____ has experienced a rapid increase in the use of credit cards for purchase?

in industires where international competition is so fieerce and the costs of competing on a global basis are so high that only a

makvit [3.9K]

Answer:

D) joint venture

Explanation:

A joint venture refers to a situation where two companies will join together to form a third independent entity that operates in a specific market or develops specific products. The companies only work together to form the joint venture, but the rest of their operations remain separate from each other.

By forming a joint venture, both companies can utilize resources more efficiently while remaining separate in other markets.

8 0

2 years ago

Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo

Olin [163]

Answer:

(a) $190,000

(b) $2,185,000

(c) $3,125,900

(d) $841,090

(e) $561,260

(f) $1,200,000

Explanation:

Rainier and Yakima Company several balances are omitted. These are calculated with reverse calculation. The material inventory at beginning of may is added with the purchases made and then ending inventory is subtracted to identify cost of goods manufactured.

6 0

2 years ago

If, for a given percentage increase in price, quantity demanded falls by a proportionally smaller percentage, the demand is

nekit [7.7K]

Answer:

Option (D) is correct.

Explanation:

We know that there is a inverse relationship between the price of a good and its quantity demanded.

Relative inelastic demand refers to the demand where percentage change in the quantity demanded is relatively smaller than the percentage change in price of the good.

Relative inelastic demand curve is a demand curve which is relatively steeper in shape but not perfectly inelastic or vertical.

4 0

2 years ago

When an industry is a natural monopoly:

Margaret [11]

Answer:

The answer is D a larger number of firms will lead to a higher average cost

6 0

2 years ago

Tolino Company signed a 5-year note payable on January 1, 2019, of $200,000. The note requires annual principal payments each De

konstantin123 [22]

The following journal entry will be passed in the books of accounts and the interest expense is calculated to an amount of $9600

<u>Explanation:</u>

Given data:

amount of note: $200000, annual principal payments to be made each year at December 31st = $40000, interest amount to be charged = 6 percent, duration of note = 5 years

the following calculation is made in order to find out the amount of interest:

Amount of note minus principal payment multiply with rate of interest

now, putting the figures in formula:

interest = 200000 minus 40000 = $160000 multiply with .06 = $9600

Thus, the interest amount = $9600

The interest expense will be debited with an amount of $9600 in the books of accounts.

8 0

2 years ago