Help Please!!!!Jamir has decided that he needs a new car. He has found the model and color he wants for a purchase price of $25,
838. To buy the car, he must put 10 percent down, and his loan is for five years with an interest rate of 4.4 percent. His payments are $432.46. To lease the car, he can sign a three-year contract with payments of $290. He needs to provide $1,500 up front to pay initial fees and his first month's payment. His annual mileage cannot exceed 15,000 miles. What are the disadvantages if Jamir decides to purchase the car? Check all that apply. He will not get the model he wants.
He will have to come up with a bigger down payment.
His monthly payments will be higher.
He will have to return the car when he is done making payments.
True, each SBU pursues it's own distinct mission and often develops it's own plans independently
A Strategic Business Unit refers to a fully functional unit of a business which operates independently and like a fully functional business has it's own departments which act independently from the business to which an SBU reports.
Often, companies which produce multiple different products gradually set up an SBU for those products which have successfully created a distinct identity, separate from the main company.
The purpose of setting up an SBU is for better tracking of revenues and costs associated with the SBU.
So each SBU has it's own distinct mission i.e it's objectives and how(ways by which) it shall achieve those objectives. The plans for achievement of such objectives are devised accordingly.
Money demand refers to <span>how much wealth people want to hold in liquid form.
Liquid form, liquidity, is referring to spendability regarding money spending from a companies assets. When talking about money demand, this is the wealth a person or business has on hand during any given time and how you want to proceed with the money you have on hand. </span>
a monopolistically competitive is characterised by differentiated goods. A monopoly has only one seller. So, the market for deodorants is not a monopoly because there are plenty sellers
perfectly competitive industry sells homogenous products. The deodorants differ by smell. Thus it is not a perfect competition
b. Perfect competition
there are many sellers and the goods sold are homogenous
c. monopolistically competitive
the coffee beams are differentiated and there are many sellers
there is only one seller
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
The transaction if California Surf reissues the 100 shares of treasury stock at $22 per share is as followed:
Dr Cash 2,200
Cr Treasury Stock 2,000
Cr Additional Paid-in capital ( Treasury stock) 200
The total cash receipt from the reissue is : Total shares reissued x Price per share at reissue = 100 x 22 = $2,200;
The Treasury Stock account will be decreased ( Credit) by 2,000 calculated as Total share reissued x repurchased price = 100 x 20 = $2,000;
The Additional Paid-in capital will be credit in case reissued price is higher than repurchased price or be debited when reissued price is lower than repurchased price. The absolute amount of credit/debit will be decided as Total share reissued x Difference between reissued price and repurchased price. In this case, Additional Paid-in capital is credited ( increased) by the amount of 100 x (22 - 20) = $200.