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Ksivusya [100]
2 years ago
13

Product package sizes are becoming smaller around the world in a phenomenon called….

Business
1 answer:
My name is Ann [436]2 years ago
8 0
They are called ShrinkFlation
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Explain one reason why it might be an advantage for a business to set up on a busy high street.
Akimi4 [234]

Answer:

High traffic

Explanation:

Higher traffic means more visibility, more visibility means more customers.

7 0
3 years ago
wilson corporation exchanged land and $4,500 cash for material handling equipment. the land had a book value of $45,000 and a fa
77julia77 [94]

Book Value Of Asset 58500000. Book Value of Assets is the asset's value in the books of records of a company or an institution at any given instance.

Assets Book Value Formula = Total Value of an Asset – Depreciation – Other Expenses

Book Value Of Asset  is$4,500(58,000 - 45,000) and the fair value of asset exchanged is58500000. As there is a change in the value, this substance exists in the transaction.

Commercial substance exists in business transactions where the outcome is anticipated to change the company's cash flows in the future and is considered only when there is a significant alteration in the risk of cash inflow, the timing of cash inflow, and the amount paid as a result of the transaction.

Learn more about Asset from

brainly.com/question/25746199

#SPJ4

7 0
1 year ago
Identify each of the following terms or phrases as an accounting (a) principle, (b) assumption, or (c) constraint.
german

Answer and Explanation:

The identification of the following terms as an accounting principle, assumption or constraint is

1 Business entity    = Assumption

2. Measurement  = Principle

3 Cost-benefit   = Constraint

4 Revenue recognition  = Principle

In this way the identification of the accounting terms would be done

The same is relevant too

7 0
3 years ago
Why do markets exist?
FinnZ [79.3K]

Answer:

The correct answer is *to provide a place for people to trade goods and services

Explanation:

trading can be simply described as the act of exchanging values between parties.

a market is a place where the sellers and buyers meet and trade, in which the buyers buy what they need and want from the sellers at a price both of them can agree upon.

8 0
3 years ago
Lee Company has the following information for the pay period of December 15–31: ​ Gross payroll $16,000 Federal income tax withh
vodomira [7]

Answer: $10,800

Explanation:

In the above scenario it is worthy of note that the company is the one that pays for Federal and State Unemployment tax.

That means that the employees pay for Federal income tax withheld at $4,000, Social security at 6% and Medicare at 1.5%.

Calculating salaries payable therefore would be,

= 16,000 - 4,000 - (16,000 * 6%) - (16,000 * 1.5%)

= $10,800

Salaries Payable would be recorded at $10,800.

8 0
3 years ago
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