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11 months ago

if people demand more netflix subscriptions when the price of hulu subscriptions falls, then netflix and hulu are:

1 answer:

azamat11 months ago

3 0

Netflix and Hulu are substitutes if more individuals desire Netflix memberships as the cost of Hulu subscriptions decreases.

In microeconomics, two things are considered substitutes if customers may use them for the same purpose. Having more of one thing makes a buyer want less of the other good because they regard both goods as similar or equivalent.

Contrary to independent and complementary products, substitute goods may displace one another in usage as a result of shifting economic conditions. Coca-Cola and Pepsi are two examples of substitute commodities; they may be used interchangeably because they both meet the same need, which is the demand of customers for a soft drink. These replacements are referred to as "near substitutes."

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Here are incomplete financial statements for BLOSSOM, Inc. Calculate the missing amounts

Otrada [13]

Answer:

(A) net income: 20,000

(B) COGS = 55,000

Explanation:

(A) with the RE statemtn we sovle for RE

net income = ending RE - beginning RE + dividends

net income = 27,000 - 12,000 + 5,000 = 20,000

(B) With the net income we solve for COGS

COGS= revenues - net income - salaries and wages

COGS = 85,000 - 20,000 - 10,000 = 55,000

liab + equity = total liab and stockholders equity

account payable + common stock + RE = total liab and stockholders equity

5,000 + CS + 27,000 = 62,000

CS = 62,000 - 27,000 - 5,000 = 30,000

5 0

3 years ago

What is the totality of a firm's organizational arrangements, including its formal organizational structure, control systems, in

Rainbow [258]

Answer:

Organizational architecture.

Explanation:

The organizational architecture can be defined as the structure of the company, which includes all the integrated systems of the organization, that is, all the tangible and intangible assets that make up the organizational whole.

In order to operate effectively, every organization must have an organizational architecture that enables the correct flow of processes that will assist in achieving the objectives and goals.

To assess which type of organizational architecture is appropriate for a business, it is necessary to analyze the company's systems, culture and strategy.

3 0

3 years ago

Store A sells four times as many products as store B and one third as many as store C. If store C sells 105,960 products, how ma

nikitadnepr [17]

Answer: a. 8,830 products

Explanation:

Store A sells one third as many as Store C so if Store C sells 105,960 products, Store A would be selling:

= 105,960 / 3

= 35,320 products

Store A sells four times as many products are store B. If Store A sells 35,320 products, Store B would sell:

= 35,320 / 4

= 8,830 products

8 0

3 years ago

You own $5,000 shares of stock that currently sells for $30 a share. There are 2 million shares outstanding. The firm has announ

maxonik [38]

Answer:

percentage of ownership:

before 0.25%

after 0.30%

Value of the investment:

5,000 stock x $30 = 150,000

Explanation:

To get the currnet percentage of ownership:

portfolio stock / shares outstanding

5,000 stock / 2,000,000 = 0.0025 = 0.25%

Now, for the escenario after the repurchase:

First, how many shares were repurchased:

10,000,000 / 30 = 333,333 stock repurchased

Then, how many are outstanding:

2,000,000 - 333,33 = 1,666,667

Last, the new percentage of ownership

5,000 stock / 1,666,667 = 0.02999 = 0.30%

value of the investment:

5,000 stock x $30 = 150,000

8 0

3 years ago

Maya Company reports the following amounts for the year ending on December 31, 2004:Merchandise Inventory, January 1, 2004 : $70

Sveta_85 [38]

Answer:

$117,750

Explanation:

Maya Company Merchandise Inventory for the year ended December 31 2004

Merchandise inventory at the beginning $70,000

Add: Cost of transportation 2,300

Merchandise Purchase 195,000

Less: Purchase return and allowances (4,650)

Discount on purchase (3,500)

Cost of goods sold (158,700)

Add: Merchandise return 17,300

Merchandise inventory $117,750

8 0

3 years ago