Smashburger Restaurant Concept is under the stage of GROWTH in product life cycle. They already have 370 corporate and franchise outlet all over the world which operates in 9 different countries. It is the stage wherein they are still expanding and the income is still growing.
Answer:
Explanation:
Date. Description/Account. Debit. Credit.
1/1/2020. Unearned Compensation. $69,000
Paid - in Capital in Excess of Par. $69,000
Common stock. $10,000
12/31/2020 Compensation Expense. $23,000
Unearned Compensation. $23,000
Answer:
Operating cash flow= $16,792.5
Explanation:
Giving the following information:
Masters, Inc., has sales of $37,900, costs of $15,000, depreciation expense of $2,400, and interest expense of $1,310.
<u>To calculate the operating cash flow, we need to use the following structure:</u>
Sales= 37,900
COGS= (15,000)
Gross profit= 22,900
Depreciation= (2,400)
Interest= (1,310)
EBT= 19,190
Tax= (19,190*0.25)= (4,797.5)
Depreciation= 2,400
Operating cash flow= 16,792.5
The answer is 20%, 40 is 1/5 of 200, therefore it is 20%
Answer:
Letter A is correct. <u>Fostering competition.</u>
Explanation:
In this case, it is correct to say that small businesses are fostering competition.
Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.
Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.
