Answer:
1. c. has no control over the price it pays, or receives,in the market
2. c. firms are at the mercy of market forces.
3. buyers can expect to find consistently low prices and wide availability of the good that they want.
Explanation:
A competitive market has the following characteristics.
1. Firms are price takers. They do not set the price for their goods and services. They accept the price set by market forces. Price is set where the demand curve intersects the supply curve.
2. There are no product differentiation. All sellers sell identical goods and services.
3. There are no barriers to entry or exit of firms in the industry.
4. Firms make zero economic profit in the long run.
5. There are many sellers and buyers.
I hope my answer helps you.
Answer:
b) cash inflow in the final year of the project
Explanation:
Aftertax salvage value is the net proceeds from the sale or disposal of fixed assets like Plant and Equipment (PPE) at the end of the project. The amount of money received is an income and therefore, tax must be paid on it and the company keeps the rest.
The after tax salvage value of a fixed asset used in a project , is included in the NPV calculation . It is a terminal cashflow and is part of the project since the assets being sold are used in production of the items that Rossiter Restaurants sell. However, it is important to note that you will use the PV of the after tax salvage value with the PV of other cash inflows and initial investment amount to find the NPV of the project.
Answer: $11564
Explanation:
Total units consumed for August = 96000
There's a peak demand of 624kw
Also, the May through October is 4.5 cents per kilowatt-hour for energy.
The August electric bill will then be:
= 96000 × 4.5/100 + 624 × 11.50 + 68
= (96000 × 0.045) + (624 × 11.50) + 68
= 4320 + 7176 + 68
= 11564
Answer:
b. competitive expertise regarding the strategies of key competitors in each country in which the company operates
Explanation:
It's not important to take into account your competitors ' strategies in the organizational design of an international company. Because the company should be designed in four primary dimensions, including value chain operations, domestic geography, product features and consumer base.
Answer:
D) represents the discount lost when a customer does not pay within the discount period
Explanation:
When a business uses the net method for accounting sales and purchases, they include all the possible discounts in the sales or purchases that they make. E.g. a store that sells $1,000 in merchandise and offers a 3% discount within 10 days (3/10, n/30) will record accounts receivable and sales revenue at $9,700 since it expects its customers to pay within the discount period.
Dr Accounts receivable 9,700
Cr Sales revenue 9,700
But if the customers do not pay within the discount period, accounts receivables and sales revenue must be adjusted. The sales discounts forfeited account should be used to adjust both accounts by increasing sales revenue and at the same time debiting accounts receivable fro $300.
Dr Accounts receivable 300
Cr Sales discounts forfeited 300
