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3 years ago

It is assumed that the activities of Ford Motor Corporation can be distinguished from those of General Motors because of the

Business

1 answer:

Margarita [4]3 years ago

6 0

Answer:

It is assumed that the activities of Ford Motor Corporation can be distinguished from those of General Motors because of the

Economic entity assumption.

Explanation:

The reasons behind this answer are that in the first place ford motor company allows the professionals of accounting and finance to view the states of the proprietors business transactions in a different dimension than the owner's transactions. Even though when they are not completely two different businesses. But they can be separated for accounting purposes. Unlike general motors company, that can't allow the finance and accountancy professionals to do this, because they are not interdependent.

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A competitive firm maximizes profit by choosing the quantity at which.

photoshop1234 [79]

Profit maximization can be achieved by a competitive corporation by choosing a quantity of output such that marginal revenue equals marginal cost.

<h3>How does a corporation maximize its profit?</h3>

A corporation maximizes income via way of means of operating wherein marginal revenue equals marginal price. The corporation chooses quantity in order for that rate to equal marginal value so that it can maximize its profit.

Therefore, When the marginal revenue for an aggressive corporation equals the market rate, the firm maximizes its profit.

learn more about profit maximization here:

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1 year ago

Explain if a country would rather have a trade surplus or a trade deficit.

zepelin [54]

<span>A country would want a trade surplus rather than a trade deficit because trade surplus is better. In order to have a trade surplus, a country must export (sell) more than it imports (buys).</span>

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3 years ago

Trade deficits usually occur when crops are in short supply.<br> O True<br> O False

FromTheMoon [43]

I think the answer is true, but if I’m wrong sorry

5 0

3 years ago

A diagnosis of the competitive challenge, an element of a good strategy, is primarily accomplished through strategy

sveticcg [70]

Answer:

strategy analysis

Explanation:

Strategy analysis is an effective way to analyse the business and internal environment within which they work and operate. Another important feature of strategy analysis is to form a competitive environment within the organisation to create an environment in order to effectively accomplish goals. It helps to form the strategic decision of the company. So, the element of good strategy is to do strategy analysis.

3 0

3 years ago

Shelhorse Corporation produces and sells a single product. Data concerning that product appear below:

zloy xaker [14]

Answer:

See explanation section.

Explanation:

Requirement 1

At first we have to find the original net income.

Shelhorse Corporation

Contribution format income statement

For the year ended, December 31, 20YY

Sales Revenue (6,100 × $260) = $1,586,000

Less: Variable expense (6,100 × $91) = $555,100

Contribution Margin = $1,030,900

Less: Fixed Expense $366,000

Net Operating Income = $664,900

Requirement 2

As the marketing manager believes that a $23,000 increase in the monthly advertising budget would result in a 150 unit increase in monthly sales, the new sales volume = 6,100 + 150 = 6,250 and new fixed expense = $366,000 + $23,000 = $389,000

Shelhorse Corporation

Contribution format income statement

For the year ended, December 31, 20YY

Sales Revenue (6,250 × $260) = $1,625,000

Less: Variable expense (6,250 × $91) = $568,750

Contribution Margin = $1,056,250

Less: Fixed Expense = $389,000

Net Operating Income = $667,250

The effect on the company's monthly net operating income of this change = $667,250 - $664,900 = $2,350

5 0

3 years ago