Answer:
standard-cycle market.
Explanation:
Standard-cycle market are those where a business's competitive advantage is protected from imitation by othe companies and the imitation will be moderately costly.
In this instance the three big companies Coca-Cola, Nestlé, and PepsiCo all sell bottled water. The product is basically the same.
They engage in battles for market share using incremental changes in their products and seeking loyalty to brand names.
This is a form of standard cycle market.
There goal means they want to examine credit unions. The meaning of the phase is Why focus on credit unions? Because: 1) They tend to be more retail-focused than many community banks, and 2) we can get data on credit unions’ membership size which provides a basis of comparison and analysis to evaluate the social media data.
Answer:
yes it makes.although it doesn't buy love and affection. it fulfills our need which makes us happy.
Answer:
Average rate of return= 10.17
%
Geometric return = 9.23%
Explanation:
<em>Geometric average return</em>
This is compounded annual rate of return which is used to measure the performance of an asset over a certain number of years. It helps to measure the return generated by an investment taking into account the volatility .
Unlike the arithmetic average the geometric average gives an idea of the real rate taking into account of volatility
The formula below
Geometric Return =(1+r1) (1+r2) ...... (1+rn)^1/n
Geometric Average return =
(1.12× 1.19× 1.21× 0.88× 1.26× 0.95)^(1/6) - 1 =0.09233168
Geometric return =0.0923
× 100= 9.23%
Geometric return = 9.23%
Average rate of return
<em>The average return is the sum of the returns over the years dividend by the Numbers of returns</em>
Average return = sum of return / No of returns
(12% + 19% + 21% + (12%) + 26% + (5%))/6 =10.17
%
Average rate of return= 10.17
%
Geometric return = 9.23%
Answer:
a.
Date Account Title Debit Credit
Dec, 31. 2020 Cash $1,000
Customer Deposits $1,000
b.
Date Account Title Debit Credit
Dec, 31. 2020 Customer deposits $800
Cash $800
c.
Date Account Title Debit Credit
Dec, 31. 2020 Customer deposits $120
Breakage Revenue $120
Cost of goods sold(0.8 * 120) $ 96
Inventory $ 96
