1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Musya8 [376]
3 years ago
8

Many people dream of opening their own restaurant someday and restaurant supply houses provide easy finance options for equipmen

t purchases. also, a high growth is projected for the restaurant industry sector. according to porter's five-force model, this is one of the reasons why the _____ in this industry is so high. failure rate exit barrier threat of potential entrants technological breakthrough
Business
1 answer:
dsp733 years ago
4 0
<span>This is why the threat of potential entrants in this industry is so high. Because of all of the opportunities and financing plans, it is easy for someone who wants to start a restaurant to do so. The threat of potential entrants to other restaurants remains high because of new restaurants always popping up.</span>
You might be interested in
Read the scenario, and answer the question.
kolezko [41]

Answer:

The correct answer is the option A: make your recommendation or action announcement after you discuss the pros, cons, and costs.

Explanation:

To begin with, if the employee is looking forward to establish a well delivered recommendation then he must start given the pros of the person that is being recommended, later the cons and finally the costs due to the fact that if the pros are not good enough in comparison with the cons then the costs will not matter and even if the pros are higher enough then the second important thing to see will be the costs. Therefore that the better advice to receive would be to how organize the info inside the paperwork and that is first discussing the pros, cons and costs and later make the recommendation.

8 0
4 years ago
Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also p
tatyana61 [14]

Answer:

$1.86 million

Explanation:

Given the above data, we can calculate the retained earning for next year to be;

Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends

= $1.8 million

8 0
3 years ago
The development policy based on encouraging economic growth via exports of goods and services, usually starting with light manuf
evablogger [386]

Answer:

Export led growth

Explanation:

Export led growth

Export led growth is a business strategy used by developing countries in order to export goods that selling consist of major advantages to economy.

Export led growth is sometimes  defined as export led industrialization that aim to expand industrialization process not in same country but in foreign country too.

The countries that inherit the export led growth are Singapore, china, Vietnam etc. They have high trade-GDP ratio which evaluate total trade value with respect to GDP.

4 0
3 years ago
For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance. Debit Effect
salantis [7]

Answer:

                                             Debit  Credit  

A Bonds payable                    Decrease Increase  

b. Unearned Service Revenue Decrease Increase  

c. Depreciation Expense      Increase Decrease      

d. Common Stock                    Decrease Increase  

e. Buildings.                            Increase Decrease  

f. Rent Revenue.                   Decrease Increase  

 

Explanation:

Debit  Credit  

A Bonds payable Decrease Increase  

Bonds payable are a form of long term debt usually issued by corporations, hospitals, and governments.    

b. Unearned Service Revenue Decrease Increase  

Unearned Service Revenue is a liability account that is used to record advanced collections from clients. In other words, it pertains to revenue already collected but the service has not yet been rendered    

c. Depreciation Expense Increase Decrease  

Depreciation expense is the amount of depreciation that is reported on the income statement.    

d. Common Stock Decrease Increase  

Common stock is a security that represents ownership in a corporation.    

e. Buildings.  Increase Decrease  

A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory    

f. Rent Revenue. Decrease Increase  

Rent Revenue is the title of an income statement account which (under the accrual basis of accounting) indicates the amount of rent that has been earned during the period of time indicated in the heading of the income statement.    

7 0
3 years ago
At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts. On December 31
polet [3.4K]

Answer:

Explanation:

The journal entries are shown below:

(a) a $415 credit balance before the adjustment.

Bad debt expense A/c Dr  $685

     To Allowance for Doubtful Accounts   $685

(Being bad debt expense recorded)

Since the allowance for doubtful debts have a credit balance so this amount will be deducted. The computation is shown below?:

= (Outstanding accounts receivable × uncollectible rate) - credit balance

= ($55,000 × 2%) - $415

= $1,100 - $415

= $685

(b) a $291 debit balance before the adjustment.

Bad debt expense A/c Dr  $1,391

     To Allowance for Doubtful Accounts   $1,391

(Being bad debt expense recorded)

Since the allowance for doubtful debts have a debit balance so this amount will be added. The computation is shown below?:

= (Outstanding accounts receivable × uncollectible rate) + debit balance

= ($55,000 × 2%) + $291

= $1,100 -+$291

= $1,391

6 0
3 years ago
Other questions:
  • Matt is paying off a second trust deed on his house, but could not make the last payment on time. he called the lender and reque
    10·1 answer
  • If a market produces a level of output that exceeds the competitive equilibrium output, then
    5·1 answer
  • The belief that you have to come up with something no one has ever done before to build a successful business is
    11·2 answers
  • Kevin Chitry, a sales executive for CIT Manufacturing, frequently took clients out for dinner and shows when they came to town t
    14·1 answer
  • The current ratio is calculated as total current assets divided by total current liabilities.
    13·1 answer
  • Which property of an object describe how easily electricity travels through it?
    8·1 answer
  • Harold Joseph is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm’s fi
    5·1 answer
  • On January 1, 2020, Doone Corporation acquired 80 percent of the outstanding voting stock of Rockne Company for $448,000 conside
    11·1 answer
  • What banking activity do most consumers use mobile banking for?
    12·2 answers
  • An employee receives an hourly rate of $350, with time and a half for all hours worked in excess of 40 during a week. Payroll da
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!