Answer:
The correct option is C, business plan
Explanation:
Sales proposal is a document sent by a seller to a prospective buyer detailing the nature of the product offered and how the product could serve the interest of the would-be buyer,hence it is a wrong option.
Unsolicited proposal is a proposal sent by a private firm interested in partnering with the government on projects where the proposal was not requested by the government,as a result it is wrong choice as well.
A business plan is document showcasing the aims of objectives of the organization with clear road maps on issues such as what the business is set out to achieve,its target customer and so on
Investment proposal is aimed at bringing to light the potential benefits of a project so as to appeal to financiers.
Grant proposal is a request addressed to the government justifying the need for grant of a subsidy.
Answer:
Explanation:
First scenario: The answer is No, not many sellers. The drug of the pharmaceutical company has patent right and it is the only firm selling this product. This makes the company a monopolist (single seller)
Second scenario: No, not an identical product. Cable company and phone company produce different products. Cable companies majorly deal with television access.
Third Scenario: no, not many sellers. One firm is dominating the market and customers prefers this. Its product has been differentiated and it can charge its own price.
Fourth scenario: yes,meets all assumptions. The socks are identical and consumers do not care about the seller because the same utility will be derived from the socks.
Answer: d. under the minimum-contacts test.
Explanation:
Cattle House Steaks, a Colorado company, enters into a contract over the phone with Beef Packing Inc., an out-of-state corporation. If a dispute arises, a Colorado court can exercise jurisdiction over Beef Packing under the minimum-contacts test.
Minimum contacts applies to situations whereby a court in one state can assert its personal jurisdiction over another defendant which isn't in that same state but is in another state.
Answer:
The budgeted ending balance of cash for the month of April is $36,000
Explanation:
Ending balance of cash = Cash balance at beginning of April + Expected cash receipt - (Salary paid + Material purchases + Other expenses)
= $16,000 + $272,000 - ($62,000 + $94,000 + $96,000)
= $288,000 - $252,000
= $36,000
Note: Depreciation is non- cash expense so it will not be considered while computing the cash balance at the end of the month.
