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ratelena [41]
3 years ago
8

A perfectly competitive firm: A) will budget money to advertise its product. B) can adjust the price of the product so that it s

ells, in order to make more money.
Business
1 answer:
MAVERICK [17]3 years ago
7 0

Answer:

D) has output that is so small, relative to market supply, that it cannot influence the market price

Explanation:

The Perfect competition is that market condition in which it have various characteristics like

1. Large number of buyers and sellers

2. Same or similar products

3. Perfect knowledge

4. Free entry and exist

In this market competition, the output is very small also it is related to the market supply and the market supply does not affect the market price

Hence, the correct option is d.

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Hodgkiss Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Current sales are $800,000. Fixed assets
Norma-Jean [14]

Answer:

$4,292,699.99

Explanation:

Calculation to determine How much in new fixed assets are required to support this growth in sales

Full capacity sales = $800,000/0.95 = $842,105.26

Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000

Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99

3 0
3 years ago
Identify the three components of retained earnings.
Hoochie [10]
The beginning period retained earnings, net profit/net loss made during the accounting period, and cash and stock dividends paid during the accounting period. (i may be wrong because there was no picture but i this is right)
5 0
2 years ago
The date a cash dividend becomes a binding legal obligation to a corporation is theA. payment date.B. record date.C. earnings da
Usimov [2.4K]

Answer:

D. declaration date.

Explanation:

The dividend payment becomes legal obligation, when  it has been declared by Directors and approved by  shareholders in annual general meeting of the company.

The date on which the upcoming dividend payment is announced and declared by the board directors of the company is known as declaration date.

Therefore, the answer is D. declaration date.

3 0
3 years ago
Compile a job advertisement for a receptionist vacancy
xz_007 [3.2K]

Answer:

<h2>                     RECEPTIONIST NEEDED - FRONT DESK</h2>

 <em>JustJay Limited is looking to hire a young and vibrant young person to join</em>

<em>                       our team as a receptionist for the front desk. </em>

<h2>Responsibilities</h2>
  1. Welcoming clients and prospective clients.
  2. Handling both outgoing ang incoming calls to route them as required.
  3. Handing mail logistics.
  4. Carrying out other Administrative duties as required.

<h2>Qualifications</h2>
  • Age between 21 and 28
  • Computer literate
  • Must possess great Interpersonal skills
  • Must be a team player
  • GED holders are welcome to apply.
  • Experience in similar role would be an added advantage.

                         WE OFFER ATTRACTIVE PACKGAGES.

<em>Send us your CV at </em><em>hrjustjayltd . com</em><em> or contact us on </em><em>1</em><em> </em><em>- 585 - 244 - 8522</em><em>. </em>

3 0
3 years ago
On July 31, year 2, Tern Co. amended its single employee defined benefit pension plan by granting increased benefits for service
san4es73 [151]

Answer:

Options Include:

1. Years before Year 1 only.

2. Year 1 only.

3. Year 1 and years before and following Year 1.

<em>4. Year 1 and following years only. is Correct</em>

Explanation:

Prior cost of service is acknowledged whenever a contract is changed to provide added benefits for services previously received by workers.

The amortization of the prior service expense must be acknowledged as an element of the retirement cost during the future service periods of all those workers whom are active on the date of the plan modification and are entitled to receive rewards under the Scheme.

<em>Therefore, prior service costs are expressed throughout the financial statements for Year 1 once the plan was modified and even in the years that follow when it is amortized.</em>

4 0
3 years ago
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