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Svetach [21]
4 years ago
15

Suppose the only three existing manufacturers of video game players signed a written contract by which each agreed to charge the

same price for products and to distribute their products only in the geographical area assigned them in the contract. This best describes:
Business
1 answer:
zvonat [6]4 years ago
5 0

Answer:

Cartel

Explanation:

A cartel is an association of large businesses that formally agree to work together to protect their interests.  Cartels regulate supply to the markets and manipulate prices. Once formed, the cartel behaves as a single entity. Its objective is to maximize profits for each member.

The three organizations have come together and allocated themselves to regional markets. Each business will have full control of the market in its designated area. To maximize profits, cartel agree to

  • set high prices
  • restricts  market supply
  • breakdown market into territories or regions
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The Perry Company reported Accounts Receivable, Net of $64,400 at the beginning of the year and $73,700 at the end of the year.
bija089 [108]

Answer:

28.06

Explanation:

The formula for calculating this is,

(Average Account Receivable / Net Sales Revenue) * 365

Hence the answer is calculated as:

(69050 / 898000) * 365 = 28.06.

Hope this helps.

Good Luck.

3 0
3 years ago
In the boston consulting group growth-share matrix, each of the four categories in the matrix represents ______.
Mandarinka [93]

In the Boston Consulting Group growth-share matrix, each of the four categories in the matrix represents a different investment strategy

More about growth-share matrix:

The growth share matrix was developed through teamwork. It was initially drafted by BCG's Alan Zakon, who would later go on to become the company's CEO, and then improved with his colleagues.

Bruce Henderson, the creator of BCG, popularised the idea in his 1970 essay The Product Portfolio. About half of all Fortune 500 businesses employed the growth share matrix when it was at its most successful.

It continues to be a key component of corporate strategy lessons taught in business schools today.

Learn more about growth-share here:

brainly.com/question/26425181

#SPJ4

5 0
2 years ago
Contingent workers are more important to firms with: a. highly seasonal demand for their goods and services. b. a need to fill h
Alex

Answer:

a. highly seasonal demand for their goods and services

Explanation:

A contingent worker is any worker that is hired and paid to carry out a specific job for a period of time.

Contingent workers are employees that aren't employed full time by an organisation.

They include part-time employees, consultants, seasonal employees, and interns.

I hope my answer helps.

6 0
3 years ago
When treasury stock is resold for more than it was purchased, the difference between its cost and the cash received when resold:
White raven [17]

Answer:

D. Increases stockholders' equity.

Explanation:

In the case when the treasury stock is resold for high amount that was buy so the difference occurs between the cost and the cash collected once it is resold should increase the stockholder equity

As when the treasury stock is sold, the journal entry is

Cash  

       To Treasury stock(cost value)

      To Paid in capital from treasury stock

(being the treasury stock is sold)

So, It doesn't impact the income statement as it is shown in the stockholder equity

3 0
3 years ago
BUSINESS
erica [24]

An unlimited right to privacy is constitutionally recognized in Canada - this statement is true.

<h3 /><h3>What is Canada’s privacy law?</h3>

Canadian privacy law is derived from the common law, statutes of the Parliament of Canada and the various provincial legislatures, and the Canadian Charter of Rights and Freedoms. The first instance of a formal law came when, in 1977, the Canadian government introduced data protection provisions into the Canadian Human Rights Act. Privacy law is the body of law that deals with the regulating, storing, and using of personally identifiable information, personal healthcare information, and financial information of individuals. Canada has two federal privacy laws that are enforced by the Office of the Privacy Commissioner of Canada - the Privacy Act, which covers how the federal government handles personal information, the Personal Information Protection and Electronic Documents Act.

Learn more about Canada’s privacy law, refer:

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8 0
2 years ago
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