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2 years ago

Which strategy is an example of how companies may upgrade themselves to meet changing customer preferences?

1 answer:

8 0

The best example of how companies are upgrading themselves to meet changing customer preferences is personified in option (C) making online shopping services available.

Since customers nowadays prefer to shop online more often than not, many companies are now providing online marketplaces in combination with their traditional brick and mortar stores. Some companies do not even have a pop up store – they purely do their transactions online.

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2. Fiscal policy Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $32 billion. Four e

Umnica [9.8K]

Answer:

For the Economist A the spending multiplier is = 8, the tax multiplier = 4, the increase in spending is = $4 billion, the tax cut is = $8 billion.

For the Economist B, the spending multiplier is =4, the tax multiplier = 2, the increase in spending is = $8 billion, the tax cut is = $16 billion.

Explanation:

Solution

Given that:

(1)The Economist A

The Spending multiplier = 8

In closing the output gap of $32 billion, required increase in spending = $32 billion / 8 = $4 billion

Thus,

The tax multiplier = 4

To close output gap of $32 billion, required decrease in tax = $32 billion / 4 = $8 billion

(2)The Economist B

Now,

The spending multiplier = 4

To close output gap of $32 billion, required increase in spending = $32 billion / 4 = $8 billion

So,

Tax multiplier = 2

To close output gap of $32 billion, required decrease in tax = $32 billion / 2 = $16 billion

8 0

2 years ago

At the beginning of the year, Carson Company reported total current assets of $658,000 and total assets of $2,450,000. Carson re

ehidna [41]

Answer:

Total Asset Turnover: 2.2857

Explanation:

Total Assets

Begininng Balance 2,450,000

Ending Balance 2,800,000

Period activity 350,000

Sales: 6,000,000

Total Asset Turnover: Sales

Average Total Assets

6,000,000

( 2,450,000 + 2,800,000 ) / 2

6,000,000

2,625,000

2.2857

4 0

3 years ago

An elected official is:

miskamm [114]

Official who won the office in free election.

4 0

2 years ago

Read 2 more answers

Lewis Company had the following transactions involving notes payable.

Fiesta28 [93]

Answer and Explanation:

The journal entries are shown below

1. Cash Dr $50,500

To Note payable $50,500

(Being the amount borrowed is recorded)

2. Cash Dr $61,200

To Note payable $61,200

(Being the amount borrowed is recorded)

3. Interest expense $2,020

To Interest payable $2,020

(Being the interest expense is recorded)

The computation is shown below:

= $50,500 × 8% × 6 months ÷ 12 months

= $2,020

4. Interest expense $612

To Interest payable $612

(Being the interest expense is recorded)

The computation is shown below:

= $61,200 × 6% × 2 months ÷ 12 months

= $612

5. Note payable $61,200

Interest expense $306

Interest payable $612

To Cash $62,118 ($61,200 + $918)

(Being the principal and the interest is recorded)

= $61,200 × 6% × 3 months ÷ 12 months

= $2,020

5. Note payable $50,500

Interest expense $1,010

Interest payable $2,020

To Cash $62,118 ($50,500 + $3,030)

(Being the principal and the interest is recorded)

= $50,500 × 8% × 9 months ÷ 12 months

= $3,030

8 0

3 years ago

Coolsavings.com is one of the largest on-line distributors of in-store coupons, sales announcements, and mail-in rebates offered

givi [52]

Answer:

a. social

Explanation:

Social trends are the trends and habits of the consumers which they tend to display any product. It includes the data and information about the behavior of the customers and their communication related to the product they purchase. The trends of the consumers help the business to flourish more effectively among the consumers.

8 0

2 years ago