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2 years ago

How changes in customers affect retail business industry?

Business

1 answer:

Serggg [28]2 years ago

4 0

Explanation:

it affects the retailer by if they gave a good in a highest price then if that product is not sold then it would happen.

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How did the market economy and westward expansion intensify the institution of slavery?

Sladkaya [172]

I would say that the market economy and westward expansion promoted the institution of slavery as in the new United States whereby in order to sell more say cotton at a cheap price (the market economy) then the landowners would employ slaves for cheap labour so as to extract maximum profit from their labour.

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3 years ago

A customer, age 60, has a fixed annuity contract with a value of $16,000. The cost basis in the contract is $10,000. If the cust

g100num [7]

Answer:

$5,000 taxable

Explanation:

In this scenario, the tax consequence of withdrawal will be $5,000 taxable. This is because annuity contract contributions are not tax-deductible, meaning that the original contribution of $10,000 has already been taxed. Therefore in this situation all $5,000 will be taxable, luckily since the individual is over the age of 59 1/2 then the distribution is not subjected to a 10% penalty tax for premature distribution.

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3 years ago

During July, Laesch Company, which uses a perpetual inventory system, sold 1,430 units from its LIFO-based inventory, which had

ohaa [14]

Answer:

Laesch Company

Journal entries:

Sale of 1,430 units

Debit Cash or Accounts Receivable $40,040

Credit Sales Revenue $40,040

To record the sale of 1,430 units of inventory at $28.

Debit Cost of goods sold $27,170

Credit Inventory $27,170

To record the cost of the goods sold at $19.

Sale of 1,390 units

Debit Cash or Accounts Receivable $38,920

Credit Sales Revenue $38,920

To record the sale of 1,390 units of inventory at $28.

Debit Cost of goods sold $26,410

Credit Inventory $26,410

To record the cost of the goods sold at $19.

Explanation:

Laesch Company can use Journal entries to record its business transactions as they occur on a daily basis. Journal entries show the accounts involved in any transaction and the one to be debited or credited. From the journal, postings are made to the general ledger into individual accounts.

3 0

4 years ago

Suppose that in a monopoly market the total cost per week of producing a high tech product is given by C(x) =3600+100x+2x^2.

vazorg [7]

Answer:

10 units;

50 units.

Explanation:

The revenue function is given by the price function multiplied by the number of units sold (x).

$R(x) = x*p(x)=500x-2x^2$

The break even point occurs when Revenue equals costs:

$C(x) =R(x)\\3600+100x+2x^2=500x-2x^2\\4x^2-400x+3600 = 0\\x^2-100x+900=0\\x=\frac{100\pm \sqrt{100^2-(4*900)}}{2}\\x_1=10\\x_2=90$

Therefore, the smallest number of units required for the company to break even is 10 units.

Maximum profit will be achieved at that number of units for which the derivate of the profit function is zero:

$P(x)=R(x) - C(x) \\P(x)=3600+100x+2x^2-(500x-2x^2)\\\frac{dP(x)}{dx}=0=8x-400\\x=50$

The number of units that will give maximum profit is 50.

3 0

3 years ago

Davidson Interiors declared a dividend to holders of record on Thursday, October 15, that is payable on Monday, November 2. Suen

miv72 [106K]

Answer:

The answer is C

I hope help you

5 0

3 years ago

How changes in customers affect retail business industry?​

How changes in customers affect retail business industry?