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2 years ago

When a company sells a product for a price that is less than the cost of producing the product, it is engaging in:.

1 answer:

7 0

If a company sells a product at a price that is less than the cost of producing the product, then it is engaged in dumping.

<h3>What do you mean by a Product?</h3>

A product refers to any product, goods, or services intended for sale purposes. Goods, services, experiences, shopping, convenience, specialty goods, consumer goods, and industrial goods are the different types of products.

Dumping refers to when a company or country exports a product that is lower in the foreign market than the domestic export market. According to World Trade Organization, dumping is legal.

Therefore, Dumping is when a company sells a product that is lower than the cost of producing the product.

Learn more about the product here: brainly.com/question/22852400

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Partridge Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as

-BARSIC- [3]

Answer:

D) $3,285.

Explanation:

Date Purchases Sales

Jan. 1 initial inventory 500 @ $9

Jan. 14 375 @ $14

Jan. 17 250 @ $10

Jan. 25 250 @ $11

Jan. 29 260 @ $16

January 31 only 365 units left.

Under LIFO what is the cost of inventory?

365 units x $9 per unit = $3,285

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3 years ago

1. Assume that in the relevant jurisdiction, contracts with clauses restricting working for competitors for more than six months

jeyben [28]

<u>Answer: </u>Wrongful interference with a contractual relationship requires the existence of enforceable contract, third party knowledge, and intentional inducement.

<u>Explanation:</u>

All the business consist of information which is invaluable and wants the employees to keep it within the business and not sell it to competitors. As they are the successful objectives of the business.

Contractual relationship is the relationship bound by legal requirements where there are two or more parties who agree with same terms through enforceable contract. Intentional inducement is where an individual causes damage to contractual relationship with third party. The damage can be of monetary basis.

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3 years ago

A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan

worty [1.4K]

Answer:

E. $148,600

Explanation:

Cash flow from operating activities.

Net income. $134,000

Add: Depreciation. $30,000

Less: Gain on sale ($4,000)

Changes in working

Capital

Add: decrease in

Accounts receivable $9,400

Less: increase in

Merchandise inv. ($18,000)

Less: increase in

Prepaid expenses ($6,200)

Add: increase in

Accounts payable $3,400 ($14,600)

Net cash provided used by $148,600

Operating activities

4 0

3 years ago

Your first job is to settle the dispute between the owners. To settle the dispute, you need to ensure that both owners understan

Aneli [31]

Answer:

Inelastic: Demand for business goods tends to be me more inelastic than demand for consumer goods.

Explanation:

I already did this before. ur welcome

4 0

2 years ago

Which of the following is a result of over-diversification through acquisition? Select one:

Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.

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3 years ago