Answer:
Current Ratio 1.05
Receivable turnover days 129 days
Days to collect 2.83
Inventory Turnover days 38 days
Days to sell 9.61
Explanation:
Current Ratio : Total Current Assets / Total Current Liabilities
Current Ratio : 8,250,030 / 7,830,300 = 1.05
Receivable turnover days : ( Accounts Receivable / Total Sales ) * 365 days
Receivable turnover days : ( 4,730,000 / 13,340,300 ) * 365
Receivable turnover days : 129 days
Days to collect : 365 days / Accounts receivable turnover days
Days to collect : 365 / 129 days = 2.83
Inventory turnover days : ( Inventory / Cost of goods sold ) * 365
Inventory turnover days : ( 938,360 / 8,914,195 ) * 365
Inventory turnover days : 38 days
Days to sell : 365 days / Inventory turnover ratio
Days to sell : 365 / 38 days = 9.61
refer to exhibit 3-9. a severe recession has sharply decreased the incomes of consumers. knowing that x is a normal good, you expect a movement in the market for x from
A severe recession has sharply decreased the incomes of consumers. knowing that x is a normal good, you expect a movement in the market for x from B to A.
The term "recession" is used in economics to describe the economic downturn brought on by a reduction in supply or demand. The production, employment, and income of domestic economies generally diminish, which in turn results in additional drops in demand and investment, lengthening the recessive process. Because of this, when demand or production falls, the recession tends to last longer, deepen, and speed up, signalling that the affected nation's domestic economy will be in decline.
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It is not unusual for a company to be more ____ in its youth and to age toward ____ when it has market share, sales, and customers to protect
It is not unusual for a company to be more aggressive in its youth and to age toward conservative when it has market share, sales, and customers to protect.
What does the word "market" mean?The exchange of products and services can take place more easily when buyers and sellers can connect in a market. Markets can exist in the real world, like a physical store, or online, like an e-retailer.
The market crash has already occurred.Since those changes, there have been roughly seven-year-long stock market crashes in 2000, 2008, and 2020, with the coronavirus being responsible for the fall in 2022. Why Do Markets Crumble? The reasons why markets crash might vary. The stock market plummeted as a result of outside factors, for instance, in 2022 and 1973.
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Your car broke down while you were driving to class one morning. You took it to the nearest service center and were told by the mechanic that you need to pay S500 for the repair. You are confused whether or not to trust him. If you do not trust him, you have to take it to another service center, which is far away and inconvenient. If you trust him, he can either cooperate or defect (do an honest job or not). If he does an honest job, both of you will gain from the trade. If he does not do an honest job, he will gain $500 while you will lose your money. Clearly, he will gain more by defecting rather than cooperating with you Refer to the scenario above. Which of the following is likely to happen if the service center has a reputation of trustworthiness? O You will trust the mechanic and he will cooperate. You will trust the mechanic but he will defect. Neither of you will gain from trade, Only the mechanic will gain.
The mechanic will collaborate because you will believe in him.
Why is cooperation crucial?Assuming responsiblity for collaborative work and respecting the thoughts and contributions of each team member from a position of strong self-identity, cooperation demonstrates the capacity to work respectfully and effectively Concessions should be made, consensus should be reached during decision-making, and consensus should be built with various people or teams.
Why is cooperation necessary?Greater learning, emotional maturity, and a strong sense of personal identity have all been linked to cooperative behavior. Participants frequently develop greater mental flexibility and a greater desire to come up with original answers. Enjoyment, self-assurance, and a sense of worth are the outcomes.
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47. Shauna received a distribution from her 401(k) account this year. In which of the following situations will Shauna be subject to an early distribution penalty?
A. Shauna is 60 years of age but not yet retired when she receives the distribution.
B. Shauna is 58 years of age but not yet retired when she receives the distribution.
C. Shauna is 56 years of age and retired when she receives the distribution.
D. Shauna is 69 years of age but not yet retired when she receives the distribution.
When Shauna receives the distribution, she is 58 years old but not yet retired.
What exactly do you mean by "account"?
A document of credit and debit entries covering transactions involving a specific item (such as money or account receivables) or a specific person or concern.
What Are the Different Types of Savings Accounts?
Account for checking. Consider a checking account to be your "everyday account." It's a place where you keep money that you can use to pay bills or cover day-to-day expenses.Account for Savings.Account for Money Market.Deposit Certificate (CD).To know more about Accounts visit:
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Stock a has a beta of 0.5, and investors expect it to return 5%. stock b has a beta of 1.5, and investors expect it to return 13%. use the capm to find the market risk premium and the expected rate of return on the market. note: enter your answers as a whole percent.
The equity premium is the difference between the risk-free rate and the average return on stocks. According to Edward Prescott's equity premium puzzle, the observed equity premium cannot be justified by investors' possible risk aversion.
The following is how the CAPM calculates an asset's expected return:
The expected return is equal to the risk-free rate, beta, and market risk premium.
What makes equity premium a conundrum?Due to investor risk aversion, it is difficult to explain why the returns on equities have been significantly higher on average than those on Treasury bonds, resulting in the equity premium.
Who came up with the equity premium jigsaw?The literature that Mehra and Prescott started 20 years ago is now referred to as the "equity premium puzzle."
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the systems model of change can be used to diagnose what to change, but other models must be used to determine how to evaluate the success of a change effort.
The systems model of amendment is wont to diagnose what to vary, however alternative models should be wont to confirm a way to assess the success of a amendment effort.
McKinsey 7S model was developed by Henry Martyn Robert boatman and Tom Peters throughout early Nineteen Eighties by the 2 consultants McKinsey Consulting organization. The model could be a powerful tool for assessing and analyzing the changes within the internal scenario of a company.
Create mechanism that helps determine the internal scenario of deviations from desired results, monitor outcomes and appearance for conflicts that indicate what has to amendment. Increase in performance and productivity isn't a signal of worker resistance to vary.
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Under the doctrine of stare decisis, courts are obligated to follow the precedents established in their jurisdictions unless there is a compelling reason not to. Should U.S. courts continue to adhere to this common law principle, given that our government now regulates so many areas by statute?
In general, judges are required to follow the precedents established by other judges in their jurisdictions who have rendered similar decisions. But a judge is not always required to decide in the same way that other judges have.
Why do judges adhere to stare decisis?According to the stare decisis theory, following precedent is the best course of action because it encourages the fair, predictable, and consistent development of legal principles, encourages reliance on court decisions, and supports the actual and perceived integrity of the judicial process.
During King Henry II's rule in England in the twelfth century, the stare decisis theory first appeared. Henry commanded that English "common law" be categorized based on national traditions. Judges now have the power to use earlier verdicts as precedent for more recent ones, thanks to this reform. As a result, numerous regional traditions were incorporated and stabilized into a single efficient legal system.
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FILL IN THE BLANK the securities exchange act of 1934_____ lessens the paperwork burden on brokers and dealers, encouraging them not to keep records of their activities or file reports with the securities and exchange commission.
The Securities Exchange Act of 1934 regulates the securities markets, with the main intent being to prevent fraud and manipulation. It also created the SEC as the regulatory authority over the markets and market participants.
What do you mean by security?
In the United States of America, secondary trading in securities is governed by the Securities Exchange Act of 1934. The Act of '34 and related acts, a major piece of comprehensive legislation, serve as the cornerstone for regulating the financial markets and those who participate in them in the United States.To prohibit unfair and unethical practices on such exchanges and markets, and for other objectives, to provide for the regulation of securities exchanges and over-the-counter markets operating in domestic, international, and postal commerce.To know more about Security here
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Goldstar Investments has just learned that it is being sued for securities fraud. After gathering information and confirming the lawsuit, what should top management at Goldstar do next?
After gathering information and confirming the lawsuit, top management at Goldstar should inform all Goldstar employees either personally or via electronic messages.
Is filing a lawsuit same to suing?A person is sued using their legal name and any aliases when a lawsuit is filed against them. You also require the address of the person. By reviewing whatever documentation you may have regarding the legal dispute, it is frequently simple to obtain this information if you do not already have it.
What does a lawsuit aim to accomplish?By bringing a lawsuit, you can demand compensation for any losses or harm—physical or emotional—that you may have suffered as a result of the other party's acts. You, the one making the claim, will be referred to as the plaintiff, and the party you are suing will be referred to as the defendant.
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Which of the following Shopping campaign goals would you choose if your aim was to engage with shoppers who are close to making a purchase decision?
Lead
Awareness
Website traffic
Sales
Out of the choices provided above, it can be concluded that a sales campaign for the shopping would be chosen if the aim is to engage with the shoppers who are close to making a purchase decision. Therefore, the option D holds true.
A sales campaign can be referred to or considered as a form of campaign wherein the main focus of the organization is to drive the sales through customer engagement. A sales campaign is run specifically with an intention of converting the sales with the customers who are close to making a decision of purchasing the a product.
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Assuming that you are going to start a small business in a promising industry of your mother country. Please write a thesis on your start-up company, which should show your applications of the knowledge learned in this class. It should have some brief description about the four functions of management, i.e., Planning, Organizing, Leading and Controlling, in your company. Besides, you should address some specific issues, such as (but not limited to) the following issues:
(1) Strategies for growing your business,
(2) Goals of your company,
(3) Organization structure of your company,
(4) Plan to get the talented employees,
(5) Plan to lead your employees,
(6) Plan to develop effective groups,
(7) Ways of managing innovations and changes in your company,
(8) Operations management issues,
(9) Other management issues, which are important for your start-up company
and are relevant to our Business Foundation class.
Other requirements: 2000 – 3000 words. Absolutely no plagiarism. At least one Illustration figure and one Table is needed. Be careful about the format and structure of the final thesis.
It's thrilling and difficult to launch a new firm in a promising sector. To guarantee the company's success, meticulous planning, good organization, powerful leadership, and efficient control are necessary. This thesis argues .
What is Planning and Leading ?Planning:
Step: We'll concentrate on a few crucial tactics in order to accomplish this goal. First, we'll set ourselves apart from the competition by providing special and avant-garde products that cater to our target demographic. By delivering outstanding customer service and support, we will also put a lot of effort into cultivating long-lasting connections with our partners and clients.
As a result, we will be able to respond swiftly to shifting market conditions.
We will provide competitive salary packages and a supportive work environment in order to draw in and keep top people.
Leading
, it takes meticulous preparation, effective organization, powerful leadership, and effective control to launch a small business in a promising sector. I am convinced that by putting the information taught in this Business Foundation class to use, my start-up business will be well-positioned to attain sustainable .
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TRUE/FALSE. arlin owns a firm that specializes in producing and marketing cosmetics and hair care products. in thinking about a portfolio assessment for his company, and in considering his firm's strategy, arlin needs to take a narrow view - one that looks at specific products, or possibly a single product line.
Arlin owns a firm that specializes in producing and marketing cosmetics and hair care products. in thinking about a portfolio assessment for his company, and in considering his firm's strategy, arlin needs to take a narrow view - one that looks at specific products, or possibly a single product line.
The statement is False.
Portfolio assessments are collections of student work rather than a specific kind of assessment item. In order to pass a portfolio assessment, students or teachers must compile examples of their work that demonstrate improvement over time.With the help of portfolio assessments, students can reflect on their actual performance, identify their areas of strength and weakness, track their growth throughout the learning process, and be prompted to take ownership of their education.To know more about Portfolio here
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Mira and Marie sell computers. Last month Mira sold 16 more computers than Marie. Together they sold 56. How many computers did Marie sell?
The number of computers that Marie sold, given the number of computers that they both sold, can be found to be 20 computers
How to find the number of computers sold ?The number of computers sold together would be :
Computers sold together = Number sold by Marie + Number sold by Mira
Assuming the number sold by Marie is x, the formula would be :
56 = x + ( 16 + x )
The number sold by Marie is:
56 = x + ( 16 + x )
56 = 2x + 16
2x = 56 - 16
x = 40 / 2
x = 20
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At the end of business on September 1, the total displayed on the cash register tape shows $1,059 of cash sales for the day. However, when th clerk and the supervisor count the cash in the register, the count reveals that $1,050 was actually collected from customers. Complete the following journal entry by selecting the account names and dollar amounts from the drop-down menus
The following journal entry by selecting the account names and dollar amounts from the drop-down menus is Cash $1050, Cash Over and Short $9 and Sales $1059.
Ryder Carroll, a designer, created a personal organisation system called a bullet journal. A single notebook is used by the system to keep track of scheduling, reminders, to-do lists, brainstorming, and other organizing chores.
The term "bullet journal" refers to a method of recording information using short bullet points, while it also partially derives from the use of dot diaries, which employ dots rather than lines for gridding. Since the original bullet journal technique was introduced, the internet community has transformed the bullet journal into a variety of various styles, including minimalistic, creative, doodle, super-organized, and scrapbook.
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According to the New Classical economists, which of the following more than likely caused housing prices to fall after the media reported about the subprime mortgage crisis? O neoclassical theory O cyclical expectations O rational expectations
D).Rational Expectations most likely caused housing prices to fall after the media reported on the subprime mortgage crisis.
Rational Expectations Theory is a branch of New Classical Economics that holds that people form their expectations about the future based on their understanding of the current economic environment. This theory states that people will make decisions based on their expectations of the future, rather than on past experiences.
In this case, when the media reported about the subprime mortgage crisis, people would have become aware of the risks associated with investing in the housing market and would have formed expectations that housing prices would fall.
As a result, people would have been less likely to invest in the housing market, leading to a decrease in demand and a subsequent decrease in housing prices. Therefore, the correct option is d.
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Think about a well-known company that you buy products/services from. Create a one-page document where you discuss how each risk (strategic, compliance, operational, financial, reputational) may affect the company and provide one example for each.
Th risk management strategies include identifying & assessing the possible threats and mitigate them such as strategic, compliance, operational, financial, reputational which certainly hamper the company's ability to survive in long-run.
What is risk?Someone or Something that poses a risk or causes the potential for loss or the dangers to an contract's coverage. or occurrence or likelihood of such a loss is termed as risk. Further as a "combination of the probability of an event and its repercussions," the risk would be described.
However business risk is the potential for a firm or organization to have lower earnings or failure. A business risk is anything that compromises a company's capacity to meet its financial objectives.
Further Market risk, credit risk, operational risk, strategic risk, liquidity risk, and event risk are just a few of the categories into which risks can be divided. One of the risk categories with the highest priority for every firm is financial risk. Financial risk is a result of market fluctuations, which can be influenced by a variety of causes.
Thus risk management strategies help to identifying & assessing the possible threats and mitigate them such as strategic, compliance, operational, financial risk etc.
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Jin, age 29, is beginning to contemplate his financial future. Right now, he lives in a metro city where he has to walk to work. Although he loves the excitement of the city, he wants to buy a van as he has always dreamed of becoming a digital nomad. His goal is to begin saving for this objective right away. Jin has identified three possible portfolios that might be appropriate choices as he begins investing to reach his objective. Each portfolio consists of the following stocks, bonds, and cash assets. I Portfolio A 10% cash Portfolio B 15% cash Portfolio C 20% cash 20% bonds 40% bonds 50% bonds 70% stocks 45% stocks 30% stocks Assume that the average return of each asset is as follows: Stocks 10%, bonds 5%, and cash 2%. Portfolio A Portfolio B Portfolio C Asset Rate of Class Asset Weighted Return Asset Weighted Allocation Return¹ Asset Weighted Return¹ Allocation Allocation Return¹ Cash 2% 10% (a) 15% (d) 20% (g) Bonds 5% 20% (b) 40% (e) 50% (h) Stocks 10% 70% (c) 45% (f) 30% (i) Portfolio Return² (1) (11) *Note1¹: Weighted Return (Asset Class Rate of Return) x (Asset = Allocation) Note2: Portfolio Return = Sum of Portfolio's Weighted Return. 1. Calculate the weighted average rate of return for each portfolio. Which of the following is correct? (Hint: you need to calculate weighted returns of (a)-(i). Then identify portfolio returns of (1), (II), and (III)). Portfolio A: 8.2%, Portfolio B: 6.8%, Portfolio C: 5.9% Portfolio A: 8%, Portfolio B: 6.4%, Portfolio C: 5.4% Portfolio A: 7 %, Portfolio B: 4.5%, Portfolio C: 3% Portfolio A: 7.3%, Portfolio B: 6.3%, Portfolio C: 5.45%
Portfolio A is 8.2%, Portfolio B is 6.8% and Portfolio C is 5.9%. It is calculated by weighting the return of each asset in the portfolio by its proportion of the portfolio's total value, and then adding up these weighted returns.
How to calculate weighted average rate of return ?To calculate the weighted average rate of return for each portfolio, you need to multiply the rate of return for each asset class by its allocation in the portfolio and then add up the results to get the portfolio's weighted average rate of return.
For Portfolio A:
The weighted return for cash is (2% * 10%) = 0.2%
The weighted return for bonds is (5% * 20%) = 1%
The weighted return for stocks is (10% * 70%) = 7%
The total weighted average rate of return for Portfolio A is (0.2% + 1% + 7%) = 8.2%
For Portfolio B:
The weighted return for cash is (2% * 15%) = 0.3%
The weighted return for bonds is (5% * 40%) = 2%
The weighted return for stocks is (10% * 45%) = 4.5%
The total weighted average rate of return for Portfolio B is (0.3% + 2% + 4.5%) = 6.8%
For Portfolio C:
The weighted return for cash is (2% * 20%) = 0.4%
The weighted return for bonds is (5% * 50%) = 2.5%
The weighted return for stocks is (10% * 30%) = 3%
The total weighted average rate of return for Portfolio C is (0.4% + 2.5% + 3%) = 5.9%
Therefore, the correct answer is Portfolio A: 8.2%, Portfolio B: 6.8%, Portfolio C: 5.9%.
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Which of the following statements is true regarding Laura, an individual taxpayer who dies in 2022 with a gross estate of $10,000,000?
Answer: I hope Laura had a trust account for loved ones left behind.
Explanation: Because no one can touch her estate. Trust accounts are handed down to designated family members, i.e., money, property, valuables, etc., That way, wealth stays within the family designated and the State has no say so.
The statement which true regarding Laura, an individual taxpayer who dies in 2022 with a gross estate of $10,000,000 is - "No estate tax will be due if Laura has no prior year transfers". Thus, option first is correct.
What is taxpayer?A taxpayer is someone or something that has to pay taxes. Modern taxpayers may have an identification number, which is a governmental reference number assigned to people or corporations. The term "taxpayer" frequently refers to someone who pays taxes.
If Laura had no prior year transactions, no estate tax will be required under existing tax regulations.
Single taxpayer estates enjoy a baseline exemption of $11.58 million from 2018 to 2025. The basic exemption for married taxpayer estates is $22.36 million. This indicates that if Laura's estate made no transfers in previous years, her estate would be less than the exemption threshold of $11.58 million, and no estate tax would apply.
In conclusion, there would be no estate tax.
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T/F when making a decision in the presence of uncertainty, decision makers should only be interested in the average, or expected, outcome.
When making a decision in the presence of uncertainty, decision makers should only be interested in the variability of possible outcomes.
What sort of variation would that be?The range, or the difference between a set's greatest and lowest scores, is a straightforward way to assess variability. Drug B's range is 10 and Drug A's range is 40 (100-60) in the case above (85-75). This demonstrates that the ratings for Drug A are more evenly distributed than those for Drug B.
What factors contribute to statistical variation?Variance, which is used in statistics, is a measurement of deviation from the mean or average. It is determined by subtracting each value from the data set's mean, squaring those differences to make them positive, dividing the sum of the squares by the total number of values in the data set.
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Which measure is an evaluation of a company’s ability to pay current liabilities?
(a) Accounts receivable turnover.
(b) Current ratio.
(c) Both (a) and (b).
(d) None of the above.
The correct option is (c) Both (a) and (b). The current ratio is a measure of a company's ability to pay its current liabilities, which are debts that must be paid within one year.
What is current liabilities?Current liabilities are short-term financial obligations that a company is obligated to pay within one year. They include accounts payable, accrued liabilities, taxes payable, short-term debt, and any other obligations that a company is expected to pay within the current fiscal year. Current liabilities are typically found on a company’s balance sheet and are reported separately from its long-term liabilities. Companies must pay current liabilities in order to remain fiscally healthy and keep the business running. It is important to note that current liabilities should not be confused with long-term liabilities, which are obligations that must be paid over a longer period of time.
Accounts receivable turnover is an efficiency ratio that measures how quickly the company collects its receivables. Both measures are important indicators of a company's ability to pay current liabilities.
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Consider the labor market for hairstylists in two small towns, each with only one hair salon, such that the owners of the salons have monopsony hiring power for hairstylists. The following graphs depict the labor supply, marginal expense (MÐ, or more generally, marginal resource cost, MRC) of labor, and labor demand in these markets.
In two small towns, salon owners have monopoly power, meaning they are the only employers in the market. As a result, the supply of labor is determined by the wages offered by salons, while the demand for labor is determined by the number of haircuts salons can provide.
In both cities, the marginal resource cost (MRC) is higher than the offered wages, which means that salons are not maximizing their profits by hiring all available labor. This is due to the monopsony power of salons, as they are able to set wages below the marginal resource cost of hiring labor. Salons are therefore able to capture part of the surplus for themselves, rather than handing it over to hairdressers.
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the world bank multiple choice is also known as the international monetary fund (imf). lends money to developing nations for basic infrastructure projects such as dams, irrigation, health and sanitation, communications, and transportation. is an affiliate of the world trade organization (wto). provides subsidies to private firms so they can improve their wages and working conditions.
The world bank lends money to developing nations for basic infrastructure projects such as dams, irrigation, health and sanitation, communications, and transportation. Option B
What is the function of the world bank?The World Bank Group works to boost the private sector in developing nations while simultaneously giving governments financial support, policy recommendations, and technical assistance.
187 nations control the World Bank, an agency for global development. Its job is to fight poverty by giving loans to the governments of its less wealthy members to help them develop their economies and raise the living standards of their citizens.
One of the greatest global providers of finance and expertise for developing nations is the World Bank Group.
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assume that a firm is hiring labor in a perfectly competitive labor market. if the marginal revenue product of labor is greater than the wage rate, which of the following will be true?
Assume a business is hiring workers in a labor market that is extremely competitive. if labor's marginal revenue product exceeds the pay rate. It is true that the company needs to hire more employees.
What is the marginal revenue product of labor for the company, and how should it approach hiring?The company needs to hire more workers. Explanation: A business that seeks to maximize profits will hire workers up until the wage rate exceeds the marginal output of labor. The firm should increase hiring if the marginal product of labor exceeds the wage rate until the two quantities are equal.
In a market with perfect competition, the marginal revenue product is equal to the marginal product of labor times the cost of the good that the labor is used to produce. If any of those two factors changes, the curve will be shifted.
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T/F the objective of a transportation problem solution is to schedule shipments from sources to destinations while minimizing total transportation and production costs.
This statement is True. The objective of a transportation problem solution is to schedule shipments from sources to destinations while minimizing total transportation and production costs.
A transportation enterprise is basically any enterprise that has a hand in transporting people or goods. it could also do with offering transportation for different commercial enterprise proprietors who need help linking their products to their real commercial enterprise. The precise reason for transportation is to fulfill a demand for mobility considering the fact that transportation can most effectively exist if it moves passengers, freight, and statistics around.
Transportation is needed due to the fact few financial sources—raw substances, fuels, food, synthetic items—are positioned in which they may be desired. every location or area on earth produces greater than it consumes of a few goods and services and much less than it consumes of others. an excellent transport device can broaden the market for goods. it could additionally make the movement of uncooked substances, fuel, equipment, and so on. to the places of production clean. further, it opens up remote regions as well as resources for manufacturing.
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What is a difference between a cover letter and an introduction statement?
You only need to use formal language in an introduction statement.
A cover letter is typically submitted with a resume. An introduction statement is used with online applications.
Introduction statement are more detailed than cover letters.
A cover letter is much shorter than an introduction statement.
The difference between a cover letter and an introduction statement is that C. A cover letter is typically submitted with a resume. An introduction statement is used with online applications.
What is a cover letter?Although they have a similar format, a cover letter and an introduction letter serve very different purposes. A letter of introduction informs a potential employer of your qualifications and expresses your desire to be considered for a position. In response to a recent job posting, a cover letter is written.
The main distinction is that a supporting statement is included in the application form and responds to questions like "Please explain why you are perfect for this role," whereas a cover letter is typically sent separately from your CV.
In a cover letter for a job application, you can introduce yourself personally and argue why hiring you would be wise. Include specific examples from your prior experience that show you are qualified for the position in your cover letter, which should be three paragraphs or less long.
Therefore, based on the information illustrated, the correct option is C.
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Which of the following is necessary for a firm to practice price discrimination?
answer choices
(A) The government strictly enforces antitrust laws.
(B) The firm is a member of a cartel.
(C) The firm can prevent resale of its goods.
(D) The demand curve for the product is perfectly inelastic.
(E) The demand curve for the product is perfectly elastic.
The government strictly enforces antitrust laws is necessary for a firm to practice price discrimination.
What prerequisite exists for price discrimination?Only when customers from various sub-markets are prepared to pay different prices for the same commodity is price discrimination possible.
The identification of various market segments is a crucial requirement for price discrimination to take place. If this is true, various groups' price elasticity of demand will vary. Because of this, the company can set different rates based on how sensitive its customers are to price changes.
Selling to each client at a distinct price is known as personalized pricing (or first-degree price differentiation); perfect price discrimination is the process of maximizing the price that each consumer is willing to pay.
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Although water transport was still less expensive, railroads offered more direct and dependent routes. for these reasons, trade became less costly and time consuming, and therefore, more common.
The given statement is true because the railroads have made trades more common since they consume less cost and time in comparison to trades done through water transport.
Railroads offer supplies of goods and services on a direct and independent routes. Shipping via railroads is more environmentally friendly. Rails burn less fuel than ships, which means that rails have lower fuel costs compared to water transport. Therefore it can be said as railroads are a prolonged force in the economic life of any country, offering more direct and dependent routes. Because of these advantages of railroads, trades have become less costly and less time-consuming, so as more common.
"
Complete question is:
Although water transport was still less expensive, railroads offered more direct and dependent routes. for these reasons, trade became less costly and time consuming, and therefore, more common.
True
False
"
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Which of the following is a disadvantage of advertising?
Answer:cost
Explanation:
Cost - One of the major disadvantages of advertising is the cost involved in the entire process.
if a company decides to pursue new markets with current products, the company would be using which of the following strategies? group of answer choices product development diversification market penetration positioning development market development
If a company decides to pursue new markets with current products, the company would be using the strategy of market penetration. So option c. is correct.
Market penetration is a measure of how much a product or service is being utilized by customers corresponding to the total assessed market for that product or service. Market penetration also associates with the number of potential customers that have purchased a specific company's product rather than a competitor's product. Market development is the system or action steps needed to increase market share or penetration.
Market penetration is not only used on a global and industry-wide scale to estimate the extent of products and services but also is used by companies to evaluate their product's market share.
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jorgensen high tech incorporated is a calendar-year, accrual-method taxpayer. at the end of year 1, jorgensen accrued and deducted the following bonuses for certain employees for financial accounting purposes.$40,000 for ken.$30,000 for jayne.$20,000 for jill.$10,000 for justin.how much of the accrued bonuses can jorgensen deduct in year 1 under the following alternative scenarios?note: leave no answer blank. enter zero if applicable.required:jorgensen paid the bonuses to the employees on march 1 of year 2.jorgensen paid the bonuses to the employees on april 1 of year 2.jorgensen paid the bonuses to the employees on march 1 of year 2, and there is a requirement that the employee remain employed with jorgensen on the payment date to receive the bonus.jorgensen paid the bonuses to the employees on march 1 of year 2, and there is a requirement that the employee must remain employed with jorgensen on the payment date to receive the bonus; if not, the forfeited bonus is reallocated to the other employees.
Because the amount wasn't determined at year's end, you may deduct $100,000 in year 2 considering employees typically qualify for bonuses only if they were working at the time the bonuses were paid.
How is the accrual technique applied?Regardless of that when pay is received, the accrual method normally requires you to declare money in the tax year in which it is earned. Expenses are written off in the tax year they are incurred, regardless of when they are paid.
Briefing:
Calculation of How much of the accrued bonuses can Jorgensen deduct in year 1
March 1 of Year 2
Ken 40,000
Jayne30,000
Jill20,000
Justin 10,000
Total 100,000
In March 1 of year 2 the amount of $ 100,000 may
likely be deducted reason been that it was paid within 2 and a half months of year end.
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