Answer:
d. Both a and b are correct.
Explanation:
Under a market economy the agents are free in both ways, they can arrenge their decision in open negociation with their supplier/employeer and can choose between the goods produced in the economy which ones to consume or not.
While in a communist economy it is a central planner who decide the output and payment for the families job.
Answer:
The answer would be a Graphic Designer.
It is true that it deals with a lot of design elements, but a graphic designer deals more with technology than performing.
I hope this helps!!
Answer:
Net profit=$86
Explanation:
This can be expressed as;
Net profit=Earnings-Total buying price-Expenses
where;
1. Earnings=Total earnings from Soft drinks sale+Total earnings from ice cream sale
Total earnings from soft drinks sale=(100×1)=$100
Total earnings from ice cream sale=(90×1.5)=$135
Earnings=100+135=$235
2. Total buying price=Total expense from buying of Soft drinks+Total expense from buying of ice cream
Total expense from buying of Soft drinks=(0.5×100)=50
Total expense from buying of ice cream=(75/100)×90=67.50
Total buying price=(50+67.50)=$117.50
3. Expenses=$31.50
Replacing;
Net profit=235-117.50-31.50=$86
Net profit=$86
Answer: Vertical integration
Explanation:
The vertical integration is one of the type of business management strategy that helps in managing the organization supply chain and also helps in producing the different types of products and the services.
It helps in controlling the distributors, producers and also the retailer in the business. The following are some advantages of the vertical integration are as follows:
- Helps in improving the efficiency
- Reducing the overall cost
- Helps in control the different types of functions
- Increase the share in the market
According to the given question, the fresh n fragrant is practicing the vertical integration hat helps in the manage supply chain of the company.
Therefore, Vertical integration is the correct answer.
Answer:
A) Allowance method of accounting bad debts
Explanation:
Based on the allowance method, the bad debts should be calculated on either credit sales i.e. income statement method or receivable aging method i.e. balance sheet method. Also, the account receivable should be recognized at net realizable value
Therefore the allowance method of accounting bad debts is an answer
