The correct answer is B) Doormart signed an agreement with Wallmart allowing both firms to engage in predatory pricing.
Wallmart is accused of predatory pricing by Doormart. Wallmart could defend itself against this accusation. The option that would not be one of their arguments would be "Doormart signed an agreement with Wallmart allowing both firms to engage in predatory pricing."
This option would be inconceivable because laws and regulations prohibit companies to sign an agreement that could be against the benefits of the American consumer. A situation like that could seem like an agreement "behind doors" that also hampers or hurts other competitors in the industry. Predatory pricing is an illegal practice aimed at eliminating other competitors in the market by setting very low prices. Something like this could create monopolies.
Answer:
$ 3720
Explanation:
As per given case of compound interest :
; where
A = Final Amount, P = Principle, r = rate of interest , t = no. of time periods, n = no. of compounding per time period
Taking: P = 6000 ; t = 6 months , n = 1 (per month) ; r (annual %) = 4% , so r (monthly % ) = 4 / 12 = 0.33% = 0.0033
A = 6000 (1.0200)
A = 6120 [Total Amount Owed]
Amount paid : 400 per month = 400 x 6 = 2400
Amount student still owes = Total amount owed - Amount paid
6120 - 2400
= 3720
Answer:
Sole proprietorship
Explanation:
A sole proprietorship is a business form of an organization in which there is only a single owner who operates and controls the business. The main motive of every organization is to maximize revenue, minimize losses and taxes. Also it has unlimited liability
Therefore in the given situation, the sole proprietorship would be the appropriate and the same is to be considered
Potential benefit of inflation will be the D More business profits.
During inflation, the average cost of the products that exist in the market would be increased.Because of this, the average net income of the businesses that produced it will also be increased.
Answer:
Accrual basis accounting.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The approach to preparing financial statements based on recognizing revenues when they are earned and matching expenses to those revenues is accrual basis accounting.
