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Andre45 [30]
2 years ago
15

chapter 9 technology methodical application of scientific knowledge for practical purposes invention product or process which ca

n be described as 'new' in that it makes a significant qualitative
Business
1 answer:
marissa [1.9K]2 years ago
4 0

Innovation can be described as 'new' in that it makes a significant qualitative.

Qualitative research relies on data obtained by researchers from direct observations, interviews, questionnaires, focus groups, participant observations, environmental records, documents, case studies, and artifacts. The data is usually not numeric.

Qualitative data describe a quality or characteristic. Collected through questionnaires, interviews, or observations, they are often presented in the form of narratives. For example, notes made during a focus group on Cafe Mac food quality, or responses to public surveys.

Learn more about Qualitative here:

brainly.com/question/8064831

#SPJ4

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Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
yanalaym [24]

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

  1. accrued revenues
  2. accrued expenses
  3. unearned revenues
  4. prepaid expenses
  5. depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

7 0
3 years ago
Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sol
Flura [38]

Answer: $200,000 and its economic profits were zero.

Explanation:

First and foremost, we should note that when calculating accounting profit, the implicit cost isn't taken into consideration.

Therefore, the accounting profit will be:

= Revenue - Explicit Cost

= (4000 × 300) - Explicit cost

= 1,200,000 - 1,000,000

= 200,000

Then, Economic Profit will be:

= Accounting profit - Implicit cost

= 200,000 - 200,000

=0

Therefore, its its accounting profits were $200,000 and its economic profits were zero.

5 0
3 years ago
Early in 2017, Sheryl Crow Equipment Company sold 500 Rollomatics during 2017 at $6,000 each. During 2017, Crow spent $20,000 se
sertanlavr [38]

Answer:

Explanation:

                                         Debit $                                   Credit$

a. Cash                3000000  

    Sales revennue (500*6000)                                 3000000

Warranty expenses   55000  

   Estimated warranty liability                                    55000

Estimated warranty liability  20000  

     Cash account                                                    20000

b. Cash account   3000000  

   Sales revenue (500*6000- 56000)                                2944000

   Unearned warranty revenue                                  56000

Warranty expenses   20000  

      Cash account                                                 20000

Unearned warranty revenue  20364  

    Warranty revenue (56000*20000/55000)                      20364

3 0
4 years ago
New Age Electronics expects to earn $100,000 this year. Earnings will grow 3% indefinitely if the firm makes no new investments.
vampirchik [111]

Answer:

5.7 1

Explanation:

Given:

  • Earning expect: $100,000
  • Grow rate: 3% = 0.03 (g)
  • Discount rate: 10% = 0.1 (r)
  • Number of shares: 250,000

We need to find the EPS because all of the earnings are paid out as dividends

= $100,000/250,000 shares

= $0.4

=> Current price:

P = D1 / (r-g)

<=> P = 0.4 (0.1 - 0.03) = 5.7 1

So the price per share of stock is  5.7 1

Hope it will find you well  

4 0
4 years ago
Read 2 more answers
Contour Autos competes against the global leaders in the automobile industry by developing and selling acceptable quality vehicl
alisha [4.7K]

Answer:

c. cost-leadership strategy

Explanation:

Contour Autos tend to decrease the price of the product and that the quality served of the product is acceptable and not degraded. In this manner as against the normal industry the company supplies same quality goods at lower prices.

This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.

The Company tends to lead in the market through lower cost of goods supplied with the same quality.

5 0
3 years ago
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