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MariettaO [177]

3 years ago

13

Which of the following would an economist most likely classify as a need?. A.gasoline for a florist's delivery truck.. B. a coll

ege degree. . C. a flat-screen television.. D. a part-time job to earn extra money.

2 answers:

matrenka [14]3 years ago

6 0

An economist would say A is a need.

Nata [24]3 years ago

4 0

The answer is A. Hope this helps :)

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Concord Corporation has a new product going on the market next year. The following data are projections for production and sales

kirza4 [7]

Answer:

$7.57

Explanation:

Return on investment (ROI) = Net profit/Investment = 14%

Net profit/$1,300,000 = 14%

Net profit = $1,300,000 × 14% = $182,000

Total costs = Variable costs + Fixed costs = $125,000 + $450,000 = $575,000

Total revenue = Total costs + Net profit = $575,000 + $182,000 = $757,000

Target selling price = Total revenue/Units produced and sold = $757,000/100,000 = $7.57

7 0

3 years ago

Classification shifting by managers leads to under-reporting of total expenses and over-statement of bottom-line net income.

Step2247 [10]

Answer: False

Explanation:

Classification shifting is a method used whereby the core earnings are manipulated by misclassifying the items in the income statement.

One way that managers make use of classification shifting is by reporting the operating expenses for the business as nonoperating expenses. This is usually done in order to inflate the operating income.

The statement in the question is false as classification shifting by managers doesn't lead to under-reporting of total expenses and over-statement of bottom-line net income rather it lead to over reporting.

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2 years ago

The four key types of ratios that investors monitor are liquidity ratios, leverage ratios, profitability ratios and _______ rati

mash [69]

I believe it is Activity Ratios. Hope this helps!

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3 years ago

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What will happen in the gasoline market now if buyers expect higher gasoline prices in the near future?

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D.) i had it right on my test

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Answer:

IBM could either diversify by the strategy of market penetration, which consists in increasing the market share in a particular sector (in this case, cloud computing) through more marketing efforts.

Or it could integrate horizontally, acquiring a possible competitor that is more advanced in the cloud-computing business. Or even a start-up with good prospects, because with the amount of capital that IBM has, it could more easily expand the start-up operation as a new internal business division.

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2 years ago