Effect 1: Your money will plummet down
Effect 2: you won't have much to invest to help you get back economically
Effect 3: Your business with foreclose
Effect 4: Your house bills won't be paid because your business was closed.
The answer to the above situation or condition is Customer and supplier intimacy.
If a company or organization have a strategy on customer and
supplier intimacy, this makes customers and suppliers valuable and important
stakeholder within the company or organization. When they are important
stakeholders they will feel themselves more valued.
Answer: B
Explanation:Sellers of the goods will increase the quantity of the goods supplied in the market.
the shift rightwards is to show that there is a increase in the quantity demanded so the seller will definitely increase the quantity goods supplied.
Answer:
The correct answer is option A.
Explanation:
The association of De Beers and its affiliated producers is a cartel.
A cartel is formed by the producers in an oligopoly market, in order to protect their interests and earn higher profits. Forming a cartel is generally not legal in many countries. Cartels can be formed both formally and informally.
Members of a cartel can fix a higher price to earn more profit.
Answer:
Big Tommy Corporation
Profit and Loss for the year ended December 31
Sales 404,000
Cost of Goods Sold 279,000
Gross Profit 125,000
<em>Operating Expenses:</em>
Salaries and Wages Expense 58,000
Office Expenses 16,000
Travel Expenses 1,000 75,000
Operating Income: 50,000
Non-Operating Expenses
Income Tax Expense 15,000 15,000
Net Income 35,000
Explanation:
Multistep income statement makes a clear distinction on Operating Incomes and Expenses and Non-Operating Incomes and Expenses
Operating income is Profit generated from Primary activities of the company
Non-Operating Incomes and Expenses do not relate to the Primary activities of the firm.They occur as a result of secondary activities.
