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3 years ago

When one group controls an industry or market by being the only provider, this is called _____.

1 answer:

6 0

When one group controls an industry or market by being the only provider, this is called MONOPOLY.

Mono - Greek monos means one or single
Poly - Greek polein means to sell.

Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.

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A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and paid out cash dividends of

snow_lady [41]

Answer:

Ending retained earning will be $433750

Explanation:

We have given beginning balance = $430000

Net income = $60000

Dividend paid = $56250

We have to find the ending balance

We know that ending retained earning is given by

Ending retained earning = beginning retained earning + net income - dividend paid

So Ending retained earning = $430000+$60000-$56250 = $433750

6 0

3 years ago

Ruby enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like

Leokris [45]

Answer:

training and development specialist

Explanation:

From the question we are informed about Ruby who enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like to use in her future career. In this case the career that would be the best fit for her based on her skills is training and development specialist.

Training and development specialists can be regarded as a profession that provide help in administering, creating and delivering of training programs for organization as well as Businesses. They do this through group discussions and lecturing and also team exercise.

8 0

3 years ago

Cool Beans is a locally owned coffeeshop that competes with two large coffee chains, PlanetEuro and Frothies. Alicia, the owner,

erma4kov [3.2K]

Answer:

0.9717 per unit sold (approx)

Explanation:

Here, we are assuming 52 weeks in a year.

Contribution margin:

= (Sales revenue - variable cost) ÷ sales revenue

= [(3.52 × 10 + 3.52 × 0.18 × 540 × 52) - (3.52 × 0.26 × 551)] ÷ (3.52 × 10 + 3.52 × 0.18 × 540 × 52)

= [(35.2 + 17,791) - (504)] ÷ (35.2 + 17,791)

= [17,826.2 - 504] ÷ 17,826.2

= 17,322.2 ÷ 17,826.2

= $0.9717 per unit sold (approx)

5 0

3 years ago

Employees who are willing to step forward, usually at great personal sacrifice, to reveal wrongdoing of the part of their employ

Softa [21]

Answer:

They are guilty of nothing, what they are doing is called whistle-blowing and it is not a crime, it a way of stopping crimes from being committed.

Explanation:

A whistle-blower is an employee or any person within an organization that informs about illegal activities carried out within the organization. Sometimes whistle-blowers can even earn money form doing the right thing. For example, the IRS pays whistle-blowers up to 30% of additional money it collects by using information provided by whistle-blowers.

6 0

3 years ago

Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received

mojhsa [17]

Answer:

(a) Payment = $4,459

(b) payment = $4,120

Explanation:

solution

we know that Payment will be here

in 1st part (a)

payment = Mercahndise - sales and allwances - discount + frieght ..............1

so here

Discount = (merchandise - sales return and allowance) × Discount% .........2

put here value

Discount = ( 5,700 - 1600 ) × 1%

Discount = $41

from equation 1 payment will be

Payment = 5700 - 1600 - 41+400

Payment = $4,459

and

in 2nd part (b)

from equation 2

put the value

Discount = (4,800 - 800 ) × 2%

Discount = $80

Payment will be here

payment = 4800 - 800 - 80 + 200

payment = $4,120

3 0

3 years ago