The Marchetti Soup Company entered into the following transactions during the month of June:

I am considering buying a new sports car like a ford mustang. another sports car that would not likely compete head-to-head like

konstantin123 [22]

<span>This is an example of industry competition. Industry competition is a rivalry between companies in the same market who offer similar products or services. These industries compete for potential customer's money and use a variety of means to make sure they are the one a consumer chooses to do business with. They can use advertising to try and attract consumers or offer lower prices, but the most important thing is to provide a good product or service.</span>

8 0

3 years ago

Read 2 more answers

A country's human capital increases a. if its workers become better educated or healthier. b. only if its workers become better

Sidana [21]

Answer:

Option (a) is correct.

Explanation:

Human capital refers to the capital that plays a vital role for improving a nation's productivity. Human capital includes health, education, experience, skills and training. If the workers of a country become more healthier and educated then as a result the output of that country increases because of higher productivity of the workers.

This will also increases the earning of the workers. If a worker is healthier then they will be able to give 100% percent at work and become regular to work.

Alternatively, if a worker has more skills and experience then this will increase the human capital of a nation.

5 0

3 years ago

A new accountant at Leftwich Inc. is trying to identify which of the amounts shown below should be reported as the current asset

natima [27]

Answer:

The correct answer is $17,620.

Explanation:

According to the scenario, the computation of the given data are as follows:

We will include the following transaction as a cash and cash equivalents:

1.$60 of currency and coin in a locked box.

2.A $10,000 U.S. Treasury bill.

3.$260 of April-dated checks that Leftwich has received from customers.

5.$2,500 in the company’s checking account.

6.$4,800 in its savings account.

So, we can calculate the cash and cash equivalents by using following formula:

Cash and Cash equivalents = Amount in point 1 + Amount in point 2 + Amount in point 3 + Amount in point 5 + Amount in point 6

By putting the value, we get

= $60 + $10,000 + $260 + $2,500 + $4,800

= $17,620

4 0

3 years ago

What are two ways that a small business typically uses it’s profits?

ArbitrLikvidat [17]

Answer:

Profit arises when total sales exceed total cost for a period. Once a profit has been made, the owners of the business have a choice: Take the profit out of the business (e.g. pay a dividend to shareholders) Retain the profit in the business – either in cash or by investing the profit into new assets.

5 0

2 years ago

C-Stop reports the following information at year-end: Estimated Book Value Cash Flows Fair Value Building $ 500,000 $ 380,000 $

forsale [732]

Answer:

total amount of impairment loss: $139,,000

Explanation:

Given that:

Book value Estimated cash flow Fair value

Building $ 500,000 $ 380,000 $ 360,000

Patent $ 35,000 $ 40,000 $ 38,000

Copyright $ 40,000 $ 38,000 $ 39,000

Machine $ 100,000 $ 120,000 $ 85,000

The impairment loss happens when C-Stop corporation cash flow is less than it's book value.

As we can see that the estimated cash flow of copyright and building are less than the book value, so total amount of impairment loss:

($ 500,000 - $ 360,000 ) - ($ 40,000- $ 39,000 )

= $ 140,000 - $1,000

= $139,000

Hope it will find you well.

8 0

3 years ago