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3 years ago

If the time between the pretest and the posttest is very short, then

Business

1 answer:

sertanlavr [38]3 years ago

8 0

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Shen manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday,

IRINA_888 [86]

Answer:

The correct answer is option b.

Explanation:

Shen is working in a country where the inflation rate is high.

He gets a salary every two weeks.

After receiving his salary he immediately goes out and buys all the goods he is going to need over the next two weeks.

He converts the remaining salary in a more stable currency.

He does this in order to prevent his salary from losing purchasing power.

This effort that he is making to prevent his real income from losing value is called the shoe-leather cost of inflation.

The shoe-leather cost can be defined as the cost of time and effort made to prevent the cash holdings from losing their value.

3 0

3 years ago

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

Ramsey Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subsc

Alexxandr [17]

Answer:

The correct answer is B

Explanation:

The journal entry to record the sale of the subscription is as:

Cash A/c.............................................................Dr $600,000

To Unearned Subscription Revenue A/c..........Cr $600,000

As company made a sale of the subscription, so cash is received from sale therefore any increase in asset is debited. So, the cash account is debited. And the unearned subscription revenue is credited because cash is received against subscription sale.

8 0

3 years ago

At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha

valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

$\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%$

The percentage change in supply is:

$\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%$

The price elasticity of supply is given by:

$E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5$

The price elasticity of supply is 2.5.

4 0

2 years ago

Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of co

Scilla [17]

Answer:

Option (d) 7 times

Explanation:

Data provided in the question:

Net income = $250,000

Dividends paid to common stockholders = $50,000

Common stock outstanding = 50,000

Selling price of the common stocks = $35

Now,

The price-earnings ratio is calculated as:

⇒ ( Stock price ) ÷ ( Earnings per share )

also,

Earnings per share = ( Net income ) ÷ ( common stock outstanding )

= $250,000 ÷ 50,000

= $5

Price-earnings ratio = $35 ÷ $5

Price-earnings ratio = 7 times

Option (d) 7 times

4 0

2 years ago