1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tanzania [10]
3 years ago
14

Kenneth Chenault, the CEO of American Express Co. hopes to issue American Express cards through U.S. banks. At present, banks th

at own Visa and MasterCard are not allowed to issue other types of credit cards. However, the Supreme Court may rule that Visa and MasterCard stifle competition and innovation by preventing banks that own these two cards from issuing competitive cards. Which of the following environmental forces would have the most impact on Chenault's decision to issue cards through U. S. banks?
Business
1 answer:
WINSTONCH [101]3 years ago
5 0

Regulatory environment.

This environmental force would be the first step for Kenneth to be able to issue cards through US banks. A regulated environment is an environment that has control rules that set the operating guidelines in an enterprise to produce effective goods and services. These guidelines are instituted by various institutions such as the government, regulators and companies.

You might be interested in
A company produces 500 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactu
kipiarov [429]

Answer:

Operating income will be $6,000

Explanation:

The computation of the operating income is shown below:

= Total cost - outsourcing cost

where,

Total cost = Variable cost + fixed cost

Variable cost = Number of microwaves × variable cost per unit

                       = 500 × $26

                       = $13,000

And, the fixed cost is $7,000

Now put these values to the above formula  

So, the value would equal to

= $13,000 + $7,000

= $20,000

And, the outsourcing cost equal to

= Number of microwaves × outsourcing cost per unit

= 500 × $28

= $14,000

So, the net income would be

= $20,000 - $14,000

= $6,000

                       

3 0
3 years ago
Taylor Enterprises purchased 56,000 pounds (cost = $420,000) of direct material to be used in the manufacture of the company's s
Gelneren [198K]

Answer:

The right answer is Option (D).

Explanation:

According to the Scenario, the given data is:

Standard cost : $14.80 / hour

Total working hour: 22,000 hour

Total units : 10,900 units

working hour for a single unit: 2 hours/unit

So, the direct-labor efficiency balance can be calculated as:

Direct-labor efficiency variance = Standard Cost × ( Total working hour - Standard working hour )

Where, Standard working hour = total units × working hours per unit

= 10900 × 2 = 21800 hours

So, Direct-labor efficiency variance = 14.80 × ( 22000 - 21800 )

= 14.80 × 200 = 2960 ( unfavorable )

Hence the correct answer is option (D).

6 0
3 years ago
Read 2 more answers
Technological improvements have made it possible to do a restaurant’s food cost percentage in about _____________ of the time it
EleoNora [17]

Answer: One-third

Explanation:

The impact of technology in our everyday life cannot be understated. Technology has made life easier by simplifying our work lives and personal lives. In the restaurant industry, technological terms such as artificial intelligence, mobile apps, smart devices etc are now common in the industry.

Technology helps in making work easier. This can be noticeable in knowing the food cost percentage of a restaurant. Through technology, the food cost percentage of a restaurant can now be known in one third of the time used before technology came into place.

3 0
3 years ago
Read 2 more answers
Advanced Enterprises reports year−end information from 2019 as​ follows: Sales​ (160,250 units) ​$969,000 Cost of goods sold ​(6
Ilya [14]

Answer:

Cost of goods sold = $576,900

Explanation:

The budgeted cost of goods sold will be the sales volume in 2020 multiplied by cost per unit .

Sales volume in year 2020= (100-10)% ×  sales figure for 2019

                                            = 90% × 160,250=  144,225  

Cost of goods sold per unit =  cost of goods sold in 2019/Sales units in 2019

                                              = 641,000/160250=$4

Cost of goods sold =  $4× 144,225 =  $576,900

Cost of goods sold = $576,900

3 0
3 years ago
Question 4
denis23 [38]

Answer:

B. Accounts Receivable

7 0
3 years ago
Read 2 more answers
Other questions:
  • One of the costs listed below is an opportunity cost. identify this cost.
    11·1 answer
  • Gross profit rate is 30% of sales. Expected January sales are $78,000 and desired January 31st inventory is $7,500. Assuming the
    12·2 answers
  • Firms possessing certain core competencies are more likely to create competitive advantages based on these competencies. However
    11·2 answers
  • At a local university, students talk about being able to retake an exam three times as a way of showing how committed the school
    8·1 answer
  • On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannu
    8·1 answer
  • What is the last step in the vehicle starting procedure?
    14·1 answer
  • Will’s Whitewater Rafting sold 3 acres of land used in the business. The sales price was $6,000 and the adjusted basis of the la
    6·1 answer
  • For more and more businesses, computing is moving from PCs and desktop machines to tablets and smartphones. Managers are increas
    14·1 answer
  • Transactions that affected Barter Company’s stockholders’ equity during 2015, the first year of operations, follow.
    11·1 answer
  • Who benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!