship … ... mix. D. considering the short-term interests of society. E. customer service. 2.
The accumulated benefit obligation measures Group of answer choices the level cost that will be sufficient, together with interest to provide the total benefits at retirement. the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels. the pension obligation on the basis of the plan formula applied to years of service to date and based on future salary levels. the shortest possible period for funding to maximize the tax deduction.
Answer:
the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels
Explanation:
Accumulated benefit obligation (ABO) is the nearest amount that represent the liability pension plan of the company for the time period. It is predicted and depend upon the assumption that the pension plan would be ended on instant basis also it would not considered any increment in the future salary
So according to the options given, it would determined the pension obligation that based upon the plan formula and the same would be applied to service years also it would be depend upon the existing level of salary
can someone help with my accounting paper?
sure.. where is it? can u show?
If possible it is important to thank everyone you met at the company as you leave.
True
False
Answer:
true, always stay positive thank you you deserve more this for 50 points? that's amazing keep it up!
Explanation:
Answer:
False
Explanation: that would be exhausting. But for interviews it would be wise to thank them
To determine what the customers of a clothing store think about the variety of clothing sold in the store, a manager hands out a survey to 100 teenagers chosen at random who visited the store.
Which of the following could affect the outcome of the survey?
A. The survey is biased because the manager did not give the survey to teenagers at other stores.
B. The results could be flawed because the sample population was too large.
C. The results could be flawed because the sample is not a good representation of the store's customers.
D. The results could be flawed because the teenagers were randomly chosen
Answer:
C. The results could be flawed because the sample is not a good representation of the store's customers.
Explanation:
I just took the quiz, I hope this helps (:
The results could be flawed because the sample is not a good representation of the store's customers because it onlu says only a manager hands out a survey to 100 teenagers chosen at random who visited the store.
What do you mean by Sample?A sample is an unbiased visual value taken from humans. In simple terms, a population is the total number of observations (i.e., people, animals, objects, data, etc.) contained in a particular group or context.
Thus, Option C is the correct statement that is The results could be flawed because the sample is not a good representation of the store's customers.
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Does anyone think im attractive just wanna know lol
Answer:
yes
Explanation:
Answer: yep you are!
Explanation:
Lyon Company had the following transactions: Apr. 8 Issued a $6,000, 60-day, six percent note payable in payment of an account with Bennett Company. May 15 Borrowed $40,000 from Lincoln Bank, signing a 60-day note at nine percent. Jun. 7 Paid Bennett Company the principal and interest due on the April 8 note payable. Jul. 6 Purchased $14,000 of merchandise from Bolton Company; signed a 90-day note with ten percent interest. Jul. 14 Paid the May 15 note due Lincoln Bank. Oct. 2 Borrowed $30,000 from Lincoln Bank, signing a 120-day note at nine percent. Oct. 4 Defaulted on the note payable to Bolton Company. Required a. Record these transactions in general journal form. b. Record any adjusting entries for interest in general journal form. Lyon Company has a December 31 year-end. Round answers to nearest dollar. Use 360 days for interest calculations.
Answer:
Lyon Company
General Journal with adjusting entries for interest expense:
Date Account Titles Debit Credit
Apr. 8 Accounts payable
(Bennett Company) $6,000
6% Note payable (Bennett Company) $6,000
To record the issuance of a 60-day note at 6% interest.
May 15 Cash $40,000
9% Note payable (Lincoln Bank) $40,000
To record the issuance of a 60-day note at nine percent.
Jun. 7 6% Note payable
(Bennett Company) $6,000
Interest expense $60
Cash $6,060
Jul. 6 Inventory $14,000
10% Note payable (Bolton Company) $14,000
To record the purchase of inventory by issuing a 90-day note.
Jul. 14 9% Note payable
(Lincoln Bank) $40,000
Interest expense $600
Cash $40,600
To record the full settlement of the note with interest.
Oct. 2 Cash $30,000
9% Note payable (Lincoln Bank) $30,000
To record the issuance of a 120-day note at 9% interest.
Oct. 4 10% Note payable
(Bolton Company) $14,000
Interest expense $350
Accounts payable (Bolton Company) $14,350
To record the default on payment of the note payable.
Explanation:
a) Data and Analysis:
Apr. 8 Accounts payable (Bennett Company) $6,000 6% Note payable (Bennett Company) $6,000 60-day
May 15 Cash $40,000 9% Note payable (Lincoln Bank) $40,000 a 60-day note at nine percent.
Jun. 7 6% Note payable (Bennett Company) $6,000 Interest expense $60 Cash $6,060
Jul. 6 Inventory $14,000 10% Note payable (Bolton Company) $14,000 a 90-day note
Jul. 14 9% Note payable (Lincoln Bank) $40,000 Interest expense $600 Cash $40,600
Oct. 2 Cash $30,000 9% Note payable (Lincoln Bank) $30,000
a 120-day note
Oct. 4 10% Note payable (Bolton Company) $14,000 Interest expense $350 Accounts payable (Bolton Company) $14,350
During the forming stage team members meet one another and determine team goals. False True
Answer:
True
Explanation:
how come ethics impact on psychology
Answer:
Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.
Explanation:
Discuss intellectual property frankly.
Be conscious of multiple roles.
Follow informed-consent rules.
Respect confidentiality and privacy.
Tap into ethics resources
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Which questions should Robert ask himself before investing the $10,000 he inherited? Select four options.
How am I protected as an investor?
Are my friends investing in a similar way?
What guarantees are in place so I make money?
What taxes will I have to pay on this investment?
How do the risks compare to the potential gains?
What are the chances that the investment will fail?
(only 4 options)
Answer:
the answers are 3,4,5,6
What guarantees are in place so I make money?, What taxes will I have to pay on this investment?, How do the risks compare to the potential gains? and What are the chances that the investment will fail? are the questions should Robert ask himself before investing the $10,000 he inherited. Hence, option C, D, E and F are correct.
What is investing?Investing is the practice of buying assets that increase in value over time and provide returns in the form of income checks or capital gains. Investment can also be used more broadly to refer to spending time or resources to improving your own or others' life.
To invest, you put money into a fund or account with the goal of making a profit. Investing may result in larger returns over time (which may also involve more risk). Because of this, some individuals use investing to fulfill long-term goals like retirement.
Any strategy that generates prospective future income can be referred to as an investment. Purchasing securities like bonds, stocks, or real estate is one example of this.
Thus, option C, D, E and F are correct.
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