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3 years ago

there is a surplus of a new brand of cereal on the market. what will likely happen to the price of the cereal?

Business

1 answer:

Lerok [7]3 years ago

3 0

Answer:

The price of the cereal would fall.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.

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Calculator Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning ope

disa [49]

Answer:

b.0.22

Explanation:

Return on investment (ROI) = Operating income/ Beginning Operating Asset = $ 92,000/ $440,000 = 0.22

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3 years ago

Cosmetologist job requirements with bullet points

GarryVolchara [31]

Answer:

. Maintains supplies by checking stock; anticipating needs; placing orders; verifying receipt.

. Prepares hair for styling by analyzing hair condition; shampooing and treating hair.

. Conditions hair and scalp by applying treatments.

. Plans desired effect by studying facial features; examining potential styles; conferring with customer; making recommendations.

. Produces desired effect by arranging, shaping, curling, cutting, trimming, setting, bleaching, dyeing, and tinting hair.

. Maintains quality service by following organization standards.

. Maintains safe and healthy conditions by following organization standards and legal regulations.

. Obtains revenue by recording or collecting charges.

. Maintains technical knowledge by attending educational workshops; reviewing publications.

. Contributes to team effort by accomplishing related results as needed. Skills/Qualifications: Listening, Supply Management, Analyzing Information , . Customer Focus, Client Relationships, Organization, Creativity, Attention to Detail, Confidentiality, Professionalism, Verbal Communication

8 0

2 years ago

Sunland Co. uses the retail inventory method. The following information is available for the current year. Cost Retail Beginning

pantera1 [17]

Answer:

Sunland Co.

The calculation of the cost ratio should be based on cost and retail of $1,581,000 and $2,288,500 respectively.

Explanation:

a) Data and Calculations:

Cost Retail Cost to Retail Ratio

Beginning inventory $ 318,000 $494,000

Purchases 1,240,000 1,720,000

Freight-in 23,000 —

Employee discounts — 8,500

Net markups — 66,000

Goods available for sale $1,581,000 $2,288,500 69.08%

Less:

Net markdowns — 86,000

Sales revenue — 1,620,000

Estimated ending Inventory at retail $582,500

Estimated ending Inventory

at cost $402,391 ($582,500 * 69.08%)

Calculation of the cost ratio = $1,581,000/$2,288,500 * 100 = 69.08%

3 0

2 years ago

Many firms are finding that high-tech, computerized training has dual benefits. It develops employees who are more effective and

Xelga [282]

This is an example of a(n) Organisational tangible resource

Explanation:

Tangible resources include currency, inventory, equipment, land or buildings. Tangible resources The products can be liquidated quickly and have a given worth. They are important for accounting, and as they reach balance sheets and income statements, they make a business know their financial status.

Each organisation needs capital and assets to run.

A few of these commodities, including ability and entrepreneurship, are intangible, while the other commodities are measurable. Tangible means capital which can be observed, influenced or sensed.

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3 years ago

Fred is a new employee who has been assigned to your team. This is the first time Fred has worked in your country. Aware that he

kotykmax [81]

Answer:

4.Teach Fred about how decisions are made and communicated, as well as how conflict is handled.

Explanation:

Cultural differences are an important topic when it comes to adjusting to a new workplace. However, no matter how much the new employee knows about a specific culture, it is up to the manager or team leader to help him adjust.

The most effective way to help him is by teaching him <em>how decisions are made and conflict is handled</em>, in a straightforward manner. Since Fred is working in a team and not individually, it is essential for him to learn the basics of conflict management, as conflict handling varies immensely from country to country.

The same is applicable for decision making. He could not know the decision making practice in his new environment upfront. Some environments may encourage a more liberal way of making decisions, while some propose a strict protocol when it comes to making even the most trivial decisions.

Of course, checking him periodically and making sure he knows you're there for him are practices that can do only good. However, they are not critical for the issue.

4 0

3 years ago