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3 years ago

Equate, a brand of health and beauty care products, is available only at walmart stores. equate is a ____ brand.

1 answer:

tatiyna3 years ago

7 0

The correct answer that would best complete the given statement above would be PRIVATE BRAND. <span>Equate, a brand of health and beauty care products, is available only at Walmart stores. Equate is a private brand. Other choices for this question include manufacturer's, international, family and corporate. Hope this helps.</span>

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Suppose a gold miner finds a gold nugget and sells the nugget to a mining company for $500. The mining company melts down the go

SSSSS [86.1K]

Answer:

The GDP will increase by $2,000 as a result of these transactions

Explanation:

When trying to calculate the increase in GDP caused by a series of transactions, we do not add all the transactions, instead we look at the price of the final good and that is the increase in GDP. In this case the final good is the necklace that the store department sells for $2,000 therefore we will only consider the final transaction. So the GDP will increase by $2,000 as a result of this series of transactions because the final good sold for $2,000.

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2 years ago

The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of __________________.

Marysya12 [62]

Answer:

opportunity cost

Explanation:

The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.

Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.

Therefore, the right answer is Opportunity cost.

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2 years ago

A monopolist has four distinct groups of customers. Group A has an elasticity of demand of 0.2, B has an elasticity of demand o

Bumek [7]

Answer: Group A

Explanation:

Price Elasticity of demand refers to the sensitivity of quantity demanded given a change in price. In other words, how much will quantity demanded change if price changes. Higher elastcities mean that when prices change, their quantity demanded changes more. For instance, an elasticity of demand of 2 means that when prices rise by 2%, demand will decrease by 4%.

The group that will be paying the most therefore will have to be the group that is least sensitive to paying that high price. That would be Group A. As they are not very sensitive to price changes with an elasticity of 0.2, the Monopoly can increase their price to a higher point than others knowing that they won't demand less goods.

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2 years ago

Here are the comparative income statements of Cullumber Corporation. CULLUMBER CORPORATION Comparative Income Statement For the

max2010maxim [7]

Answer:

Explanation:

Horizontal analysis of financial statements is a system of comparing each item of financial statement in a previous year to the current year with each line item analysis expressed in a horizontal pattern for clear comparison.

The change in growth is calculated by deducting the previous year's value of an item of the financial statement from the current year while the percentage growth is calculated by calculating the growth value as a percentage of the previous year value

2022 2021 Change % Change

Net sales 639,400 578,200 61,200 10.6%

Cost of goods 464,800 433400 31,400 7.3%

Gross profit 174,600 144,800 29,800 20.6%

Operating exp. 70,500 43,000 27,500 70%

Net Income 104,100 101,800 2,300 2.26%

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2 years ago

Adjusting entries are Select one: a. usually required before financial statements are prepared b. not necessary if the accountin

Flauer [41]

Answer:

Correct option is (a)

Explanation:

Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.

Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.

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2 years ago