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Sidana [21]
3 years ago
11

The desire of businesses to ____________, so that they can raise the prices that they charge and earn higher profits, has been w

ell-understood by economists for a long time.
Business
1 answer:
In-s [12.5K]3 years ago
7 0

Answer: avoid competition (monopolize)

Explanation:

The desire of businesses to monopolize, so that they can raise the prices that they charge and earn higher profits, has been well-understood by economists for a long time.

Monopoly is a situation whereby a company has exclusive control over trade in a particular goods, thus beating out every competitor. When this is achieved, the company can regulate prices however they choose.

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Chaz and Dolly enter into a contract under which Chaz agrees to provide maintenance services for Dolly's Ski Resort. Duties unde
UkoKoshka [18]

Answer: d. any of the choices.

Explanation:

Chaz is not to transfer the duties to a third party if Dolly got into the agreement with Chaz for any of the following;

  • If Dolly places special trust in the ability of Chaz to perform the maintenance then that trust should not be broken by transferring the duties to a third party. Dolly went into that contract because they trusted in the abilities of Chaz.
  • If Dolly went into the contract due to the personal skills or talents of Chaz, the duties against would be non-transferable. Chaz's skills were the reason the contract was signed, if these skills are not to be used then the contract will be baseless.
  • By signing with Chaz, Dolly expects a certain level of performance. If the performance that will be made by a third contracting party is materially different from the one that Dolly would have expected from Chez, the duties will not be transferable.
5 0
2 years ago
The following information is available for Blossom Company for the year ended December 31, 2020. Beginning cash balance $ 47,610
soldier1979 [14.2K]

Answer:

<h2>           Blossom Company</h2><h2>     Statement of Cash Flows</h2>

                    December 31, 2020

Cash flow from operating activities

Net income                                                              $300,578

Adjustments to reconcile net income:                   $159,970

  • Depreciation expense $171,396
  • - Accounts receivable increase ($8,676)
  • - Inventory increase ($11,638)
  • Accounts payable decrease $3,915
  • Income taxes payable increase 4,973

<u>                                                                                                    </u>

Net cash provided from operating activities          $460,548

Cash flow from investing activities

Sale of land at book value                                         $37,030

- Purchase of building                                            ($305,762)

<u>                                                                                                   </u>

Net cash flow from investing activities                 ($268,732)

Cash flow from financing activities

Issuance of bonds                                                    $211,600

- Purchase of treasury stock                                  ($27,508)

- Dividends paid                                                      ($12,696)

<u>                                                                                                 </u>

Net cash flow from financing activities                  $171,396

Net increase in cash during the year                    $363,212

<u>Beginning cash balance                                          $47,610 </u>

Cash balance at December 31, 2020                   $410,822

6 0
3 years ago
What is a knowledge worker? What HRM changes can be expected in dealing with knowledge workers with respect to recruiting, selec
weqwewe [10]
<h2>Knowledge worker make difference by thinking in a variety of way.</h2>

Explanation:

Rather than regular worker who do manual work / routine work / physical work, Knowledge worker are those who always thinks in variety of ways to solve complex issues, create new products and take company in a different route of success which can be achieved with ease.

The HR should play a major role in motivating knowledge workers by,

  • providing flexible-timings
  • Provide additional allowances
  • Bonus on fixing complex issues / finding new products
  • Awards & other mode of appreciation on achievement
4 0
3 years ago
Bart contributes $100,000 to the Fish Partnership for a 40% interest. During the first year of operations, Fish has a profit of
barxatty [35]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
3 years ago
A liquid company produces hand sanitizer which has demand of 300,000 units per year.
jarptica [38.1K]

Answer:

EOQ =   =  15,491.93 units

Optimal order interval   18.8 days   (19.36  orders in year)

Total cost = $150,774.60

Explanation:

<em>The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.</em>

It is computed using he formulae below

EOQ = √ (2× Co× D)/Ch

<em>Co- ordering cost per order- 20, </em>

<em>Ch -Holding cost per unit per annum- 10%× $0.5=  0.05</em>

<em>Annual demand: D- 300,000</em>

EOQ = √(2× 20 * 2,580)/(10%× 0.5)

       =  15,491.93 units

Assuming 365 days, the optimal order interval in dates

Number of orders per year

= annual demand/EOQ

= 300,000/ 15,491.93

= 19.36 times

<u><em>in days:</em></u>

= EOQ/300,000 × 365 days

=   (15,491.93/ 300,000) × 365 days

= 18.8 days

Total annual cost =

<em>Total cost Purchase cost + Carrying cost + ordering cost </em>

                                                                                 $

Purchase cost = $0.5 × 300,000 =              150,000

Carrying cost = (15,491.93/2) * 10%*0.5 =       387.29

Ordering cost = (300,000/15,491.93 ) × 20 = <u>387.29</u>

Total cost                                                      1<u>50,774.60</u><u> </u>

       

5 0
3 years ago
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