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3 years ago

How does competition benefit the general economy?

Business

2 answers:

Ilya [14]3 years ago

6 0

Answer:

A. Lower prices can benefit the general economy.

USPshnik [31]3 years ago

5 0

C. More regulations, this keeps competition fair to avoid exploitation

(‘A’ only benefits consumers as they keep more money to themselves rather than it circulating through the economy)
(‘B’ and ‘D’ it’s pretty obvious that isn’t the case)

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Globalization is the process of

Gwar [14]

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

7 0

2 years ago

describe the communication process model, and explain how social media are changing the nature of business communication.

neonofarm [45]

Communication process model is the communication model made up of seven parts:

the communication source

encoding

the message

the channel

decoding

the receiver and

feedback.

Social media has forced different past favorites to recreate themselves into new formats while new social media companies have penetrated existing markets and businesses.

Social media has transformed internal as well as external business communication, so that it is now becoming more democratic, more open, and more participatory than ever before.

To know more about communication model here:

brainly.com/question/12999799

#SPJ4

8 0

1 year ago

Problem 9-7B Calculate the issue price of a bond and prepare amortization schedules (LO9-5, 9-7) [The following information appl

andrey2020 [161]

Answer:

Answer is given below.

Explanation:

Solution 1:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (7%/2) 3.50% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.356278 * $7,90,000 = $2,81,460

Interest (Annuity) [$790,000*7%*6/12] 18.392045 * $27,650 = $5,08,540

Price of Bonds $7,90,000

Bond Amortization Schedule

Date Cash interest Interest Expense Chanage in Carrying Value Carrying value

01-Jan-21 $7,90,000

30-Jun-21 $27,650 $27,650 $0 $7,90,000

31-Dec-21 $27,650 $27,650 $0 $7,90,000

Solution 2:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (8%/2) 4.00% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.308319 * $7,90,000 = $2,43,572

Interest (Annuity) [$790,000*7%*6/12] 17.292033 * $27,650 = $4,78,125

Price of Bonds $7,21,696

Bond Amortization Schedule

Date Cash interest Interest Expense Change in Carrying Value Carrying value

01-Jan-21 $7,21,696

30-Jun-21 $27,650 $28,868 $1,218 $7,22,914

31-Dec-21 $27,650 $28,917 $1,267 $7,24,181

Solution 3:

Chart Values are based on:

n= (15 Years*2) 30 Half years

i= (6%/2) 3.00% Semi annual

Cash Flow Table Value * Amount = Present Value

Principal 0.411987 * $7,90,000 = $3,25,470

Interest (Annuity) [$790,000*7%*6/12] 19.600441 * $27,650 = $5,41,952

Price of Bonds $8,67,422

Bond Amortization Schedule

Date Cash interest Interest Expense Change in Carrying Value Carrying value

01-Jan-21 $8,67,422

30-Jun-21 $27,650 $26,023 -$1,627 $8,65,794

31-Dec-21 $27,650 $25,974 -$1,676 $8,64,118

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4 0

3 years ago

Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of ea

Elan Coil [88]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Estimated overhead costs:

Factory machinery depreciation 59,000

Factory supervisor salaries 140,500

Factory supplies 43,900

Factory property tax 27,750

Total overhead= 271,150

First, we need to determine the estimated direct labor hours for the period:

Factory direct labor= 215,558

Direct labor rate= $12.11

Direct labor hours= 215,558/ 12.11= 17,800 hours

Now, we can calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 271,150/17,800= $15.23 per direct labor hour

2) To apply overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 15.23*18,900= $287,847

6 0

3 years ago

A june sales forecast projects that 6,000 units are going to be sold at a price of $10.50 per unit. the desired ending inventory

ohaa [14]

Purchases = Sales units + Closing inventory - Beginning Inventory
= 6,000 + (1,000 * 115%) - 1,000
= 6,150 units

7 0

2 years ago