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scoundrel [369]
4 years ago
15

Which statement about the pet goods market is CORRECT?

Business
1 answer:
klemol [59]4 years ago
5 0

Answer:

I) The market for pet goods has been on the rise in recent years due to the lower costs of producing pet goods.

II) One reason for the growth of the pet goods market has been the increase in the number and availability of goods and services for pets.

III) Like other markets, the pet goods market typically declines when the there are downturns in the economy.

Explanation:

Owning a pet store can be a profitable business regardless of the performance of the larger economy. Pet stores have shown revenue growth even during recessions, as owners have cut back on their own spending before reducing the standard of living for their pets.

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Cool Cars Location (Scenario) An automobile producer from Southern Italy, Cool Cars, has developed plans to expand international
S_A_V [24]

Answer:

D. Land and construction costs are comparatively less expensive in Russia than in Canada

Explanation:

Option D would favor Russia ahead of Canada because of the fact that manufacturing costs are cheaper and they have easier access to Capital. I came to this conclusion since it has been stated that land and construction costs are cheaper in Russia.

In Economics the goal of every firm is to minimize cost and to maximize profit. Option D is cost minimizing for cool cars if they want to duplicate their overall success.

8 0
3 years ago
Why might someone choose to diversify their investments?
Feliz [49]

Answer:

When you diversify your investments, you reduce the amount of risk you're exposed to in order to maximize your returns. Although there are certain risks you can't avoid, such as systemic risks, you can hedge against unsystematic risks like business or financial risks.

7 0
3 years ago
If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation
mario62 [17]
50*12 =600 put 600$ a year 
600(1.08)^6   the power represents 6 years and 1.08 represents the percentage. (its gain so remember to add the 1 with 0.08.)

You earn $952.12 .


5 0
4 years ago
On december 31, 2017, peregrine corporation, an accrual method, calendar year taxpayer, accrued a performance bonus of $100,000
charle [14.2K]
I think Peregrine can deduct the bonus in 2018, if there was payment made any time during that year. In this case Charles is related to the company (he is a shareholder with more than 50%), therefore the company's deduction for the bonus must wait until he includes the bonus in the gross income. Considering the fact that Charles is a cash basis, calendar tax payer, will include the payment in gross income in the year he receives it from the Company. Thus if the company pays Charles the bonus anytime in 2015, the corporation can deduct the bonus in 2018.
7 0
3 years ago
A company began operations in Year 1. The following information is provided at the end of each year: Year 1 Year 2 Total salarie
Kaylis [27]

Answer:

$ 170,000

Explanation:

In year 2 salaries payable begins with a balance of $ 20,000 and increases by $ 180,000 due to the salaries earned by employees, which adds up $ 200,000. In order to know what was actually the cash paid to employees in Year 2, we must subtract from this amount what is pending at closing, that is, salaries payable at the end of year 2 ($ 30,000). This gives us $ 170,000

Schematically:

(see attached image)

3 0
3 years ago
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