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Serhud [2]
3 years ago
10

The operating cycle of a merchandising company isA)always one year in length.B)ordinarily longer than that of a service company.

C)about the same as that of a service company.D)ordinarily shorter than that of a service company.
Business
1 answer:
nevsk [136]3 years ago
5 0

Answer: Option B

Explanation:  Operating cycle refers to the time period taken by the firm to produce the commodity , then sell it and receive the cash.

In case of physical commodities, it takes time for a firm to procure raw materials and produce the goods also the payments from the debtors take time as the amount involved is high.

On the other hand the service company do not need to procure any raw material and services are provided not produced. Therefore, the operating cycle of service company is smaller than the manufacturing company.

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On October 1, 20X1, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. If the company had
Vitek1552 [10]

Answer:

The answer is c. $10,125.

Explanation:

interest rate = 9%

loan amount= 450000

time = 0.25years

Interest charge = 450000* 0.25 * 0.09 =$10,125.

The interest  charge will be $10,125 because the loan was taken in October and the financial year  ends in December, which makes it 3 months which is 0.25 years.

7 0
4 years ago
When MyGym management began evaluating overseas market​ expansion, it first looked at countries in which English was fairly comm
Paha777 [63]

Answer:

standardized global marketing

Explanation:

According to my research on the different types of marketing approaches, I can say that based on the information provided within the question the approach that the company has undertaken is best described as standardized global marketing. This is basically when a company uses the same marketing strategy in various countries and with various cultures. Which is what MyGym is doing by looking into countries that speak English so that they can maintain the same marketing programs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
If only one airline serves a town, does a monopoly exist? What about competition from other services?
Nadya [2.5K]

If only one airline serves a town, the <em>question </em>of whether a monopoly exists is:

  • Yes, a monopoly exists

Based on the given question, we are asked to state whether a monopoly exist in a situation where there is only one airline in a town, and the answer is, yes, that is a monopoly

It is important to note that a monopoly has to do with the domination of one company in a market system whereby there is little to no competition from other companies. In this situation, there is usually higher prices of products because there is a <em>lack of competition</em> for competitive prices.

Read more about monopoly here:

brainly.com/question/13113415

3 0
2 years ago
Read 2 more answers
If a seller fails to deliver the goods, the buyer can purchase other goods to substitute for those due under the contract, but c
lozanna [386]

Answer:

b. False

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

There are special rules known as the special business standards that are set up by UCC governing the merchants and the sales of goods in the Article 2 of the uniform commercial code.

According to UCC, if a seller under a contractual agreement with a buyer fails to deliver goods, the buyer is permitted by law to purchase other goods to substitute for those due under the contract, and can still sue the seller for any consequential damages.

A substitute product can be defined as a product that a consumer sees as an alternative to another product and as such would offer similar benefits or satisfaction to the consumer.

7 0
2 years ago
Helena Fogarty, the CEO and founder of Mi Ola, states "You have to make decisions….Blowing it is waiting too long to have things
ollegr [7]

Answer:

The Answer is D: Nominal group technique

Explanation:

From the question, it is clear that the CEO of Mi Ola is encouraging everyone to bring up that idea they have in mind. She is encouraging everyone to make a decision as it is never wrong as long as you're moving. Bounded rationality talks about making rational decisions that will most likely satisfy personal needs. This does not seem to be the kind of statement made here. The statement is like a booster to everyone to come up with ideas, which bring us to the concept of nominal group technique. This technique encourages contributions from an entire team and encourages swift agreement on the relative significance of problems, issues, and solutions.

4 0
3 years ago
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