Answer:
Accounts Payable -Yes
Salaries and wages payable - Yes
Explanation:
Accounts Payable is the money which the business owes its suppliers. It is a liability.
Salaries and wages refers to the debts of the business to its employees. It is also a liability.
Answer:
B) They should demonstrate how their product will help the customers achieve personal status and recognition.
Explanation:
The social style matrix uses personality traits to categorize customers. It divides people into four categories:
- Driving Style: controlling, determined and active people
- Expressive Style: enthusiastic and emotional people
- Amiable Style: friendly and relationship driven people
- Analytical Style: thoughtful and reserved people
Since we are trying to sell goods to expressive people, then we must focus on how the goods will make them feel more important (VIPs). They seek the attention and notice of other people (they are show-off people). They want to feel important and they will buy goods that make them feel that way.
Answer:
d) partly a variable cost and partly a fixed cost.
Explanation:
CVP income statement is also known as cost volume profit income statement, it is generally a product of CVP analysis and it include five elements:
- Price of products.
- Volume of activity.
- Variable cost per unit.
- Total fixed cost.
- Mix of product sold.
CVP analysis are conducted to know how changes in cost and volume would impact company´s operating income and net income. It require all the cost of company should be segregated into variable and fixed cost. It also calculate contribution margin, which help to identify the profit of company before deducting fixed cost.
Answer:
The correct answer is option d.
Explanation:
If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.
In order to maximize profits, the oligopoly firms keep their prices higher than a perfectly competitive firm but lower than monopoly. The output level is kept higher than a monopoly firm but lower than a perfectly competitive firm.
A fee paid by a borrower to the lender for the use of borrowed money; typically interest is calculated as a percentage of the principal (original loan amount). A debt evidenced by a "note," which specifies the principal amount, interest rate and date of repayment.
